New Everton Stadium

[The Rhino]

And Spurs stadium is costing more than double that, completely irrelevant as no two scenarios are the same.

Yep, although in Spurs case that figure includes not just the stadium but infrastructure around the ground etc. The stadium itself is about £450 million I think

 

[The binman chronicles]

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

Just like a mortgage on a house i'd imagine they would be able to repossess. The land value would be quite something if the rest of Liverpool Waters is up by then. I guess Moshiri can act like a guarantor for Everton anyhow.

Plus like anything, in 10 years time they would have got that 350 million down to 250 million, (& thats if we don't put an initial payment on it, you would like to think they could front up 50 to 100 million) at that point they could remortgage for lower payments over a longer term.

 

[tirion]

I've said before, I don't know if £350m is the total cost of the entire project. Could just be one portion of the funding.

so there could also be private investors alongside us?

 

[Jamiednm]

And Spurs stadium is costing more than double that, completely irrelevant as no two scenarios are the same.

Also in North London, where land and construction prices are astronomical. Different economy.

 

[jal123]

Also in North London, where land and construction prices are astronomical. Different economy.

Exactly my point.

The poster I quoted mentioned a stadium in a completely different country.

 

[kithnou]

£350m is the LCC loan. Who is to say we won't be putting in some on top?

 

[DerbyshireAndHarper]

And Spurs stadium is costing more than double that, completely irrelevant as no two scenarios are the same.

As is two completely different geographical areas, as it costs a lot more to build stuff in London than it does in Liverpool.

 

[Tin-Tin]

Its only £350mill as all the steel is free courtesy of Mr Usmanov

 

[davek]

350 million gets a bang average stadium tbf....does anyone know Nick Knowles number?

Everton this.

Ha ha.

 

[Toffee63]

about 50-55000 seats

Needs to be bigger than that other place we used to play until 1892. And why does it have to be multiples of 5000? 58000 would do it, with one end similar to the big stand at Dortmund. Lots of design features taken from Goodison like the Leitch criss crosses on the stands.

 

[jal123]

As is two completely different geographical areas, as it costs a lot more to build stuff in London than it does in Liverpool.

Again, that is literally my point.

 

[blulouie]

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.

What would the council use for assurance mate ?

 

[ijjysmith]

Impatient mate? Hardly when all this started I still had hair growing on me head not me arse and me nose.

One more day. Maybe hair will return.

 

[ggooggooggoo]

Woah I'm happy as anyone were getting a new stadium but £350 million is a basic bowl these days....given that new roads etc need building.

Lets wait and see a design.

 

[chewee]

Also in North London, where land and construction prices are astronomical. Different economy.

Spot on. It's hard enough driving a car around that area, imagine how slow and tedious it must be delivering goods for a development on the scale of that. Cost of Labour also through the roof in Laaandan.