New Everton Stadium

[TheFinnFan]

" World class, ground breaking and iconic stadium "
"a landmark for the City’s spectacular north Liverpool waterfront"

 

[roydo]

i honestly dont get it, ...

hang on a minute,

maybe its the council holding US to ransom, 'yes you can have the land and the planning, but we want £5m a year for the priviledge' ?? we will have to finance it the way we (the council) decide.

There is not a chance in hell that Moshiri will get all this done, and then wonder where the finance will come from. The whole reason for this SPV thing is to enable us to have a ground, but to enable funds to be funnelled in at an arms length.

Well the first bit of that is bang on anyrate.

 

[Connor]

FFP Dark Magic in play here.

Played Farhad.

Only if it is dropped on my doorstep by Juan Mata.

Whilst getting a piggyback from Axel Witsel.

 

[Toffeeslam]

Brilliant news and brilliant deal. All negativity remember this-

Moshiri has been there less than 13 months:

1) Secured investment
2) Landed new stadium site
3) Odd hiccups - but we are able to buy better players
4) Got Koeman, after ridding of Martinez
5) Finch Farm deal
6) Better shirt sponsor deal

Have I missed anything, or should we have been expecting to see stadium plans/blueprints, new train stations, parking lots, boat terminals etc. today?

Me, Im OVER THE BLOODY BLUE MOON!

He also tarted up Goodison giving the old lady a much needed make over

 

[Goat]

lollollollollollollollollollollollollollollol

 

[ianefc]

There wouldn't be any debt if he just paid it out of pocket and recouped it back on the sale of the club after it was built.

It's taken Chelsea 13 years to do that, they've taken that long because he had to build them up. In 2003/4 he could afford to buy a new stadium so why did they wait 13 years?

 

[Efcjake]

It's taken Chelsea 13 years to do that, they've taken that long because he had to build them up. In 2003/4 he could afford to buy a new stadium so why did they wait 13 years?

I've not a clue what the situation is regarding Chelsea.

 

[Jags..class]

Naming rights should be higher then if we were building in Everton

Everton V the docks.

Will the boats coming in see the name of the ground?

 

[jonnyboy316]

Thoughts:

- Glad to have the right location confirmed.

- it is clear we are at the first step of a long Journey and the mayor's comments a couple of months back about being in a new stadium in 2 years are rubbish

- I have to confess I am struggling to get my head around the deal but as I understand it we will eventually own the stadium so not a West Ham situation.

- 300m sounds on the low side to me. It suggests we are looking at a more modest capacity in the 50k rather than 60k range.

- Disappointed that there were no renders. when I heard Meis was flying over I was hopeful of some visuals

- The CW games question was not addressed. Like most on here I don't want an athletics conversion design.

 

[VentureBrosEFC]

i honestly dont get it, ...

hang on a minute,

maybe its the council holding US to ransom, 'yes you can have the land and the planning, but we want £5m a year for the priviledge' ?? we will have to finance it the way we (the council) decide.

This was a brief thought I had. Glad my insane theories aren't all THAT insane.

 

[hibbo'sclass]

The SPV will own the stadium. We will sub lease it from the SPV.

50k was in the document but this is far from final

No idea

Yes

SPV will lease the stadium from the developer/head lease holder 40 years at a time.
EFC will sub-let from SPV 40 years less 1 day at a time with option to purchase.

 

[Frank Gallagher]

This was a brief thought I had. Glad my insane theories aren't all THAT insane.

we all know how corrupt things are, and deals this big normally mean somesort of 'agreement' behind the scenes.

the financing just seems waaay to overly complicated to me, for no real reason.

 

[ALANSTUBBS]

FFP Dark Magic in play here.

Played Farhad.



Whilst getting a piggyback from Axel Witsel.

Riding on Leroy Fers missuss horse

 

[brettangellnightporter]

The King's dock was over 20 years ago. We didn't have Moshiri to help us secure funding back then.

Everton Football Club as a business was not ever going to be able to secure those loans, either back then or now.

I'm not moaning either, who could moan about this? We're getting a new stadium at the docks, I'm made up! Doesn't mean I'm not interested in the details of the deal behind it, or that the finance deal can't be reviewed separately from the stadium.


You're right that it looks like a series of moves to circumvent high interest payments but you're absolutely speculating that this deal has anything to do with "input from a possible outsider (who isn't technically allowed to). There's nothing suggesting that this is more than LCC helping us secure beneficial interest rates for a very large loan.

I've no idea what you're getting at with the bit about "to circumvent ffp by allowing all matchday income to go to players/wages" because this deal has no impact on that. There's nothing in FFP that requires circumventing to spend the matchday income on players/wages. Losses incurred as a result of infrastructure investment are not calculated as part of FFP loss measurement. Additionally, FFP only considers the amount spent on players in terms of aggregated losses made over a 3-year period, it doesn't even look at wages. Wages are covered by the Premier League's Short Term Cost Control regulations and those rules specifically detail increases in non-broadcast revenue.

The lower interest repayments through this structure would mean more matchday income (allowed revenue) going back into strengthening the playing squad. E.g. you can't have an investor plough money into the team but it can come via raised stadium income

 

[LostLegend]

The amount of kopites throwing a tantrum over this on twitter is so life affirming