New Everton Stadium

[roydo]

I agree - but the crux is the ownership of the club and their willingness to invest or sell to enable a new stadium to become a reality.

Making the assumption we would be the sole owners though here mate. If there was some shared ownership, with us as main tenants, a la West Ham ish, in a multi purpose stadium, a slightly different scenario could be painted. In my eternally optimistic world.

 

[Toffeelover]

Making the assumption we would be the sole owners though here mate. If there was some shared ownership, with us as main tenants, a la West Ham ish, in a multi purpose stadium, a slightly different scenario could be painted. In my eternally optimistic world.

I cannot see on Merseyside a shared ownership working. What other purposes could the stadium be put to?

 

[roydo]

I cannot see on Merseyside a shared ownership working. What other purposes could the stadium be put to?

Concerts, Musicals, Merican Football, Rugby, Exhibitions, Truck Fests, Internationals, (CL/EL/EC/WC), off the top of my head.

 

[The Esk]

Making the assumption we would be the sole owners though here mate. If there was some shared ownership, with us as main tenants, a la West Ham ish, in a multi purpose stadium, a slightly different scenario could be painted. In my eternally optimistic world.

Yes, that is the assumption. Most leasing models would incur similar costs to the debt costs I suggested, so whilst the risk would not sit on the Everton balance sheet, the financial benefits would still be marginal. Of course, if we could move into a brand new stadium (a la West Ham) then we should do so I agree.

 

[marty mcfly]

I've just written a news article for the site on funding for the new stadium:

https://www.grandoldteam.com/2015/0...ity-investment-new-stadium-highly-improbable/

The other point I would like to add. If we had 75m as a "deposit" it would bring the annual repayments down to 11m a year for a 200m total cost.

That makes the numbers more reasonable. Essentially giving us a net positive of around 8m for a 200m stadium.

 

[The Esk]

The other point I would like to add. If we had 75m as a "deposit" it would bring the annual repayments down to 11m a year for a 200m total cost.

That makes the numbers more reasonable. Essentially giving us a net positive of around 8m for a 200m stadium.

We don't have £75 million and I don't believe for a second we can build a 55,000 seater stadium for £200 million.

At the end of the day we can all come up with different figures but without a massive improvement in the balance sheet through investment in the club the stadium is not going to happen.

That's the reality, and the Board have to present their solutions.

 

[marty mcfly]

We don't have £75 million and I don't believe for a second we can build a 55,000 seater stadium for £200 million.

At the end of the day we can all come up with different figures but without a massive improvement in the balance sheet through investment in the club the stadium is not going to happen.

That's the reality, and the Board have to present their solutions.

Clubs in Germany have built stadiums for a lot less than 200m. I showed you a couple that cost 80m Euros.

Also concerts and food (minor I know but every little helps) etc could bring in easily another 5m-7m.

You are probably right but I would love to know where the extra 25m a year in TV money is going.

All that being said I think your basic point that we need investors is correct.

 

[Brennan]

We don't have £75 million and I don't believe for a second we can build a 55,000 seater stadium for £200 million.

At the end of the day we can all come up with different figures but without a massive improvement in the balance sheet through investment in the club the stadium is not going to happen.

That's the reality, and the Board have to present their solutions.

Not sure why. Bilbao's new stadium seats 53,000 and cost less than £140m.

 

[marty mcfly]

Not sure why. Bilbao's new stadium seats 53,000 and cost less than £140m.

It's lovely too.

 

[blueboy1945]

I've just written a news article for the site on funding for the new stadium:

https://www.grandoldteam.com/2015/0...ity-investment-new-stadium-highly-improbable/

Thanks for spelling it out in such an easily understandable way Mr Esk. It seems to me that the only way the club can be moved forward is by a sale to, probably, a consortium of wealthy fans and investors at sometime in the future. Whether it will all be too late to stop the inevitable decline by then remains to be seen. I'm absolutely certain that, as I reach my 3 score and 10 this year, it will not be in my lifetime.

 

[Brennan]

It's lovely too.

Lyon's new stadium is another example. 58,000 seats, stadium construction cost estimated at £200m.

 

[marty mcfly]

Thanks for spelling it out in such an easily understandable way Mr Esk. It seems to me that the only way the club can be moved forward is by a sale to, probably, a consortium of wealthy fans and investors at sometime in the future. Whether it will all be too late to stop the inevitable decline by then remains to be seen. I'm absolutely certain that, as I reach my 3 score and 10 this year, it will not be in my lifetime.

They would have to be very wealthy fans because they would need at least 600m to make it work. 200m for the stadium, 200m for the shares and 200m for the squad. Anything less isn't going to drastically change our fortunes in a world where one top player is worth 50m.

 

[blueboy1945]

Concerts, Musicals, Merican Football, Rugby, Exhibitions, Truck Fests, Internationals, (CL/EL/EC/WC), off the top of my head.

Got the Echo arena for all that and in a much better situation.

 

[marty mcfly]

Lyon's new stadium is another example. 58,000 seats, stadium construction cost estimated at £200m.

It makes you wonder how the clubs in these other leagues who have a fraction of our revenue can afford these stadiums. There's something wrong with our league.

We overpay for players and their wages and it all comes out of our sky subscription.

 

[marty mcfly]

Got the Echo arena for all that and in a much better situation.

We've gone over this before but the Echo arena can only hold 11,000. We're talking about big concerts holding 50K people. Each one brings in close to a million for the owner of the stadium so we wouldn't need to hold that many each year. It's a totally different segment of the market to the Echo.