bizzaro
LOVE GOT JUST THE WAY IT IS #ALWNV
Previous reports of their demise.
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Previous reports of their demise.
TBH -I would like to see us have a top team before a new stadia no good having a new 55, 000 new stadia when only 40, 000 will attend!
Without a major big buyer we will no see a new stadia in BK time imo!
Horse before the cart job imo! If we have no major backer?
Without a major big buyer we will no see a new stadia in BK time imo!
Horse before the cart job imo! If we have no major backer?
bizzaro
LOVE GOT JUST THE WAY IT IS #ALWNV
You don't get and maintain a top team without being able to afford it.
Its also nonsense to say that given that last year the availability of tickets was atrocious due to so many STs being sold.
Only obstructed seats available most of the time.
Pat's Van
Player Valuation: £70m
by who?
marty mcfly
Player Valuation: £40m
If the stadium can't be filled at the current ticket price which I doubt anyway but if that's the case then they can always lower the ticket price. It would still bring in the extra corporate revenue and have potential to grow by increasing prices along with the team. Man City have the cheapest ticket prices in the country for this reason. Not believing we can fill it really isn't a valid reason.
Believing we have a backer to fund a new stadia is also another major factor!
Chang Elephant
Forum God
The Esk
Player Valuation: £70m
A re-vamped Goodison Park needs new investment or owners to make any sense. (The assumption being that redevelopment is possible from an engineering/architectural perspective.)
Without new owners, or significant capital investment from the existing owners a re-vamped Goodison does not make any commercial sense
Let’s say a redeveloped Goodison costs £150 million – I know £100 million has been mentioned but there are not many examples of stadia coming in at budget.
Firstly let’s look at the potential additional revenues a 55,000 seat Goodison would raise.
I’m assuming an average attendance of 50,000, so an increase of 11,000 on current attendances @ £40 per head
I’m also going to assume that we have 30 extra boxes, that these are filled every game and generate £3,300 in revenue per box per game.
Total additional revenue raised = £10.26 million
If new owners or the existing owners were to invest £150 million into the club then there’s a case for redeveloping.
However if that was not to happen then there’s no case for redevelopment.
Let’s run two scenarios – one where by some element of good fortune £50 million is contributed by naming rights, public subsidy, or partial investment from the Board/shareholders, and secondly where the costs have to be met by debt alone.
Scenario 1
Subsidy or capital raise of £50 million
£100 million of debt
Interest rate 8.25%
Term 30 years
Annual repayment: £9,000,000
Net increase in revenues £1.26 million
Scenario 2
£150 million of debt
Interest rate 8.25%
Term 30 years
Annual repayment: £11,250,000
Net decrease in revenues: £ 1 million
Without new owners, or significant capital investment from the existing owners a re-vamped Goodison does not make any commercial sense
Let’s say a redeveloped Goodison costs £150 million – I know £100 million has been mentioned but there are not many examples of stadia coming in at budget.
Firstly let’s look at the potential additional revenues a 55,000 seat Goodison would raise.
I’m assuming an average attendance of 50,000, so an increase of 11,000 on current attendances @ £40 per head
I’m also going to assume that we have 30 extra boxes, that these are filled every game and generate £3,300 in revenue per box per game.
Total additional revenue raised = £10.26 million
If new owners or the existing owners were to invest £150 million into the club then there’s a case for redeveloping.
However if that was not to happen then there’s no case for redevelopment.
Let’s run two scenarios – one where by some element of good fortune £50 million is contributed by naming rights, public subsidy, or partial investment from the Board/shareholders, and secondly where the costs have to be met by debt alone.
Scenario 1
Subsidy or capital raise of £50 million
£100 million of debt
Interest rate 8.25%
Term 30 years
Annual repayment: £9,000,000
Net increase in revenues £1.26 million
Scenario 2
£150 million of debt
Interest rate 8.25%
Term 30 years
Annual repayment: £11,250,000
Net decrease in revenues: £ 1 million
Aar_the_Toffees
Player Valuation: £10m
But we attract potential investors do we not? And the sky deals should be improving which means that debt won't be too much to pay off.
The Esk
Player Valuation: £70m
I'm not sure us becoming heavily indebted with a marginal increase in income makes us more attractive to buy.
Secondly even greater Sky/broadcasting revenues makes the marginal improvement in our revenues even less relevent.
Without serious capital investment either from new owners, existing owners or a combination of both it is a complete red herring.
Chang Elephant
Forum God
Agreed, the roadblock to progress is the collection of world class Evertonians on our absentee board
sageyefc
Player Valuation: £90m
Its a catch 22 situation, we need to newer bigger stadium long term yet the shortfall we need to find for the repayments most likely will come directly out of our operating budget which could make us even less competitive for many years.
1966efc
Player Valuation: £20m
Haven't bothered looking up the entire history of Everton average attendances but since 27 / 28 average attendance has been at or near 50, 000 on only three occasions: 62 / 63, 63 / 64 and 69 / 70. Can't really see where the confidence about filling a new or redeveloped ground is coming from.
Garymc2412
Player Valuation: £1.5m
So the Esk
Why r the redshite doing it how r they getting more than 1 million a year more
For what they r investing please explain
Why r the redshite doing it how r they getting more than 1 million a year more
For what they r investing please explain