Everton have deal in place for Bramley-Moore Dock

Thursday, 23 March, 2017 329comments  |  Jump to most recent
Photo: ToffeeWeb

Everton have taken a huge step towards leaving Goodison Park after 125 years with the news that the club have a land-purchase agreement with Peel Group for Bramley-Moore Dock.

Additionally, a funding mechanism has been worked out with Liverpool Council whereby Everton will fully fund the stadium but with LCC as guarantors of the required loans for the estimated £300m project which would potentially see the Blues kicking off in their new ground in 2021.

The news comes following days of mounting speculation that today would be the day that confirmation of a successful agreement for the potentially iconic waterfront site for a new stadium being struck. Everton's stadium at Bramley-Moore would form part of Peels' £5bn Liverpool Waters regeneration scheme which promises to transform the waterfront along Regent Road north of Prince's Dock while the LCC-backed Ten Streets initiative hopes to regenerate the derelict section along Great Howard immediately to the east.

Everton are believed to have negotiated a price of around £22.5m for the site on Liverpool's north docks with commencement of construction dependent on planning permission, the application for which will be submitted either later this year or early in 2018, and the funding being in place. The club's business plan provides for them staying at Goodison until the end of the 2020-21 season.

A full announcement from the Council via the LiverpoolExpress website outlined the creation of a "special purpose vehicle" whereby LCC would guarantee the loans, receive a security fee (reported to be around £4m a year) for its trouble and take out a 40-year lease on the site from the funder that they would then sub-lease to Everton. The club could then have the option of acquiring a leasehold interest in the stadium.

The arrangement does not involve any capital from the council but it allows Everton to secure funding for the project from a wider spectrum of lenders and most likely at significantly lower interest rates than if they were to go it alone as a higher-risk entity. The initial cost analysis is based on a 50,000-capacity stadium but Blues CEO Robert Elstone insists the final details have yet to be decided and that supporters will be included in a full consultation.

The Liverpool Express website said:

A report will be presented to the council's cabinet next Friday recommending that the City Council progress Heads of Terms to create a new Special Purpose Vehicle (SPV) company which will take a lease of the stadium from a funder and, in turn, sub-lease it to the club.

Article continues below video content


The council will benefit from an annual security fee payable by the club in return for the council's participation. Critically, the support provided to the club will not impact the future borrowing needs and involves no financial outlay for the council.

“Over the past year, the Club has worked with the support of the Council and we are grateful for the ‘can-do' approach that has got us to this important milestone," said Robert Elstone. "We are particularly grateful for the role the Mayor has played to date in our talks with Peel and for his support in this important step in the journey towards reaching a funding solution for the stadium.

“We are delighted that we have been able to agree Heads of Terms with Peel, giving us control of the Bramley Moore Dock site and allowing us the time we need to complete the substantial further work required to be able to confirm the project's viability.

“We can now move forward into the next phase of work with much greater confidence. Clearly, it is vital we have clarity on cost and we have to recognise that the stadium will be significantly more expensive at Bramley Moore Dock. To get that certainty, and ensure the stadium is affordable, we need to confirm stadium design, capacity and configuration.

"And to do that, we need to talk to fans, partners and all stakeholders in the project. We're committing to that consultation. We're also committed to keep fans fully informed as the project develops and as other milestones are reached."

Lindsey Ashworth, Director of Development at Liverpool Waters, said: “We are delighted to have agreed Heads of Terms with Everton Football Club regarding the development of a state-of-the-art football stadium at Bramley Moore Dock.

“It's been an exciting and progressive couple of weeks for Peel, first unveiling our vision for the new Central Docks neighbourhood at Liverpool Waters and now reaching an initial agreement with Everton for a new waterfront stadium.

“It's important to remember that this is the start of a long process and we will be working very closely with Everton, Liverpool City Council and Historic England to better understand the site and develop the proposals. As the current owners, we have a level of knowledge and experience of the site which we believe will help Everton deliver not just a new stadium but a stunning addition to Liverpool's northern waterfront.”

The confirmation of what the club and supporters alike hope will be the end of a two decade-long search for a solution to Goodison's out-dated construction and the limits on both capacity and expansion posed by the existing site in Walton.

Former Chairman Peter Johnson first mooted the idea of relocating the club to a new stadium but while his proposals for a construction in Aintree and then Cronton Colliery received the backing of a majority of fans, they never got past initial sketches.

A proposal five years later for a potentially world-class ground at the King's Dock eventually collapsed over the club's inability to come up with their share of the funding, while the Destination Kirkby project that would have moved Everton beyond the city boundaries to neighbouring Knowsley Borough also died when the wider retail scheme put forward by Tesco was called in by the Government in 2009.

Alternative options at the Tunnel Loop off Scotland Road and Walton Hall Park were briefly considered but, again, the club's lack of financial muscle and reliance on an enabling partner to help fund the project meant that they were non-starters.

The arrival of Farhad Moshiri as the club's major shareholder when he purchased a 49.9% stake in Everton just 13 months ago appears to have dramatically enhanced the club's financial standing and allowed the Toffees to attempt something as grandiose as the plans unveiled today.

 

Reader Comments (329)

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David Ellis
1 Posted 23/03/2017 at 12:45:36
Okay, this is fabulous news. The article actually says the agreement to buy the land is conditional on raising the financing. So the headline is wrong. We will own the land before the stadium is built.

It's entirely normal to be given time to arrange the financing having agreed the price for the land from the Seller. Yes, it's only the first step... but, if true, this is a massive step forward and means we are going for the higher class option in terms of location – happy days!

Paul Mackie
2 Posted 23/03/2017 at 12:48:10
Pleased we've chosen (and agreed with Peel) the docks site, but I'll admit I'm a bit disappointed that we're not going to be seeing a design for the stadium for some time yet. I was hoping (naively) that we'd be a little further along in the process.
Gordon Crawford
3 Posted 23/03/2017 at 13:14:36
5pm is the reveal time. :)
Tony Hill
4 Posted 23/03/2017 at 14:04:11
"Subject to funding" means precisely what it says. It is unclear at the moment as to the money required to build and where it will come from. Let's see what the announcement later says but I am afraid I do not presently see this as any sort of clear-cut commitment.
David Griffiths
5 Posted 23/03/2017 at 14:06:10
I can still hardly believe that we were actually considering a site at Cronton Colliery. That's almost in Greater Manchester!
Peter Lee
6 Posted 23/03/2017 at 14:09:34
Saw an artist's impression last night of a 65,000 seat stadium built on the site of the old Clarence Dock power station. The land on the other side of the dock road adjacent to the stadium and running up to the Southport line, where a new station was shown, was given over to leisure and retail developments, including a hotel and a multi-storey car park.

Three points.

The artist's impression could be a flight of fancy.

The site is nearer to town and further away from the sewage works. A plus IMHO.

If EFC were allowed to buy the land to the railway line by compulsory purchase (this was the only thing the city council did for LFC when they built their stand) then the development could provide the additional funding to support a ground build.

The last point is the only reason I can see Joe Anderson involved at all. The city doesn't own the docklands and they would let a planning request go through on the nod. They could be a partner in that enabling development of course, finding it cheaper to raise finance over a longer period than the club could.

Gavin Johnson
7 Posted 23/03/2017 at 14:19:11
Wonder if we'll get graphics of what the stadium will look like at the announcement @ 5pm?
Len Hawkins
8 Posted 23/03/2017 at 14:19:18
Boys Pen Bill will be running around the Building Societies trying to get a mortgage sorted, but it is good news that EFC will be on The Banks of The Royal Blue Mersey.
Peter Morris
9 Posted 23/03/2017 at 14:21:32
To be honest, I've always thought that the dealings with Peel posed the greatest threat to the successful delivery of this project. All of the other conditions are frankly in the gift of stakeholders who want to see the project happen, and that includes raising the necessary funds.

I have personal experience of Peel. They are unpredictable, slippery, scheming and conniving vipers, and if they can be taken out of the picture, then believe me, the prospects of this happening have been massively improved.

Paul Clews
10 Posted 23/03/2017 at 14:23:15
Gents – I just do not see any business in sport speculating on c £30m without knowing where the funding is coming from. I maybe wrong but, I just don't see it – especially given that Farhad Moshiri is an accountant.
Brian Williams
11 Posted 23/03/2017 at 14:25:38
I'm quite prepared, even at this early stage, to chip in with a few quid... I know I know, generous to a fault!
Steven Jones
12 Posted 23/03/2017 at 14:27:51
Fingers... toes – everything crossed!
Eugene Ruane
13 Posted 23/03/2017 at 14:28:29
Just a thought – maybe someone should let the club know about this news.

On the OS, if you click on 'today's news' you get the usual..er..'news.'

'Under 14s will eventually be under 15s'

'Finch Farm canteen manager Sal Adzenstuf retires'

'Under 18s to tour Jibrovia and Hildanstan'

Etc etc.

But no mention of new grounds or docks or... anything.

You don't think it might be alt-facts do you?

Brent Stephens
14 Posted 23/03/2017 at 14:32:34
Smelling better.
Jamie Crowley
15 Posted 23/03/2017 at 14:34:22
£300 million – financed by Prudential and backed by Liverpool City Council. Game-changer, this is.

Welcome back to the big leagues, Everton.

https://youtu.be/L09qnRfZY-k

Lennart Hylën
16 Posted 23/03/2017 at 14:41:41
Splendid news – at last!!!
Peter Morris
17 Posted 23/03/2017 at 14:42:39
Eugene,

I guess that the club, LCC, and Peel, will have agreed a precisely timed and carefully coordinated communications announcement, drafted by a prestige team of international public relations consultants to achieve maximum PR impact. Either that, or Buffalo Bill forgot to set his alarm!

It looks like the conduit for the release is the City Council, and the club will keep quiet until then. Be patient. 5pm – The chippy opens.

Cue, thousands of Kopite heads bouncing down Walton Breck Road! ... boing! boing!! boing!!!

Alasdair Mackay
18 Posted 23/03/2017 at 14:49:47
The BBC article is already deemed the 3rd most important story of the day and mentions Anfield's expansion to 55k, as if it is impossible to write a news story about Everton FC without mentioning the RS.

Gutted that my Dad didn't live to see Moshiri (he missed out by just a few months), but delighted that my nephew and the generations he goes on to inspire will see a prouder, more prospectful version of what remains the 4th most successful team in English football history (despite 1 trophy in 30 years).

COYB!

Joe O'Brien
19 Posted 23/03/2017 at 14:51:09
I hope so, Gavin... I would think so. Didn't it come out that the architects had nearly finished the design?
Dave Wilson
20 Posted 23/03/2017 at 14:56:49
I wouldn't worry too much about the RedShite, Alasdair.

THEY know what the big story is today –and they will be pig-sick.

Tony Hill
21 Posted 23/03/2017 at 14:57:26
This is an option to purchase conditional on the money for the stadium and you can be sure it'll all be tied up tightly in favour of Peel if we don't stump up fairly pronto. Let's hope the cash follows... though I am struggling to see how there can be any announcement of that tonight given the nature of the deal.
Tommy Coleman
22 Posted 23/03/2017 at 15:01:13
This is the one.

This will make the turmoil of the last couple of proposals worth it.

COYBS!

Liam Reilly
23 Posted 23/03/2017 at 15:05:35
Back in serious business, Blues!

Moshiri is too shrewd to let this out without having a proven path forwards.

Tommy Coleman
24 Posted 23/03/2017 at 15:07:41
Those Bramley-Moore towers remind you of anything?

https://en.wikipedia.org/wiki/Bramley-Moore_Dock

Brian Williams
25 Posted 23/03/2017 at 15:10:13
Giz a clue, Tommy.
Tony Hill
26 Posted 23/03/2017 at 15:11:30
Liam, perhaps Moshiri is waiting for his backer(s) to be in position, hence the structuring of this... and as hinted at by Elizabeth France in her interview with Lyndon.
Brian Williams
27 Posted 23/03/2017 at 15:13:20
Just a thought. I hope what's been "released" so far doesn't mean that the deal is 99.999999999999% going to go through!
Eugene Ruane
28 Posted 23/03/2017 at 15:14:40
Thurs 23rd March – 5pm, announcement regarding future move of Everton FC to new site at Bramley-Moore Dock.

Fri 24th March – Roger Philips, Radio Merseyside, cue fuming poltroon in gravy-stained Liverpool shirt - the incredibly meffy, povvo Candy one (Link)

"... no but.. look okay am not sayin' they'll wipe out the pandas am I... what I mean though is it's a heritage site thing for... er.. the wildlife that is native to the region or whatever... and the... um... coz... it's gonna block the light, isn't it, and light provides... oxygen for... children and... puppies so... how can Anderson live with that on his conscience? Know what I mean though, Roger?'

Etc etc etc etc etc etc...

Frank Key
29 Posted 23/03/2017 at 15:21:22
Is there any truth in the rumours of Everton in the Community offering LFC the option of a temporary escape from the Ikea Flat Pack Arena to play their Europa League qualifying games at the iconic state-of-the-art waterfront location?

I assume the offer will be subject to the qualifiers not interfering with what will be by then Everton's extensive Champions League commitments.

Dermot Byrne
30 Posted 23/03/2017 at 15:25:24
I was thinking the same, Eugene (#27)... if not in such funny terms.

Fans need to be smart and express support to Council and Joe for the whole regeneration of a deprived area. Because aside from our own footy mania, this is a really important scheme for the city.

You can bet Reds will try and challenge any Council involvement without any regard for fellow scousers.

https://liverpool.gov.uk/contact-us/complaints-and-feedback/comments-and-compliments/.

Brian Williams
31 Posted 23/03/2017 at 15:34:47
Done mine, Dermot!
Tommy Coleman
32 Posted 23/03/2017 at 15:41:08
The Everton 'Lock up', Brian...
John Pierce
33 Posted 23/03/2017 at 15:42:31
Time to shake off the 'plucky little Everton' tag. This season has been one for many to change their outlook and take heed of the signs Everton are growing up as a football club. Whilst today is not conclusive, it's yet another decent sized breadcrumb Everton are on the right trail.

Publicly Everton have in the main been reserved but clever in the use of the media this year. Again part of an MO consistent with a well run business. In effect, using the connection with Jim White and Sky, and Joe Anderson to make all the noise, smart in my view.

