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New Everton Stadium

Have Everton ever actually said that the Council were funding a new stadium? All I read was a news report that various funding options were close to being in place ? The Council, and Everton have always stated that they have been looking jointly for suitable land. That is all.
 
Furey1878 said:
Okay someone tell me if I've got this right:

Is it we have boss new stadium planned, design sorted, location sorted, and all we need now is the tooth fairly to give us the small fee of £38475983257893758093673802985703 to fund it and we're good to go?
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The help that is required from LCC will surely take the form of granting planning permission on a land swap. There's no way that LCC will financially contribute to the construction of a stadium. Well, unless they had some sort of ownership of the stadium!
 
Dymak said:
The help that is required from LCC will surely take the form of granting planning permission on a land swap. There's no way that LCC will financially contribute to the construction of a stadium. Well, unless they had some sort of ownership of the stadium!
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Yeeah I doubted the Council would straight up give us the money. I suppose it's good to know that we have plans for the future, but it's like me drawing up blueprints for a mansion... just gotta become a millionaire now and I'm set.

Unless they were hoping by going public it would attract investment, that's the only reason I can see for announcing this now.
 

Jxg said:
Club is losing money (about £5m a year). We have interest to pay on the debt.

If we were to pay the entire debt off (£50-30m depending on what you read) we'd be sorted... for a year. Then we lose £5m and have to borrow again (or sell a player). That means we're in debt again and have blown everything we have for nothing. The money we spent (again, £50-30m depending on what you read) could have been spent improving the squad, getting us into the CL and thus increasing revenue to such an extent that we'll be profiting, not losing money.
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But the interest payments will be contributing to any losses/low profit levels. Take that away and we should be ok. My understanding of it all is that the debt seemed insurmountable on the old levels of tv money and prize money, but now with this added amount its not.

I think paying off the debt is essential - yeah we might not spend huge this summer but we might be able to spend consistently in the future rather than keeping in this mental cycle

Plus all this talk of "the bottom will fall out of football", if it does actually happen, would mean we stand a chance with a £13m debt we pay a bit of interest on. the football club risks not existing anymore if we have 40-60m of debt.

This is safeguarding the club's future in the event of a large financial crash like 2008 (and the bank calling in the lot at once), a european super league leading to a big drop in tv money for the rest of us etc.

Its proper business, long term thinking, not "siphoning the money away from the playing squad" or any other conspiracy theory. Save those for this mental stadium thing (which is definitely a front to stop the short-term thinking from causing a knee jerk reaction).

andy4efc said:
A couple of thousand short with heavily restricted views is not bad at all. Make Goodison a completely restricted view free stadium and its filled.

Unless it's the derby, or a huge game, would you buy a ticket behind a post where you can see [Poor language removed] all or very little?

I certainly wouldn't.
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its not just the posts - letterbox views in the back of the Gwladys Street and the Lower Bullens are ridiculous for a premier league stadium. we'd probably fill the same proportion in "normal" games (43-44,000) and then up to 50,000 for big games, the derby, united, end of season games like this weekend. But with more corporate facilities which obvious helps with revenue.

The only issue is that if we go into debt for it, there will have to be a certain compromise made on ticket prices, thus pricing out a number of our fanbase which could reduce the numbers back down.
 
Following reports in the media today, we wish to reaffirm our commitment to working with Everton FC in relation to their new stadium proposals.

As with all large scale regeneration projects with the potential to create jobs and investment in Liverpool, the city council will look at ways it can support the wider regeneration scheme but no firm options have been developed in terms of how or where this will take shape.

This work is ongoing and we will announce the details of the location and support we will be offering once this has been further developed. However, we must stress that the city council is clearly not in a position to fund the costs of a new stadium.

Any investment the council makes would be in a wider regeneration scheme, subject to a sound financial and economic rationale for doing so.
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There we go.
 
Reidy's Bottle Of Grecian said:
We have our 1st anti-stadium protestor on Twitter, goes by the name @juicyjugs

AsNAObTr.jpeg


Lisa Harrison ‏@juicyjugs 13h
@joeforliverpool Everton looking to move to Walton hall park? This true? Over my dead body! I will fight against this all the way!


getting Royally ripped on there
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Yeah saw some top bloos having a go at her appearance over twitter. HAHA TOP BANTER LADS 10,000 SCOUSE POINTS FOR YOUS.
 
Steve Wigan said:
Have Everton ever actually said that the Council were funding a new stadium? All I read was a news report that various funding options were close to being in place ? The Council, and Everton have always stated that they have been looking jointly for suitable land. That is all.
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and one of the priorities was 'investment' along side the new stadium etc.
 

Moomin said:
I can imagine Hell to be stuck in a Xmas party at Talksport towers with Fearne Cotton being the DJ.
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Oh good god, I think the only thing that could top it is if Fearne had bought along Nick Grimshaw, I think my head might actually explode.
 
We should be wary of getting too carried away by the corporate hospitality stuff. If we look at the income earned in that area by Bolton (when in the PL) and Stoke, they were £2m and £3m respectively.

We may have slightly more than that but it's not going to be massive. The latest Deloitte look into football finances said that matchday revenue was stuck at levels last seen in 2006.

What seems clear from the comments made by the club around this is that a new ground in itself won't change things for us that much, which is why they can't justify splashing out for one with their own cash. What it will hopefully do is make us more attractive to a moneybags.
 

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