Yep, we can always rely on Elstone to play down any positivity with his usual crap about having a great idea, but we need someone willing to pay for the idea as it's not their fault that they can't pay for it.
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Yep, we can always rely on Elstone to play down any positivity with his usual crap about having a great idea, but we need someone willing to pay for the idea as it's not their fault that they can't pay for it.
Dithering Dougie
Banned
We are in a far stronger position financially, like I said read through the other thread for proof.
Also every club building a new stadium will require enabling partners and sponsorship, the RS are considering sponsors for just one new stand.
The Esk
Player Valuation: £70m
Whilst I agree mate, the club is in a better financial position than it was in 2009, it is not in any position to build a new stadium without significant equity investment from either the existing owners, new investors, or new ownership.
I put a fairly optimistic scenario (in terms of attendances, new corporate clients, naming rights and reduced running costs) and a stadium built on debt is not viable even if we could find the initial capital or a funding partner.
https://www.grandoldteam.com/2015/0...ity-investment-new-stadium-highly-improbable/
If we received the investment in the form of equity not debt then the stadium is viable, without it, it isn't.
Yes you want to be stood at the back of the holt end in the old days when the players looked like the size of Subuteo players!Bloody good views them mate, on each one you can see a bit of the goal.
No pleasing some people.
Dithering Dougie
Banned
Surely this is the same for any big club and not just exclusive to Everton?
roydo
in memoriam - 1965-2024
Yeah, but every other club has had one of the 3 happen.
The Esk
Player Valuation: £70m
Yes, it is, the issue with Everton though is not the stadium itself, it is the funding of the stadium be it through equity or debt and the likelihood of getting external support.
With the notable exception of Arsenal all major stadium builds in the Premiership have received significant external assistance either from local authorities, development agencies, Government or been gifted a stadium as with Manchester City and West Ham United. Arsenal were able to go alone as they had the development potential of Highbury to borrow against. Even for a club with revenues such as Arsenal it was touch and go and required a major restructuring of their finances.
Dithering Dougie
Banned
That was my initial point to @MickA who said its the same old rhetoric. It's a fact that no just Everton but every club building a new stadium would require outside help and sponsorship to facilitate a new ground, or as in Liverpools case a major ground redevelopment.
Chang Elephant
Forum God
The wrestling thread has more relevance to the future of EFC than this excellent debate
MickA
Player Valuation: £10m
There's a major difference. EFC have never shown proof that they could finance their part of the deal for any stadium project. Yes, outside help and sponsorship are important as everywhere else of course, but only as part of a finance package. Elstone's pitch is hollow and tired, we lack the skillset, vision and finance to deliver a new build.
JordanianEmbassy
Player Valuation: £5m
Nope just reports from the recent shareholders association meeting. Apparently the design is even more basic than Kirkby.
That is some going to make a more basic design than the concrete jungle of desperation Kirkby.
Bluesnapper
Player Valuation: £8m
If thats the plan then its a good thing it isnt going ahead.
The Esk
Player Valuation: £70m
Which reports were they mate? The official minutes did not mention anything.