Robert Earl

[HalewoodBlue_ver.2.0]

No it's not.

Were paying 78m towards it + any match day provisions we need to make but we will get this back

 

[SimonP]

It would seem that a large chunk of it is coming from Tesco, hence why the proposal is so attractive to the club.

Tesco say it isn't....

Hmm, not sure on the tone of that, but anyway. If the club are to be believed the new stadium won't be providing vast income above what we currently earn from GP, not in modern footballing terms anyway. When Ronaldo's new contract is reported to be nearly twice the extra money we expect to earn from the new ground it seems safe to assume that either the club are being conservative with those estimates or they know a new ground is vital to securing other finance.

So, the main reason for moving - to make more money - has been proven to not actually happen with the Kirkby scheme. And you're happy about that?

I'm fully aware of our finances, though thanks for asking. We're up **** creek. Without investment coming in this summer will be just as difficult as last summers, maybe more so as borrowing yet more money will be considerably harder now than then. I wouldn't be at all surprised if we're not trading at the back end of the window again as selling clubs will always wait as long as possible for a bigger offer when they know our funds are limited.

So Kirkby changes nothing then? We're still ****ed for the next few years until we get into Kirkby? Which could take five years going on current examples of CPO's being delayed? And you want us to continue with this scheme?

Not really sure exactly what this means. The accounts are fully available on the OS and it's easy enough to do some analysis of them for our liquidity and so on. I produced some numbers on another thread somewhere on here and they're not good at all. Essentially it would appear we need bailing out, and the sooner the better. Even Dave will admit that this aint gonna happen until the stadium is resolved. It's taken a few years to get to this position with Kirby, if we have to wait another few years to get to a similarly advanced stage of an alternative development I think we seriously will have to become a selling club to keep afloat.

You didn't recognise the sentence? You wrote it, I just changed a word or two. Her'es another of yours, repeated for ease of memory...

"It's taken a few years to get to this position with Kirby, if we have to wait another few years to get to a similarly advanced stage of an alternative development I think we seriously will have to become a selling club to keep afloat."

It's going to take a few more years to get any further with Kirkby....

 

[kenada_blue]

I know mate, I've been

I've never been approached by a beggar in the Maccies drive-thru in any other town in the UK than Kirkby. Even in Walton.

That old chestnut again. I'm guessing Walton is the fuucking Costa Del Sol paved with gold then aint it.

Stay safe mate. Wouldnt want you going anywhere near the nasty crime ridden district of Bagdhad...I mean Kirkby.

 

[Bruce Wayne]

Tesco say it isn't....



So, the main reason for moving - to make more money - has been proven to not actually happen with the Kirkby scheme. And you're happy about that?



So Kirkby changes nothing then? We're still ****ed for the next few years until we get into Kirkby? Which could take five years going on current examples of CPO's being delayed? And you want us to continue with this scheme?



You didn't recognise the sentence? You wrote it, I just changed a word or two. Her'es another of yours, repeated for ease of memory...

"It's taken a few years to get to this position with Kirby, if we have to wait another few years to get to a similarly advanced stage of an alternative development I think we seriously will have to become a selling club to keep afloat."

It's going to take a few more years to get any further with Kirkby....

Can't say that I liked your tone before and it's not improving. I believe that Kirby is vital to securing outside investment. It is this outside investment that will secure our short-term financial future.

 

[SimonP]

Can't say that I liked your tone before and it's not improving. I believe that Kirby is vital to securing outside investment. It is this outside investment that will secure our short-term financial future.

What does Kirkby offer these "outside investors" that Goodison doesn't? If Kirkby is making just £200,000 a match more than Goodison does - even at full capacity - then what is there for these investors to get a return on? The increased debt amassed to pay for the stadium?

Any new stadium in Kirkby is not going to be built for the next five years - if at all. Can Everton afford to **** around for that long waiting?

 

[davek]

What does Kirkby offer these "outside investors" that Goodison doesn't? If Kirkby is making just £200,000 a match more than Goodison does - even at full capacity - then what is there for these investors to get a return on? The increased debt amassed to pay for the stadium?

