That would be true if Everton were providing the finance. IMO, we aint, not even a little bit; nor is Moshiri. (usual Roydo "if I am right" disclaimer).
How it gets pulled together, I only have a vague idea on, but the LCC SPV thing allows property investment houses to climb aboard what would otherwise be a far too risky venture that they would normally want to be associated with.
How the slack between that, the SPV thing, and the total cost is made up, well, I would cast my gaze eastwards myself.
If only people would accept the fact that our stadium is a small but vital part of a bigger plan
I had great hopes for Moshiri and his investment in the team.
However he is in Daveks words a poor Billionaire.
He only barely makes it into the billionaire status group so he was never going to put his own millions into us.
What he has done is come with a major plan and the financial nous , planning and contacts to see the plan through.
The general dockland development is where the big money is and by big money I'm talking Billions
The stadium will be a showcase , a jewel that shines but with no real value except to attract footfall and investment to the area.
However the plus side to this is that we get a brand new stadium , cheaply financed , with a very manageable payback cost and timeframe.
Moshiri may stay involved and use his acumen to get better sponsorship deals and attract better finance but unfortunately I can't see him putting a lot of his own money in.
Moshiri and Corestate ( Google them ) buying the Liver building is a bigger statement, it's like a fancy site office on a building site for them.
Moshiris 48% ownership still doesn't make sense and I can see a larger considerably richer shadow in the background , I mean how did Moshiri finance the share buy into the club ??
The stadium will be built as it's a means to an end and we just happened to be in the right place at the right time.
Maybe Moshiri will sell up , but if he does the new owner will be getting a club in much better shape to compete than when Moshiri took over