Yeah? And who puts an offer in on a house if they aren't certain they'll get a mortgage?
You seem to think the club are only now starting to look at funding. Tsk.
Why are Everton leasing the stadium when the club are purchasing the land and paying for the construction?
They haven't the funding to pay for construction upfront so the council are acting as a guarantor for the loan to fund it. We then pay the loan and lease it until 40 yr payment model complete. Fee I understand after 40rs to buy outright is £1 .