Yarrgh
Player Valuation: £70m
And that's after they passed the PL refereeing theory test too.Hearing this multi club consortium are having second thoughts as they can’t quite get their head around the offside rule.
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And that's after they passed the PL refereeing theory test too.Hearing this multi club consortium are having second thoughts as they can’t quite get their head around the offside rule.
It's not about denial. We're all aware of the numbers on debt and what it'll take to own Everton.
But this is the PL and the numbers for all clubs, barring very few, will be astronomical.
There's a buyer for us out there and they'll be weighing up when to make their move.
This Neil W feller has a history of being part of a Blue Knight type consortium as far as I understand. That lot have massive baggage they bring with them when prognosticating on outside interest in the club. They always have and always will.
Put this in a safe place and act stupid Farhad. I'll be back when it calms down in the east.Once given a bag of money to look after then calls himself an accountant.
It will be some time before the stadium is able to contribute and even then I think it will just stabilise us where we have existed for 3 decades as a mid table side who will occasionally qualify for Europe but always be at risk of a bad season resulting in a relegation struggle, and unlikely to ever win a trophy.Boggles my mind a bit but, once the stadium is paid for, is the club actually capable of making money in the PL with sensible decision-making ?
Or are we expecting a new 'investor' to give away money to the club every month just to keep going.
And is the end-game always going to be to try and attract a crazy rich owner and everything else is just limbo ?
The PL really is a bizarre competition.
so loads of millionires and billionaires especially from USA are investing in plenty of championship sides but no one wants to invest in a prem team in one of the biggest footballing cities in the UK with a new stadium being built
sorry that can't be right
The £450m investment from Moshiri isn’t debt.How many of them are sitting on a billion pound of debt, with over a year before that stadium starts paying for itself?
Btw.... We do share that city with a club who aren't exactly minnows.
The £450m investment from Moshiri isn’t debt.
- there’s no interest payable
- it has no repayment date
- classified as equity in the audited accounts
- in reality he’s going to have to write-off all/most of this
We're borrowing money at the moment to pay for the stadium build. When it's finished we won't be doing that and our borrowing should stabilise. At that point we'll know our debt repayments, and given our capacity is going up by 13,000 and there is more hospitality at the new ground, a conservative estimate would be £50 x 13000 x 20 games so £13 million in general admission plus the increased hospitality which will be at least the same again so something in the order of £25 to £30 million minimum,plus increased sponsorship and advertising deals due to the new location. I'd say getting on for £50 million a year. That should be close to covering the interest on our debts, and allow us to compete again in the medium term.I keep hearing that the new stadium is going to save us, if only we can hang on until then.
Does anyone out there know how much this stadium will bring in. Will it even cover the running costs that 777 have been topping us up with???
I think we all would, however he doesn't have enough money unfortunately. Hopefully he can get a consortium together.Someone I work with knew Andy Bell for many years and speaks very highly of him, both professionally and as a person. Would love to have someone that competent who is also an Evertonian involved in running the club.
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This is what he was involved in.
Plus ca change!
I'm sure he knows people who do have it though.I think we all would, however he doesn't have enough money unfortunately. Hopefully he can get a consortium together.
They probably have it because they don't invest in football clubs lolI'm sure he knows people who do have it though.