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New Everton Stadium

davek said:
I'm sure the answers will be in place. What we're dealing with here though is a lot of perception. If this project if funded the way we think it is, anyone thinking this just gets announced and rolls out unproblematically are living in cloud cuckoo land.

It is massively controversial, not just for local ratepayers, but for the potential impact it will have on the club.
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Questions will be asked, Joe Anderson's relationship with Everton will be looked at closely.

Investigation to be called causing a delay is my guess.
 
The binman chronicles said:
You know how to kill a party... (n)

:p
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I can't say I'm expecting anything more myself, and I'm ok with that - as long as it's a solid commitment that we're moving forward with BMD, I won't be disappointed. I am not expecting anything like renderings - why would they be preserved for a press conference? If we get any kind of detail other than we've secured the land and are financially good to go, I'd be amazed.
 

Jamiednm said:
I can't say I'm expecting anything more myself, and I'm ok with that - as long as it's a solid commitment that we're moving forward with BMD, I won't be disappointed.
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Make sense. Council announce what is going on with the site. Everton have their own press conference with details and designs etc. another time.
 
davek said:
I'm sure the answers will be in place. What we're dealing with here though is a lot of perception. If this project if funded the way we think it is, anyone thinking this just gets announced and rolls out unproblematically are living in cloud cuckoo land.

It is massively controversial, not just for local ratepayers, but for the potential impact it will have on the club.
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LCC will not lose out in this .. Joes job is to look after Liverpool as a city not just his beloved team.
I have no idea of the financing but it will not be detrimental to the LCC or the people of our city!!!
 
davek said:
We await detail on who pays what to whom. It's great that things are taking shape and there appears to be harmony and now partnership with the local state we've been bumping heads with for so long. But when the dust settles on this apparent funding package a number of major issues are going to emerge, and we better be ready for them:

1/ The inevitable furore over a city council that has made £400M worth of cuts exposing itself to almost as much again for the sake of a privately owned football club.
2/ (relatedly) The spotlight will fall on Moshiri as a very wealthy man fire-walling himself from any financial fall out if it all went wrong and leaving public institutions with the onerous task of paying back banks.
3/ (again relatedly) The impact on the club given the massive amount of borrowing if it should fail and its inability to pay back the debt without losing its home - or control over it (see Coventry a few years back when they ended up as tenants and eventually turfed out).
4/ The very real probability, given the points above, of opposition and an inquiry (and, regardless of Anderson's clout, the possibility of objections at council level).
5/ The figure of £350M looks like rock bottom and over the course of the project, should it go forward, WILL rise again and again - thus multiplying the dangers of other points made so far.


Today and the announced plan = easy bit.
Tomorrow - the firestorm of awkward questions and publicity.
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It's been signed off by cabinet Dave, and approved by audit. Like I said the other week there's no money in the pot at LCC but this income for them.

And LA cuts have nothing to do with this, the council are acting has guarantors on a loan for EFC, they get favourable rates for infrastructure programs like this. However they are unable to utilise the same lending facility to support services, it's a win win for the council

With regards to moshiri, I don't get how he's protecting himself from anything. He's secured a very favourable deal for the financing of the stadium, this lack of foresight was the nail in the coffin for kings dock. No owner would fund this themselves.

There'll be contingencies in place if we fail repayments, that's why audit have approved it. Everything must above board and satisfied them
 

ijjysmith said:
I'M IN AGREEMENT WITH MIKEY
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s990389325454429633_p58_i1_w397.jpeg
 
Eggs said:
...absolutely, but as soon as this was originally mentioned a number of us said there would be resistance. I hope the standard of businessmen involved in brokering the deal means we wouldn't be at this stage if they weren't confident of overcoming challenges to the governance process.
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...Joe Anderson is involved. Need I go on?
 

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