New Everton Stadium

[The Esk]

Without a new stadium there's no chance of even staying were we are. Once the stadium is built the additional revenue would cover the repayments and still leave more money if we spread the loan out over decades. Think of it like a mortgage on your house and the TV money is the deposit.

Mate with respect you are totally wrong. I have already demonstrated that even if Everton borrowed money over 30 years it would make no difference to the clubs cash position +/- £1 million per annum (based on an average attendance of 50,000 and 30 executive boxes sold out every game)

Without an injection of capital we will go backwards. The stadium and our commercial performance are red herrings.

 

[sageyefc]

Without a new stadium there's no chance of even staying were we are. Once the stadium is built the additional revenue would cover the repayments and still leave more money if we spread the loan out over decades. Think of it like a mortgage on your house and the TV money is the deposit.

An extra 10-15000 seats wont cover the repayments for a 200 + million stadium

 

[marty mcfly]

That's the one mate cheers. @Adversus have a read of this to see how purchasing houses isn't easy and how the Kopites used a lot of underhand tactics to purchase the properties to get to where they are today.

Is it possible to move the school and purchase houses? Of course it is. But it can be a long process and not something where you can throw 60-70k at someone and say "well we think this is what your house is worth and we would like to buy it". A lot of folk are probably happy where they are.

The school I think would be a damn sight easier to move than trying to purchase 40-60 houses ( if indeed that's what we would need to do ).

Of course, any fool knows that. It's complete pie in the sky idea.

 

[marty mcfly]

Of course mate, every club does it but there's ways and means. The RS were purchasing as many as possible on specific roads until there were just a handful of folk left living in derelict streets. I still own a house not far from there and I can tell you, walking through that section you would think you were in a war torn country. They pulled the absolute life out of that area and I would like to think we would ( if we done similar ) would do it with a bit more class and respect, 2 words that lot have not and never will understand.

Unfortunately that would cost a lot more money. Something we don't have.

 

[marty mcfly]

Standard inflation see the wage bill increase, plus we'll have to replace the ageing players with new players who'll be on big money

Sorry I never realized football contracts worked like that? I thought we made them an offer and it was up to them to decide if they wanted to take it. If not we sell and buy someone who is.

New players would not be on big money. If they come from the academy which hopefully there's currently there's as many as 4 might then they would cost peanuts compared to what the likes of Pienaar and Osman are on.

 

[Toffeelover]

Of course, any fool knows that. It's complete pie in the sky idea.

Have to agree, where is the money coming from even if the club could wish to acquire the nearby property to expand. Esk was quite correct about the money position, the club needs a fairy godmother.

 

[marty mcfly]

An extra 10-15000 seats wont cover the repayments for a 200 + million stadium

No but the corporate revenue will and more. It's not about ticket sales. In today's football you should be making 50% of your match day revenue from corporate seats. We currently make sweet [Poor language removed] all.

 

[Toffeelover]

No but the corporate revenue will and more. It's not about ticket sales. In today's football you should be making 50% of your match day revenue from corporate seats. We currently make sweet [Poor language removed] all.

The ground as it stands is unsuited to increase those boxes.

 

[Dymak]

Of course, any fool knows that. It's complete pie in the sky idea.

So is that WHP project. It won't happen, which is a good thing, because what you are suggesting would harm the wellbeing of EFC.

 

[Moomin]

Why exactly is that?

We have about 30% of the squad that are mostly backups that are going to leave due to their age. Due to their age they're also some of the highest earners. These players are mostly going to be replaced by kids.

Agents do a very good job in getting the best possible deal for their clients, if we are not willing to pay the going rate someone else will.

As with all the previous TV deals, the majority ends up in the players and agents pockets.

 

[Stutheblue]

Have to agree, where is the money coming from even if the club could wish to acquire the nearby property to expand. Esk was quite correct about the money position, the club needs a fairy godmother.

Its a sorry state if affairs really. Spurs look to be kicking on and West Ham granted a new stadium. We're treading water at the moment no doubts.

 

[marty mcfly]

Mate with respect you are totally wrong. I have already demonstrated that even if Everton borrowed money over 30 years it would make no difference to the clubs cash position +/- £1 million per annum (based on an average attendance of 50,000 and 30 executive boxes sold out every game)

Without an injection of capital we will go backwards. The stadium and our commercial performance are red herrings.

And why would we have 30 executive boxes in a new stadium. Arsenal have 152 and make almost as much from corporate revenue as tickets. If we did similar that's a jump of well over 100% every game to what we currently get. That means we would go from 19.3m to approx 45m a year. Then there's the naming rights which would probably bring in an additional 2m-5m. Then I'm sure we could use the stadium for other purposes like music etc.

All in all a figure of an additional 30m a year probably isn't too far off. If we used 80m of TV money and we got a loan for 120m over 20 years at 7% this would lead to a yearly repayment of around 11m a year.

That's a conservative estimate of an additional 15m-20m a year to go on strengthening the team.

A team that has a 200m stadium built and will be paid off in 20 years for the next generation of blues.

 

[sageyefc]

And why would we have 30 executive boxes in a new stadium. Arsenal have 152 and make almost as much from corporate revenue as tickets. If we did similar that's a jump of well over 100% every game to what we currently get. That means we would go from 19.3m to approx 45m a year. Then there's the naming rights which would probably bring in an additional 2m-5m. Then I'm sure we could use the stadium for other purposes like music etc.

All in all a figure of an additional 30m a year probably isn't too far off. If we used 80m of TV money and we got a loan for 120m over 20 years at 7% this would lead to a yearly repayment of around 11m a year.

That's a conservative estimate of an additional 15m-20m a year to go on strengthening the team.

A team that has a 200m stadium built and will be paid off in 20 years for the next generation of blues.

Why on earth are you comparing us to arsenal.

They have 152 boxes because the demand for them is there, plus have you seen the price of there boxes, no way on earth could we charge or would we get what they do

 

[marty mcfly]

Agents do a very good job in getting the best possible deal for their clients, if we are not willing to pay the going rate someone else will.

As with all the previous TV deals, the majority ends up in the players and agents pockets.

We already pay over what a mid table team pay in wages.

 

[Moomin]

We already pay over what a mid table team pay in wages.

Unfortunately, if we want to keep up with our peers we have to pay the going rate.

Just have to look at the accounts and see from the previous years, wages have gone up and they will continue to go up not down.