New Everton Stadium

[sbbefc]

Because we wouldn't get relegated. We could keep the squad at a level to achieve mid-table with selling players and reinvesting.

It's not just the extra seats but if you read the report it's also the additional revenue we would get from the bars and restaurants included in the complex.

Think about how much money all the pubs etc do in and around Goodison on match day that the club sees no money from. We could be earning a cut from all of that. It's also the reason why redeveloping Goodison isn't an option.

A new stadium would more than pay for itself over the next decade. We just need to take a hit now to fund it rather than try and keep pace with the top 6 which we couldn't do anyway even with the extra sky money.

Easier said than done, and thats assuming all the other teams in the league are going to stand still too.

The fact is match day revenue is becoming less and less relevant with each new bumper tv deal. Building a new stadium is something this board will not take a risk on.

 

[marty mcfly]

Easier said than done, and thats assuming all the other teams in the league are going to stand still too.

The fact is match day revenue is becoming less and less relevant with each new bumper tv deal. Building a new stadium is something this board will not take a risk on.

Not really and let me explain although you won't like it. Our first team has 6 or 7 sell-able assists.

Rom, Barkley, Stones, McCarthy, Mirallas and Coleman. All of those players are still in the age window that would make them sell-able and also haven't just joined us within this window. Further down the line we also have Besic, Deulofeu and Cleverly who could become reasonably sell-able assets.

But lets take those first 6 players. They would if sold command a price of around 130m.

The combined cost of a team like Swansea would only be around 60m-80m. We could easily sell one of those players every season to strengthen positions to cover players either retiring or leaving on frees.

As fans it would suck because it would be 5 years or so of austerity but at the end we would have a new stadium and you never know by then the economics of premier league football could be totally different and we might be in a good position to take advantage.

Continue as we are and we will be scrapping it out for the 7th place trophy and in 5 years still be in Goodison and you never know if the new Sky money runs out out or is decreased which is likely we could also struggle to make our wage bill forcing us to sell those players at a discount because other teams would know our financial predicament.

That's the choice unless some sugar daddy buys the club which again is only really likely if we build a new stadium.

 

[The Esk]

Not really and let me explain although you won't like it. Our first team has 6 or 7 sell-able assists.

Rom, Barkley, Stones, McCarthy, Mirallas and Coleman. All of those players are still in the age window that would make them sell-able and also haven't just joined us within this window. Further down the line we also have Besic, Deulofeu and Cleverly who could become reasonably sell-able assets.

But lets take those first 6 players. They would if sold command a price of around 130m.

The combined cost of a team like Swansea would only be around 60m-80m. We could easily sell one of those players every season to strengthen positions to cover players either retiring or leaving on frees.

As fans it would suck because it would be 5 years or so of austerity but at the end we would have a new stadium and you never know by then the economics of premier league football could be totally different and we might be in a good position to take advantage.

Continue as we are and we will be scrapping it out for the 7th place trophy and in 5 years still be in Goodison and you never know if the new Sky money runs out out or is decreased which is likely we could also struggle to make our wage bill forcing us to sell those players at a discount because other teams would know our financial predicament.

That's the choice unless some sugar daddy buys the club which again is only really likely if we build a new stadium.

So let me get this right.

I own an old factory but it is full of the finest German machinery making precision goods.

I decide to buy a new factory because that's what everyone else has done. I do not have the cash so sell my German machinery and replace with cheaper Chinese machinery that cannot perform at the same level in order to part pay for a gleaming new factory. The rest of the cash is raised from loans.

Sensible strategy?

New factory, poorer product, poorer machines, bank debt.

Hmmmm.

 

[Azza]

Not really and let me explain although you won't like it. Our first team has 6 or 7 sell-able assists.

Rom, Barkley, Stones, McCarthy, Mirallas and Coleman. All of those players are still in the age window that would make them sell-able and also haven't just joined us within this window. Further down the line we also have Besic, Deulofeu and Cleverly who could become reasonably sell-able assets.

But lets take those first 6 players. They would if sold command a price of around 130m.

The combined cost of a team like Swansea would only be around 60m-80m. We could easily sell one of those players every season to strengthen positions to cover players either retiring or leaving on frees.

As fans it would suck because it would be 5 years or so of austerity but at the end we would have a new stadium and you never know by then the economics of premier league football could be totally different and we might be in a good position to take advantage.

Continue as we are and we will be scrapping it out for the 7th place trophy and in 5 years still be in Goodison and you never know if the new Sky money runs out out or is decreased which is likely we could also struggle to make our wage bill forcing us to sell those players at a discount because other teams would know our financial predicament.

That's the choice unless some sugar daddy buys the club which again is only really likely if we build a new stadium.

*looks at post time*


Definitely drunk.

 

[bizzaro]

So let me get this right.

I own an old factory but it is full of the finest German machinery making precision goods.

I decide to buy a new factory because that's what everyone else has done. I do not have the cash so sell my German machinery and replace with cheaper Chinese machinery that cannot perform at the same level in order to part pay for a gleaming new factory. The rest of the cash is raised from loans.

Sensible strategy?

New factory, poorer product, poorer machines, bank debt.

Hmmmm.

Goodison is not full of the finest though.

I know of a multi billion pound company that wouldn't consider Everton for hospitality events due to the poor state of the club facilities.

They ruled out Liverpool too for the same reason and opted for Manchester United.

Money lost to Everton.

 

[royalbalou]

So let me get this right.

I own an old factory but it is full of the finest German machinery making precision goods.

I decide to buy a new factory because that's what everyone else has done. I do not have the cash so sell my German machinery and replace with cheaper Chinese machinery that cannot perform at the same level in order to part pay for a gleaming new factory. The rest of the cash is raised from loans.