Any new stadium in Kirkby is not going to be built for the next five years - if at all. Can Everton afford to **** around for that long waiting?

The glamour of calling themselves Sheikh of the Townie.

 

[Bruce Wayne]

I'd be amazed if we only earnt £200,000 extra per match to be honest. 10,000 more seats, better corporate facilities, greater retail spread on site etc. should all see that go up considerably.

As for our investorbility, I suspect certainty plays a big part. No investor likes uncertainty and with Kirby still in the air a large dollop of that exists.

 

[Makis]

I'd be amazed if we only earnt £200,000 extra per match to be honest. 10,000 more seats, better corporate facilities, greater retail spread on site etc. should all see that go up considerably.

Why would the club then say so?

 

[Philw]

Yawn. Can some mod change the title of this thread to "Yet another pointless and tiresome debate about Kirkby, disguised as something else, which tells us nothing new and just gives people an excuse to bitch at each other and **** people off whilst talking about stuff that probably none of them actually know anything about."

Thanks, that will save the rest of us a lot of time reading half the rubbish on this forum.

 

[DENNIS STEVENS]

I'd be amazed if we only earnt £200,000 extra per match to be honest. 10,000 more seats, better corporate facilities, greater retail spread on site etc. should all see that go up considerably.

As for our investorbility, I suspect certainty plays a big part. No investor likes uncertainty and with Kirby still in the air a large dollop of that exists.

that's very true & the sooner a decision is made the better, either way the club will be able to move on from the current hiatus, either way it will be a step towards removing the uncertainty surrounding the kirkby proposal.

however, i can't see why any potential investor would want to pay a premium for the privilege of inheriting the previous boards mistakes, when they could use that money to make their own.

 

[Neiler]

In fairness to Robert Earl, i cant see a sheikh bringing a bigger star then sly to goodison!

Hes keeping Arnie in reserve for Kirkby and you wonder how were going to get 50,000 in to a new stadium!

tut tut!

 

[davek]

In fairness to Robert Earl, i cant see a sheikh bringing a bigger star then sly to goodison!

Hes keeping Arnie in reserve for Kirkby and you wonder how were going to get 50,000 in to a new stadium!

tut tut!

Bringing the Terminator to a future apocalyptic wasteland has been done.

 

[Neiler]

Bringing the Terminator to a future apocalyptic wasteland has been done.

Quality mate!

 

[gordonjblair]

And presumably the few hundred million for a world class new stadium will come from the same money tree people are using when they compose lists of ideal signings containing the likes of Moutinho, Fernandes et al.

This ideal land you seek is not anywhere on our horizon. Taking yet more time to wait for the golden goose to come will simply further entrench the already awful finances we currently have. Presumably you'll be ok with selling our better players whilst we wait for this world class stadium to present itself?

Bruce,

Am not sure 'panic now' is the ideal long term solution. I understand the need for "something" to be done, I don't agree that the restrictive business model being put forward for DK is the right something.

One thing I can't tell you with any degree of certainty (due to the ahem... commercial sensitivity of the figures) is why the £200k per game figure is so low... but I can hazard a guess. Costs for DK would be higher in any event, larger stadium, higher staffing costs etc, however there are the additional costs involved in the new arrangements also : the minimum £1M per year contribution to pay for the parking arrangements and enforcement and the like. You're also forgetting our Club's phenomenal ability to make a balls up of any commercial venture

As for the initial costs, well I think the days of our contribution being a meagre £78M are long gone... in the short to medium term climate it would be facile to suggest that the cross subsidy from a retail development will be near what was budgeted for, finance costs will be higher (interest rates may be low for safe bets, but I'd hate to think what our Corporate credit rating is, and I haven't got a D&B book to hand), and we'll be hoping to build at the same time as eveyone will be rushing to finish the Olympic Village.

While waiting for the golden goose, we'd do well not to saddle ourselves with a white elephant. At the risk of sounding like a stuck record, we need to make the very best of GP until we are in a strong position to decide what our next 100year home is to be; rather than jumping on any solution just because we currently happen to be in a weak position.

 

[chicoazul]

Davek: We need to chat.