All the rumours floating around clearly have had some elements of truth and Everton now look like they're prepared to get the best venue. The connection of being the City's club is strengthened and it feels like it fits.

What's left is the funding, can this be done without crippling the club. If this can be found then, good times abound.

So one last thing a little bit of chat perhaps is suggesting the pitch might be sunken? Given its dock situation, that would seem to make sense. Instead of filling the damn thing in, we dig it out?

I've no idea if this is feasible architecturally but deffo an interesting idea?

Tony Dunn
34 Posted 23/03/2017 at 15:54:00
Barca's pitch is below street level as is, I believe, Monacos or they may just have underground parking. Anyway with modern construction many things are possible.

I went down that way on my last visit home and the area defo needs an uplift, no better example of Everton in the Community than regenerating a run-down district. Although I hope the Bramley-Moore pub stays.

John G Davies
35 Posted 23/03/2017 at 15:56:50
Watch us go now:

A professional boardroom.
A great manager.
A good squad, soon to be enhanced with big money spent.
And a state-of-the-art stadium on an iconic waterfront.

Colin Hughes
36 Posted 23/03/2017 at 15:59:12
I am not getting too carried away myself, it only says we have "agreed to acquire land". How many times have we seen that happen before without anything coming of it?

Agreements mean nothing, it still needs planning permission and no doubt some corrupt fucker with RedShite links in Government will find a reason for it not to be given.

Graham Mockford
37 Posted 23/03/2017 at 16:12:14
Artists impression of waterfront stadium leaked online: Link
Ed Fitzgerald
40 Posted 23/03/2017 at 16:20:05
I think we need to wait another 45 minutes before any conclusions are drawn (difficult I know, given Everton's tendency to disappoint). This time however it looks like the project is well planned and it will be nigh on impossible to stop going ahead through planning as the ground is he catalyst for a major regeneration project along the North Docks.

I can't wait to hear those whinging Kopites start moaning. We can offer an olive branch though, we could provide them with mooring rights for Kirk Douglas and the rest of the Viking hordes when they make their vigils to our old ground. You know the one where we won in the league, first in 1891 and wearing Red too!

I actually think Joe Anderson has played a bit of a blinder on this.

Colin Malone
41 Posted 23/03/2017 at 16:20:13
The more it comes reality, the more saddened I get for the Old Lady.
Graham Coldron
42 Posted 23/03/2017 at 16:27:25
In all probability, the club has completed a contract to buy the site which will be "conditional on planning and funding". Provided these two conditions are fully met in all respects, we will be well on our way to a new ground. Fingers crossed!
Paul Clews
43 Posted 23/03/2017 at 16:30:00
Graham Mockford – Love the entrance to the new stadium. 😂😂😂
Dermot Byrne
44 Posted 23/03/2017 at 16:33:50
Ed (#40)

For your amusement, see below. Genuine comment on RS Forum. Makes #30 above relevant?

"I suppose overall costs will determine the rent, which as I said will have to be of a sufficient amount to palpable to City of Liverpool tax payers - like myself.
Otherwise Fat Joe will be booted out - We had a Lib Dem council not too long ago."

James Marshall
45 Posted 23/03/2017 at 16:36:48
I have a date at 5pm. I hope she doesn't mind me staring at my phone the whole time...
Dave Lynch
46 Posted 23/03/2017 at 16:43:43
Whoooaaaaa lads.

Nothing is guaranteed yet. It's still in the embryo stage.

Let's not forget: this is Everton, and all sorts of lies, ducking, diving, ring-fencing of monies, lost cheques in the post and rare newt populations could scupper this.


Robby Burns
47 Posted 23/03/2017 at 16:45:23
Dave, two words:

Farhad Moshiri.

Richard Reeves
48 Posted 23/03/2017 at 16:46:33
C'mon... where's the picture of the mother ship?
Dermot Byrne
49 Posted 23/03/2017 at 16:46:38
Have 15 mins of excitement, Dave Lynch. It's fun. You can have the site to say "Told ya so" if it all is crap...
Dermot Byrne
50 Posted 23/03/2017 at 16:48:41
You'll be in the dock for that James M
Brent Stephens
51 Posted 23/03/2017 at 16:49:28
10 minutes.
Peter Murray
52 Posted 23/03/2017 at 16:51:19
Been there several unfortunate times previously – just HOPE I'm still breathing when our Blues season opens, at the docks, with our first match of the Premier League season – year incidental, but crucial in the overall ground situation!!!

Pacman Johnson, are you watching???

COYB

Dermot Byrne
53 Posted 23/03/2017 at 16:52:20
Be funny if it was to announce new shirt deal...
Mike Berry
54 Posted 23/03/2017 at 16:53:22
This looks like a done deal. There is no way on earth or in the heavens that Mr Moshiri would go ahead with the land purchase if he did not have significant backers to construct the stadium; the ramifications to the club and to his kudos would be far to great.

I expect he has some business partners interested and Mr Usmanov supplying the steel. Relax and let it unfold, there is no way that planning will be knocked back as this is an ideal opportunity for Everton, the City – as the area cannot remain a wasteland and must be regenerated (think Commonwealth Games?) and Peel to miss.

Brent Stephens
55 Posted 23/03/2017 at 16:56:37
Or "Everton to buy sewage works", Dermot.
James Hughes
56 Posted 23/03/2017 at 16:57:56
Apologies for being dense, how is it being announced and is there a way to watch or listen to this?
Brent Stephens
58 Posted 23/03/2017 at 17:00:31
Live on Sky Sports now!!!
Brent Stephens
59 Posted 23/03/2017 at 17:02:20
Well, Jim Sky said "shortly"...
Dave Lynch
61 Posted 23/03/2017 at 17:04:19
Nothing on my Sky Sports.
Nicholas Ryan
62 Posted 23/03/2017 at 17:05:20
If we're next to a sewage works, then, once again, the headline could read: 'Everton buy heap of crap'!
Paul Mackie
63 Posted 23/03/2017 at 17:07:50
Well, that was a bit underwhelming. So basically we've got some land, which we're paying Peel for and we're giving the council some money on a yearly basis for their 'help' and attempting to finance the stadium (of which there are bugger all details decided yet) ourselves?
Brent Stephens
64 Posted 23/03/2017 at 17:08:49
On Sky Sports now...
Brent Stephens
65 Posted 23/03/2017 at 17:10:20
This is an announcement only on what's happening with the site. Not yet whether a stadium will be built.
Jay Wood
66 Posted 23/03/2017 at 17:11:00
For doubting Thomases and Davids, official statement on club site appeared EXACTLY on the stroke of 5pm.

Link

Clearly a lot of work and negotiation over many months between all the parties concerned was necessary to piece this together.

Greatly encouraged by this particular line:

"Under the proposed finance structure of the SPV the council will not provide any finance for the new stadium, which is anticipated to cost in excess of £300m and will be fully funded by the Club."

Pulse racing here! We're joining the Big Time again!

Larry Boner
67 Posted 23/03/2017 at 17:13:11
5 pm Radio Merseyside – major news story is... nothing basically.

Sky saying nothing has been agreed and come back in 3 months and we see where we are. Jim White doing his best for his mate Moshiri.

No funds, no nothing, really encouraged.

Peter Gorman
68 Posted 23/03/2017 at 17:15:13
I'm excited and all but will it really smell bad?

I don't want us to become known as the dog-toffees...

Brent Stephens
69 Posted 23/03/2017 at 17:20:13
Anybody guess at how exactly the SPV is likely to be fit in here? A subsidiary of what organisation?
Liam Reilly
70 Posted 23/03/2017 at 17:27:22
The Special Purpose Vehicle (SPV) will likely be an offshore fund where investors can invest but retain their anonymity.

I duuno, maybe Moshiri has some friends in Russia that might be interested.

Brent Stephens
71 Posted 23/03/2017 at 17:28:23
Craig Walker
72 Posted 23/03/2017 at 17:30:36
Would have been good to see artists impressions etc and I don't fully understand the funding arrangements but I'm excited by this. This is our one chance to get back to where we belong amongst the elite of English football clubs. Let's not blow it.
Jay Wood
73 Posted 23/03/2017 at 17:33:44
Brent, whilst you're on here. A couple of months ago you kindly gave me a link to a site which has replays of complete games.

I bookmarked and saved it and was able to watch many a game again at leisure. However, a glitch on my computer has lost my links and I'm trying to restore them.

If possible, could you re-post the site link again?

Cheers!

Peter Mills
74 Posted 23/03/2017 at 17:34:47
Am I alone in being concerned about the amount of rent the club will have to pay annually on a capital investment by a funder of circa £350m?
Paul Smith
75 Posted 23/03/2017 at 17:37:21
This is a great step forward for everything Everton and an exciting start to a stadium project. Elstone has released the statement and its positive but I am gonna remain humble and interested until those 'hurdles' Elstone mentions are cleared.

Let's not get too carried away and forget the team. Hopefully before we know it there will be drawings, brochures and then season tickets for our new home.

Steve Ferns
76 Posted 23/03/2017 at 17:39:43
This is excellent news. The club has spent up to £30m on buying land for the stadium. It will now be a step-by-step process to get the stadium ready. This shows we mean business and Moshiri knows what he's doing. Hopefully, we will now see Mr Usmanov come out of the shadows and jump on board fully.

To all the doubters, this isn't like all the false dawns we've had in the past. You don't spend £30m on a pipedream, not if you're like Moshiri.

I'm a very happy guy today. I just hope the stadium lives up to our dreams.

Mike Dolan
77 Posted 23/03/2017 at 17:41:29
Well we've lived next to a pile of shit for over a hundred years so what else is new? Finally it's happening and it's where we want to be.
Jay Wood
78 Posted 23/03/2017 at 17:46:43
Reading what is available, this appears a very imaginative solution to the thorny problem of financing a new stadium build for Everton.

It strikes me that not only does the club benefit, but also the City Council, local taxpayers, the city at large, and any investors. (Although I am sure there will be plenty in dark hue pink shirts who will disagree!)

Given Moshiri only came on board barely 12 months ago (and I'm among those with lingering doubts about how much of HIS hard cash has been invested in the club) presenting this solution today is further evidence he is sincere in moving the club forward.

He is clearly a man of action, not merely sentimental words. Let's hope he accelerates us to the next phase of actual funding and construction.

Mike Green
79 Posted 23/03/2017 at 17:49:03
Fantastic news. What's not to like? If this comes off, we should build a statue for Moshiri.
Larry Boner
80 Posted 23/03/2017 at 17:51:17
We have not bought or committed to anything, Heads Of Terms means a pre-contract agreement if certain criteria are met. We went through all this bullshit 3 times: King Dock, Kirby and Walton Hall, Park; it's just the same words and phrases, but in a slightly different order.

Elstone, Elstone, Elstone... why would an investor take over a business but retain the one person NOBODY trusts or believes?

Ian Bennett
81 Posted 23/03/2017 at 17:52:36
99.999% looks a goer, sums are ring fenced, with just the I's and the T's to be dotted and crossed.

Stand by, Goodison exercise! Don't fail us now!!!

James Hughes
82 Posted 23/03/2017 at 17:54:18
Mike – er... NO. But I would like us to keep the 'home' end as Gwladys.
Paul Mackie
83 Posted 23/03/2017 at 17:55:50
Would an SPV be constrained by Financial Fair Play bullshit?
Darren Hind
84 Posted 23/03/2017 at 17:55:57
I feel strangely and uncharacteristically emotional here.

I had started to believe the sleeping giant would not awaken again in my lifetime, but the toes are definitely twitching.

Think I'll have to open that bottle of Red Breast which has miraculously survived since Chrimbo.

Brent Stephens
85 Posted 23/03/2017 at 17:59:10
Larry #80 "Elstone, Elstone, Elstone, why would an investor take over a business but retain the one person NOBODY trusts or believes?"

You think Elstone is driving this?! Haven't you heard of Moshiri?! Tut.

Chris Williams
86 Posted 23/03/2017 at 18:00:56
Article in the Echo extolling the view of Goodison becoming a UNESCO World Heritage Site. Quite compelling if it happens.

Now wouldn't that be great and what a pisser for some others!

Have a read:

Saving Goodison Park 'It has historical purpose for football and for the city'
Damian Wilde
87 Posted 23/03/2017 at 18:03:40
Sounds great that, Chris!

Great news today, bring it on!!! We're going places, back on the Liverpool City map woth a bang!

Watch the video:

http://www.Evertonfc.com/home

Jay Wood
88 Posted 23/03/2017 at 18:07:30
Strewth Larry Boner! Lighten up, lad!

This is nothing like the 'bullshit 3 times' of previous proposed stadium moves. Different Head Boy in charge, different MO, different financial nous in play.

As for your lament "Elstone, Elstone, Elstone." He is a mere office boy in all this! The deal will not be made or broken simply because he continues to occupy the seat he did under Bill Kenwright.

Evidently, for the time being at least, Moshiri must trust and believe in him or he would have been swept away by now.

Jeez! Some people are determined to see ill in all things that cross their path!!!

Larry Boner
89 Posted 23/03/2017 at 18:11:25
The Commonwealth Games is the key. We will have zero say on the design of the stadium because we will not be financing it, just renting it from the council AFTER the 2022 Commonwealth Games.

I am sorry I am so negative, but it is Everton.

Adam Luszniak
90 Posted 23/03/2017 at 18:14:35
Cheer up, Larry. How do you know we'll have zero say on design? To who's benefit would that be?
Tony Hill
91 Posted 23/03/2017 at 18:15:24
The structure of this deal is weird. Is the Council SPV a comfort to Peel presumably? As I understand it, we don't acquire the land till funding is in place for the build. The club is funding that cost through a separate funder who will be the Landlord, the SPV is then the tenant and us the sub-tenant.

So no funding is clarified yet nor indeed the true cost. Elstone is worried by planning but I would have thought that is the lesser obstacle.

This only makes sense if Moshiri's mates are awaiting their moment and I'm sure they are. If they're not then this is so much smoke and mirrors.

