They reckon Kirkby is gonna cost the club £120m now according to this article
A BARRISTER for Liverpool City Council yesterday branded the additional £52m that Everton FC needs to build its proposed new stadium in Kirkby as a “miracle of modern economics”.
Stephen Sauvain was cross- examining Knowsley Council’s chief executive, Sheena Ramsey, about exactly where this additional finance was coming from at the public inquiry into the scheme.
It involves the completion of a huge Tesco superstore, other retail units and a hotel, as well as a 50,000-capacity Everton stadium in a deal worth £400m.
Mr Sauvain repeatedly attempted to tie down the link between the profits from the proposed sale of the land in Kirkby and the £52m extra the club needs to build an all-new ground, in addition to its own contribution of £78m.
Ms Ramsey said: “Tesco will fund the £52m through the increase in the value of the land brought about through the development.”
But Mr Sauvain argued this was far from clear.
He said: “Tesco’s expert doesn’t think the money is coming from Tesco and Ms Ramsey doesn’t think it’s coming from Knowsley, so it’s a miracle of modern economics because nobody is prepared to tell you what the situation really is.”
Ms Ramsey also faced a series of questions about how much the council was letting the land south of the town centre go for.
The Archdiocese, Ms Ramsey confirmed, was getting a land swap and a cash hand-out as part of the deal to build on primary school land.
But the exact nature of how much the council will earn has been deemed “commercially sensitive” and the figures are not available to the inquiry.
) has been public for about a year now, since the DTZ report was published. I think the reason that people are being cagey as to which pot the £52M backhander falls out of could be for one of 2 reasons:
