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New Everton Stadium

mythbuster said:
You'd have a point if revenue hadn't significantly increased without player sales. Not that I'm giving the board any credit for that...
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Which means the extra tv revenue has gone on paying that 30m debt instead, completely using up all extra revenue.

Now factor in all the costs for both the finch farm development and the money they've stated had already been spent on new stadia matters, theirs only one source for that to come out of, so that's by by war-chest mate.

effectively we have sold players to make the club more attractive to a new owner and to increase the value of it for the shareholders, whilst at the same time we aren't actually looking for a new owner, only an investor

We will not add any big signing on a perm this summer unless we sell a big name.
 
bluestevon said:
Which means the extra tv revenue has gone on paying that 30m debt instead, completely using up all extra revenue.

Now factor in all the costs for both the finch farm development and the money they've stated had already been spent on new stadia matters, theirs only one source for that to come out of, so that's by by war-chest mate.

effectively we have sold players to make the club more attractive to a new owner and to increase the value of it for the shareholders, whilst at the same time we aren't actually looking for a new owner, only an investor

We will not add any big signing on a perm this summer unless we sell a big name.
Click to expand...

Not sure the debt has shrunk by £30 million. Haven't seen any accts. or figures to suggest it has. I'd be very surprised if it has, as the debt was only around the £40 million mark, I believe.

Even if we have reduced it by that much though, we'll be saving a fortune on interest, over a number of years.
 
bluestevon said:
Which means the extra tv revenue has gone on paying that 30m debt instead, completely using up all extra revenue.

Now factor in all the costs for both the finch farm development and the money they've stated had already been spent on new stadia matters, theirs only one source for that to come out of, so that's by by war-chest mate.

effectively we have sold players to make the club more attractive to a new owner and to increase the value of it for the shareholders, whilst at the same time we aren't actually looking for a new owner, only an investor

We will not add any big signing on a perm this summer unless we sell a big name.
Click to expand...

I'm not a fan of the current regime by any stretch of the imagination, but using the money from player sales to reduce debt in the short-term doesn't necessarily mean that money won't be reinvested - we could feasibly take on more debt in the summer but at a lower interest rate.
 
Mrk said:
I'm not a fan of the current regime by any stretch of the imagination, but using the money from player sales to reduce debt in the short-term doesn't necessarily mean that money won't be reinvested - we could feasibly take on more debt in the summer but at a lower interest rate.
Click to expand...

With this board mate it'll be another high interest off shore loan deal at ridiculous rates
 

I don't believe we are paying off any big part of our debts. If there is any change, hopefully we can live now without all these Vibrac and similar loans. It is not the worst thing to have a debt, if you have a good loan with a decent interest rates, then it is way better to pay off it slowly than to make an early repayment and pay some extra fees. There are good type of debts and really bad debts. We are on the better side now I believe and we won't have to loan every year money until we get money from Sky in the end of the season. I don't see any problem why we can't just pay off our debt with a loan to Barclays with acceptable interest rates.

Hopefully all our money from sales and increased TV revenue will go into transfer fees of new players, increased wage bill and investments into Finch Farm/preparations for new stadium. The good thing is, that thankfully to that increased TV revenue, we will have money to spend on new players in every summer, at least £15M for transfer fees/extra wages, will be even more if we will get into Europe, will be less if we invest money into facilities/stadium. But this coming summer should be special, there is every chance we have something like
£40M for new players, we can defintely expect that from these grafs with projected profits of this/next season from Elstone. If not, then serious questions need to be asked...
 
toffee matt said:
We have no demand for anything above 50,000 imo, we've only sold out 9 out of 19 home game's this season and last season we sold out just 3 home games
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For me, the best thing to do would be to build a 45-47k seater stadium with the ability to be increased to 50-55k if and when the demand is there.
 
mythbuster said:
Not sure the debt has shrunk by £30 million. Haven't seen any accts. or figures to suggest it has. I'd be very surprised if it has, as the debt was only around the £40 million mark, I believe.

Even if we have reduced it by that much though, we'll be saving a fortune on interest, over a number of years.
Click to expand...


From the Guardian tomorrow mate in an obvious leaked from the club deal

Everton also projected a healthier financial position at the general meeting, largely on the back of the new record-breaking broadcasting deal. Unaudited figures for the current financial year forecast a turnover of £117m compared to £86m in 2012/13, with wages falling to 55% of turnover compared to a Premier League average of 72%, and predict that net liabilities will drop from £42.7m in 2012/13 to £12.9m in 2013/14.


