New Everton Stadium - Hill Dickinson Stadium

[toffee66]

It's says when the r
Paymemts are up and the stadium is paid for we will then own it and the council thing will be disbanded..

Have I read that right??

Why are some saying we won't own it

No. We will have an option to buy it. For a fee. No doubt a big one. No certainty we will have the money or want to pay it.

 

[ianefc]

Absolutely none of that has been done with no mind to a return.

Which is fine. As long as he has the money to get us what we need, we'll pay him back in due course with interest - fair enough; it's a businessman making clever use of an asset.

And let's not forget what we the fans and the club are getting out of it.

Too much worrying about what Moshiri is up to and not enough about where we are going.

Would City have been purchased if they weren't playing in that stadium? I doubt it. It's took Chelsea 13 years to get the ball rolling on a new stadium, it's taken Everton 13 months.

 

[chewee]

Man City lease their stadium and have owners far richer than ours.

 

[brettangellnightporter]

I've just spent an hour going through every word of the council documentation and every word of all three press releases.

The poster who said Moshiri is getting the boost to his investment without risk is not really wrong. The entire risk sits with the club through security over revenues so in that sense Moshiri is carrying the risk but this vehicle is basically a way to get a stadium built cheaply (access to cheaper financing) with no upfront capital risk.

Another worry is the fact it has been costed on 50k capacity. I think 70:30 fans would want bigger. That is something to watch and comment on as we start to see the plans developed.

The elephant is there is no way this can be built for £300m. Think £500m. That £14m pa estimate will then be £23m. A 50k capacity won't carry that...

Juve at 41k cost 137m.

 

[navidson]

It might have to be a dock building and fans walk about like foremen with stove pipe hats and others with dockers hooks on match day.

I've been waiting for the Stovepipe to come back in for decades - It's a 'YES' from me

 

[jinkyali]

No. We will have an option to buy it. For a fee. No doubt a big one. No certainty we will have the money or want to pay it.

We will not build a stadium, pay 160 fixed fees and then have to significantly purchase out the lease. It will be nominal .

 

[bluestevon]

Yeah I saw that. It's hard to keep up, just in from work. Listened to Citytalk on way home and that was positive but starting to see a few negative angles. Some valid, what risk is Moshiri taking?

Don't get me wrong, if we are playing in a stadium we are paying off then that's not an asset of the clubs, so the notion we will be instantly ready to be sold once we play in a stadium is nonsense.

I mean, I can't get a 25-year mortgage on a £200k house, move in and then sell it and get the £200k for myself the following week.

Evertons value will include its debt?

The carpet bagger idea is nonsense for starters mate. Never did that so why start now with what in essence is a small investment compared to his past ones.

The idea that until the stadium is paid off it in essence belongs to the council supports the above, and also opens up the idea of it not being owned by moshiri frees him from regulations about usm sponsoring, which frankly is so brilliant it's making me smile.

He's here for the long term, not an ounce of doubt about that.

 

[d4kyxx]

I've just spent an hour going through every word of the council documentation and every word of all three press releases.

The poster who said Moshiri is getting the boost to his investment without risk is not really wrong. The entire risk sits with the club through security over revenues so in that sense Moshiri is carrying the risk but this vehicle is basically a way to get a stadium built cheaply (access to cheaper financing) with no upfront capital risk.

Another worry is the fact it has been costed on 50k capacity. I think 70:30 fans would want bigger. That is something to watch and comment on as we start to see the plans developed.

The elephant is there is no way this can be built for £300m. Think £500m. That £14m pa estimate will then be £23m. A 50k capacity won't carry that...

I agree with this. Where did 300m come from? Surely to have a figure like that they would already have plans to be able to come up with that amount on capacity etc? We need clarity of how they have come up with this figure which like you say I'm sure will end up more!

Does this figure include or not include potential stadium naming rights? Entertainment and hospitality complexes within the stadium compounds that I'd expect would be built to help fund it?

 

[Sharpys top lip]

No. We will have an option to buy it. For a fee. No doubt a big one. No certainty we will have the money or want to pay it.

That dosnt seem right. You sure that dosnt mean the land it on?? Bramley-Moore dock itself. the stadium will.be owned by us.

 

[GwladysBlue]

The construction cost is going to be fully-funded by the club, but we are going to be sub-leasing it from the council.

This is a really complicated financial deal.

 

[Jamiednm]

Do people seriously expect Moshiri to use his own money?! Give your head a wobble if that's the case.

There are two ways of getting wealth and maintaining it - by using other people's time or other people's money.

 

[Efcjake]

Everybody talking about Usmanov or USM funding this stadium has completely missed the point of what was announced with the Council today.

The Council are getting involved to act as a guarantor for a loan to build this stadium.

Why would we ever do that if someone like Usmanov, Moshiri, or USM was going to fund the stadium? There wouldn't be any need for a loan, never mind one that would require us to rope in the Council as a guarantor.

 

[Jack1882]

Do people seriously expect Moshiri to use his own money?! Give your head a wobble if that's the case.

There are two ways of getting wealth and maintaining it - by using other people's time or other people's money.

This is a complete misunderstanding of what I was saying. I never suggested Moshiri should be financing the stadium.

 

[Mikeonlythebestwilldo]

And let's not forget what we the fans and the club are getting out of it.

Too much worrying about what Moshiri is up to and not enough about where we are going.

Would City have been purchased if they weren't playing in that stadium? I doubt it. It's took Chelsea 13 years to get the ball rolling on a new stadium, it's taken Everton 13 months.

Exactly Ian mate remember the PM ain't far from the truth is it

 

[Debaser]

Brilliant news and brilliant deal. All negativity remember this-

Moshiri has been there less than 13 months:

1) Secured investment
2) Landed new stadium site
3) Odd hiccups - but we are able to buy better players
4) Got Koeman, after ridding of Martinez
5) Finch Farm deal
6) Better shirt sponsor deal

Have I missed anything, or should we have been expecting to see stadium plans/blueprints, new train stations, parking lots, boat terminals etc. today?

Me, Im OVER THE BLOODY BLUE MOON!