Club Report Overall Operating Loss of Nearly £7M

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This is the thing though isn't it? I dare say that, correctly, the club will be chastised for not having a plan B but it seems equally so that KEIOC didn't have a plan post their campaign actually working. The whole stadium project has been going on for ages and there have been precious few alternatives supplied by any of the protagonists in this whole debacle.

How exactly were KEIOC and / or any other 3rd party expected to be able to bring a solution to the table when the Club we're not allowed to look at it?

Any chance of time and money being spent on a costing and viability study for an alternative Stadium went out the window when everyone saw the way Bestway were treated after spending seven figures on studies for the loop site.
 
The Esk: I think you're absoultely right that a new owner will want to buy as low as possible the shares of the club if they're to wipe out the debt and finance team-building. I would keep a close eye on Everton's actions in the coming two transfer windows with regard to that. If this lot are looking to jump ship (because they're bankrupt now...no one will see them as credible partners for a stadium bid that we desperately need) then they'll attack the debt in rder to keep share price bouyant with sales of players. I'm pretty convinced this will happen myself.

Just one other thing - in terms of new owners funding a stadium, I think they'll be looking to do exactly the same as the club were doing with DK: ensnare local state and a developer (with the blessing of all the regional bodies and the money they can unlock) in order to minimize they're capital investment.


Bruce: you're equation of KEIOC with the club makes no sense to me. It's almost like saying that CND has to provide for the defence of the State when/if they rid us of nuclear weapons.

Almost, that is, because they haven't just shouted loudly from the sidelines. The Loop: do you think that proposal was just the brainchild of Malcolm Carter of Bestway? Getting Bradley to promise to increase the footprint of Goodison Park? KEIOC have been instrumental there.

I think, in your attempt to wish a pox on both houses, you do at least one of them an injustice.
 
Just one other thing - in terms of new owners funding a stadium, I think they'll be looking to do exactly the same as the club were doing with DK: ensnare local state and a developer (with the blessing of all the regional bodies and the money they can unlock) in order to minimize they're capital investment.

I'm sure you're right, that is exactly what they would want to do, but when negotiating a purchase price for the club, they would assume no cross subsidy from third parties. BK is probably (if he is genuinely interested in selling) pricing this into the club, purchasers most certainly will not be.
 
I'm not saying they have to provide for a new stadium but you have to provide alternatives to what it is you're complaining about. It's like when you're dealing with kids, if you tell them to stop doing something it's pretty likely they'll do the exact opposite. KEIOC simply entrenched the club into their Kirkby position because they attacked rather than worked with the board.
 
I'm not saying they have to provide for a new stadium but you have to provide alternatives to what it is you're complaining about. It's like when you're dealing with kids, if you tell them to stop doing something it's pretty likely they'll do the exact opposite. KEIOC simply entrenched the club into their Kirkby position because they attacked rather than worked with the board.

but what were they supposed to do? They told the Club (quite rightly) that it couldn't get past planning as it was a dodgy scheme, they came up with all kinds of alternatives which the club dismissed out of hand, what more, exactly were they to do?

Granted they made a few mistakes (the hoolie vids being a notable one), but they went out of their way to highlight the issues and highlight alternatives.

Just because we may not agree with their methods, or doubt their motives, doesn't mean they weren't right, or that we need to find reason to have a dig, even if we weren't all 'on their side' :P
 
Has for over 100 years Chico but that's irrelevant because it's not the stadium itself that generates funds year over year. Are you suggesting City's new stadium is funding their purchases? They'd have been in no better position to challenge the top 4 with it if you take their ownership out of the equation.

Three things fund a club more than anything else, the supporters (gate receipts etc.), the board and the clubs results on the pitch. Other than upping the seating capacity to provide more gate revenue the stadium has little to do with long term sustainability. Considering how "awful" Goodison Park is only proves that point.

There's a reason the majority of our debt is secured against gate receipts. Evertonian's are the clubs greatest assest, not the damn stadium, bless her.

Bruce has just covered the massive holes in your logic there mate.

And yes, with the extra capacity and increase corporate income City would have done better as they have more income, and was probably a big factor in them attracting investment like they did.

If Evertonians are the biggest asset then don't you want more of them? Substandard football because of lack of investment isn't so attractive to increasing your so called biggest asset mate - especially when we share the city with a very famous club.
 
There's no war from me, I just find it a bit puzzling that the underlying sentiment from those who wanted Kirkby to happen is that it would allow us to attract investment. Investment, or lack thereof, is why Goodison is in the state it's it now because previous\current boards didn't put any into it that was meaningful in the long term...but let's just [Poor language removed] all that off and jump into unknown waters in a sorry attempt at keeping up with the Jones'. No, thank you...until the whole board goes, they're getting no love from me when it comes to the topic of Goodison Park because they're the mugs directly responsible for this even being a topic, all based on what they haven't done previously. All Kirkby ever was, was a meal ticket out for these cheapskates.

Don't throw me in with KEIOC Chico, that's BlackToffee methodology and you're much too jovial for that sh*te. I'm 5k miles away from Goodison Park so location means very little to me. People trying to weasel their way out of their own grave is another. Go back and look at what was, I think, my very first post on GoT...it's in the Kirkby thread. Nothing's changed with me as it concerns my view on the main point of why I opposed Kirkby. All my other viewpoints are secondary to this one and can be debated ad infinitum.

C'mon Chiiicy...give us a kiss.

:lol:
 
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So to some up we're exactly back were we started from, no plan B, no investment - Kirkby out!

Billionaire any day now!

I'd say we're worse than back where we started. The debt has continued to rise, time & money have been wasted & our Board now lack credibilty after this latest failure to deliver a proposed new stadium.
 
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