So basically the player sales in the summer and Jan have gone to pay off the debt mate, other operating costs rose by 6m, costs for finch farm plans they have already outlined and any additional costs on the new stadium imaginary project, basically Martinez will be lucky if he see a net spend of 6=7m this season
 
Zaschrona said:
I don't believe we are paying off any big part of our debts. If there is any change, hopefully we can live now without all these Vibrac and similar loans. It is not the worst thing to have a debt, if you have a good loan with a decent interest rates, then it is way better to pay off it slowly than to make an early repayment and pay some extra fees. There are good type of debts and really bad debts. We are on the better side now I believe and we won't have to loan every year money until we get money from Sky in the end of the season. I don't see any problem why we can't just pay off our debt with a loan to Barclays with acceptable interest rates.

Hopefully all our money from sales and increased TV revenue will go into transfer fees of new players, increased wage bill and investments into Finch Farm/preparations for new stadium. The good thing is, that thankfully to that increased TV revenue, we will have money to spend on new players in every summer, at least £15M for transfer fees/extra wages, will be even more if we will get into Europe, will be less if we invest money into facilities/stadium. But this coming summer should be special, there is every chance we have something like
£40M for new players, we can defintely expect that from these grafs with projected profits of this/next season from Elstone. If not, then serious questions need to be asked...
Click to expand...

Already been stated by Martinez last month that they don't plan to use the extra TV deal money in any substantial way to buy players mate when he outlined the finch farm plans etc
 

The thing I didn't like in the quotes from Elstone was the reference to us being "tenants" in the proposed new stadium. This would mean we are paying rent and when the ground is used on non match days we don't get the revenue, someone else does. I'm not sure how this makes us a better investment prospect?

Also look at what has happened in the past to clubs without a stadium, like Wimbledon and more recently Coventry.

Imagine if we moved to a new stadium, fell out with the owners of the stadium and end up ground sharing with Tranmere or Widnes Vikings!
 
bluestevon said:
Already been stated by Martinez last month that they don't plan to use the extra TV deal money in any substantial way to buy players mate when he outlined the finch farm plans etc
Click to expand...
I don't believe we are going to use all these money to just pay off our debts. It seems way more like a tactic to announce to the world 'we don't have money, give us your player for nothing'.
 
bluestevon said:
From the Guardian tomorrow mate in an obvious leaked from the club deal

Everton also projected a healthier financial position at the general meeting, largely on the back of the new record-breaking broadcasting deal. Unaudited figures for the current financial year forecast a turnover of £117m compared to £86m in 2012/13, with wages falling to 55% of turnover compared to a Premier League average of 72%, and predict that net liabilities will drop from £42.7m in 2012/13 to £12.9m in 2013/14.


So basically the player sales in the summer and Jan have gone to pay off the debt mate, other operating costs rose by 6m, costs for finch farm plans they have already outlined and any additional costs on the new stadium imaginary project, basically Martinez will be lucky if he see a net spend of 6=7m this season
Click to expand...

Wages have dropped to 55% of turnover, a 20% reduction. If we have indeed reduced debt by that figure, then I don't think the finances are as bad as you're projecting mate.

I remember when this new tv deal came about. The general consensus was that it would do us no good, as it would just result in increased transfer fees and wages. I had a different view, as I knew all along that our debt was on fixed terms.
 
bluestevon said:
From the Guardian tomorrow mate in an obvious leaked from the club deal

Everton also projected a healthier financial position at the general meeting, largely on the back of the new record-breaking broadcasting deal. Unaudited figures for the current financial year forecast a turnover of £117m compared to £86m in 2012/13, with wages falling to 55% of turnover compared to a Premier League average of 72%, and predict that net liabilities will drop from £42.7m in 2012/13 to £12.9m in 2013/14.


So basically the player sales in the summer and Jan have gone to pay off the debt mate, other operating costs rose by 6m, costs for finch farm plans they have already outlined and any additional costs on the new stadium imaginary project, basically Martinez will be lucky if he see a net spend of 6=7m this season
Click to expand...
I believe the £30 million taken off the debt is before player trading.
 
"As a case study you can present [Manchester] City as a great example of what can be achieved through a sporting led regeneration and that’s a tremendous blueprint that we hope we can follow.”


http://www.evertonfc.com/history/everton-firsts.html























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