New Everton Stadium

[marty mcfly]

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

Of course we couldn't charge what they do but we could fill them at a lower price. The same way they charge £1000 for a season ticket and we charge half that.

As I explained I was talking relatively. If they see 50% of their revenue from corporate boxes there's no reason we can't which means a jump from 19m currently to 45m and then up to 50m with naming rights.

 

[sageyefc]

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.

If the kids from the academy are good enough it wont take long for them to ask for a fat new contract.


If we dont offer new players the going rate then they will go to another team simple as that and we wont make any signings.


Wage bill has to stay at a certain level so we can compete. Studies have shown your wage bill translates into league placing give or take 1 or 2 places either side, barring a one of season

 

[bizzaro]

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.

Don't make it sound too easy for the board

Theyve not been able to so much as get a shed up in the car park or in three stadium attempts

 

[marty mcfly]

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.

But we don't need to. So what if we're not competing for the 7th place trophy for the next 5 years and instead are competing for the 9th place trophy. Big deal.

 

[marty mcfly]

If the kids from the academy are good enough it wont take long for them to ask for a fat new contract.


If we dont offer new players the going rate then they will go to another team simple as that and we wont make any signings.


Wage bill has to stay at a certain level so we can compete. Studies have shown your wage bill translates into league placing give or take 1 or 2 places either side, barring a one of season

We're talking 5 years. Most will be signed up to contracts that long. If a kid is good enough they will ask for one contract extension in that time.

We don't need to sign many new players. We have a squad that needs little investment over the next 5 years. The ones we do will be paid for the ones that do leave wanting highers salaries. Arsenal managed it without falling out of the top 4. I think we can manage it without falling below 10th.

 

[The Esk]

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-50m 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.

What? If half the additional income you mention came from corporate entertainment/hospitality we would have to sell 150 boxes per game at £4,500 each

Let's say each box holds 15 people, so thats £300 per person per game

Liverpool estimate that they will generate £225 per person in their corporate entertainment/hospitality seats.

Your figures do not add up I am sorry to say.

 

[sageyefc]

We're talking 5 years. Most will be signed up to contracts that long. If a kid is good enough they will ask for one contract extension in that time.

They'll ask for higher wages no doubt

 

[marty mcfly]

Don't make it sound too easy for the board

Theyve not been able to so much as get a shed up in the car park or in three stadium attempts

The board are muppets. I don't understand why one of them hasn't before now loaned the money to the club and taken his 7% interest over the next 20 years. That would have made him over £100m. It's not like there hasn't been many better investments since the financial crisis hit.

 

[Chang Elephant]

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

Sorry mate, but you voted yes in a poll which stated that you were happy with the board. That in itself is evidence of some malfunctioning in the analytical department. I like your enthusiasm but have to tell you there is absolutely no possibility that this board has the vision, technical capability or most importantly finance to deliver on a new stadium.

 

[marty mcfly]

What? If half the additional income you mention came from corporate entertainment/hospitality we would have to sell 150 boxes per game at £4,500 each

Let's say each box holds 15 people, so thats £300 per person per game

Liverpool estimate that they will generate £225 per person in their corporate entertainment/hospitality seats.

Your figures do not add up I am sorry to say.

Obviously all of this hasn't exactly been worked out to that kind of detail. Ticket prices could go up. Better sponsorship deals could be made. Non-match day revenue could increase.

Even assuming your figures that still makes us an additional 7.5m-12.5m a year extra taking into account the repayments without all of that above.

It's not going to put us in the bracket of Chelsea and City but it would make us look far more attractive to an outside buyer and more importantly we wouldn't be going backwards. In 20 years the stadium would be paid for or we could even remortgage in future if we needed to spend on the team.

 

[marty mcfly]

Sorry mate, but you voted yes in a poll which stated that you were happy with the board. That in itself is evidence of some malfunctioning in the analytical department. I like your enthusiasm but have to tell you there is absolutely no possibility that this board has the vision, technical capability or most importantly finance to deliver on a new stadium.

I explained that it wasn't as easy as a yes/no question. There are far worse boards than ours.

 

[marty mcfly]

They'll ask for higher wages no doubt

Stop it with the wage argument. It makes no sense when we're going to be shifting 30% of our squad who also happen to be the highest earners of the wage bill over the next 2 or 3 years.

 

[The Esk]

Obviously all of this hasn't exactly been worked out to that kind of detail. Ticket prices could go up. Better sponsorship deals could be made. Non-match day revenue could increase.

Even assuming your figures that still makes us an additional 7.5m-12.5m a year extra taking into account the repayments without all of that above.

It's not going to put us in the bracket of Chelsea and City but it would make us look far more attractive to an outside buyer and more importantly we wouldn't be going backwards. In 20 years the stadium would be paid for or we could even remortgage in future if we needed to spend on the team.

You are forgetting we have already mortgaged all our assets and income flows.

We do not have spare capital to put down as a "deposit", any investment currently would have to be funded by debt.

Who is going to offer an unsecured loan to Everton at 7%?

We have 2 secured loans at 7.7% and 8.8% already.

 

[marty mcfly]

You are forgetting we have already mortgaged all our assets and income flows.

We do not have spare capital to put down as a "deposit", any investment currently would have to be funded by debt.

Who is going to offer an unsecured loan to Everton at 7%?

We have 2 secured loans at 7.7% and 8.8% already.

The 70m-80m deposit would come from the additional 25m a year we're getting from the TV deal. That size of deposit would allow us to get the loan for 120m over 20 years.

 

[Hellerad]

What? If half the additional income you mention came from corporate entertainment/hospitality we would have to sell 150 boxes per game at £4,500 each

Let's say each box holds 15 people, so thats £300 per person per game

Liverpool estimate that they will generate £225 per person in their corporate entertainment/hospitality seats.

Your figures do not add up I am sorry to say.

Exactly.