Adam Luszniak
92 Posted 23/03/2017 at 18:16:02
Also, Larry, the Commonwealth Games was not mentioned in any press release from club or Mayor today, so I'm struggling to see how it could be key?
Paul Johnson
93 Posted 23/03/2017 at 18:17:30
Darren, I don't always agree with your comments. But fair play, mate – you bought a tear to my eye... COYMB
Chris Williams
94 Posted 23/03/2017 at 18:19:34
The club have pledged to consult fans on design and capacity.

In the Echo now, quoting Elstone.

Steavey Buckley
95 Posted 23/03/2017 at 18:28:04
What ever the design of the new stadium is to be, it should be a stadium where Everton fans can generate the best atmosphere to help Everton win. Building a new stadium to accommodate any future events such as the Commonwealth Games would be wrong, by not being in Everton's best interests.
Gordon Crawford
96 Posted 23/03/2017 at 18:31:36
How can anyone not be happy with this news. This is a brilliant first step. The club needs to receive some praise for this.
COYB
Joe O'Brien
97 Posted 23/03/2017 at 18:40:55
Larry, imagine how depressed you are going to be once our new stadium on the docks is built compared to that shithole ye call Anfield.
John Otway
98 Posted 23/03/2017 at 18:44:33
I think if my surname was Boner, I'd have a naturally pessimistic view of life too.
Clive Mitchell
99 Posted 23/03/2017 at 18:45:07
Er... this'll be really dumb but, where are we going to get £300 million from again?
Peter Morris
100 Posted 23/03/2017 at 18:46:25
The SPV mentioned could be a REIT (Real Estate Investment Trust). This is a specific property fund which allows parties (could be high net worth individuals, with Russian and Iranian accents, or pension funds) to invest money in return for a dividend, or rent. Crucially, the Trust offers generous tax advantages, and confidentiality.

I expected the "naysayers in red" would just interpret this, in a typically bone headed fashion, as "de council are payin' for dis and it's arr of order." They haven't let me down.

The council have a vested interest in sponsoring growth in the economy and population in the city. They receive council tax and business rates from what in this case is currently derelict land delivering zero, if flats, and enterprises such as a sports stadium are built. Increased revenue to the council goes in part, to support the increasing demands for social care in an aging population.

They have a STATUTORY DUTY to do the right thing by the citizens of the city –
hence, Project Jennifer on Great Homer Street, and yes, the Anfield Village redevelopment, and the Echo Arena and Conference and Exhibition Centre. ALL of these are excellent examples of the Council 'sponsoring' economic regeneration.

The press release makes it clear that the Council is putting NO MONEY into the STADIUM. What it will ,and should do, is to support the project in kind, through the planning process, and by improving access through road and rail, for example. My message to all naysayers, red, blue or of no colour, is to wish this project all the very best.

Liverpool as a city deserves it.

Ironic isn't it that the £30m the club is investing in buying this plot, could have got us the whole King's Dock Stadium just over 15 years ago. How times have changed.

Steven Jones
101 Posted 23/03/2017 at 18:50:25
Dan Meis is a stadium and community futurist genius. The stadium design integrating a temporary track for a week or so is riding-a-bike stuff for this man and his team.

The key difference for the stadium and challenge is not creating a traditional close to the pitch, imposing, atmospheric etc but is how we integrate it into the daily life of the city and this north Liverpool area.

I have been in contact with Dan and his lead architect and have given some of the aspects of heritage, community, cultural links that could be themes for this challenge. He has reacted well and no doubt better ideas than mine will come forth in the consultation and we can create something that makes EFC the centre of the city in all aspects.

Dan Meis is a big fan of fan involvement in the design process and with the now social media we will the opportunity of playing our part like no other stadium project in the history of stadiums over the millennia.

At the right time and given the right platform, I will share my two page input to Dan and the design team and then the talent that is here on TW can come up with all sorts of better ideas and extensions of the themes I gave Dan and his team.

I actually feel the involvement of Dan has given the stakeholders great confidence on creating something special in Liverpool and bring to life the Royal Blue Mersey waterfront.

Peter Warren
102 Posted 23/03/2017 at 18:50:42
My take is that the SPV is simply a vehicle used for acquisition with LCC acting as guarantors to whoever lends the money to build the stadium. In return for LCC acting as guarantors, we pay them a fee, presumably yearly.

Once the funding paid back, LCC will no longer have an interest and will presumably relinquish its shares in the SPV.

Fantastic news and the fact that LCC bending over backwards to help us out is brilliant as Evertonians and great for the City as the potential economic ramifications for regeneration and jobs are huge.

Wow, made up. Still... I can't help thinking a part of me is also made up as the RS will be fuming – small-minded, I know.

Tony Hill
103 Posted 23/03/2017 at 18:51:03
Ah, the Russians, Peter. They're coming and that will really piss off the Norwegians.
Paul Burns
104 Posted 23/03/2017 at 18:51:12
No athletics track, end of story.

Let them knock Anfield down and build it there.

Chris Williams
105 Posted 23/03/2017 at 18:53:39
Clive, the money comes from investors who buy into the SPV. Effectively become shareholders.

No public money is involved and Everton have to find the investors, facilitated by the Council. It could be Insurance Companies, Pension Funds, Venture Capital Companies or individuals.

If it is offshore, the investors could be confidential, but may need to be acceptable to the football authorities, a bit like Everton's current offshore financial arrangement.

Or it may be incorporated in England, but possibly unlikely.

Let's see... Early days and plenty hurdles.

Patrick Murphy
106 Posted 23/03/2017 at 18:54:23
Clive (#99)

Everton have to find organisations or people who will lend them the money to build the stadium; however, it is the council acting as Guarantors that enables the club to borrow that sort of money from those potential lenders.

The lenders in effect will own the land and the stadium until 40 years less one day has elapsed. The council are liable for the loans should, god forbid, Everton not be in a position to repay the loans.


Echo's take on deal

Peter Cummings
107 Posted 23/03/2017 at 18:55:33
At the moment, and like the Lukaku situation, nothing appears to be written in stone which, in true Everton fashion, is par for the course as we start to encounter unforeseen 'obstacles' which have plagued the club for years in their dealings both on and off the field.

On the face of it, the news is exciting, but until the bulldozers move in I for one won't be raising a glass (of Lucozade) to a new era and the rejuvenation of a new and improved Goodison replacement complete with a team of winners.

For instance, is there a completion date mentioned? Will the finances be there? And, as with most construction projects these days, will the proposed funding will massively over run to the tune of millions, especially if the diggers come across some of the many thousands of unexploded ordnance devices commonly found in areas visited by the Luftwaffe during the Blitzkrieg, Liverpool docks being one of their prime targets.

Only time will tell of course. until then we can only hope it will all happen as expected. COYB.

Jon Cox
108 Posted 23/03/2017 at 18:56:16
John (#98),

I reckon Pfizer would totally agree with your comment. :-)

Nick Armitage
109 Posted 23/03/2017 at 18:59:46
Larry Boner - you could wipe a smile off the face of Kriss Akabusi.
Steven Jones
110 Posted 23/03/2017 at 19:01:38
Patrick (#106 etc):

As well as LCC as guarantor – giving financial rating and lower interest rate – the Heads of Terms state that there is also a need for EFC to put certain revenue streams into designated accounts that – should the yearly/monthly fees not be paid – act as a safety net even before default and LCC act as guarantor.

Once North Liverpool is regenerated, then there are lots of upside for all stakeholders – hence lenders would see this as being very very attractive.

Imagine the Premier League and football general gravy train in 20 years time... backed by land and a waterfront leisure site.

All makes a lot of sense.

Peter Morris
111 Posted 23/03/2017 at 19:02:08
Clive (#99),

There is plenty of money slushing around in the world. Plenty. £300m is absolutely small beer. Everton have never been able to raise money in the past because the 'money people' haven't been confident of a business case, or that their money would be secure.

A number of factors have come together now to make this project viable:

● The land is available, at a known price.
● The draft business case prepared by the club 'stacks', not least because of the potential for massive stadium naming rights income, TV money and the rest.
● Farhad Moshiri will no doubt 'bridge' the funding requirement from his personal wealth with guarantees. This is how Abramovic, and the Abu Dhabis, fund Chelsea and Man City respectively. They provide guarantees which bridge funding gaps.

My hunch is that the biggest risk to the project now that Peel are 'out of the way' is that the complexity of delivering the building in such a difficult location, may escalate to such a degree that they threaten the model assumptions. This is not a simple design and build. There are complex ground works etc which are largely unknown. The costs could escalate way above model estimates.

By way of example, do you remember how the cost on the Millenium Dome escalated out of control? That was a disused gas works, and the contamination of the land was massively more expensive to clear that was originally assumed. That and other issues meant if it wasn't backed by the government, it would have gone bust.

Elstone is right to urge caution, but one step at a time.

Steven Jones
112 Posted 23/03/2017 at 19:05:28
Dare I say [whispered]:

Elstone appears to be doing a solid job at the moment. Quite a turnaround...

[Tin hat on, etc.]

Paul Swan
113 Posted 23/03/2017 at 19:17:49
Just to tie two threads together, anyone see the paltry 30 second report on this story on North West Tonight on the BBC?
John Daley
114 Posted 23/03/2017 at 19:18:37
"I think if my surname was Boner, I'd have a naturally pessimistic view of life too."

I would've thought he'd be well up for it.

I don't know what some were expecting to materialise today (apart from a fully formed, state-of-the-art stadium to suddenly spring forth from thin air like the Fortress of Solitude). This is the confirmation that was rumoured to be coming and, given the scale of the undertaking, is about as far as the club could feasibly be expected to have got at this stage.

From the limited information available, I don't see anything to set alarm bells ringing and, if anything, on face value, the club (and other parties involved) seem to have come up with an inventive solution to what could have been a sizeable first hurdle.

Jon Cox
115 Posted 23/03/2017 at 19:18:50
Nick,

Talk about making money on the way you laugh.

But, (or, for posh people, 'however',)

"You can't fool all of the people all of the time."

For those who doubt, if this is a planned fuck-up, then you can bet your life the we'll vote with our feet and, in 10 years time, we'll be competing in the Northern Premier League.

I think this is the real deal and for once, especially after the Kings Dock fiasco. Everton Football Club have listened (or taken account of) the real fans' views.

Media take note: The sleeping giant has batted an eyelid ...

Brent Stephens
116 Posted 23/03/2017 at 19:19:43
Peter (#107), "Nothing appears to be written in stone which, in true Everton fashion, is par for the course."

Exactly. Nothing is written in stone. That's the whole point of a Heads of Terms agreement!

Everton are keeping us up to speed. As so many on here scream at them to do so. Typical Everton if they don't! Par for the course.

Mike Green
117 Posted 23/03/2017 at 19:21:16
Brilliant news, as simple as that.
Dermot Byrne
118 Posted 23/03/2017 at 19:21:26
We are building a brand new hospital in Liverpool, due to open soon. A few hundred million and equally complex and costly. Would never have happened without similar private/ public cooperation. Should be fully state-funded – just like we should be able to buy our ground now and start work tomorrow.

But, just like the great days of NHS and Everton, the bottom line is the best long-term deal for patients or fans. Or you can watch patients and fans treated badly as we reminisce about days long gone and, if you take the pulse (sorry), of present politics/economics, never likely to return.

We owe our kids this and should pass some emotional ownership to them. Otherwise, we will have an empty new ground. On that note, is there a Young Blues Group?

Support Joe and the regeneration through the LCC website and the Echo. Time for us to act.

Dermot Byrne
119 Posted 23/03/2017 at 19:31:17
Sky Sports News Headline 7:00 pm

Let's support it.

https://liverpool.gov.uk/contact-us/complaints-and-feedback/comments-and-compliments/

John Raftery
121 Posted 23/03/2017 at 19:37:24
Securing agreement with Peel was the biggest obstacle in getting this project under way. Given Peel's reputation, I am surprised, but very pleased, this has been achieved so quickly.

Plainly there is much still to be done and much that could go wrong, not least the final costs associated with preparing the site. But today's announcement signals encouraging early progress so there is much to be positive about at this stage.

Roger Helm
122 Posted 23/03/2017 at 19:37:30
I like the comment that Everton FC will be part of the regeneration of the historic Waterfront, and North Liverpool, and part of the City Centre, just as Liverpool FC helped to regenerate er Anfield.
Dermot Byrne
123 Posted 23/03/2017 at 19:39:18
And if you cannot quite be arsed to actively express support to Joe (a fellow fan but more importantly someone seriously pulling off miracles of regeneration), just read last couple of pages of this and ask yourself could you look in the mirror if these folk scuppered our club and city. (That's me done... For tonight. Let's be smart lads. LCC is a democracy.)

http://www.redandwhitekop.com/forum/index.php?topic=315580.37520

Ray Said
124 Posted 23/03/2017 at 19:45:35
Andy Hunter (The Guardian) reports that:

'Under a proposal to be put before the council's cabinet next Friday, the local authority intends to create an SPV with Everton. If agreed, the SPV would secure the funds for the stadium. The lenders would acquire a 200-year head-lease of the land from Peel and lease the stadium to the SPV, which would in turn sub-lease it to Everton for 40 years. All the repayments would be made by Everton who, once the loans were paid off, would have the option to acquire the head-lease for the remaining 160 years from the funder.'

Paul Tran
125 Posted 23/03/2017 at 19:47:21
I would love to be able to feel the vibe on Merseyside right now. From the Highlands, this news looks very, very promising.
Joe O'Brien
126 Posted 23/03/2017 at 19:48:35
Clive, we've got a new owner who's loaded... his name is Farhad Moshiri, he'll foot the bill... and his buddy Usmanov will come on board before long. Wasn't it mentioned that he had investors waiting in the wings?

A massive day for the club. I, like everyone else, would have liked a design to drool over but building a £300m stadium takes a bit of planning I would think... but it will be built on the banks of the Mersey. I'm made up!

Tony Draper
127 Posted 23/03/2017 at 19:50:13
60 grand should be the target.
Seamus would like that.
So would William Ralph.
Ian Bonnette
128 Posted 23/03/2017 at 19:57:49
Whilst slightly gloating on Facebook, some RedShite has just threatened me... Haha... It's started!
Derek Thomas
129 Posted 23/03/2017 at 20:02:05
Subject to funding, I suppose that's prudent, I mean when you buy a house it's always subject this and that just in case.

