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New Everton Stadium



If LCC are funding the stadium then surely there will be a lot of explaining to do to the people of Liverpool? We are talking about a council that is crying skint, making cuts and raising council tax rates. I can't quite get my head around this.

If i'm understanding what has been said correctly the council will have more money not less.

Say i need a loan of £10,000 but the bank won't give it to me or only at high interest rates, I ask my dad to take out the loan for me and I pay him back whatever it costs plus £50 on top, then he is getting something for nothing.
 
If LCC are funding the stadium then surely there will be a lot of explaining to do to the people of Liverpool? We are talking about a council that is crying skint, making cuts and raising council tax rates. I can't quite get my head around this.
They'll probably be treating it as an investment. Build it, hold the commonwealth games to bring tourism / investment into the city and then sell it on to Everton or a pension fund a few years down the line. That's what Manchester City Council ended up doing.
 

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