New Everton Stadium Discussion

[Stuartisitc1878]

If 'Chinese money' is the same as 'money for the Chinese' I always struggle at the end of the night aswell, could be a risk

or we will be paying in Chinese Yuan which is 0.12 to the pound so if the stadium costs 500 million Yuan it will actually only cost us about 58 grand.

 

[Azza]

Peel have been pushing for Chinese partners and investors for ages. I think Hammond (spit) was even trying to sell the Liverpool Waters vision to Chinese officials as an investment oppurtinity recently so this really isn't a surprise.

 

[Lee Smith]

Yuan way or another, it'll be built

 

[BiggyRat]

Yuan way or another, it'll be built

Bei-jingo that's a good pun....

 

[KUEFC09U2]

Aah well. Goodison's not so bad I suppose.

https://www.bloomberg.com/news/arti...ts-overseas-investment-in-push-to-reduce-risk

Chinese won't be investing they will be the lenders

 

[orly]

Chinese won't be investing they will be the lenders

Who told you that Kev?

 

[KUEFC09U2]

Who told you that Kev?

Just a guess, and what normally happens when it comes to stadium financing?

 

[orly]

Just a guess, and what normally happens when it comes to stadium financing?

Kevin mein good frandel, let me ask you a little question.

Do banks lend money for, say, mortgages, because:

• they are kind hearted good people who just want to see you own your own home (or)
• because they know that you'll pay back significantly more over the life time of the debt than you initially borrowed

So what they are doing is investing in the stadium build, knowing that they will get a significant return on their initial investment (interest on the mortgage over the 40 years or more plus initial capital). So yes, they are investing mate.

 

[KUEFC09U2]

Kevin mein good frandel, let me ask you a little question.

Do banks lend money for, say, mortgages, because:

• they are kind hearted good people who just want to see you own your own home (or)
• because they know that you'll pay back significantly more over the life time of the debt than you initially borrowed

So what they are doing is investing in the stadium build, knowing that they will get a significant return on their initial investment (interest on the mortgage over the 40 years or more plus initial capital). So yes, they are investing mate.

That's actually a pretty good explanation to it all, thanks and I apologise for my wrongfulness

 

[orly]

That's actually a pretty good explanation to it all, thanks and I apologise for my wrongfulness

No problem at all mein frandel, you were right about them lending, but they are lending as an investment (unless of course they are lending at 0% across the lifetime of the loan with no fees or security)

 

[Huyton Layne]

I for one look forward to play in the spanking new Oppresive Regime Stadium

 

[Boss_Blue]

That's actually a pretty good explanation to it all, thanks and I apologise for my wrongfulness

 

[The binman chronicles]

That's actually a pretty good explanation to it all, thanks and I apologise for my wrongfulness

In this case it's wongfuness...

 

[msb]

I for one look forward to play in the spanking new Oppresive Regime Stadium

Are you our new striker then?

 

[msb]

No problem at all mein frandel, you were right about them lending, but they are lending as an investment (unless of course they are lending at 0% across the lifetime of the loan with no fees or security)

This. banks are essentially pawnbrokers, but instead of your bits of hooky jewellery, they use bricks and mortar (or concrete in our case) as the collateral and charge you for borrowing the money against it. No such thing as a free lunch, but the Chinese economy has a lot of foreign income and will get better returns investing in such a project rather than the Dung Zhow Ping Pneumatic Tyre factory in Guang Jiu.