I just hope that doesn't mean The Commonwealth Games and a running track... we've seen the pitfalls with that.

Anybody born in the '40s or even '30s might be thinking this is great, don't fanny around too much, just do it once, but do it right.

Peter Lee
130 Posted 23/03/2017 at 20:02:43
Just clicked on Dermot's RAWK link.

There are 940 PAGES of comments!

What are they worried about?

Clive Mitchell
131 Posted 23/03/2017 at 20:03:22
Chris, Patrick, Peter etc – thanks for your careful explanations. I think I even understand now how we're ever going to pay it back. I hope everyone who feels this is an unqualified good news story is proved 100% right.
Dermot Byrne
132 Posted 23/03/2017 at 20:08:30
At the risk of boring myself, never mind others, express support for the area and plan in bigger forums than TW. It is, in my simple mind, so important and a chance for all of us who may not be able to attend matches to join in a truly beautiful and powerful song together.

I know politics and the media well. Hit the airwaves in any way that suits you but, above all, support the council. See #119.

Post back here when you have supported and tell us how. We can create a snowball effect. Wonder if Michael and Lyndon could help if we do get motivated?

It is not new to rely on council support and vision as Man City will tell you, and remember their relationship with Man Utd years ago.

God, this has me motivated... And now knackered.

Chris Williams
133 Posted 23/03/2017 at 20:10:25
Clive

Me (and us) too!

Mark Morrissey
134 Posted 23/03/2017 at 20:13:36
Well, it's better news than Lukaku might be going and Rooney's on his way back... so I'm happy!
Brent Stephens
135 Posted 23/03/2017 at 20:13:43
Dermot, your initiative deserves a dedicated thread.
Dermot Byrne
136 Posted 23/03/2017 at 20:14:14
Clive... I reckon this is our last chance as a club in the top flight. We don't support this and it fails, I think the "fighting above our financial weight" days will be over and we will watch RS and the rest play their Euro games and we will be here arguing about a win over revitalised Portsmouth.
Clive Rogers
137 Posted 23/03/2017 at 20:18:40
I understand Tottenham's new ground will have numerous food outlets under the main stand offering different delicacies from around the world. They are calling it Deli Alley!!!
Jonathan Tasker
138 Posted 23/03/2017 at 20:23:55
No planning, no design, no visuals, no funding and no idea of how to fund raise .

Given that Moshiri is a billionaire, why isn't he funding it?

The statement was meaningless but maybe a lot of you are easily pleased.

Eugene Ruane
139 Posted 23/03/2017 at 20:26:46
£300m?

Piece of piss!

Lukaku and Barkley £100m+

Then (according to the Echo) - SportPesa are expected to be named as the Blues' new shirt sponsor, replacing long-term partners Chang, in a deal that forms part of a £75m windfall for the club.

So that's £175m.

Plus this season we'll cop for around £130m from the Premier League – Link

£305m – sorted, innit blood.

Then there's naming rights, Arsenal got £100m in 2004 (deal finishes 20-21). Man City got £400m and Spurs are looking for the same Link

There's only 20 Premier League teams, we're one of them, it's a 'brand' known worldwide, we should exploit that.

If Cunard or...w hoever want 'The Cunard Stadium' we should (like a big proper Premier League side) charge them like a wounded Rhino – start the bidding at £250m.

Sure, in the meantime, we'd have to flog a few shirts on top of that to pay the players and Mr Moshiri might have to dip into his bin from time to time, but if we keep Elstone and Kenwright away from business with the grown-ups, you never know.

Anyway there's the ground paid for and £250m over the odds – let's buy Lukaku and Ross back.

Up the Toffees!

(nb: 99.9999999% of the above is not meant to be taken too seriously.)


Dermot Byrne
141 Posted 23/03/2017 at 20:27:44
Brent: I Hope TW pick up on atmosphere on TW and harness it or at least create a place we can encourage each other to act. They have editorial considerations of course but hope they don't miss a chance to support.

I stress again, dark forces will do their best to ruin this once-in-a-lifetime hope with the horrid techniques of social media manipulation. Let's just be honestly supportive and if we can send a link back to TW where massive support for the club and city is expressed, that would help.

Of course, a sensible person will keep saying "early days", let's consider it more... and then more... and once again we will miss the boat again. But hey at least when we play Portsmouth we can tell our kids or grandkids that we didn't get carried away!

Brent Stephens
142 Posted 23/03/2017 at 20:33:29
Dermot - I've just flagged your comment to the Eds and suggested a dedicated thread to encourage and channel support for today's announcement.
Mick Davies
143 Posted 23/03/2017 at 20:39:41
How much will we get for Goodison and all its land? Any estate agents with an idea on here?
Alexander Murphy
144 Posted 23/03/2017 at 20:43:37
Eventually, this must happen. Mr Moshiri hasn't bought half of Everton to keep a blue leather armchair warm, has he?

Been too quiet far too long around "The Grand Old Lady", may be quiet for a while yet. But the silent era is ending.

We don't need a manager dancing up and down the touchline like some X-Factor contestant. Just one that Ross, Tom, Idrissa and Morgan – oh and Rom ('cos I do love the big lad) have faith in.

No dancing.

Seamus McCrudden
145 Posted 23/03/2017 at 20:43:59
Darren, that Red Breast is the finest of whiskey – enjoy!
Dave Williams
146 Posted 23/03/2017 at 20:46:07
Great news.

A project like this has to go through various phases. It's not sensible to pay an architect to design the stadium until we have secured the land.

Moshiri is an accountant and has been playing with the big boys for years now advising Usmanov on huge deals and making plenty for himself. I think we can trust him to have done his homework and have investors already lined up. This is a very clever guy and he is unlikely to risk his reputation by going off half-cocked.

This will take time – it is a £300m plus deal after all – but it looks to me like it will happen so all credit to all those involved.

Now for the RS...

Paul Johnson
147 Posted 23/03/2017 at 20:46:28
Just imagine Sky Monday night football mid December. The helicopter pans in down the Mersey. Chelsea are town for a top of the table clash and guess who the fucking analysts are Soumess and Redcrap both with faces like they have just stood in dog shit.

Today is a good day let’s enjoy it and smile about our future. Plaudits to Joe Anderson. What a legacy.

Colin Glassar
148 Posted 23/03/2017 at 20:47:19
I think we will be kicking off the 2020-21 season in our new home on the Mersey.
Dermot Byrne
149 Posted 23/03/2017 at 20:49:39
Ta Brent
Dermot Byrne
150 Posted 23/03/2017 at 20:54:20
For my 60th birthday, Colin!
Kevin Tully
151 Posted 23/03/2017 at 20:54:48
Make no mistake, this is the closest we have been to a 'spade in the ground' since we moved to our current home, 125 years ago.

There will be pension funds and private investors falling over themselves for guaranteed returns at decent interest on a scheme like this. Don't forget, the interest rates currently on offer are awful if you wanted a rock-solid investment backed by a large City Council.

The reported £14m a year repayment will look like the bargain of the century in 10 years. Think naming rights alone plus the £5m we are saving in interest payments we were shelling out every year to keep Sir Greedy in Dommy P.

I think we can rest safe in the knowledge we have a billionaire accountant putting this deal together. There will be no issues with planning permission as long as we can satisfy transport requirements. I don't think any Council will vote down a scheme which will bring millions into their coffers each year.

I'm fucking buzzing over this. It's happening.

Dan Davies
152 Posted 23/03/2017 at 20:56:16
Great news. The wheels are rolling. It seems at this point we have an actual plan that's going to come to something. Well done, Mr Moshiri, I'm well impressed.

Rewind 12 months and have a little think where we are now compared.

Seems to be a win win situation for all involved unless of course you have a wardrobe full of red shirts.

Anyways, don't be surprised if the funding for this to happen is traced back to roubles. All we need now is some designs to lick our lips over!

Colin Glassar
153 Posted 23/03/2017 at 20:57:08
Eugene, I like your maths/logic. COYB!!!!!!!!!!!!!!
Dermot Byrne
154 Posted 23/03/2017 at 20:58:21
With ya totally, Mr Tully.
Alexander Murphy
155 Posted 23/03/2017 at 20:59:06
Kev Tully, your final sentence is a belter!
Colin Glassar
156 Posted 23/03/2017 at 21:03:34
I just hope I'm still alive to see it, Dermot. You know, Sod's Law and all that.
Dan Davies
157 Posted 23/03/2017 at 21:06:47
Oh I forgot, we got Docky not Crocky! Hahaha.
Dermot Byrne
158 Posted 23/03/2017 at 21:09:59
Nah Col... Alive for our first Champions League homecoming!
Alexander Murphy
159 Posted 23/03/2017 at 21:14:26
Design ?
Design

Just rebuild "The Grand Old Lady" without the timber and the stanchions. Up the capacity to 60k

(In recognition of William Ralph and Seamus).

Doesn't seem bloody difficult to me.

Oh, and a geostationary satellite shining an impenetrable shaft of pure blue light .

Oh, and a dungeon for away fans (this could be optionally flooded when those with whale hunting tendencies are present).

Brian Harrison
160 Posted 23/03/2017 at 21:21:53
After a lot of false dawns it looks like its finally happening. I can't see why they wouldn't get planning permission, but I am sure there will be certain groups who will object. Let's not forget it wasn't money that stopped Kirkby going ahead, the Government called it in.

Let's hope Mayor Anderson was right when he said some months back he thought we would be in a new stadium inside 3 years. Although I think that might be a little ambitious. But if it takes a little longer, so be it.

Kenny Smith
161 Posted 23/03/2017 at 21:29:22
Can we just build one MASSIVE stand a season, so we can go on and on about it for ages and get the fixtures to benefit us for 4 years, please?
Brent Stephens
162 Posted 23/03/2017 at 21:30:50
Interesting that Anderson seems to have been the mouthpiece in terms of dropping hints about what was imminent. Takes the heat off those within EFC should anything go wrong.
Paul Smith
163 Posted 23/03/2017 at 21:31:49
I agree, Derek, on the Commonwealth Games situation. I hope we are not part of that.

I like the Lucas Oil Stadium design. It could be made slightly tighter to the pitch, has all the industrial fittings to suit a dockland, and looks like a proper football home.

I can envision the brickwork now in blue columns. I think it would look fantastic and I am sure plenty of fellow blues will have their idea of a state-of-the-art design.

Nicholas Ryan
164 Posted 23/03/2017 at 21:32:18
People are saying 'nothing is written in stone'. Funnily enough, the words 'Bramley-Moore' are, literally, written in stone!
Dermot Byrne
165 Posted 23/03/2017 at 21:34:14
True re Joe A. Hence he needs supporting.
Colin Glassar
166 Posted 23/03/2017 at 21:38:07
Hope so, Dermot. I think we all deserve to see the glory days return.

I think it will be an ultra-modern arena/bowl as the wind factor will have to be taken into consideration. I'm not worried about a track as modern technology has solved that.

Dermot Byrne
167 Posted 23/03/2017 at 21:41:38
Support Joe, Col!
Mike Green
168 Posted 23/03/2017 at 21:43:16
I vividly remember Liverpool fans holding banners high and chanting "The City Is Ours" at the derby at Goodison Park 10 years ago.

Fast forward 10 years and it's strange how fate can tee things up, what with our next game being the derby at Anfield...

Jakob Herd
169 Posted 23/03/2017 at 21:45:24
There are two things I like about this:

1. Despite peoples views of Bill Kenwright, there are 'football people' making decisions here and not just designers and engineers.

2. To be on the waterfront, it will need to have architectural merit.

A stadium with football and supporters in mind inside and, architecture and aesthetics in mind outside, sounds very impressive.

Colin Glassar
170 Posted 23/03/2017 at 21:51:31
50,000 capacity according to several reports. Bit on the small side isn't it?
Dermot Byrne
171 Posted 23/03/2017 at 21:52:30
They'll do it again if we don't do our bit, Mike. Club has influence and very worried fans.

Support Joe and north Liverpool!

Night all. Good day today.

Tony Hill
172 Posted 23/03/2017 at 22:12:46
How will these commitments leave us with our transfer budgeting? Very cautious probably. Is it a trade off, stadium against players? Who knows?

Everything is in flux at the club, apparently, and I find it difficult to discern the truth about us – especially where our money is going to come from. I admire the optimism on here and the vision of investors queuing up and hope those bright ideas come good.

But I wish things were less intricate and speculative. Complex financial structures always make me nervous because I tend to think that something is being hidden and sometimes what's being hidden is the absence of serious content.

Fingers crossed.

Ian Riley
173 Posted 23/03/2017 at 22:14:35
I feel this has a long way to go!

However, it sounds more promising as the basics are being done first. No flashy brochure handed out of the stadium proposal before land and finance sorted.

I feel the new owner wants to get on with it and with his contacts to sponsor the stadium, and invest in the club. That might mean £150 million sorted already. Sell Lukaku and Barkley for £115, there's £265 million. Three sides of the stadium sorted. Have a raffle at the Red Lion should sort the rest out! Don't know why everyone is worrying? Simple really!

Start packing – and don't forget Dixie!!!!

Andrew Clare
174 Posted 23/03/2017 at 22:18:17
It's gotta be a 60,000 capacity. 50,000 is way too small and shortsighted. Hopefully it's just a starting figure.
Patrick Murphy
175 Posted 23/03/2017 at 22:25:21
Tony (#172),

I would imagine that the season ticket takings each year would cover the repayments or near enough, eg, 30k tickets at £500 equates to £15m per season; circa £4m per season to the Council and the rest to the lenders, so it shouldn't impinge on team building too much.

Without this sort of deal, we'd be spending the rest of our natural at Goodison and that just isn't feasible. I also think that, if this deal does go through and we build the stadium, the terms of the deal may prevent any sort of hostile takeovers by carpet baggers in the future.

Everton FC has spent lots of money on interest payments in the last decade or so which didn't benefit the club one iota, save to keep us afloat.

Obviously finding the lenders/investors is easier said than done but surely the location will draw many monied people and institutions into the scheme?


