Abraders
Player Valuation: £60m
Usm Power Palace StadiaWelcone to the Uncle Usmi Everton Palace Stadium.....
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.
Usm Power Palace StadiaWelcone to the Uncle Usmi Everton Palace Stadium.....
IIRC debt was being reduced in the latter period of Kenwright's tenure as new tv money was coming in. Yes we had the long term debt with the Prudential, but that was being serviced at a more favourable interest rate than before (since 'cleared' by Moshiri who the club now owe that debt to).The difference is that year on year that debt would grow as the out goings were greater than the income that was coming in, until the point the bank ended up calling it in. The club are doing in effect what I do, each year I get paid a bonus in September (look at this as the TV money), I know that if I want something desperately I can put it on a credit card (*temporary Chinese overdraft) safe in the knowledge I can then pay it off when I get paid. Simples.
The only risk that's been taken since Moshiri came was when he handed over the club's once-in-a-generation treasure trove of cash from mammoth player sales to an imbecile.If risks have to be taken, then take them, if an investor has to come in to support Moshiri, even a Russian oligarch, then so be it.
It isn't as if the game is exactly pristine clean as it is.
How can spurs get away with playing in 2 home stadiums in 1 season? Hardly fair on the other clubs. Musta been a serious brown envelope handed over somewhere
The buzz will definitely attract new fans and if success comes they will stay. The population is falling it was >8000, 000 in the 30's and has fallen every decade since so dunno how that helps us, a falling population.
Allardyce gravy brown!
Actually (surprisingly) there is no rule about having one stadium all season (despite what Scudamore has said), only a rule that a change of venue needs to have league approval. If a club fancied moving to a bigger stadium nearby to sell more tickets for one or two fixtures, that obviously wouldn't be approved.
Clearly, though, this is a really unusual circumstance, so the change of venue has been allowed. There are at least half a dozen clubs in the PL who are looking at expansions or new stadiums (obvs including Everton!!) who would NOT want to set a precedent that overrunning construction means you have to wait a year before you can play in a stadium. It's a bit of common sense. As for brown envelopes, we're paying the FA a nice amount of rent and this contingency has been in place for a while - it would've been really negligent if it wasn't. I don't know what colour envelope the rental cheque was posted in.
So its not going up is it ?The population of the City of Liverpool has been increasing for the first time since WW2 in the last 15 years or so. That said, the depopulation of Liverpool (as with any other core British city) was more to do with the population in the surrounding areas increasing as much as the core population declining. Despite popular myth, not everybody emigrated to Canada and Australia in the 1960's. The population of Merseyside has been fairly constant over the last 80 odd years.
Funding is likely to be a major issue, but constructing a big stadium on the edge of the Mersey is undoubtedly going to present major engineering headaches.It would be naive to think otherwise.
We keep hearing from the architect about the challenges a complicated project like this creates. I don't think he's not talking about the funding.
So its not going up is it ?
The club's transfer activity is on the basis of stretching its credit facilities with Santander and the Industrial and Commercial Bank of China.
Our "accountant" is basically going mad maxing out the card around town. You have faith in that?
Get that monorail built already.
Yes. The population of the City of Liverpool is going up. I was making the point that the depopulation of the core city area was off set in the 50's, 60's 70's etc by more people living in the periphery.
The only risk that's been taken since Moshiri came was when he handed over the club's once-in-a-generation treasure trove of cash from mammoth player sales to an imbecile.