New Everton Stadium

[Moomin]

Could work I wouldnt mind that,just use the new stadium for the opening/closing ceremony

We'd have to be used as the running track.

 

[BurnhamBlue]

had to share this

My god. This is why he has time to call a radio station in the middle of the day, he's retarded.

Love the last bit, 'I dont suppose your support Everton' 'It doesn't matter who I support' blatant Kopite.

Everton will be paying the council 4.7m a year, with BM Dock and USM FF combined. More than what the Tories will put in. And people just see it's Everton and that's it. Idiots.

 

[LouReedwalkonthewildside]

"It's not about heads falling off, it's about protecting our city for our children"

 

[peteblue]

had to share this

I liked the way Jeff wouldn't say who he supported....he came across as a typical no nothing RS who refuses to listen to what he is being told....oh I hope we beat them next week....

 

[CrustySack]

Just been reading the Everton Manana thread on Rawk. The belters are obsessed with how the stadium is being funded and why should Everton basically get a new stadium. Not once did any poster on there say what it means in terms of positive growth, jobs and regeneration to that area, and the boost to the economy in our city. This is a great thing for the city of Liverpool yet all they can do spout jealous bile.
The council has bent over backwards for them on many occasions with little or nothing in return. Seeing them explode today is just beautiful, and I've witnessed a couple of the belters in person today, do just that.

 

[toffee-boy]

im on night shift tonight i think i will just listen to the radio mersey phone in on loop lol

 

[Eggs]

Yeah I'm not too fussed about the capacity as I think the capacity stated in the document was a starter for 10 so to speak, and that this will Increase once consultation is taken place.

But all this talk of the games is worrying me, only way I could accept it is if there is no athletics track and the games don't alter the structure of the stadium. So maybe it could be used for opening/closing ceremony...

But saying that Liverpool may not even be hosting the games!!

...when interviewed, Anderson mentioned that Celtic Park was fitted with a "£15m bowl". I have to say I can't remember that, but he would clearly like to use the stadium if the bid is successful. He also mentioned that the land next door would be ideal for an athletes village. As I said yesterday, it's not ideal but it could be an convenient inconvenience if it helps make the development happen.

Found this;

http://www.glasgow2014.com/your-games/venues/celtic-park

 

[Aar_the_Toffees]

I'd say 55k is great capacity. We would fill that up relatively (more than 90%) or so. Anyone know if we're looking at implementing safe standing?

 

[blueblue]

There are musings of a European Super League which Everton probably won't be in.

Jesus wept.

Liverpool in it and finishing 15th every year, how long would that last.

That is being talked about for years without anything happening.

 

[catcherintherye]

I am inclined to agree with that too. In no way pouring cold water on what is overall a great thing for us, and certainly no expert, but it does seem on the more modest scale of outlay if that's the total, even excluding comparisons with London. The financing model suggests to me that we would have room for a bit more oomph and ambition.

He also made a good point about Moshiri putting in 50m or so, if that was the difference between 50k and 60k total capacity it would mean a lot.

The devil is in the detail. I would expect total construction cost to rise over the duration of the build anyway, but its important that what gets built stands the test of time and doesn't just blend into something average, bland, uninspiring.

To me we need 60k + best in class build and design. If the budget is 300m then we will have to compromise on one or both of those aims.

I think we should say a couple of things in this. Firstly the cost of land in London is hugely more expensive. Even buying out a block of flats could be 50 million quid. Likewise transportation of goods is significantly more expensive and takes much longer, congestion charges etc. There is also a far bigger shortage of professionals and skilled workers in construction down this end. All of it adds up.

Secondly a lot of the additional costs for Spurs's ground for example are due to delays and subsequent interest payments. Our project may get delayed also (though a lot of theirs is political with the London Mayoral office) but we seem to have more partners on board.

Dan Meis who designs pretty top draw stadiums estimated around 6k per seat. If we wanted 60k we are probably looking at closer to £350 million quid. When you consider the differential in interest payments and hopefully no time delays (and no "London factor" on land and staff costs) that looks quite competitive to me. I could be wrong though.