Zahir Jaffer
176 Posted 23/03/2017 at 22:27:04
50,000 means it will always be full and the ground will always be shaking!
Chris Leyland
177 Posted 23/03/2017 at 22:27:55
As those twats from across the park have been allowed to steal the symbol of OUR city, I want to see our new stadium incorporate a phoenix rising from the ashes and transforming to become a blue liver bird.
Tony Abrahams
178 Posted 23/03/2017 at 22:54:13
I'm cautious, but extremely happy, especially considering that it looks like Moshiri is working in a field in which he obviously excels. But Dermot is right and quite a few of football's most phoniest fans will be absolutely seething on the sly. (Hell have no fury, like a kopite scorned!)

Darren, if you open that bottle, mate, then don't forget to toast the main men/women at KEIOC who fought so hard to stop us going to a cowshed in Kirkby!

Early days, but we now need a 50-foot Royal Blue flag to be taken into Anfield next Saturday. Written in white, with the immortal words, "ON THE BANKS OF THE ROYAL BLUE MERSEY!"

Damian Wilde
179 Posted 23/03/2017 at 22:54:58
What about new dock style songs. Something about 'sittin' on the dock of the bay, watchin' the...'

I'm crap at penning lyrics (my skills lie elsewhere 😃), anyone else...

Chris Leyland
180 Posted 23/03/2017 at 22:57:34
Damian:

"Sitting on the dock of the bay... watching the shite heading back to Norway."

Tony Hill
181 Posted 23/03/2017 at 23:01:01
Patrick (#175), I am sceptically optimistic and, in fairness to Elstone, he has spelled out the problems which lie ahead as well as the prize if we manage to reach the end.
Chris Leyland
182 Posted 23/03/2017 at 23:01:51
Tony (#178) you are right. I confess that at the time, I was initially swayed by Kirkby as I just wanted some sort of evidence that something was happening to develop the club. But thank God for KEIOC and the work they did in exposing Destination Kirkby for the sham it was.
Paul Birmingham
183 Posted 23/03/2017 at 23:23:46
It's great news and the first stage in the process and a long way to go but Cllr Joe has played a blinder. When the plans are drawn up and hopefully 55-60k capacity are made public, it will be real and happy days ahead for our club.

nb: What happens after 40-year lease is up and would the club be in effect tied in tenants? West Ham's is 100 years so is it linked to the cost repayment period?

Thanks to those who understand and can explain this for me. Famous day in our lives and hopefully a new dawn begins for EFC.

Andy Duff
184 Posted 23/03/2017 at 23:29:01
Before I get jumped on for being negative, I'm over the moon about this. However, I have two major concerns.

Capacity – 50,000 is too small.

After paying £576 million over 40 years for a £300 million stadium, we still don't own it. 40 years later, we can then buy the remaining 160-year lease. How much will that cost us then?

Seems we are paying a hell of a lot for something we won't even own. This is not like a mortgage – it's only a lease.

Damian Wilde
185 Posted 23/03/2017 at 23:32:20
Chris, love it 😃

So is it defo just 50,000? I hope there's no running track either, need us lot near the pitch.

So what's happening with ownership, etc. Who will own it? Why wouldn't we?

Phil Bellis
186 Posted 23/03/2017 at 23:49:28
Sounds like we have professionals in charge here... Hope it comes to pass.

We'll be sitting in their face on the 2nd most iconic waterfront in the world, they'll have a great view from the top of their loft conversion...

Bitter? How long have you got?

Andy Duff
187 Posted 23/03/2017 at 23:52:10
This as copied from most articles:

"The lenders would acquire a 200-year head-lease of the land from Peel and lease the stadium to the SPV, which would in turn sub-lease it to Everton for 40 years. All the repayments would be made by Everton who, once the loans were paid off, would have the option to acquire the head-lease for the remaining 160 years from the funder."

Steve Smith
188 Posted 23/03/2017 at 23:52:24
I suspect the main "lender" will be our very own Mr M.
Raymond Fox
189 Posted 23/03/2017 at 23:54:49
Like many in the thread say, we will still be a poor relation to some clubs with a 50,000 capacity stadium. Go the last mile and plan for a 60,000+ one. We may not fill it from the off, but if successful enough we will.

Okay, we have to persuade the money lenders to fund a larger stadium, but at least give it a try.

Damian Wilde
190 Posted 24/03/2017 at 00:08:02
Love it, Phil. 😃😃😃
Kieran Kinsella
191 Posted 24/03/2017 at 00:12:53
I think 50,000 is right. Bear in mind our prices are very low compared with many clubs. That's because of economics.

Generally prices rise to cover the cost of a new stadium. If we can't always fill 40,000 cheap seats, where would we find 60,000 people willing or able to fill more expensive ones?

Juventus down sized in part to get a better atmosphere in a full stadium after years playing in a half empty one. Chelsea players were quoted as saying it was easier playing West Ham in the white elephant than the smaller but packed and vocal Upton Park.

Shaun Lyon
192 Posted 24/03/2017 at 00:27:45
News that is simultaneously massively cheering and yet also sad... Things must and do change. If they didn't, after all, we'd still be playing at...

Okay, let's not go there..

Eugene at 28 - '..cue fuming poltroon in gravy-stained Liverpool shirt.'

'Fuming poltroon' – excellent indeed. Sir, you are a poet.

John Pierce
195 Posted 24/03/2017 at 01:36:53
You would think that the Bradley-Moore Dock doesn't get this far unless Moshiri knows that the next steps are viable and with minimum risk. So I feel confident about the whole thing. I posted earlier that the only real hurdle for me was the funding and that it didn't cripple the club.

The arrangement is different but looks sustainable without being too burdensome, so unlikely to hinder the transfer policy nor should it.

I'm still wondering if given the dockland situation whether it will be sunken, to give it a nice low profile, out of he wind with room for expansion.

Dan Meis, architect has already changed his Twitter background to Bradley-Moore Dock!

Can't wait for the yacht berths on matchday. 😆

Paul Bromley
196 Posted 24/03/2017 at 01:39:03
So what happens to Goodison? Who owns that?
James Welford
197 Posted 24/03/2017 at 02:55:28
@John 195 - love it. Could we be the first club where the players have yachts rather than Bentleys parked outside?!

Today's news is so exciting. Even the Riverside looks amazing on fly-by panning shots on MOTD etc what about our new stadium, at night, blue fireworks going off (reflected in the waters of the Mersey), Z-Cars playing, 50k fans packed into a proper new football stadium, for another evening of Champions League football!

Laurie Hartley
198 Posted 24/03/2017 at 03:35:14
I was wondering who might be interested in stumping up £300m for a football ground (with naming rights of course) and then I had a Eureka moment!

Here is a clue:

https://en.m.wikipedia.org/wiki/Finch_Farm

Derek Rye
199 Posted 24/03/2017 at 05:38:31
Please, a proper soccer stadium for 50 years of football – not a hybrid for 5 days of Commonwealth Games!
Adam Luszniak
200 Posted 24/03/2017 at 06:52:18
Andy, where do you get £576 million from?
John G Davies
201 Posted 24/03/2017 at 07:02:57
http://www.liverpoolecho.co.uk/

The Echo showing their enthusiasm over the new ground.

Note the articles about Everton are below articles about rats nesting in a car in Huyton amongst other articles of more importance.

Terry Farrell
202 Posted 24/03/2017 at 07:05:00
I believe we would fill 60,000. Cheap tickets for our young supporters of tomorrow will do it. Please include a safe standing area behind one goal and amen to no running track.
Ernie Baywood
203 Posted 24/03/2017 at 07:23:43
If we were borrowing money off USM, we wouldn't bother with paying £4M a year for the Special Purpose Vehicle setup?

Presumably we know we can access funds due to the Council's guarantee so that side of things shouldn't be a problem.

Still something in the back of my mind that says this still has a way to go... We've had a 'deal agreed' before.

Thomas Lennon
204 Posted 24/03/2017 at 07:25:54
A watershed moment for Everton and those adding up the cost of a mortgage and fretting remind me of my dad 30 years ago. Sadly no-one would own a house without one.

Wasn't a flat pack stadium in Kirkby going to cost £300 million? With all the new complexity I don't think we should be surprised at twice that before we take our seats.

Ernie Baywood
205 Posted 24/03/2017 at 07:26:30
With capacity, I'd hope they can find a design that allows easy expansion. I'm not convinced we want more than 50k just yet.
Colin Glassar
206 Posted 24/03/2017 at 07:51:16
I'd like at least 55,000 cap but like Ernie says, future capacity expansion will probably be factored in. I'm certain we can get 50,000 Evertonians into a beautiful, purpose-built, comfortable, modern arena and we can top it up with 5,000 plastic hangers-on who will inevitably want to "join in" the matchday experience.

I also think it's important that we follow the lead of our American cousins and turn matchdays into a whole-day experience, ie, people don't just turn up, have a pre-match pint then go home. We should have cafes, restaurants, pubs, arcades etc so families can spend the day, in comfort, in and around the stadium. The stadium should also be able to hold concerts and other sporting events so it's not an empty shell every other weekend.

I imagine Moshiri and Co have thought of this as it's a way of getting their money back quicker.

Dermot Byrne
207 Posted 24/03/2017 at 08:00:22
RS are starting:

"If you're a local, this could be the most important part of this plan. Potential loss of World Heritage Site status.

World Heritage Site:

Bramley-Moore Dock is within the UNESCO designated Liverpool Maritime Mercantile City World Heritage Site (“WHS”)."

Back the plan and the investment in North Liverpool:

https://liverpool.gov.uk/contact-us/complaints-and-feedback/comments-and-compliments/.


Andy Duff
208 Posted 24/03/2017 at 08:14:16
£14.4 million times 40 is £576 million. This is not a mortgage in the true sense. What do we own after 40 years? My worry after 40 years is we still have to buy the remaining 160-year lease or pay an amount each year. How much will we still have to pay?
Joe O'Brien
209 Posted 24/03/2017 at 08:28:52
Ernie, I'm with you. I wanted a bigger stadium but a 50k-seater sounds best. It would be better to get used to our new surroundings and get a nice cauldron going... then get increase the capacity and get louder and louder.

Dermot, it was always going to happen, any kopites I know go on about that they are not bothered but you can see that they are fuming inside.

Mark Taylor
210 Posted 24/03/2017 at 08:32:11
Interesting article here comparing the cost of English league stadiums (adjusted for inflation).

Revealed: How the cost of Tottenham's new stadium compares to other teams with new-build grounds

Gives a good sense of what £300m might get you. Looks like we are in the Ethiad, Tottenham ball park and spending way in excess of the costs of the standard bowl stadiums like Leicester, Cardiff, Southampton. Looking forward to seeing the designs!!

Andy Duff
211 Posted 24/03/2017 at 08:33:28
Thomas at 204. I'm well aware of mortgages and owning a home. That comment was very crass.

This is not a mortgage; it specifically states a lease for 200 years. So the question on what we own and how much extra we have to pay is entirely a valid one.

Mark Wilson
212 Posted 24/03/2017 at 08:53:20
When you read this piece in The Guardian's excellent Sportsblog, you do get a tingle!

https://www.theguardian.com/football/blog/2017/mar/23/Everton-bramley-moore-stadium-goodison-park

It's all, tentatively, looking like a great iconic presence and claiming the city centre...ish and basically the River Mersey; well, that's just gorgeous, isn't it, and so, well, People's Club.

However, I'm nervous. The framework / enabling deal for the land, the SPV, even the repayment options, I get. But Mr Moshiri not contributing, at all? That I don't get. Haven't we criticised others at the club for not actually using their own money to progress us?

Our proud new owner has been pretty effective so far in different ways. I personally think he's presided over two hugely disappointing transfer windows that have likely cost us a Champions League place this season. I don't think we've taken managed risks in the market and are two players short right now of that coveted Champions League spot.

So be it, the guy's going to be a real asset for the club over time but basically it's looking like he's invested heavily to buy us and hasn't really added large transfer (yet) and now isn't going to add to the stadium project which, to be fair, is sort of what we were sold on when he arrived? Or was it?

It all feels a bit Everton but I'm honestly not having a real go at Mr Moshiri – it's just this nagging busy bee sound in my head that's constantly saying "We finally find a very rich person to buy us but end up with massive stadium debt and perhaps not quite the capacity or iconic design we want because £300m is actually not a lot for a riverside stadium where infrastructure work will probably eat up a third of that cost, leaving us with a £200m iconic stadium?

Still, read that Guardian piece and the above fades away and the pulse races and I think, ffs, I will be long gone by the time we default on the mortgage and it all goes to shit but, in the meantime, I may just get to see us assume our rightful pride of Merseyside place whilst Big Stand lot end up in a new housing estate on the way out of the city.

Dermot Byrne
213 Posted 24/03/2017 at 08:59:34
Mark (#212): I reckon we are all a tad nervous. To me, I just think this scheme is pivotal to whether the club has a future in the Premier League or not. Feel the risk is as much a risk as doing nowt and then slowly sinking. Good Guardian piece

Dave Williams
214 Posted 24/03/2017 at 09:00:26
We are in good hands – this is what Moshiri does. With him taking the lead and the experience of Keith Harris, not to mention the likes of David Dein, who is one of Bill's big mates on hand to advise, this is going to be run by professionals.
Kevin O'Regan
215 Posted 24/03/2017 at 09:13:39
Great news indeed. I think the capacity will be a big decision – obviously there will be a need to recuperate costs as much as possible, by tickets (whoever can afford…), catering, VIP lounges etc.

We have to be careful though that it remains affordable for the average punter – otherwise no point upping the capacity by 20k and having 15k empty seats and no atmosphere.

But I'd rather have a booming full house of 50 thousand real fans than 60 thousand capacity and loads of empty seats as they're too expensive or some corporate VIPs are too busy with prawn sandwiches.

Ideally to have the option of increasing at a later stage too, once we start winning the Champions League on a regular basis… :)

Brent Stephens
216 Posted 24/03/2017 at 09:20:07
My wife asked if they've chosen the curtains yet. Tch.
Simon Jones
218 Posted 24/03/2017 at 09:30:24
Brent (#216), yeah, the curtains are blue, what else did she think we were gonna have?
Brent Stephens
219 Posted 24/03/2017 at 09:31:15
She wants nets, Simon, so the RedShite can't see in.
Simon Jones
221 Posted 24/03/2017 at 09:37:59
And we have the curtains so we don't have to see them
Ray Roche
222 Posted 24/03/2017 at 09:38:21
Kevin#215

"But I’d rather have a booming full house of 50 thousand real fans than 60 thousand capacity and loads of empty seats as they’re too expensive or some corporate VIP’s or too busy with prawn sandwiches."

