BirkenheadBlue
Player Valuation: £70m
lol
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
crockyblue79
Player Valuation: £950k
Brexit will kill this project, you won't even be able to buy the materials cheaply enough to build a shed after 2019.
gorgeousgeorgeEFC
Player Valuation: £25m
I was very encouraged by Mr Moshiri's insistence that our stadium will not be inferior to Wet Ham's in terms of capacity i.e. it will not have a capacity of less than 60,000.
GwladysBlue
Player Valuation: £70m
I thought it was in an official council document?
n01efc
Player Valuation: £20m
What I’m concerned about (rightly or wrongly) is that at this point in time the only funding we have secured is that from the council - what have we been doing since the announcement to find the other partner? The longer it takes the higher the stadium cost due to inflation etc.
The binman chronicles
Player Valuation: £80m
What could be a problem is if we say that we have found another loan to cover the other 200 million. If we have 2 payments of 15-20 million going out a year then it increases the risk of default and makes it less likely the public swallow it. What may be good about this is that we are forced to pay for some of the stadium build ourselves. (increase of capital like what was used to pay the debts off) Or we will have a stadium budget of 280 million + what we can immediately generate/save over the next 4 years.
The way some people are rambling on here, it's almost like Everton are going to be the first private business in history to benefit from a local government regeneration scheme lol
Providing the club don't go bust, then I see no issue with the financing mechanisms. There will be plenty of business benefit from the North Liverpool dock project, and if it puts people in jobs and makes people better off then why would people oppose?
It's a big IF that we can pull this off, but if we do then it's sustainable, smart, helps us compete off the field, and is socially responsible.
PS: If we mess this up it's not the project to blame, its the people involved in our board. And I will unleash my fury towards them for messing up such a great chance.
Providing the club don't go bust, then I see no issue with the financing mechanisms. There will be plenty of business benefit from the North Liverpool dock project, and if it puts people in jobs and makes people better off then why would people oppose?
It's a big IF that we can pull this off, but if we do then it's sustainable, smart, helps us compete off the field, and is socially responsible.
PS: If we mess this up it's not the project to blame, its the people involved in our board. And I will unleash my fury towards them for messing up such a great chance.
EFC78
Player Valuation: £25m
I can't imagine they've not planned for how they will be getting that part of the funding.
I see some in the press are pushing the whole "Anderson supports Everton" angle here and asking whether he can justify the loan, ignoring of course that building a stadium on that waterfront will benefit the City economically
Potential risk as well. Plenty of non football fans will not want the risk on LCC coffers. Looking at the terms on the SPV it says 40 years for the loan.
Everton get relegated or the tv deal suddenly drops in value. The council has a massive bill and has to cut into budgets like Education.
Think the Lib Dems are concerned with the deal.
Would not take that document too seriously with regards to figures.
Yarrgh
Player Valuation: £70m
Let's say 350 million via the council. Let's say it 'only' costs 500 million. How easy is it to get the remaining 150 million through financing? Some of that through naming rights, so let's say that drops it down to 120 million.
I guess that finance kicks in as the money from the council backed money runs out but needs arranging well in advance. Where's the equity to secure against? Everton the company already owe Moshiri 80 million or so. Would a new stadium increase Everton's worth on its own to act as guarantee against such a loan? Or will capital have to be found to pay part of the stadium (like a 10% deposit and 90% mortgage to cover the mortgage company against drops in house priced)?
Perversely enough, once we're half a billion in the hole, I think we're going to be ok. Too much money invested for us to fail.
If I were to guess at this, my finger in the air is 750 million for the stadium. Once we're in and the cash flows are all balanced then we see the end game of Moshiri's tenure. He will have left us better off if this comes to fruition. We shall see...
I guess that finance kicks in as the money from the council backed money runs out but needs arranging well in advance. Where's the equity to secure against? Everton the company already owe Moshiri 80 million or so. Would a new stadium increase Everton's worth on its own to act as guarantee against such a loan? Or will capital have to be found to pay part of the stadium (like a 10% deposit and 90% mortgage to cover the mortgage company against drops in house priced)?
Perversely enough, once we're half a billion in the hole, I think we're going to be ok. Too much money invested for us to fail.
If I were to guess at this, my finger in the air is 750 million for the stadium. Once we're in and the cash flows are all balanced then we see the end game of Moshiri's tenure. He will have left us better off if this comes to fruition. We shall see...