roydo
in memoriam - 1965-2024
It's a mortgage on a seat and you own it...but after, say, 25-30 years. The club doesn't get into debt by borrowing and paying interest. The downside is stadium revenue is reduced but that can be offset by increased commercial use of the facility. Stadia in North America have been paid for that way.
That could be one of a package of funding that doesn't include having to involve the local state. Naming rights is obviously another source
So in a nutshell, some supporters get into debt, and we rename Goodison?
And that is assuming enough want to mortgage themselves to a seat to fund a make over. My best guess would be 12.
Unless you are talking about that model for a new place at the Docks.