Fernandes signed and Tesco's 120million

[Tennessee Blue Mike]

Thats the spirit Daz. I'm happy one way or the other also. Royal Blue welcome lad glad to have you here and post to your hearts content.

 

[gordonjblair]

So effectively it says, reading between the lines, that Tesco will give us £120m so that they can build a store on site. Therefore, we would use the £120m to finance the stadium build. Assuming it costs £120m or less to build the stadium, we are debt free.

Nah, it's a bit poo... the contribution from ourselves is £78M, they got that right, but the total Stadium cost was only down as £130M, with £52M financed via the enabling development.

That's before you take into account the fact that we won't be able to generate anywhere near the same revenue as the CoM stadium (what with it being able to host concerts for the likes of the Foo Fighters, and not being denied to Citeh, 100 times / year so's the council can have a go.

 

[Cal]

I'm certain we won't hear anything tomorrow.

 

[Nebbiolo]

Nah, it's a bit poo... the contribution from ourselves is £78M, they got that right, but the total Stadium cost was only down as £130M, with £52M financed via the enabling development.

That's before you take into account the fact that we won't be able to generate anywhere near the same revenue as the CoM stadium (what with it being able to host concerts for the likes of the Foo Fighters, and not being denied to Citeh, 100 times / year so's the council can have a go.

Gordon: Whether or not it is bullshite, remains to be seen. I suspect it might well be but at some point the whole deal will be published in full, assuming the project does go ahead, which I'm starting to doubt. There are so many sources coming into play and it seems to me that all of them conflict.

 

[coyney]

Not trying to be a smart arse but with the price of steel and other materials shooting up with inflation how can any one now know the cost of the stadium personally I'm worried the club could go tits up if we are not very careful

 

[gordonjblair]

Financials are here:

http://www.knowsley.gov.uk/resources/228322/FinancialStatement.pdf

With regard to revenue streams, you may also want to consider:

http://www.toffeeweb.com/season/07-08/comment/fan/article.asp?submissionID=7707

(as featured in the Stadium thread).

 

[Chris]

It'll be a load of bollocks,like most of the stuff that originates from that site .

Yup. I'm against the move, but if KW pulls that off, then the man is a genius.

 

[Neiler]

I vote for one Stadium thread please can we make it a sticky!

I love Tesco there ace!

 

[Nebbiolo]

Not trying to be a smart arse but with the price of steel and other materials shooting up with inflation how can any one now know the cost of the stadium personally I'm worried the club could go tits up if we are not very careful

Add 25% to the current cost and then another 25% as a contingency and we'll have the final price, I suspect.

 

[gordonjblair]

Escalation on Stainless Steel is currently running at 66%pa

 

[Nebbiolo]

Escalation on Stainless Steel is currently running at 66%pa

Aren't we planning stainless steel stands? Bollocks!

 

[Neiler]

I think we need to be very carefull in relation to our carbon footprint!

 

[chicoazul]

Can we just not recycle the ones at Goodison or something.

And watch our for those newts Mister Workman.


Bruce: You've got to be impressed, non?

 

[inertia3112]

Escalation on Stainless Steel is currently running at 66%pa

thats the problem the rs are having i believe, the longer it takes them to sort things out, the higher the cost of the stadium!

especially as most of it is stapled together!

 

[Basil Fawlty]

As long as ours isn't the Tesco value range i'll be happy, taht stuff's worse han Netto's own brand