New Everton Stadium

[Catfish Blues]

£100m project, funded by Everton, for the community it wants to continue serving.

It looks like a fantastic proposal but I struggle to see how Everton can afford 100m plus when we will have a huge loan to pay and at the same time attempt to become a top four team which will also require spending lots of money on players.... unless Usmanov has some other novel idea of how to invest money within the FFP rules.... will the development of this project be subject to FFP rules?

I doubt we'll be funding the project to the tune of 100 million.

We'll be managing the project, bringing in grant money for the community based stuff, and partnering with businesses or public bodies to organise anything which has a commercial value ( housing, retail etc ). That would follow, and build on the model currently used by EITC.

Waving a wet finger in the air, I'd guess of the 100 million, we'd likely be looking at directly funding a max of 10 to 15 million of that ourselves.

 

[Blueeyedboy]

I doubt we'll be funding the project to the tune of 100 million.

We'll be managing the project, bringing in grant money for the community based stuff, and partnering with businesses or public bodies to organise anything which has a commercial value ( housing, retail etc ). That would follow, and build on the model currently used by EITC.

Waving a wet finger in the air, I'd guess of the 100 million, we'd likely be looking at directly funding a max of 10 to 15 million of that ourselves.

from the Echo...

‘If planning permission is granted then it is likely to cost, in the region, of £100m to complete, with the money coming from the various development partners that will seek to work with Everton on this groundbreaking project. ‘

 

[royalblue66]

I am not sure where the money is coming from but it wont be off Usmanov
He does not want to sell his Arsenal shares
No one will buy them
Kronke wont buy them because he does not need them
Or so the Esk says

Well who are we to argue.

 

[Catfish Blues]

from the Echo...

‘If planning permission is granted then it is likely to cost, in the region, of £100m to complete, with the money coming from the various development partners that will seek to work with Everton on this groundbreaking project. ‘

Cheers mate

Which shows that sometimes it's worth reading the Echo ( which I didn't ), but in previous comms from the club they've talked about partnerships, so I wasn't exactly going out on a limb ! Plus a quick skim through EITC's annual reports would show people how a lot of things are currently funded, with most of the club's commitments being in kind.

 

[Toffeelover]

The last sentence in my post is the relevant bit
I know exactly what Usmanov done with his shares

Please enlighten us Mate, never mind Esk.

 

[Peely]

https://www.dailymail.co.uk/sport/f...aming-rights-deal-funded-Alisher-Usmanov.html

 

[mahermi1]

https://www.dailymail.co.uk/sport/f...aming-rights-deal-funded-Alisher-Usmanov.html

Ah the Premier league have actually found something more important than investigating Everton, how astute and thoughtfull of them to postpone our interrogation.

 

[mccole]

https://www.dailymail.co.uk/sport/f...aming-rights-deal-funded-Alisher-Usmanov.html

https://giphy.com/gifs/OqAeQrGmU7lS6tENnQ

 

[havrey0123]

https://www.dailymail.co.uk/sport/f...aming-rights-deal-funded-Alisher-Usmanov.html

So much for that investigation being a myth.
I guess it to stop teams like city doing it in the future

 

[The binman chronicles]

Ah the Premier league have actually found something more important than investigating Everton, how astute and thoughtfull of them to postpone our interrogation.

It wouldn't get given the publicity that the RS (sorry I meant the FA/PL) would want if it proceeded now. Too much other bad news would bury this.

 

[SpongeBob brown shoes]

It wouldn't get given the publicity that the RS (sorry I meant the FA/PL) would want if it proceeded now. Too much other bad news would bury this.

Yeah, I think the whole naming rights thing went completely under the radar anyway, there will be a lot of people who never even knew about it, just hope it passes the corrupt greedy bellends at the FA/PL, probably all want the their palms greasing

 

[GwladysBlue]

So much for that investigation being a myth.
I guess it to stop teams like city doing it in the future

They do it to every club. It is the Daily Mail looking to fill some space because there’s not much sport to talk about.

 

[catcherintherye]

So much for that investigation being a myth.
I guess it to stop teams like city doing it in the future

The club have refuted their was an investigation.

They had a look at it, and have understandably waved it through without any need to look closely. As we all said they would. It's fine. Expect the agreement of the actual sponsorship to be much higher. In the old system that would have been fine as well, in the post Covid 19 world it will be not even acknowledged.

 

[Del-boy]

Deffo going to get rejected that deal isn’t it. Terrified someone might disrupt the status quo.

 

[Darth Toffeeman]

So much for that investigation being a myth.
I guess it to stop teams like city doing it in the future

This will be the start of the end of FFP.
The leagues money men will want their gravy train to remain on the track.