blueboy1945
Player Valuation: £8m
The can will continue to be kicked down the street till it hits that great big brick wall at the end. It's what happens then that worries me.
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If a new stadium could be funded by the club using all resources available to it including equity and debt then I think a new stadium would be built or about to be built by now.
Unfortunately, it isn't viable, no financial institution will lend money on such a flimsy repayment schedule. It is impossible to predict what level of money will be in football in ten years, but the debt will still be there.
We need an injection of capital from outside the club.
One advantage of the ever increasing amounts of money coming into football is that more investors will look at the football industry as one worth investing in again. Unfirtunately this opportunity will bring investors that simply want to make money with no regard for the club and absolutely no regard for the supporters. We want investors, but we want the right ones.
The club should at this stage give a clear update of where it is regarding the new stadium. We had an ambiguous statement some weeks ago from Robert Elstone which preached caution but made the issue less clear if anything. I think the club owes the supporters that much respect at least.
Unfortunately, it isn't viable, no financial institution will lend money on such a flimsy repayment schedule. It is impossible to predict what level of money will be in football in ten years, but the debt will still be there.
We need an injection of capital from outside the club.
One advantage of the ever increasing amounts of money coming into football is that more investors will look at the football industry as one worth investing in again. Unfirtunately this opportunity will bring investors that simply want to make money with no regard for the club and absolutely no regard for the supporters. We want investors, but we want the right ones.
The club should at this stage give a clear update of where it is regarding the new stadium. We had an ambiguous statement some weeks ago from Robert Elstone which preached caution but made the issue less clear if anything. I think the club owes the supporters that much respect at least.
bourneblue
Player Valuation: £10m
Is this just a points scoring exercise for if and perhaps when planning permission for WHP is declined ?
I remember a similar scenario unfolding,with Kirkby and the counter proposal of the loop site.
Hmm.
I remember a similar scenario unfolding,with Kirkby and the counter proposal of the loop site.
Hmm.
marty mcfly
Player Valuation: £40m
Redevelopment isn't an option. It would require buying up the property and getting planning permission which is never going to happen.
So instead of at least 100m it would take 225m plus investment in the team. The investment in the team to get us into the top 4 would probably cost another 150m. Then it would take how much to get rid of Bill and the gang? 300m
All in all that's around 3/4 of a billion pounds for a team with a 50,000 seat stadium and a squad that can challenge for the Top 4 who also happen to be the "other" team in Liverpool.
I'm not surprised there's not any buyers.
It's a non-starter. The only people that would be interested in buying the club is someone who is looking to take money out of the club because getting us to a position where we can be sustainable in the top 4 will cost a fortune.
marty mcfly
Player Valuation: £40m
I think in the past we haven't been able to put down such a large deposit. That changes the risk assessment enormously.
Dymak
Player Valuation: £40m
Not sure if this is the best place to write this, but does anyone else question Sky's longevity with all these Kodi, XBMC, android options which will soon become mainstream imo? I know someone has got to broadcast the footage in order for it to be streamed in the first place, but will it be Sky once everyone finds out that you can watch it for free through streaming American television?
I know streams have been around for ages, but the quality from some soon to be mainstream media players is going to be top quality, and I think the Sky customers will soon catch on that they have an inferior product at more expense to themselves .
I know streams have been around for ages, but the quality from some soon to be mainstream media players is going to be top quality, and I think the Sky customers will soon catch on that they have an inferior product at more expense to themselves .
JordanianEmbassy
Player Valuation: £5m
This is getting very very weird now. It has been explained to you multiple times that buying up property isn't necessary for first and second stage redevelopments which give us everything a new stadium would give us in terms of capacity and corporate facilities.
[Poor language removed]. Then if it costs somewhere around £125m for the equity, the club needs to find someone with a quarter of a billion burning a hole in their pocket
The Esk
Player Valuation: £70m
At an absolute minimum yes.
New stadium and squad development could very easily push the figure to £500 million.
That seems quite unlikely. I think only Chelsea and City have managed to get that type of investment from an owner.
Any other ideas?
Dithering Dougie
Banned
Plus Utd, and the RS must be very close to the £500m mark.
United's owners have put zero in and taken out about half a billion to cover the cost of their leveraged buy-out. Liverpool's owners paid about £200m and took on a further £70m or so in debt. Any other money they've supplied has been in the form of interest-free loans
blueboy1945
Player Valuation: £8m
Dear me Mr Esk, that is so pessimistic. I'm in no way disagreeing with you as your business finance knowledge is far far better than mine.
It really looks,to me, that our lack of good business acumen in the early nineties has now condemned us to being perrenial also rans with nil prospects of any improvement stadium wise into the far distant future.
What concerns me the most, at present, as I mentioned in a previous post, is if GP fails to get a safety cert in the future does the whole pack of cards come tumbling down?
The Esk
Player Valuation: £70m
Correct, the capital required is so large as a direct result of 20 years of poor decision making and no investment.
marty mcfly
Player Valuation: £40m
It's certainly a huge risk to their business model which in turn will effect the whole game of football. It's already happened to music, dvd movies, tv shows etc
It's another reason why we need to build the stadium now while we can.