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It's 'ringfenced' I believe.
The ring-fenced arena
The ring-piece arena
' Riskfree' 12 year money (gilts) is about 3.5%. Everton might lend at 7%(??...too low?). To retire a 200mio debt over 12 years would take about a 25mio quid/year payment schedule. At 9% it's 28mio/year Bottom line : VERY important Everton performs well on the pitch in England....and in Europe.
When it comes to naming rights, please be a technology firm or a posh airline or something. When you start entering the realm of food/drink companies or supermarkets etc, things start getting a bit gammy. Imagine the Findus arena, Rustlers stadium or the Lidldome.
*shudders*
Agree...existing contractuals leave us a little 'boxed in' in this regardThey could extend the duration to 15 years get a lower rate. Plus if tv increases continue and we perform we should not have much to worry about.
Our only limitation is commercial revenue.
Agree...existing contractuals leave us a little 'boxed in' in this regard
They could extend the duration to 15 years get a lower rate. Plus if tv increases continue and we perform we should not have much to worry about.
there's no fkn way Mo Farah eats them quorn sausages
no way at all
If TV increases continue so will increases in spending by our competitors on players and wages. We will necessarily be diverting some of the money from competing with other clubs in the player market on to paying off stadium incurred debt.
There's plenty to worry about not least the world class/shoddy box design that our boardroom leeches/fools will probably sanction.
If done properly though it's worth the risk.
It's now a win win situation. Yay.I'm so sure that this won't come off that I'd happily let you all s**t on my chest if we get a new stadium
You are all witnesses to my promise lol
bollox have youI've seen him eat the quorn mince.