My thoughts exactly. I've mentioned on here a couple of times that, if we DO need more than 50k on a regular basis, that the seats could be concealed rows at the back of the stands which could be revealed as and when deemed necessary, thus eliminating the prospect of loads of empty seats around the pitch. The Etihad looks terrible with all those empty, pale blue seats on show, despite the club claiming 50K attendance.

We're fans. Not tourists.

Graham Mockford
223 Posted 24/03/2017 at 09:45:58

I don't think it's any surprise that any new stadium has to stand up as a financial investment on its own terms. The club has been pretty clear. I'm pretty sure Moshiri is an investor as opposed to a benefactor/vanity owner as seen at Chelsea and Man City.

That's why getting the capacity right is an important part of the investment proposal. You need to be able to fill the stadium at a 'normal' pricing position. It may well be possible to fill a 60k stadium but there's no real financial return if you have to discount prices to do so. And the bigger you build the more it costs and also to run.

You also have to discount any existing match income from the equation. It's only the incremental income we get pays the investment. And we currently get about £20m gross matchday income each year.

I don't know what the numbers say but my gut feeling is 60k is unrealistic.

Sam Hoare
224 Posted 24/03/2017 at 09:56:16
Sounds good to me. 50,000 is a good start and I'm sure it will be made to be easily expanded if needed.

Far better to have sold out games with a fantastic atmosphere in a 50,000 stadium and create something special than risk empty seats in a bigger one.

Vincent Steele
225 Posted 24/03/2017 at 09:57:09
I was sent this link in work. Seem to have full details of the deal:

Everton FC New Stadium – Proposed Deal Terms

Morgan Edwards
226 Posted 24/03/2017 at 10:07:15
Tony (#178), I love that banner idea, it would sicken that lot at Mordor.
Eric Myles
227 Posted 24/03/2017 at 10:08:01
Mick #143, £8-10 mill
Paul Birmingham
228 Posted 24/03/2017 at 10:16:04
Let's hope that ground work on the soil and underlying structures has been done, I'm sure on such a grand scale project EFC will have undertaken the basic checks before committing to buy the ground.

You never know what will be found in the dock when it's drained and piled for the foundations, could be some bounty to pay, towards the costs.👍

Gonna be some work plan... Let's hope there's some momentum now and this plan progresses.

Thomas Lennon
229 Posted 24/03/2017 at 10:18:17
Also I am pretty sure that UEFA FFP rules take a dim view of an owner paying inflated amounts into a club in the guise of sponsorship:

UEFA Financial Fair Play Regulations – Wealthy Benefactors

If large payments were made into the club for the purpose of building a stadium, things probably get complicated accountancy-wise as we also spend money on players as this money flowed in (even though FFP rules are supposed to exclude infrastucture). Much simpler and clearer to create a standalone company to build the stadium which will presumably also run the stadium once built (a little like the council owned Etihad was run). The only money going through Everton's books is the interest payments to the third party until of course it is in use.

This also creates a big secure bucket for investors to use freely to fund the stadium. Any contributions by a group such as USM would look like investments rather than sponsorship.

A quick glance at how the Emirates was funded suggests the complexity required to build these structures:

Arsenal confirms funding for Stadium project

Brian Hennessy
230 Posted 24/03/2017 at 10:27:46
Thanks for that link Vincent, lots of info - this bit stood out..

Commonwealth Games 2022

Press reports recently confirmed that Durban is stripped of host status for the
Commonwealth Games 2022 and organisers are exploring options for a
replacement host. The Council has formally written to the organisers and put
itself forward as the 2022 Games Host. Liverpool will continue to prepare its
bid for the 2026 Games, with an accelerated timetable for 2022 Games
provision. The proposed new Stadium could play a key part in the
Commonwealth Games bid and discussions will take place with EFC about
this opportunity in due course.

Eugene Ruane
231 Posted 24/03/2017 at 10:30:25
"60,000...no um..70,000...I mean 80,000 with the facility to add another..."

Re capacity, with any ground move discussions I've seen in recent years, I've always thought any figure over 50,000 to be wishful thinking.

For all the posts I've seen suggesting over 50,000, I don't think I've ever seen a (sensible/believable) accompanying plan saying where another 15-25,000 Evertonians are supposed to come from.

At 50,000, I believe we could probably just fill it, but imo that would involve tickets being available (and promoted) through city hotels, weekend deals and giving them to local schools.

My mates (the blues) come in two categories - those who regularly go to the match and those who (more or less) never go.

I can say with absolute certainty that those who don't go now aren't suddenly going to go coz the ground is new.

As for increased gate revenue, I personally don't believe it will significantly increase and believe the club would be insane to expect it

For the Sky/PL brand, empty grounds look bad (on telly) so prices (specially outside London) need to be kept down and affordable.

Amongst our current 39,000 regulars, there are a lot of kid's season tickets (£100?) sold and my mate who has just retired gets his next year for £300. I'm happy(ish) to pay the £500+ that I pay right now, but if there were any significant jump in price, it would probably be game set and match for me.

I remember last year a spokesman for the Football Supporters Federation (involved in getting a fairer deal for supporters etc) saying that with the new deal clubs were getting from Sky/BT, they could afford to let supporters in free and they's still be making more money than before.

Most revenue for teams (in austerity Britain) comes from TV, corporate and sponsorship so if prices are kept low, finding 10,000 new match-going 'Evertonians' might just be possible, but more than that, imo, no chance.

Personally I would hate to sit in a huge spanking 70,000 seater stadium looking at 15,000 empty seats.

If that was the case, people wouldn't say "Everton have 16,000 more supporters going than when they were at Goodison" they'd say "Yuz caaaaaan even fill yer ground lad, it's fuckin' empty lad, swear down lad" etc etc.

(from a business perspective, I would make sure there were loads of boxes though, EVERY night in the Echo there's a new cannabis farm discovered and cash needs 'rinsing' and our many local bone-headed gangsters need somewhere to show off their bling, tats and dead-eyed, satsuma-coloured, screechy tarts)

Ian Horan
232 Posted 24/03/2017 at 10:32:03
By using a SPV for the build, this will mitigate any loses on Everton if it goes tits up. I also believe that this circumvents the FFP rules whilst it is built and Everton repayments of £14 mill per year for 40 years also reduces the impact of any transfer budgets. All-in-all, a very astute project package. Good times are a coming.

Oh, what time is the Roger Philips phone in on Radio Merseyside today?

Gordon Crawford
233 Posted 24/03/2017 at 10:37:27
It needs to be more than 50,000 seats. Don't forget other teams will bring anywhere from 2,000 to 5,000 fans to our new ground. So that means it would only have around 45,000 fans. And that's not including VIP boxes.

55,000 is the minimum we need.

Eric Myles
234 Posted 24/03/2017 at 10:37:38
Paul (#196), the man from the Pru' at the moment.
Brian Harrison
235 Posted 24/03/2017 at 10:50:02
Eugene

I am lucky enough to qualify for my season ticket at £340 and my Grandson who is 7 is enjoying his second year as a season ticket holder at £92 per season. I agree that sitting in a half-full stadium wouldn't be a great experience or look good for televised games.

But the great thing about the construction of many modern stadiums is the ability to add to the capacity as and when demand is there. The beauty of it being on the docks we will have the room to increase the capacity.

Old Trafford and St James Park have been increased over the years, so it is nothing new to increase capacity.

As for where the extra fans will come from, well success on the pitch will increase the number of people wanting to watch the team. Also Everton have shown themselves to be forward thinking in the reduced tickets for OAPs and young children. Well maybe they could fill any empty seats by offering greatly reduced prices to fans who may be unemployed or to the low paid.

Also, why not introduce a standing area, and maybe a specific Boys Pen as a nod to our Chairman.

Thomas Lennon
236 Posted 24/03/2017 at 10:57:54
Those concerned about paying £580 million over 40 years – remember those figures are likely to be fixed in £ terms and in 40 years time that £14 million payment is likely to be worth about £4 million in today's money. The £580 million is likely to be worth £150 million.

The cost looks high from this end but well before 2057 (minus 1 day) it is likely to be peanuts and the value of the stadium and the club many times more.

Also remember that we are setting up this third party company with LCC. This is not a current funder with shareholders to please it is likely to be under our control. Who will profit? – LCC are getting their share up front (and fair enough) the company will pay interest using money from Everton. We are its only customer. Do you think the terms after 40 years will be onerous? This is not at all like Finch Farm.

Open questions – who owns the stadium on completion? I assume the third party company. Who will run this third party company?

NOTE: This is all just guesses and deductions by myself based on what little we know. I could be miles off!

Andy Osborne
237 Posted 24/03/2017 at 11:00:47
Ray (#222),

I am a scouser and a former season ticket holder in the 80's but I now live in Perth. I try and get back to the uk every couple of years, in my heart, I am not a tourist, but to all intents and purposes, I am, along with my three sons (all avid Evertonians).

So a few "tourists" seats would be nice, so we can watch our team in our new stadium, rather than watching it on TV in a pub around the corner, or only being able to attend away games.

If they can squeeze an extra four in, that would be great!!

Thomas Lennon
238 Posted 24/03/2017 at 11:05:50
We can be sure prices to attend the new enhanced waterfront experience will be higher, there will be much better quality on offer & no restricted views.

I think another benefit of having control of the whole area is we can invest and will profit from the whole area – again Moshiri & friends were brought up on the Emirates model and will have learned many of the important lessons.

Geoff Williams
239 Posted 24/03/2017 at 11:28:02
Hope it really does happen in my lifetime.
Derek Thomas
241 Posted 24/03/2017 at 11:31:55
Re. empty spaces; easy enough, put all the tourist, away fans, somedays full, somedays empty, depending on the opposition seats, under the side where the main TV cameras are...

Result: @ 45, 49, 52, 57, 60k attendance, the ground always looks full.

Mike Galley
242 Posted 24/03/2017 at 11:33:07
I'm of a similar mind to Eugene #231. I'd probably go a little higher, maybe 55,000. But I think this would need some imaginative marketing/pricing strategies to fill the seats. Obviously, if it's possible to allow for future expansion (because, well you never know!!!!), than this should included in the design.
Dan Nulty
243 Posted 24/03/2017 at 11:40:35
The question is who is 'the Funder' in the document. Presumably whoever it is has agreed to this already as otherwise this is all pie in the sky. Given they own the 200-year lease upon completion this is not going to be a Bank so would guess it will be some SPV involving Mosh/Usmanov etc.

If the stadium is costing £300 million and the repayments over 40 years work out to £560 million then that suggests an interest rate of around 2%. Not exactly taking the mickey, the issue is whether the club will be in a position to buy the stadium in 40 years or be held to ransom.

James Marshall
244 Posted 24/03/2017 at 11:41:16
Here you go, this at least gives a bit of an insight into what things will hopefully look like in the future:

Link

James Marshall
245 Posted 24/03/2017 at 11:49:34
For what it's worth, and I don't have any sound business-backing for this, I'd like it to be a 55,000-seater ground – that seems like a reasonable amount for us to fill each week, without it ever having massively empty areas.

It would also be just a tiny big bigger than Mordor.

Gordon Crawford
246 Posted 24/03/2017 at 11:54:05
That looks alright, James. :)
Andy Duff
247 Posted 24/03/2017 at 11:54:07
This is a great read hope I copied the link correctly. I've no objections to the amount more the ownership after 40 years. This clears things up a little:

Summary of Everton, Peel and Liverpool City Council proposals for Bramley Moore

Peter Morris
248 Posted 24/03/2017 at 11:57:17
Dan (#243),

your numbers look perfectly rationale, but the bigger figure, £560M, factors in the interest cost of servicing the debt over 40 years, and the interest is paid annually out of income, of course, so is far less intimidating when looked at like that.

In terms of the outstanding capital balance, that will be left after 40 years (let's assume that it is kept at £300M for argument's sake), it would be massively eroded by even the most conservative estimate of inflation. It's caused by the impact of compounding. It makes a HUGE difference. A bean counter out there could model the numbers.

In any case, in 40 years, £300M will probably amount to the cost of a meal out for 4 in Wetherspoons, if you get my drift?

Brian Furey
249 Posted 24/03/2017 at 12:05:50
I know nothing about building stadiums but I'm wondering would it not be smart to build it for say 60k and then use temporary walls/partitions near the top of each stand to cordon off the top 10-15 rows so that you use those seats in the future or as you need them.

Surely when you building something new, it's easier and a lot cheaper to build it all at the one time rather than coming back 10-20 years later and building on an extension.

Eugene Ruane
250 Posted 24/03/2017 at 12:06:38
Brian (#235),

As for where the extra fans will come from, well success on the pitch will increase the number of people wanting to watch the team.

You would certainly think so and success would of course have some effect, but maybe not as much as you might think.

Looking at our past (average) attendances (Link) the 'pattern' seems to show that while those who actively support Everton are incredibly loyal, there is (kind of) a limit on what we can expect and a limit on the amount who are... um... 'chosen.'

Maybe because our team represents a district rather than a city (eg: Newcastle) or maybe because the city's population has shrunk over the years (nb: yes I'm guessing) or maybe because we've never done the sky performing monkeys football tourism thing (Chelsea and Man City have both won a lot recently but have nowhere near the profile of Man Utd or 'them' and won't anytime soon).

From what I can see, in 1963 when we won the title (an era when, for working class people, there was fuck all else to do in Britain) we had our best average ever of 51,000.

However, in the most successful period we've ever had 84/85/86/87, our average attendances were (rounding figures up) 20,000, 32,000, 33,000 and 33,000.

I understand that the Premier League has changed everything, but my guess is that around 35,000 is the amount of Evertonians who can be relied on to turn up no matter what and 50,000 probably the max, even if we were doing really well.

I repeat, all guesswork on my part.

