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New Everton Stadium

ChrisPW75 said:
looks brilliant!
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Been watching the drone footage from the start and a brilliant job everyone has been doing, had to get a tyre done at ATS yesterday first time down that end for a long time turned on to Derby road and wow it really hits you the size of it and what its going to do to the iconic waterfront when completed, looking superb
 
oglop44 said:
Honestly I haven't a clue but turning shareholder loans into equity has been his MO since the start. As a layman, I just assumed it would increase the number of shares and therefore reduce the value of each share. But I'm guessing tbh, not financially savvy in any way.
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That isn't a trick you can use ad infinitum. There is a ceiling. It only really works if he pays for the lot and/or the resultant increase in value of the club then reflects or balances that outlay or at least sets up a position where it can in the future.

If he's not paying for the lot and loans are required, then there will be interest to pay that cannot be paid off by equity, unless he is able to sell at that increased value or be prepared to take that loss or is able pass on that debt to any new owners. Ultimately, the loss or debt has to land somewhere if that value increase is not achieved.

The MSP deal (if it ever completes) may potentially see him hand over 25% of the club's total shares for less than a quarter of the value of the stadium project alone (if his £760m cost is genuine). That may indicate the gap between speculation and reality and/or his desperation to get someone else to finish the job, to help cut his losses and perhaps sweeten any future sale.

The original financial plan never got off the ground. For most clubs that probably would've been the end of the project. However, given his wealth (and that of his backer) he was able to proceed. He was always going to fund the initial phase, so he pressed ahead regardless, in the hope that additional finances could be secured once the project was started and financial institutions would have greater confidence etc.... this never happened. So he then funded the subsequent phases....again, basically because he could. In for a penny, in for a pound (or 1 billion even). The recent events have shown that it isn't a bottomless pit and at some point debts or their consequences have to be met.

USM were always the ones who were going to fill those gaps..... with grossly inflated sponsorship deals if necessary. That safety net no longer exists.

The hope was that the stadium provided the step-change in everything needed to project the club to that next level. The hope now might be that it doesn't land the club with unsustainable debts or at least helps to facilitate a sale to someone who can absorb those debts.
 
Does anyone know of any plans for there to be a ferry terminal or anything like that?

I know there was talk of water taxis etc. at one point going from Seacombe through town and onto BMD. Would be a great way up get to the match IMO.
 

Tom Hughes said:
That isn't a trick you can use ad infinitum. There is a ceiling. It only really works if he pays for the lot and/or the resultant increase in value of the club then reflects or balances that outlay or at least sets up a position where it can in the future.

If he's not paying for the lot and loans are required, then there will be interest to pay that cannot be paid off by equity, unless he is able to sell at that increased value or be prepared to take that loss or is able pass on that debt to any new owners. Ultimately, the loss or debt has to land somewhere if that value increase is not achieved.

The MSP deal (if it ever completes) may potentially see him hand over 25% of the club's total shares for less than a quarter of the value of the stadium project alone (if his £760m cost is genuine). That may indicate the gap between speculation and reality and/or his desperation to get someone else to finish the job, to help cut his losses and perhaps sweeten any future sale.

The original financial plan never got off the ground. For most clubs that probably would've been the end of the project. However, given his wealth (and that of his backer) he was able to proceed. He was always going to fund the initial phase, so he pressed ahead regardless, in the hope that additional finances could be secured once the project was started and financial institutions would have greater confidence etc.... this never happened. So he then funded the subsequent phases....again, basically because he could. In for a penny, in for a pound (or 1 billion even). The recent events have shown that it isn't a bottomless pit and at some point debts or their consequences have to be met.

USM were always the ones who were going to fill those gaps..... with grossly inflated sponsorship deals if necessary. That safety net no longer exists.

The hope was that the stadium provided the step-change in everything needed to project the club to that next level. The hope now might be that it doesn't land the club with unsustainable debts or at least helps to facilitate a sale to someone who can absorb those debts.
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Yep I rethink our only way out of this is that next level oil money investment that will divide opinion amongst the fan base
 
Richie said:
Does anyone know of any plans for there to be a ferry terminal or anything like that?

I know there was talk of water taxis etc. at one point going from Seacombe through town and onto BMD. Would be a great way up get to the match IMO.
Click to expand...
An armada of paddle boards is being assembled as we speak and punts will be commandeered from Cambridge and surrounding areas.
 
Richie said:
Does anyone know of any plans for there to be a ferry terminal or anything like that?

I know there was talk of water taxis etc. at one point going from Seacombe through town and onto BMD. Would be a great way up get to the match IMO.
Click to expand...
In the BMD Transport Plan Merseytravel have confirmed they have no plans to change their current Ferry arrangements.
 
Walken said:
Isnt there one every hour 15 mins walk from the stadium anyway?
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They are fairly frequent at peak hours during the week but not at the times we'll be kicking off. Might be possible to have them running with a match day frequency when we move in.

It would be fantastic to have a ferry terminal next to the new place. I understand that it can't happen due to cost and so on, but what a way to arrive. Maybe in a number of years down the line when the Ten Streets are more developed, the idea might get revisited.
 

Dr Baxter said:
They are fairly frequent at peak hours during the week but not at the times we'll be kicking off. Might be possible to have them running with a match day frequency when we move in.

It would be fantastic to have a ferry terminal next to the new place. I understand that it can't happen due to cost and so on, but what a way to arrive. Maybe in a number of years down the line when the Ten Streets are more developed, the idea might get revisited.
Click to expand...

There was a temporary ferry service for the garden festival site in the 80s. It was unusable at low tide due to having no landing stage. There were more ferries available in those days and they weren't the tourist loop service that they mainly are now. If Liverpool waters really takes off there may be more scope for a northern landing stage at some point. However, the South Docks have almost been fully redeveloped (admittedly only relatively low density), and that hasn't merited its own landing stage yet. If the Northern docks scheme is much bigger it might prompt another landing stage. If not it would all be on the club to pay for.

There are often calls for the ferries to reinvent themselves for the future. Perhaps another landing stage or 2 and a broader loop could do that.
 

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