New Everton Stadium

[mrb85]

http://www.bbc.co.uk/sport/0/football/21889864

The government is paying the majority for the Olympic stadium, west ham pay 15 million with 2 million each year for rent.

The deal is a total rip off for taxpayers

Nice to know Evertonians are paying for WHU to become more competitive against our own club!

 

[BlueThai]

I don,t see it, they would maxmise shareholder value with a ground in place at point of sale. We will end up with low cost cheap **** ground proposal with a shed load of debt on the back of it.

But they won't put the money into it and I doubt the share value will go up much.

They are already asking 3 times the share value for their shares anyway.

 

[BlueThai]

I've been thinking about this myself, we sold a lot of players and havnt reinvested the money, so could it be going towards a be stadium

Hahahahahahahahahahahahahaha

 

[toffee matt]

But they won't put the money into it and I doubt the share value will go up much.

They are already asking 3 times the share value for their shares anyway.

Which no serious investors will pay

 

[D410]

But they won't put the money into it and I doubt the share value will go up much.

They are already asking 3 times the share value for their shares anyway.

I know they will not put a cent into a stadia project becuase they would rather take out a 20 year loan with some cash down from the TV money etc to secure the loan. The club thus gets lumbered with debts for the next 20 yers etc.

I think it was a 20m outlay to buy the shares and they are looking for 150-160m which is a lot more than 3 x.

 

[BlueThai]

I know they will not put a cent into a stadia project becuase they would rather take out a 20 year loan with some cash down from the TV money etc to secure the loan. The club thus gets lumbered with debts for the next 20 yers etc.

I think it was a 20m outlay to buy the shares and they are looking for 150-160m which is a lot more than 3 x.

I was considering the total current share value, around £43 mnso yes arou

 

[BlueThai]

I was considering the total current share value, around £43 mnso yes arou

around 4 timesactual share value for all shares

 

[BlueThai]

Which no serious investors will pay

Agree

 

[Ara]

Everton are for sale for 100 mil, if ur an investor you need to spend another 100-209 mil for a stadium that's why we havnt been sold

 

[mglennon]

If we do get naming rights, I would only accept "HAFNIA" stadium

 

[Neiler]

Moving to a new stadium has to make financial sense.

£100m might sound cheap but it is £100m we don't have.

For it to make economic sense we need to generate £100m in either additional sales or savings over Goodison Park over the lifetime of the project.

£100m is likely to cost around £7m per year in borrowing costs.

Goodison currently generates circa £20m so a new stadium would have to a 50% rise in gate receipts to reach break even point on the borrowing costs alone (effectively we'd have to increase crowds and box use at the same time as increasing prices)

A football only stadium in somewhere like Walton Hall Park would be an economic disaster for the club. Any new stadium project needs to be in the city/docks and be used every day of the year.

I don't think so mate, in fact I think it would prob the first time I would be happy with the club taking on significant debt, it's a different type of debt we're not blowing it on players, it's a fixed asset that will likely last over 100 years, you said yourself Goodison makes 20 mill a year! the debt is unlikely to be short term and value is added to the balance sheet! I'm not anticipating a move to be straight forward, we couldn't sneeze toward the park to build the annexe with out a legal block, given we've sold of Goodison into the next decade!

 

[Stephen10]

The rumour is a 52,000 seater at Walton Hall Park

 

[paultheblue]

Nice to know Evertonians are paying for WHU to become more competitive against our own club!

Its a hell of a deal for West Ham though ,£15 million down,£2 million a year rent and a 99 year lease. No debt and a substantial transfer budget I would image Gold and Sullivan will weigh it in quite quickly as the money from the dirty books must of dried up by now and though they have to pay LLDC a percentage they will still clear a bundle for themselves.
You would think they would get rid of fat head before they open the new stadium as you wouldn't want a spanking new stadium with him sweating buckets on the touch line tell his players to launch the ball in the channels.
Good luck to West Ham there a good club with proper supporters.

 

[Loz]

We should sell the naming rights to Apple, Im sure they could help design something and have it linked in with google. Also talking about keeping costs down i thought that Tesco said that they would pretty much build our ground for us. Not quite sure what happened to that idea in the end

But then we would be nicknamed the Toffee Apples. Not so sure about that....

 

[johnnydawg68]

The rumour is a 52,000 seater at Walton Hall Park

Create an entire stadium with quality views, comfortable seating, easy access to and from and corporate and private boxes....combined with a winning side and we could fill that.

You can't think of a financing a new stadium as debt. It generates revenue to pay off the note.