Ray Roche
251 Posted 24/03/2017 at 12:14:52
James Marshall (#245),

James, funniest thing I've read for ages is amongst the Twitter comments on your link... The Scallianz Arena... brilliant!

James Marshall
252 Posted 24/03/2017 at 12:17:39
Yeah I posted a few of those yesterday, Ray – the Ketihad was another favourite. Or the San Giro.
Ray Roche
253 Posted 24/03/2017 at 12:20:06
Brian Furey (#249),

Brian, I know nothing about stadium design either but I've banged that concealed seating drum several times since Bramley-Moore was mentioned, the last time on post 222 today. I hope someone at the club thinks it's a good idea too.

Tony Abrahams
254 Posted 24/03/2017 at 12:25:44
On a previous thread, Jamie Crowley said that once a stadium, goes over a certain capacity then you lose intimacy, and I tend to agree with him, when you are talking about new stadiums anyway.

The only exceptions seem to be in Germany but they still allow standing over there. Maybe Everton will also reintroduce standing, who knows?

Chris Leyland
255 Posted 24/03/2017 at 12:28:02
You could look at Man City's average attendances which went up when they moved to their new stadium in 2003. Their average attendance over the first 3 years in the new ground was at circa 45,000 which was around 11,000 a year higher than their last 3 at Maine Road. They then dipped a little before recovering and rising a little more to around 47,000 before rising again last season to 54,000, a level at which they have remained this season.

So, in the first 12 years since they left their old ground they added between 10-13 thousand more match-going fans before leaping to now what is 20,000 more.

Kevin Tully
256 Posted 24/03/2017 at 12:38:04
Mark Wilson (#212) – You say: But Mr Moshiri not contributing, at all ? That I don't get. Haven't we criticised others at the club for not actually using their own money to progress us ?

Are you forgetting about the £180m or more he's had to plough into the club just to bring us to this stage?

He's had to pay around £90m to Bill & Co for his 49%. He has cleared our debts of more than £80m and paid off the mortgage that meant we could NEVER leave Goodison Park.

Add in funds for players, tarting up Goodison & the sacking of Martinez then I'll think you will find this guy has actually spent a fucking fortune rescuing us from the mess Bill and chums had got us into. People think businessmen such as Moshiri actually have billions in cash lying in a bank vault!

The man walks on water as far as I'm concerned.

Erik Dols
257 Posted 24/03/2017 at 12:38:37
Tony Abrahams (#254) – very good point. In Germany big, big stadiums can still feel intimate and have a great atmosphere. Just look at Bayern Munich or Borussia Dortmund. In the competition they have over 70k and 80k in their stadiums respectively. That number is closer to 65k for both in Europe (when it's all-seater). Great atmosphere inside. In most other countries, new big stadiums feel soulless.

If possible, I would love it if standing was re-introduced at one stand in our new stadium. Or even just the lower tier of one stand. It will help greatly in having a great atmosphere.

Graham Mockford
258 Posted 24/03/2017 at 12:39:55
Eugene (#250),

Your last sentence is very true, it is just guesswork or at best educated speculation. In reality there is a relationship between potential attendance and pricing structure.

West Ham are getting 55k+ attendances based on very aggressive prices. The cheapest in the Premier League.

There is a point on this demand curve that is the most profitable and it isn't necessarily at the highest possible attendance end of the curve. The club will have a fair amount of data as to what happens when they play with pricing. They know for instance how many potential missed sales they have when they sell out. However ,they will still have to make assumptions about increased demand due to a new location etc.

They also have to balance the risk of the various options. All that being said, I would go for 51,385

Bill Gall
259 Posted 24/03/2017 at 12:44:35
Great news considering to a certain player we are a club who lack ambition.

I played as a schoolboy in a cup final at Goodison in 1952. I hope to see a game at the new stadium when it is built.

Paul McIntyre
260 Posted 24/03/2017 at 12:59:47
Andy (#247)... great link.

Makes me much more optimistic this will come off. One thing seems clear: Moshiri didn't set up the Heads of Terms agreement without having a good idea who 'the funder' is...

John G Davies
261 Posted 24/03/2017 at 13:06:15
Kevin (#256),

Glides on water, mate. The best thing to happen to Everton Football Club in decades.

Thank you, Mr Moshiri.

Ernie Baywood
262 Posted 24/03/2017 at 13:13:53
Derek (#241), regardless of how you can make it look on tv, you'd be amazed how much of a difference it makes only having 50k in a 60k stadium. Stadiums feel empty with those kind of numbers.

I think anything over 50k is fanciful. I would expect the extra investment to get there just wouldn't have a quick enough payback to justify it.

I'm not as conservative as Eugene, though. I think we'll find that a new stadium will change our attendances. The hardcore support won't change, but better transport links, better facilities, easier movement around the ground etc will attract people. Families will appreciate it. Others just might be swayed by the fact that they can get a pint and a snack.

Modern stadiums make the match available as a social pastime. You have to really love Everton to enjoy the current matchday experience. Park a mile away, dodgy bogs, massive queues for food and drink.

For the above, I'll be both happy and sad. Another little erosion of traditional matchdays.

Colin Metcalfe
263 Posted 24/03/2017 at 13:17:16
Fantastic news and a brave decision by the club to choose the more difficult location to build. At least we can breathe easy knowing that we won't be out in the sticks near Gillmoss/Croxteth.

It is however a massive project and I am sure there are many hurdles to overcome with regards to planning permission, infrastructure and financing, also may I add although I am not in the profession of construction, building along side the river has its own set of problems as cranes automatically cut out when the wind speed reaches a certain point. Couple this with the uncertainty of Brexit and the possibility of rising costs of materials, it really is quite some undertaking.

All that being said I think we can all be satisfied that the club has taken a big step forward in the right direction and we can let our minds wonder to seasons to come in our spanking new stadium.

In fact, yesterday when the news filtered through, I was on the tube in central London and, as exiting on the escalator, I glanced at a billboard of the Arsenal stadium tour... That set me thinking wouldn't it be nice to have a similar billboard at Lime Street Station: "Take the Everton USM Stadium Tour on the banks of the Royal Blue Mersey!" – now that would really piss the Reds off!!!

John Raftery
264 Posted 24/03/2017 at 13:21:10
There is little to be gained in looking back at attendance figures from the eighties to inform estimates of potential demand in the modern era. The game's media profile has changed beyond recognition and along with it has grown a whole new population of potential match attenders especially families with young kids.

There is no reason why any big city club should not be aiming for a 60,000 capacity but everything needs to be in place to support that figure. That includes making sure the supporting infrastructure including efficient transport access is provided; the design of the stadium must provide comfortable facilities and must be conducive to a great atmosphere, and of course the club must get the pricing structure right. A truly state-of-the-art, iconic stadium will have all of those characteristics.

The commercial opportunities will be expanded if we are seen to be attracting attendances on a par with our competitors. If we really want to compete with Spurs, Chelsea, Arsenal, West Ham and the two Manchester clubs – all of whom will have 60,000 plus capacities – we must aim to match their attendances.

In all of this of course, I am assuming the money will be available. If it isn't we can do what we have done for the past forty odd years. Make do and mend.

Colin Hughes
265 Posted 24/03/2017 at 13:32:04
Eugene (#250),

Your attendance figures that you state are a little misleading. The 20,000 average you listed was actually for 83-84 when we were going into the season without silverware for 13 years and didn't win the Cup until all home games had been played.

Also Merseyside was struggling big time with unemployment so attendances at both clubs were largely poor, even Liverpool had a crowd of 20,000 that season (versus Watford) and a few other home games fell below 25k despite them winning 3 trophies.

The following three seasons 84-85 to 86-87 all three of averages were over 32,000, which doesn't sound big by current crowd figures in the Premier League but it was the third highest in the country at the time, just a couple of thousand below Liverpool's but well behind Man Utd (around 45,000 averages).

Gary Russell
266 Posted 24/03/2017 at 13:37:51
Jayzuz

http://www.bbc.co.uk/radio/player/bbc_radio_merseyside

Erik Dols
267 Posted 24/03/2017 at 13:53:43
Colin (#265), not to mention the "lenient" counting of the attendance in that period... 35.000 souls reported but not an inch to move in the ground.
Michael Connelly
268 Posted 24/03/2017 at 14:12:41
As a structural engineer, my view is that we should opt for a circa 60,000 stadium, designed to allow for the addition of an extra tier at the top at some point in the future. In 20 years time, we might expect to get 70,000, or 80,000 attendances.
Dermot Byrne
269 Posted 24/03/2017 at 14:30:20
I'd go with 55,000 but any more we will not fill, IMHO
Graham Mockford
270 Posted 24/03/2017 at 14:31:34
Michael (#268),

What has being a structural engineer got to do with what size ground we should build?

You say 60,000; the club have indicated 50,000. Who do you think has the most information to decide?

Roger Helm
271 Posted 24/03/2017 at 14:36:05
I have said it before but to get bigger gates the stadium has to look after the fans. The present match day experience is 1970s in quality - no parking, horrible toilets, queuing in a mob in a tiny space for overpriced junk food. No neutral or even lukewarm Evertonian is going to put up with that.

Anyone who has been to a major league sports stadium in the United States will know what could and should be done.

Eugene Ruane
272 Posted 24/03/2017 at 14:42:14
Colin (#265) – Eugene (#250), Your attendance figures that you state are a little misleading. The 20,000 average you listed was actually for 83/84 when we were going into the season without silverware for 13 years and didn't win the Cup until all home games had been played.

Well I think you're half right, yes 83 was horrible and crowds were understandably way down, but we'd started to turn things around in 84 after crimbo/January.

True we didn't win the cup until all our home games had been played, but in the February, we had a nice home draw against Shrewsbury in the 5th round to get us all thinking of Wembley.

Plus (also in February) we a had a League (Milk) Cup 2-leg semi against Villa. It was a Lazarus-like recovery and suddenly we looked almost impossible to beat and were heading to two finals. No matter how we started that season, given how we finished, a final average of 20,000 (and our title winning crowds in 85 and 87) suggests (to me) that Everton are never going to suddenly find themselves with 20 or 30,000 new 'Evertonians.'

You're right to point out that the city/region was struggling at the time with unemployment (I remember reading, about a third of the male workforce was working away) although I suppose it must have affected Manchester too.

Michael Connelly
273 Posted 24/03/2017 at 14:45:10
Graham, coming from the angle of designing for future expansion. Not sure what the club have indicated, but 50,000 would be very shortsighted in my view. Using West Ham as an example, they have gone from filling a 35,000 capacity stadium to filling a 55,000 capacity this season.

I would be applying a similar logic to ourselves in opting for a 60,000 capacity. The popularity of the Premier League is increasing that rapidly that we need to allow for a sizeable increase in the match attending fanbase in the short to medium term, particularly in a swanky new ground.

David S Shaw
274 Posted 24/03/2017 at 15:09:52
It's not always new Evertonians that increase the average attendances, it's fans going the match more often. 60,000 is a great start and a good statement.

The important question should be how many fans are we capable of getting 10 years after we move in? What should we be thinking of being able to expand to?

Graham Mockford
275 Posted 24/03/2017 at 15:16:03
Michael,

West Ham have achieved their attendances through the cheapest ticket prices in the Premier League. Their hand is forced because the stadium was already built. Having got such a ridiculous deal it would have been a PR disaster to have a half empty stadium.

Of course we could adopt a similar approach although our pricing is very competitive in Premier League terms. That means you discount the existing 40,000 tickets you already sell before you have even started. This might not be the most commercially sensible approach.

As an engineer, you will understand the bigger you build the more it costs and also the more it costs to operate. You build something too big you potentially saddle yourself with more cost for good.

Ideally we build something that we can fill whilst keeping prices competitive but without having to discount to fill. And as you say the flexibility in design to expand if required.

The best example I would suggest is Man City. A northern club with a predominantly working class fan base, operating in a city with another major club. If anything, Man City has a bigger catchment area I would suggest.

Even with an expensively assembled team, two Premier League titles and regular Champions League football they average about 55k and you can always get a match day ticket.

It's easy to get carried away with this new ground thing like kids in the proverbial sweet shop. The club are best placed to determine the demand. They have indicated 50,000 which feels about right to me.

e
Geoff Williams
276 Posted 24/03/2017 at 15:18:47
A stadium capacity of 50k would be short-sighted and still restrict the potential match day income to way below that of the Sky Big 6 who will all have ground capacities of over 60k. Even the likes of Newcastle and West Ham would have bigger grounds.

It may take a few years but success on the field and a sensible pricing policy will see the crowds grow so a 60k stadium is essential.

If designed properly it could also be the venue for stadium gigs, big fights etc which the Echo Arena would struggle to accommodate.

Kim Vivian
277 Posted 24/03/2017 at 15:30:57
I can tell you that the crowd would go up by 1, 2, 3 or 4 a few times a season if I could get bloody tickets. There must be a good number of Evertonians for whom a season ticket is not viable/practical who would go to half a dozen games or more if tickets could be got.
Andy Duff
278 Posted 24/03/2017 at 15:38:59
Having listened to this, I'm happy with the whole lease thing – it makes perfect sense. We will own the stadium the land it stands on is not freehold just lease hold.

This is a great listen – this guy knows his stuff:

Blue Room Podcast: Everton and Bramley-Moore – Your questions answered

Brian Hennessy
279 Posted 24/03/2017 at 15:41:22
Use the Ryanair model for selling seats and I think we could fill 55,000/60,000 seater stadium most weeks.

Only problem is, if we follow their model, a pie will cost a tenner...

Michael Ward
280 Posted 24/03/2017 at 15:43:26
Joe is pushing the Commonwealth Games using the new stadium.

Everton's new stadium 'could host Commonwealth Games'

Mark Morrissey
281 Posted 24/03/2017 at 15:45:02
Great news. Can't really understand the discussion around how many seats will be inside or how many fans will turn up. Build the stadium and they will come. We are Everton, the greatest Football Club in the world. I'm just made up we will be leaving Goodison for a bigger and better stadium at long last.
Bill Belekas
282 Posted 24/03/2017 at 16:00:28
Great news to finally hear about the proposed new stadium. Well overdue... but I do hope they build it to hold 60k. We need to think big here.... Make no mistake – once it is built, people will come.

