New Everton Owners: The Friedkin Group

What do we reckon?

  • 👍

    Votes: 961 70.0%

  • 🤷 | 🧀🥪

    Votes: 326 23.8%

  • 👎

    Votes: 85 6.2%
  • Total voters
    1,372


Titus Shambles said:
The new stadium isn't going to be some magic bullet or overnight fix. It's nothing more than a *potential opportunity*, how much that opportunity is capitalized upon depends entirely on the people at the club: how good they are at seeking deals, negotiating them, what tables they can get around, what rooms they can get into etc etc etc.

It'll obviously be a help and a springboard, but we've dropped £760,000,000 to go from 40k capacity to a whopping 52k. Seven teams in the Prem I think it is already have a greater capacity than us - and we're not even in the place yet! As far as the world's leading companies and brands are concerned, as nice as the stadium might look, we are not the most famous or most relevant or most successful team in the city, so you'd be a fool to think there would be a queue of global businesses wanting to fill our coffers just for an "inn" with a Prem team... assuming we don't get relegated.
Click to expand...
The stadium cost is almost a moot point when the Freidkins take over though isn’t it?
Mosh is taking a big ol’ hit and the debts accrued for financing it are largely becoming owners equity.
My rudimentary calcs on last years match day revenue of £17.2m being scaled up to 52k, plus I thought, there’s a min 18% increase on tickets, would bump that revenue alone to just north of £26m and that’s likely being conservative.
Not earth shattering, but would certainly swell the wages kitty.
My biggest misunderstanding though is how much they could pump in (if they wanted to) and over what period, before we’re in bother with P&S again. 🤷‍♂️
 
Bedfordblue said:
The stadium cost is almost a moot point when the Freidkins take over though isn’t it?
Mosh is taking a big ol’ hit and the debts accrued for financing it are largely becoming owners equity.
My rudimentary calcs on last years match day revenue of £17.2m being scaled up to 52k, plus I thought, there’s a min 18% increase on tickets, would bump that revenue alone to just north of £26m and that’s likely being conservative.
Not earth shattering, but would certainly swell the wages kitty.
My biggest misunderstanding though is how much they could pump in (if they wanted to) and over what period, before we’re in bother with P&S again. 🤷‍♂️
Click to expand...
I guess it's only a 'moot point' if you want to view it that way - it's certainly not TFG's issue what was spent on building the real estate they'll no doubt be getting for [relative] pennies on the dollar; my point was more about we're going to drop 3/4 of a billion quid on building a once-in-a-century, state-of-the-art stadium could we not have gone all out and REALLY made a statement: 60-65-70k (finance and construction area permitting).

Obviously an extra 12k fans in the ground every 2nd week 9 months a year, as well as all the stadium amenities, will go back into the club; and whilst I have no doubt TFG will invest however and wherever possible in their prized asset in the richest, most in-demand sports league in the world, a new stadium still requires elite businessmen to negotiate the best deals possible... hence TFG and the clout/reach they can hopefully bring.
 


Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Register

Shop

Back
Top