The model Moshiri (and potentially Usmanov) wanted for Arsenal was one of long term debt which is sustainable. Given the 40 year time frame we can do this sustainably. The Esk mentioned 17.5 million a year repayments, capital repayments and LCC fees to pay it off over 40 years. Hopefully covered largely by ground sponsorship, with then the increase to come from attendence increases, increase in premium seats and boxes etc. Suffice to say if we wanted to spend a bit more, it should still be sustainable.

My 2 issues with this stadium are. 1) When will we start repaying capital off. 2) How much will we save on interest to justify a 4.4 million pound fee. We would need an interest rate of anything better than 2% which should be achievable to show profit.

 

[BirkenheadBlue]

"It's not about heads falling off, it's about protecting our city for our children"

Who said that ffs?! lol

 

[Eggs]

.....questions answered in the Daily Post;

http://www.dailypost.co.uk/sport/football/football-news/everton-fcs-new-stadium-plans-12793675

 

[mikewex]

My 2 issues with this stadium are. 1) When will we start repaying capital off. 2) How much will we save on interest to justify a 4.4 million pound fee. We would need an interest rate of anything better than 2% which should be achievable to show profit.

Not sure we are paying capital off, we are paying effectively rent on a lease with the right to by at the end of 40 years as far as I know. How much that final payment would be is not clear though. With regard to the rate, EFC borrows secured money at about 8% (for example the factored media rights), local authorities borrow at about 1 % over Gilt so I think about 3% at mo. Every 1% of interest on 300m is 9m, so plenty of scope there.

 

[blueblue]

Just been reading the Everton Manana thread on Rawk. The belters are obsessed with how the stadium is being funded and why should Everton basically get a new stadium. Not once did any poster on there say what it means in terms of positive growth, jobs and regeneration to that area, and the boost to the economy in our city. This is a great thing for the city of Liverpool yet all they can do spout jealous bile.
The council has bent over backwards for them on many occasions with little or nothing in return. Seeing them explode today is just beautiful, and I've witnessed a couple of the belters in person today, do just that.

Liverpool have been the bigger club in the City for quite a while now.
This has the potential to be a game changer. We have all seen so many disappointments that we take nothing for granted.

It is now only what has happened already and what is known already, but there are also the possibilities of what could happen in the future.

The elephant in the room is Usmanov...I think his involvement is what many are really afraid of.
I am not convinced that a lot of ordinary Liverpool supporters fully comprehend the changes and momentum at Everton, the stadium has not come out of the blue.
The arrival of Moshiri has kicked everything up a couple of gears.

 

[BirkenheadBlue]

I think we should say a couple of things in this. Firstly the cost of land in London is hugely more expensive. Even buying out a block of flats could be 50 million quid. Likewise transportation of goods is significantly more expensive and takes much longer, congestion charges etc. There is also a far bigger shortage of professionals and skilled workers in construction down this end. All of it adds up.

Secondly a lot of the additional costs for Spurs's ground for example are due to delays and subsequent interest payments. Our project may get delayed also (though a lot of theirs is political with the London Mayoral office) but we seem to have more partners on board.

Dan Meis who designs pretty top draw stadiums estimated around 6k per seat. If we wanted 60k we are probably looking at closer to £350 million quid. When you consider the differential in interest payments and hopefully no time delays (and no "London factor" on land and staff costs) that looks quite competitive to me. I could be wrong though.

The model Moshiri (and potentially Usmanov) wanted for Arsenal was one of long term debt which is sustainable. Given the 40 year time frame we can do this sustainably. The Esk mentioned 17.5 million a year repayments, capital repayments and LCC fees to pay it off over 40 years. Hopefully covered largely by ground sponsorship, with then the increase to come from attendence increases, increase in premium seats and boxes etc. Suffice to say if we wanted to spend a bit more, it should still be sustainable.

My 2 issues with this stadium are. 1) When will we start repaying capital off. 2) How much will we save on interest to justify a 4.4 million pound fee. We would need an interest rate of anything better than 2% which should be achievable to show profit.

On that last point, regarding the £4.4m

It's probably worth bearing in mind that it's probably not solely paying for a better interest rate. There's probably also an element of "greasing the wheels" for council investment in infrastructure etc.

Much easier for the council to "sell" the idea of them spending on roads etc if they can point to a big chunky payment coming in from the club each year.