Sensible strategy?

New factory, poorer product, poorer machines, bank debt.

Hmmmm.

Everton haven't had a German tool at the club since Stefan Wessels

 

[blueboy1945]

So let me get this right.

I own an old factory but it is full of the finest German machinery making precision goods.

I decide to buy a new factory because that's what everyone else has done. I do not have the cash so sell my German machinery and replace with cheaper Chinese machinery that cannot perform at the same level in order to part pay for a gleaming new factory. The rest of the cash is raised from loans.

Sensible strategy?

New factory, poorer product, poorer machines, bank debt.

Hmmmm.

I like the example you have chosen but it's too simplistic and,as you know, the real world bears no relationship to the football world.

 

[bizzaro]

@the esk has described a business/club

Scared of institutional change


This means we're a dead club walking.

You either change the business model or you die.

As eventually all your competitors will out compete you if you're standing still

 

[marty mcfly]

So let me get this right.

I own an old factory but it is full of the finest German machinery making precision goods.

I decide to buy a new factory because that's what everyone else has done. I do not have the cash so sell my German machinery and replace with cheaper Chinese machinery that cannot perform at the same level in order to part pay for a gleaming new factory. The rest of the cash is raised from loans.

Sensible strategy?

New factory, poorer product, poorer machines, bank debt.

Hmmmm.

If the old factory gets a leak in the roof and the rain ruins all those machines they aren't much use then.

It's a stupid comparison and you know it. Goodison doesn't provide us the means to be able to afford a team capable of challenging the top 6 now with Liverpool Spurs and West Ham moving ahead of us due to their grounds. If we can't pay the wage bill of those top players we won't be able to keep or attract them. We need to build a stadium now when we have relative strength while we can when dropping down the league positions won't cause us to risk relegation because in 5 years we probably won't be able to.

 

[Dithering Dougie]

If the old factory gets a leak in the roof and the rain ruins all those machines they aren't much use then.

It's a stupid comparison and you know it. Goodison doesn't provide us the means to be able to afford a team capable of challenging the top 6 now with Liverpool Spurs and West Ham moving ahead of us due to their grounds. If we can't pay the wage bill of those top players we won't be able to keep or attract them. We need to build a stadium now when we have relative strength while we can when dropping down the league positions won't cause us to risk relegation because in 5 years we probably won't be able to.

What's happening in 5 years time that will prevent us from expanding?

 

[Foot Long Hot Dog]

If the old factory gets a leak in the roof and the rain ruins all those machines they aren't much use then.

It's a stupid comparison and you know it. Goodison doesn't provide us the means to be able to afford a team capable of challenging the top 6 now with Liverpool Spurs and West Ham moving ahead of us due to their grounds. If we can't pay the wage bill of those top players we won't be able to keep or attract them. We need to build a stadium now when we have relative strength while we can when dropping down the league positions won't cause us to risk relegation because in 5 years we probably won't be able to.

Yon need to sit down and look at the maths and then you might realise that you're talking absolute bobbins

 

[marty mcfly]

Yon need to sit down and look at the maths and then you might realise that you're talking absolute bobbins

What maths?

The ones you think are accurate? The ones I think are accurate?

It's all speculation but if you seriously think that a new 50K seater stadium, with hospitality i.e. restaurants and pubs for match day goers, a large increase in corporate boxes and facilities and up to a standard to be able to put on music events won't bring in a substantial increase in revenue then fair enough. Daniel Levy who we all think is a pretty decent business man obviously doesn't agree.

I think you are talking bobbins and I'll leave it to other people to decide for themselves.

 

[PhilM]

Do we need a new stadium? Yes I certainly believe so, as Goodison (as people rightly mention) is limited in numerous ways which inhibit the club.

For the general fan it is the limited attendance multiplied by the numerous obstructed views. Then there's the vital hospitality shortfall.

However the key issue is the affordability of the stadium within our current situation (without capital investment) versus the fiscal benefits.

Extra seats could (well should) bring extra revenue if they get the bums on seats. The hospitality aspects should certainly improve our revenue.

What the board will be asking is whether the extra revenue will balance out the burden of debt required by the club to fund the stadium?

It's all well and good saying the extra revenue will help us compete, but not if we're straddled with a debt that the stadium doesn't repay.

Simply saying an extra 10k seats and hospitality will generate x without factoring in y (how much it cost to make) is naive at best.

Look at Arsenal... they've came out much better in the end, however they had some tight times. Can we afford such a situation?

What @the esk is saying is that without some external capital, then stadium either may not be affordable, or not economically beneficial.

Really without investment then it almost appears that we are in somewhat of a Catch 22 situation...

Stay with the stadium and become stagnant, or build a stadium we cannot really afford on our own and lose out on playing staff.

 

[Foot Long Hot Dog]

What maths?

The ones you think are accurate? The ones I think are accurate?

It's all speculation but if you seriously think that a new 50K seater stadium, with hospitality i.e. restaurants and pubs for match day goers, a large increase in corporate boxes and facilities and up to a standard to be able to put on music events won't bring in a substantial increase in revenue then fair enough. Daniel Levy who we all think is a pretty decent business man obviously doesn't agree.

I think you are talking bobbins and I'll leave it to other people to decide for themselves.

Show your workings out then.

Educate me

 

[marty mcfly]

What's happening in 5 years time that will prevent us from expanding?

We might not be in as strong a position in the league which will hurt our ability to attract the next Stones, McCarthy, Besic, Deulofeu, Lukaku etc.

The Sky TV money may also run out.

Essentially we might not have either the assets within the team to liquidize or the additional revenue from TV. We might do but there's a real danger we might not.