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New Everton Stadium

CrustySack said:
I've also been pondering this scenario since March. It wouldn't surprise if the club were using the brownie points and goodwill gained by obtaining the Bramley Moore location to compensate for a cheap stadium. £300 million is not going to be enough to build an iconic stadium.
Click to expand...
Latest (rising) cost of the new Anderlecht stadium is £370M.

I wouldn't say it looks great, tbh.

And that's after pegging costs back after deciding they couldn't afford a retraceable roof or retractable seating to accommodate an athletics track

eurostadium_top.jpg


What would you get for less money than that?
 
Eggsyblueskin said:
As far as I know successful businessmen do not generally use their own personal wealth to fund their companies they use their wealth underwrite loans . I believe this was effectively themethod John Moores used to great effect.
It should also be remembered that Moshiris estimated wealth is given as two billion this doesn't mean he has a bank vault full of unused tenners, much if not most may be in the form of shares, property etc. and not easily accessible. In order for him to fund the stadium he would have to realise the value of this 'on paper money' or , ironically , raise a loan against it. As I understand it Moshiri is ensuring that during the building of the stadium that the football side maintains adequate funding which is imperative.
Finally the fact that the model being used benefits the city financially is something I'm very happy and proud off. That in building our stadium we are able to help our city maintain services in the face of a political party that is hostile to the north in general and who seem to be determined to erase Liverpool from the map entirely, by starving the city and the region of resources.
Click to expand...
Really?

Well his first season here contradicts that a fair bit. And if this summer turns out to be another sell-to-buy window we can dismiss that theory entirely.
 
davek said:
Latest (rising) cost of the new Anderlecht stadium is £370M.

I wouldn't say it looks great, tbh.

And that's after pegging costs back after deciding they couldn't afford a retraceable roof or retractable seating to accommodate an athletics track

eurostadium_top.jpg


What would you get for less money than that?
Click to expand...
Anfield
 
Eggsyblueskin said:
As far as I know successful businessmen do not generally use their own personal wealth to fund their companies they use their wealth underwrite loans . I believe this was effectively themethod John Moores used to great effect.
It should also be remembered that Moshiris estimated wealth is given as two billion this doesn't mean he has a bank vault full of unused tenners, much if not most may be in the form of shares, property etc. and not easily accessible. In order for him to fund the stadium he would have to realise the value of this 'on paper money' or , ironically , raise a loan against it.
As I understand it Moshiri is ensuring that during the building of the stadium that the football side maintains adequate funding which is imperative.
Finally the fact that the model being used benefits the city financially is something I'm very happy and proud off. That in building our stadium we are able to help our city maintain services in the face of a political party that is hostile to the north in general and who seem to be determined to erase Liverpool from the map entirely, by starving the city and the region of resources.
Click to expand...

I agree with most of what you say and if you re read what I have said my concerns are the length of the loan, 40 years.
Arsenal was 25. It seems an incredibly long time to be paying interest on. As others have said and I agree with, we are not aware of the details
and can only make assumptions. My concern is that we `appear` to be loaning the whole amount unless we intend to borrow more or part- fund
both raise questions in my opinion. Either way time will tell.

On a seperate note a tory mp Heseltine was given `the freedom of the city` by Anderson if I remember correctly for services to Liverpool and attracting investment and regeneration, much of it from the EU.
 
davek said:
Latest (rising) cost of the new Anderlecht stadium is £370M.

I wouldn't say it looks great, tbh.

And that's after pegging costs back after deciding they couldn't afford a retraceable roof or retractable seating to accommodate an athletics track

eurostadium_top.jpg


What would you get for less money than that?
Click to expand...
You really are desperate for all this to fall flat on its face, aren't you?

So strange.
 

eddy said:
my concerns are the length of the loan, 40 years.
Click to expand...

That applies to the LCC SPV thing; and the length of it makes it extremely attractive to high end, property investment companies.

They crave long term, stable income, and the LCC backing makes the investment, if they proceed, pretty much AAA quality. That means they can include the stadium in their Low Risk rated investment portfolios, which they then market to, amongst others, local councils, ironically. (or maybe not. *taps nose*)
 
roydo said:
That applies to the LCC SPV thing; and the length of it makes it extremely attractive to high end, property investment companies.

They crave long term, stable income, and the LCC backing makes the investment, if they proceed, pretty much AAA quality. That means they can include the stadium in their Low Risk rated investment portfolios, which they then market to, amongst others, local councils, ironically. (or maybe not. *taps nose*)
Click to expand...

Listen to him
He knows the sh1t
I know it's avoiding the swear filter
As I am sick and tired saying
Look at the big picture
The stadium is only a small but highly important part of the whole package
Canary Wharf
The south bank
Dublin docklands
All the same
One iconic building to pique the interest.
We are just lucky it was us and not the RS the Moshiri bought
 
eddy said:
Arsenal capital assets would be greater than ours, turnover, land value overall assets plc a lot higher than ours
Loan to value less risk as assets outweigh debts ...... then again I may be wrong and its only my opinion

I am assuming a more favourable rate for us as the Council are standing as guarantor. The figures that we are giving them for doing so over 40 year are to me `astronomical`, hence why I would suspect any prudent business would want to pay this debt down sooner rather than later. I struggle to see any benefit of this funding model based upon the limited information available so far.

If we have a billionaire owner bought in at 49% I do not understand the funding model. Common sense dictates with no debt we are worth more
why straddle us with a huge debt for 40 years ?
Click to expand...
Should phone Mosheri mate let him know before he does something daft !!
 

Brisan123 said:
Listen to him
He knows the sh1t
I know it's avoiding the swear filter
As I am sick and tired saying
Look at the big picture
The stadium is only a small but highly important part of the whole package
Canary Wharf
The south bank
Dublin docklands
All the same
One iconic building to pique the interest.
We are just lucky it was us and not the RS the Moshiri bought
Click to expand...

I think I might do. Might be miles off, but it fits the MO of a company I know very well, perfectly. And a few whispers/non denials, have done little to dispel the original info I got.

Many a slip between cup and lip, and all that, but if that lot are involved, it is big time. Proper player starts it off, the property world piles in.

LCC. Win
Peel. Win
Liverpool City. Win
Everton. Win.

;)
 

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