Think the construction and the fit out were always different mate.
We knew that a good while back.
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The Friedkin Group reaches agreement to buy Everton
- Thread starter GrandOldTeam
- Start date
Think the construction and the fit out were always different mate.
We knew that a good while back.
Things change mate.
Moshiri, or a lender would have funded it if nobody else come in.
Even if that wasn't the case - an Everton CEO isn't going to say the stadium we're building won't be finished because there's no finance.
Now who is misleading the fanbase.
To a plan isn't him saying it's fully financed.
Stop misleading the fanbase.
I wouldn't listen to him if he said its raining outside....and it's lashing down.
Damo_1878
Don't care. Not bothered.
It was the case @GrandOldTeam there was £60 million left to finance when the Friedkin Group takeover was announced
Colin Chong has said at least three times "funding is there" to complete when it clearly wasn't
It needed Friedkin Group to come in
Damo_1878
Don't care. Not bothered.
He's misled people
There was denial on here £60 million was needed
Luckily Friedkin Group have the capital to finish it
Moshiri didn't clearly
Timhowardsswearbox
Player Valuation: £5m
You're treating this like projects of this nature have all the cash in a pot, or set aside in a bank account somewhere and large business don't generally operate that way.
Saying the "funding is there" just means that the money can be accessed, whether that through loans, investment etc - not that it has been specifically decided how the best way to find something has been selected at that time.
If I'm selling my house, and it had an extension part built - I could say I'll finish it before selling.
If later, I drop my demands/price - the people buying the house could pay to finish it.
Crap analogy, but negotations happen and things change.
For all we know, Friedkin could have agreed to cover the funding to finish the stadium whether they bought or not. After all, they were an existing lender.
Not convinced we should be so readily calling people liars.
Damo_1878
Don't care. Not bothered.
Oh come on now. You don't build a stadium without the means to finish it
Unless of course you're this lot
A "distressed seller" in Moshiri
£505 million now over £850 million
Only just got the finance in place due to incoming new owner, coming in
The echo article specifically mentions the fit out mate, the construction was fully funded, the fit out happens after handover by LOR.
I said a few times on here lately the club were struggling to fund the fit out that starts in Jan and were actively seeking (unsuccessfully) credit, enter Danny F.
The bar to calling someone a liar should be pretty high.
Every time I look at footage or pictures of the new stadium, it gives me a lot of optimism that better days are ahead.
Every time I look at footage or pictures of the new stadium, it gives me a lot of optimism that better days are ahead.
Damo_1878
Don't care. Not bothered.
Mate I think at this point no one is particularly bothered.
Let's just look to Bluer skies and have some positivity.