New Everton Stadium

[LouReedwalkonthewildside]

That's the thing. They're not technically. But angry people will read it as they are.
I'm not a finance person by any stretch of the imagination. Rest assured the LCC doesn't have a pot of £350m which they are donating to EFC.
But they can help EFC to get money if that sort

RS...


















Going to be fun.

 

[eame71]

Fund

 

[Mrtallywacker]

Doubt it - nobody will ever take Goodison. Millwall couldn't even get much further than the stairs to try and take Gwladys Street in 1973!!

Our good friend Stanley convinced them to turn back if I remember correctly my son.

 

[The_La]

You'd have to question the terms of the deal if default is even a remote possibility.

He figures if heard - taken in context of the increased revenue EFC should get from a new stadium and improved sponsorship - should make repayments manageable.
But any deal of this nature has an element of default risk, there's no way LCC could enter it without mitigation built in.

 

[jinkyali]

Seems like a cunning plan baldrick

Hell. LCC wont be putting up the 400m. They will be acting as guarantor to it. Hence we get cheaper finance.

 

[Nobby Nobbs]

This is for those who know what's going on,. Will this have been already passed by LCC or still have to get passed.

 

[tirion]

That's the thing. They're not technically. But angry people will read it as they are.
I'm not a finance person by any stretch of the imagination. Rest assured the LCC doesn't have a pot of £350m which they are donating to EFC.
But they can help EFC to get money if that sort

how much stadium will £350m get us?

 

[jinkyali]

This is for those who know what's going on,. Will this have been already passed by LCC or still have to get passed.

Why wouldnt it get passed? The council are not giving us 400m by the sounds of things.
They are simply acting as a guarantor for it.

 

[ggooggooggoo]

So if there is a snap election ( highly likely) all the RS are gona vote tory and block it being built ?

 

[Jamiednm]

If any of this has any element of truth, then I like it. While the RS are being funded by foreign owners who could leave at the drop of a hat, we could potentially be in mutually beneficial, long term deals with the city council and super rich Peel. Cracking set of allies to have there - and Everton's success will be in their interest.

 

[The_La]

How rich do you think Moshiri is like

It's at least a £350m project mate. Very few clubs in the world could fund such a project without financing, and if our cheapest option for finance is through partnership with LCC then it's a no brainier

 

[ToffeeTim]

Embargo Negative

 

[Jamiednm]

So if there is a snap election ( highly likely) all the RS are gona vote tory and block it being built ?

Snap general election? Not any time soon, and even if it happened, that wouldn't affect Councils.

 

[jal123]

P

So if there is a snap election ( highly likely) all the RS are gona vote tory and block it being built ?

why would there be a snap election?

 

[technojoe]

So is it on??