New Everton Stadium

[Tom Hughes]

How's it looking in the snow?

 

[The binman chronicles]

Perhaps, but he probably wouldn't have been there in the first place without our hamstrung financial state, seeing off multiple managers.

It's true that we didn't have a pot to pee in due to all the funds being redirected into the stadium, but even if we did we couldn't spend it due to being on (& over) the PSR limitations.

 

[Tom Hughes]

It's true that we didn't have a pot to pee in due to all the funds being redirected into the stadium, but even if we did we couldn't spend it due to being on (& over) the PSR limitations.

Yes, but that included interest payments on loans for said stadium.

 

[mahermi1]

Yes, but that included interest payments on loans for said stadium.

Tom we had to have the stadium, it could well be our one saving grace, it's why we have new rich owners. Sometimes sacrifice is needed.

 

[The binman chronicles]

 

[The binman chronicles]

Yes, but that included interest payments on loans for said stadium.

Only the last period I think and that is in debate. We blew even before that and once you have gone up to your hundred and something million losses, it's hard to come back when your wage bill is 90%, or greater, of your total income.

 

[Look to the future]

Only the last period I think and that is in debate. We blew even before that and once you have gone up to your hundred and something million losses, it's hard to come back when your wage bill is 90%, or greater, of your total income.

Agreed, the new ground gives us a fighting chance and significantly increases our turnover, without it we wouldn’t have attracted a credible investor and would still be on the same downward spiral.

 

[maccavennie]

How's it looking in the snow?

White.

KNOCK IT DOWN AND START AGAIN!!!

 

[Noggsy blue]

Whats a lifelong fan in your view....only someone who has had a season ticket and booing the fook out of the team for the last 40 years? I'm calling BS on that.
I'm a lifelong fan and have bought tickets when I can and had the odd season with a ST. I would also suggest that someone like Mr Drone is highly likely to be a lifelong fan. Everyone has different circumstances that only allows them to show support in certain ways
There will be plenty getting tickets to the test event much less deserving than some of the drone flyers after all their efforts they have put in the last years to document the BMD build.for all our enjoyment.

Even kopites?

 

[Tom Hughes]

Tom we had to have the stadium, it could well be our one saving grace, it's why we have new rich owners. Sometimes sacrifice is needed.

Not at all. We only had to have new, higher quality capacity, better amenities and in the process eradicate the poor parts of the existing stadium. Yes, we needed far more corporate, but it's continually forgotten that we also need cheap capacity too, and there wouldn't
have been much of that at BMD, if the new owners hadn't got the club for a snip.

Yes, sometimes sacrifice is needed, but not at the expense of the whole club, which is what has nearly happened (we're still not quite out of the woods on that score). We also already had a rich owner/backer, we needed a wise one whose MO wasn't just throwing money at every problem. The only saving grace is that he appears to have swallowed the bulk of the debt...... otherwise there would've been no new owners at all (least of all, rich ones), and we could've been left with the 777 carpet baggers.

 

[Tom Hughes]

Only the last period I think and that is in debate. We blew even before that and once you have gone up to your hundred and something million losses, it's hard to come back when your wage bill is 90%, or greater, of your total income.

Yes, and if the owner had stayed, those interest payments would've increased further, dwarfing any projected income increases.... It was a bust flush, that's why he was unable to attract any financial backing from the mainstream financial sector at any point and was taking on high-interest loans half way through the build.... and ultimately why he bailed at a massive loss.

 

[Tom Hughes]

Even kopites?

I'm not sure which one you're talking about, but is he really a closset red Baz?

 

[The binman chronicles]

I'm not sure which one you're talking about, but is he really a closset red Baz?

Don't think he is talking about Mr Drone. Craig probably.

 

[Look to the future]

Yes, and if the owner had stayed, those interest payments would've increased further, dwarfing any projected income increases.... It was a bust flush, that's why he was unable to attract any financial backing from the mainstream financial sector at any point and was taking on high-interest loans half way through the build.... and ultimately why he bailed at a massive loss.

Glad he was able to syphon up some interest before flushing away some of his investment.

 

[Tom Hughes]

Agreed, the new ground gives us a fighting chance and significantly increases our turnover, without it we wouldn’t have attracted a credible investor and would still be on the same downward spiral.

Yes, it does now that the old owner appears to have took the full hit, and if the precarious position we're in (partly because of it), doesn't finally still catch up with us.