Woolly Blue
Player Valuation: £80m
A red meat ban will be the death of half time Scouse though.
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We don't need to do that. We can get a loan for the rest.Who would be pissed if we sold Stones and McCarthy, added that to the increased 35 mil a year for 3 years and paid for our own new stadium?
Calm down! Calm down!It's been more than a year since this thread started and absolutely nothing has happened except another failed stadium move. WHAT THE ACTUAL FEK IS WRONG WITH THIA BOARD????
We don't need to do that. We can get a loan for the rest.
We could easily get one for 7% at most (we have another loan at that figure) and if you look back at the numbers I calculated that would mean for 120m loan (200m stadium) it would work out around 11m a year over 20 years which would still give us between 7m to 20m extra profit a year even with repayments depending on if you believe the conservative guess of Esk or my more optimistic figures.But not at a very good interest rate thanks to the current board completely trashing the club's credit rating
We could easily get one for 7% at most (we have another loan at that figure) and if you look back at the numbers I calculated that would mean for 120m loan (200m stadium) it would work out around 11m a year over 20 years which would still give us between 7m to 20m extra profit a year even with repayments depending on if you believe the conservative guess of Esk or my more optimistic figures.
It can be secured on the stadium that will be built by using it. The same way as your house is the security for your mortgage. We also have over 100m in players, a deposit of 70m-80m and revenue currently of over 100m a year. I think we're a safe enough bet.We have 2 secured loans at 8.8% and 7.7%, the 8.8% was originally over 25 years, the 7.7% loan is repaid annually.
Any new long term loan (i) needs to be secured and (ii) would be priced similarly to our existing long term loan.
The £11 million figure is therefore inaccurate. How have you calculated the increase in revenues? I have already shown that revenues would probably only increase by a maximum of £15 million and realistically less.
More importantly the figure of £200 million seems low for the construction of a new stadium, and you've not explained where the £80 million comes from.
Finally building a stadium and then selling the club does not make us more attractive to buyers. The club should be sold and new owners then recapitalise the business and build.
You didn't show it would only go up by 15m, maybe you mean the corporate revenue alone but I'm not going over all that again. We would almost be able to pay off the loan repayments with just a decent naming rights deal.
What are the concert venue and conference facilities like in Liverpool these days? Is there room in the market for Goodison to make decent money from those?