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New Everton Stadium


Lenders will only provide finance if they are confident the money can be paid back.
Guarantors are also not keen to actually have to pay the costs which a borrower cannot pay.

The thing is as we are paying it back over 30/40 years the increased capacity and the improved corporate facilities plus sponsorship due to naming rights and the prime location will pay for itself.

Say we did go down and we had reduced capacity and ticket prices due to being in the lower division, assuming we average £29 per ticket with a capacity of 35k at Goodison and 50k at the new stadium, then the return will be:

GP = £23,345,000
BM = £33,350,000

The cost of borrowing including the councils 4 million a year on top would be anywhere between 12-20 million depending on length of loan and interest rates. We would have made 10 million of that back through the ticketing and at a lower estimate we should be able to pull in 5 million per year for naming rights. That could mean we are a few million up or need to pay out a a few for a spanking new stadium on the Mersey. Not bad eh?

If you go to the full capacities then it works out something like this per season: (assuming BM will be 60k)

GP = £26,346,500
BM = £40,020,000

This again doesn't take into account that the corporate side will be much better at Bramley Moore than at Goodison.

When you go up to full ticket prices being in the prem and the extra sponsorship, if we can secure european games then the differences will grow further again. It is worth the risk, sometimes you have to speculate to accumulate, not even mentioning the prestige of being in that location, which could be a major factor in whether we can break out of the other lots shadow.

From a business perspective this is a complete no brainer.
 
Lenders will only provide finance if they are confident the money can be paid back.
Guarantors are also not keen to actually have to pay the costs which a borrower cannot pay.

The money is being paid back, it's literally guaranteed by LCC.

As for the second point guarantors are legally obliged to do so. That's why they are guarantors.

You are aware of the purpose of the SPV?
 

upload_2017-11-4_1-31-15.webp
 
1. Kings Dock
2. Kirkby
3. Walton Hall Park
4. Bramley-Moore Dock?

WHP can't count as a failed attempt it never got off the ground in the first place. It's equivalent of me having a picture of a stadium and saying I'm going to demolish the three graces to put it on. Never going to happen, you can add Scotland loop and Stonebridge Cross to the list in that case, it was an enquiry at best.
 
Fake News that, the artist impression of how it will look is now up on the Peel site after the budget was cut to buy a new striker in Jan.

1465028997.jpg

That will be why Koeman was trying to get the team to play without wingers... so as not to tip up the pitch at the new stadium... so he was a forward thinker :D
 

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