Mikelangelo
Player Valuation: £750k
On the subject of stadiums, capacities, running tracks.... 18500 capacity stadium, with a running track.... In a CL semi final... The mind boggles!
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If that happens, the kickoff times will begin early morning to fit better with the Chinese time zone.The premier league will be played one match after another from Friday until Sunday evening, with no two matches kicking off at the same time soon enough. Asian money will outbid sky and BT for the next tv deal.
Need to get it back on track Tom ! What do you think the capacity should be?Have we given up talking about the stadium now and shifted our focus to football finances and possible fluctuations over the next half century?
I'm enthralled.
Need to get it back on track Tom ! What do you think the capacity should be?
But in the near future the Moshiri led Everton will be cutting better commercial deals. And I wouldn't deny for one moment the necessity for a new and improved facility. I question the structure of the deal and maybe even the location given the likely final cost involved.
I dont doubt all those points about how a new stadium can pay its way. Never have doubted that the figures stack up and that it can provide more finance. That's not my issue. My issue is that our future is unknown and half a billion (conservative figure, imo if this is to be an iconic stadium) is a hell of a lot of money to have hanging over you when you could hit a nightmare season and get relegated, or for one reason or another the industry loses its allure and crowds dwindle and revenue takes a dive. It also hangs on how partners in the project are doing and their (changing) priorities (and they will change over that period). It's a long long time for everything to stay where you want it to stay and be non-problematic.As per my previous post mate, our current match day income from Goodison over a 40 year period outstrips the reported liability of the ground by about 250 mill.
That's Goodison currently, you would have to say that a new ground and associated benefits are likely to well outstrip that to be significantly better holistically in terms of increase in capacity, corporate facilities, non football related events and naming rights. In its current form the model is beyond cost neutral on match day revenue alone, well within our organic means before TV, commercial or merchandising etc. We're down 14 mill a year in a liability allegedly, but that's well within our means on match day income alone. Before the bells and whistles of the facility led revenue and sponsorship.
I'm suspicious to a degree because the deal looks to good to be true, but wouldn't share your specific concerns. I think the devil will be in the detail of the figures. I actually think the annual liability will be greater then the 14mill figure I'd say somewhere between 19-25mill myself. The key point for me is the exit clause of the financer, I don't fully believe that they will hand over the stadium without some kind of ballon payment.
Those are the points I'll be keeping an eye on, the annual liability I think is neither here nor there and will be well within our means without a significant impact, the eventual ownership issue and ballon payment is the smoking gun and defineing factor for me on this model.
He did three laps of the track first before passing the baton to @DerbyshireAndHarper
Maybe we need a thread for people worried about the new stadium?
Dave can i just say from someone who is not your biggest fan that your posts on this thread today have been great to read.I dont doubt all those points about how a new stadium can pay its way. Never have doubted that the figures stack up and that it can provide more finance. That's not my issue. My issue is that our future is unknown and half a billion (conservative figure, imo if this is to be an iconic stadium) is a hell of a lot of money to have hanging over you when you could hit a nightmare season and get relegated, or for one reason or another the industry loses its allure and crowds dwindle and revenue takes a dive. It also hangs on how partners in the project are doing and their (changing) priorities (and they will change over that period). It's a long long time for everything to stay where you want it to stay and be non-problematic.
It basically comes down to how much of a gamble you see this as being. I dont subscribe to the 'you have to take a chance' philosophy. I personally think many have been mesmerised by talk of a dockland work of art that will rub the Kopites noses in it for all time and that rationality is taking a back seat to that. At the back of all that is a basic distrust of the people who have rocked up here at Everton and for me have proven nothing...worse, proven they aren't as good as their word so far on on-field matters.
Docklands all over Europe are been regenerated.Exactly this.. it's the location that will lead to the increased commercial deals etc. Without the location it wouldn't be as good.. take stone cross.. the income generated from commercial deal would be pathetic in comparison to a stadium on the waterfront.
If you can't see that then you are blind to the facts and nothing will persuade you.
Pound for pound the best poster on here. He just loves the game too much sometimes.Dave can i just say from someone who is not your biggest fan that your posts on this thread today have been great to read.
Most of what you have said as far as how its all being funded and also looking at the bigger picture in terms of if we should ever get relegated is something we all need to seriously consider,and when you are not posting without some sort of agenda you are actually very interesting.
more of this please....
I dont doubt all those points about how a new stadium can pay its way. Never have doubted that the figures stack up and that it can provide more finance. That's not my issue. My issue is that our future is unknown and half a billion (conservative figure, imo if this is to be an iconic stadium) is a hell of a lot of money to have hanging over you when you could hit a nightmare season and get relegated, or for one reason or another the industry loses its allure and crowds dwindle and revenue takes a dive. It also hangs on how partners in the project are doing and their (changing) priorities (and they will change over that period). It's a long long time for everything to stay where you want it to stay and be non-problematic.
It basically comes down to how much of a gamble you see this as being. I dont subscribe to the 'you have to take a chance' philosophy. I personally think many have been mesmerised by talk of a dockland work of art that will rub the Kopites noses in it for all time and that rationality is taking a back seat to that. At the back of all that is a basic distrust of the people who have rocked up here at Everton and for me have proven nothing...worse, proven they aren't as good as their word so far on on-field matters.
We built the main stand for 750k.I remember John Barnes reportedly being on £10k per week