New Everton Stadium


So you are of the opinion that investors dont see less risk in a finished new larger stadium than the promise of one?

Interesting.
No, the only risk to the investors would be that of Everton going out of business completely, the debt is/will be secured against future match day revenues, not any physical property.
 

No, the only risk to the investors would be that of Everton going out of business completely, the debt is/will be secured against future match day revenues, not any physical property.

Usually, commercial property finance is a bit of both, but like I have said before, with a sports ground it is different. As in, you can let a shop or an office block to anyone. A sports ground aint much use to anyone with no club to play in it, unless you knock it down and build, well, shops offices and homes.
 
Usually, commercial property finance is a bit of both, but like I have said before, with a sports ground it is different. As in, you can let a shop or an office block to anyone. A sports ground aint much use to anyone with no club to play in it, unless you knock it down and build, well, shops offices and homes.
But this is not 'a bit of both' though, they are looking to use the same model as Spurs used to finance their stadium, through a private placement in the US which converts the debt in to bonds with a maturity period of 20 - 30 years, and with a set interest rate.
 
Filmed by a red so 95% of what he says is tosh but it's another couple of days work on top of the Sunday videos and it definitely seems like the west stand internal rooms have moved on again. Plus interesting to see some views as he obviously doesn't give a flying about going over the site.



Need to have some of these to take down rs drones.


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