I will give you my reasons why we should go for 60k capacity. We currently have 40k roughly, who have 19-game season tickets. add 5k for away fans = 45k. How do we fill up the other 15k seats?

Do what we have done here in Adelaide, South Australia, where my football team offers 3 game memberships of which I have bought for the last 2 years. You see, I love my footy club but, like many people, can't afford a season ticket or my lifestyle doesn't allow me to go to all 11 home games.

How many Everton supporters do you know that don't go for those reasons alone? Our club moved to a new inner city stadium just like Everton are planning to. 54k capacity seated with standing area also. Our membership reached 60k for the first time in its history.

Prior to moving, it was 31k... that was only 3 years ago. By the way, our fellow opponents use the same ground and their membership is 68k.

So I would rather hear 55k shouting supporters with 5k empty seats than a packed 50k any day... So please, Everton Football Club – think big, just like my local football club (Port Adelaide FC) did, and you might just get a surprise...

The model should be to grow your base, year-in and year-out; it won't happen overnight. By the way, Adelaide Oval is the stadium and Adelle had her concert there last week and 70k people came from all over the countryto see her perform.

So Everton supporters, start thinking big time because that's what we should be in that city. Number 1... Top Dog! Anyway, I wish Everton FC all the best and one day hope to walk up to the new stadium and by a ticket...

Dan Davies
283 Posted 24/03/2017 at 16:11:03
Apologies if its been mentioned previous but I haven't read all the posts.

Regarding the capacity I think TWers need to take into account that not only will there be an extra 10,000+ seats to fill on a 50,000 capacity stadium but there is also going to be a hell of a lot more hospitality boxes too.

Structured at the right prices, these boxes might become attractive to certain Evertonians who like a bit more comfort and style but at the same time take away from the 'head count' of the actual stadium attendance.

I think circa 50,000+ capacity with an option of expansion in the future would be sensible in the short term and then if things sky rocket for us on the pitch – happy days.

Phil Walling
284 Posted 24/03/2017 at 16:15:35
You have to wonder what kind of dump we'll finish up with for a petty 300 million smackers on this 'shitty' (literally) site.

Time we got ourselves a real billionaire, don't ya think?

Ian Horan
286 Posted 24/03/2017 at 16:31:19
Phil, I trust this is sarcasm, our steel will be at cost provided by USM so add on at least 33%. The land and labour is cheaper up North, the infrastructure and enabling works will be part of Peel Holdings costs due to the nature and scale of the regeneration!!!

Finally, Peel Holdings need EFC as much as we need Bramley-Moore Dock. We will be the catalyst for their whole project to get off the ground. So I would say a pretty smashing stadium.

Colin Malone
287 Posted 24/03/2017 at 16:36:47
Joe has got to get it in his head, we do not want an athletics stadium. No way!
Paul Smith
289 Posted 24/03/2017 at 16:47:14
Geoff Williams (#276),

I think your spot on about the other clubs. 50,000 at this point would make us about 10th best capacity in the Premier League. That's not great for Everton's future income when teams in London smash our revenue anyway.

60k should be the starting point – how big was Goodison last time we won the league? They said over 200 thousand people lined the streets when we last won the FA Cup.

Don't get me wrong, this is a long time ago but there is a future of kids that will never be taken to Anfield and home ties in the Carling Cup are a great chance to exploit this. £2 for under 10s; £5 10-18; then adults £15. Release the prices before the season even starts so people are planning at least one good night at Everton.

This is not to mention the stacks of tourists that want to see the new stadium and want a day out based around the football match.

I came home at night a few years back on the Isle of Man ferry and realised how special the city is when it's lit up and the Liver Building, Casinos etc look absolutely fantastic. A stadium will double the thrill and god knows how many people will want to sample the atmosphere in and around it.

Brian Harrison
290 Posted 24/03/2017 at 16:50:17
Phil,

Great to see yet another positive post from yourself but, seeing you are thousands of miles away, I don't know why you are so bothered.

Steve Smith
291 Posted 24/03/2017 at 16:54:57
Just picking up on Eugene's point: Can we fill a 55'000 seat stadium now? Absolutely!

Could we have done in the eighties? Possibly for the last game of a championship winning season.

Football in the eighties was a very different beast than it is today, attendances across the board were dropping, TV was disinterested because of the perceived violence at almost every game, not true, but Mrs Thatcher said it was and that's what counts isn't it?

Most supporters were male, a lot of them didn't bother to use a toilet and just pissed on the terraces, supporters were treated worse than animals, it was okay for a copper to give you a dig because you're at a footy match, which means you must be a hooligan, perfectly fine to put people behind 30-ft high fences because that's all they deserved.

There is evidence to suggest that even usually none violent people who are treated like supporters were in the eighties will engage with the rest of the mob in acting violently when treated like this.

Stadiums in the eighties? Would you seriously take your wife and kids?

The revolution, brought about tragically by Hillsborough resulting in all-seater stadiums, the removal of fencing, treating supporters like humans, providing bright modern facilities, policing with intelligence, and yes wall to wall coverage by Sky etc. promoting the "brand".

Today, I wouldn't even think about whether it's safe to take my six year old Grandson to a game; not so in the eighties.

I think Everton have been hamstrung by our ground ever since, even in the bad times. Every home league game has been sold out this season so far (including corporate), this for a team that is out of both domestic cups, and the slimmest of chances of finishing any higher than 7th in the league.

I believe a waiting list is being compiled for season tickets (according to Everton TV's Darren Griffiths). I think the support is there; build it and they will come... I hope.

Kieran Kinsella
292 Posted 24/03/2017 at 17:01:27
Sunderland opened The Stadium of Light with 40,000 capacity and increased it to 49,000 in 2002. For two seasons their average crowd was 46,000 – perhaps buoyed by the novelty factor. It's never been that high since and has fluctuated between s high of 43,000 (last year) and a low of 33,000 in the Premier League if you exclude years in the championship. When they expanded it they had just finished 7th in the league.

West Hams big stadium was a) virtually free and b) they're practically giving away tickets since they can afford to with the low cost.

As for Man City they'd risen from third tier to first when Etihad came along so a bump in attendance was unsurprising. Also, they used to have strict policies for members only at the old ground. I lived nearby and couldn't get tickets when seats were free unless registering as a "member." That was never going to happen but was reflective of the crowd trouble they'd had and the dangerous neighborhood where the ground was located.

Lastly, it's misleading to read ToffeeWeb to gauge probable attendance as many in here live overseas. Ken Buckley apart, most of the locals don't appear to go to games often as they're usually scrambling for live feeds for the games on the matchday forum. So my point is, 50,000 seems plenty big enough.

Chris Leyland
293 Posted 24/03/2017 at 17:11:04
Kieran, why are you using Sunderland as some sort of benchmark? And why are you limiting ambition by suggesting restricting capacity to 50,000?

Surely the point of moving grounds is to, in part, attract new fans? This can be achieved by a combination of factors including:

● pricing strategies,
● better facilities and 'experIence', transport links; and crucially,
● on-field success.

Upping capacity to just 10,000 more than we already have appears a little short-sighted and not worth the £300m plus it is going to cost. Otherwise, we could just build a new Park End and add 5 or 6 thousand more seats to Goodison Park and save at least £275m in the process – couldn't we?

Kieran Kinsella
294 Posted 24/03/2017 at 17:21:16
Chris,

Sunderland are a benchmark in the sense of being a "big club" based on attendance. Yes we may gain fans but we may also lose fans as people are priced out when ticket prices, which have been cheapest in the Premier League for a long time, inevitably rise to cover the stadium costs.

Also, I'm not convinced by the "new stadium attracts new fans" argument. Blackburn got a new stadium and won the league and it didn't do much for their fan base. Yes, Blackburn's smaller than Merseyside but we also have competition for fans from Liverpool and Tranmere.

Mark Daley
295 Posted 24/03/2017 at 17:29:20
I think this has more credibility now that I see that Everton has appointed Slaughter and May as its lawyers on this. They are the best law firm in London.
Kieran Kinsella
296 Posted 24/03/2017 at 17:30:14
Also, Chris to tie back to Sunderland, the "on field" success is relevant. When they decided to start on a stadium, it was the era when the Peter Reid team with Philips and Niall Quinn were doing well. They even tried to sign Scholes from Man Utd.

The thought was that Reid with a new stadium and more signings could turn them from almost UEFA qualifiers into title material.

Obviously that didn't pan out. Granted, we are bigger and better than they were, but I'd caution against building a stadium based on a best case scenario of long-term success.

Graham Mockford
297 Posted 24/03/2017 at 17:49:33
Chris

You don't seem to have cottoned on to the fact you don't get to choose what capacity stadium for £300m

Size determines cost. I can only assume given they are the figures in the public domain, that £300m gets you 50k capacity.

If you want 60k capacity you are going to have to pay more for your stadium. I'm not construction expert but it won't be insignificant.

The incremental point you make is the absolute nub of the economics of this scheme. If there was unlimited demand for seats, economies of scale mean that a 60k stadium would be more profitable than a 50k one. However if demand at current pricing tails off between 50 and 60k then you could be worse off due to empty seats or discounting to stimulate demand.

It's not about we need it to be bigger than x or we need to think big. We need to think smart and make this new ground a profit generator.

James Flynn
298 Posted 24/03/2017 at 17:55:12
Andy (#278) - Many thanks.

Agree that everyone should give a listen.

Not even boring!

Chris Leyland
299 Posted 24/03/2017 at 18:28:09
Graham, the incremental is indeed the nub of it and the question is therefore why not add to the Park End for a fraction of the cost if the end result of a new stadium is 'only' 10,000 more seats?

If we have a loyal and regular hard-core fan base anyway (and we seem to as we call sell out at just short of 40,000 now) then is doing the new stadium worth it for 10,000 more potential match-goers?

No sesson ticket holders will pay more than £30 on average next season. So, 19 games x £30 x 10,000 is £5.7m a year more revenue on this basis. Simplistic maths I know but, given how progressive the club are around ticket pricing with the kids season tickets at £99, leading on the away fans pricing cap, and the above £30 average example, I can't envisage a massive price hike on tickets in a new ground can you? There might well be more discretionary spend from match-going fans in a new stadium but surely not on a massive scale.

I guess I'm asking what actually are the tangible upsides of a 50,000 seater stadium?

Jon Atkinson
300 Posted 24/03/2017 at 18:51:57
Evening fellas... my first post but my position is probably replicated across the North West area.

I was a season ticket holder for 9 years and gave up my seat when Rooney was sold; yes, I saw my arse! Missed the place like crazy but got over the habit and carried on with life.

I have only been back once in the intervening years for the Stoke game, immediately after Gary Speed's passing, as I wanted to pay my respects, a god awful game but I realised I had missed the place.

Since then, the fancy has taken me to return but I refuse to pay good money for a restricted view seat and, with our current high attendances, that's all I can hope for. I have applied for a season ticket for next season if any come available after the renewal dates pass but, with the team on an upwards trajectory, I don't hold out much hope of bagging a decent seat.

I obviously won't be the only fella who has fell away from regular match attendance and won't do a restricted-view seat. I would say we would easily do 50k regularly and, with success, above that. I'm sure EFC must have a list of lapsed season ticket holders who they think would flood back... who knows?

Anyway, I'm not getting carried away with a new ground just yet – I'm still gutted the Kings Dock never happened!

Mike Green
301 Posted 24/03/2017 at 19:46:57
Andy #247 - thanks for that link, really good read.

Phil #284 - are you drunk or just plain bored?

Paul Burns
302 Posted 24/03/2017 at 20:07:04
Starting to fall to pieces already. We need to do this alone. We don't want or need the city council to get involved, inflicting restrictions or athletics tracks on us. Surely we can fund it ourselves without any phoney lease-backs or stipulations involved.

50,000 is not enough for a kick off. The club are starting to backslide on previously made promises and it stinks of Kenwright's past disasters. The only thing the council should be involved in is situations regarding transport and access and these shouldn't be exaggerated due to the proximity of a train track and the city centre. It's easy to get to.

The RedShite are trying to kibosh it already, whinging on radio Merseyside about everything to do with it. Why people on here try to appease them by voting to ban The Sun from Goodison is beyond me. We should be banning Liverpool from our ground instead, horrible lying hypocrits.

Patrick Murphy
303 Posted 24/03/2017 at 20:41:00
Paul (#302),

Excuse me for my ignorance but in what way is it starting to fall to pieces already? Without the council there would be no hope of a stadium, unless we settled for a small one out of town. Moshiri isn't quite as rich as Abramovich – in fact, if he paid for the stadium from his own pocket it would wipe a whacking big hole in his acquired wealth.

Everton FC as a business cannot afford to build a stadium without borrowing money and therefore the deal with the council is a good idea as it allows team building to continue without major cash-flow problems and Everton will have a new stadium if everything goes to plan.

The stadium on the dock might not happen but it's got more chance than the failed moves we've witnessed in the past and that is down to the seriousness of Moshiri, without whom we would still be scrambling around looking for a suitable site.

Having a Billionaire owner doesn't mean we have a sugar daddy who will throw money at the club without good reason and he told everybody who would listen he wants the club to be sustainable in the long-term, he's already done more in just 12 months than the previous major shareholders achieved in the last 12 years.

If somebody gave me a new car for Christmas I wouldn't spend the rest of the year moaning and groaning because it wasn't a Ferrari I'd be made up that I had a car that was better suited to my needs than my previous one.

Everton FC can't stay at Goodison Park for much longer, so if the move to the docks fails, we could be in for a very bad time. The move to Bramley-Moore may not be perfect, it may have elements that don't sit well with us, but beggars can't be choosers. Despite the appearance of Moshiri, we lag a long way behind Chelsea and Man City in the financial stakes and to think otherwise is delusional.

Graham Mockford
304 Posted 24/03/2017 at 20:43:51
Chris,

For a start you could never increase the capacity of the ground by 10,000 just by extending the Park End stand.

But it's a good question, there have been plenty arguments on this site saying that developing Goodson could be the best option. Have a look at some of Tom Hughes's posts for some really informed views.

However it appears that is not the direction either the previous or the new owners wish to progress.

I can't tell you what the benefits of a 50k stadium are because I am not privy to the business case. However I'm sure that someone has done the business case and looked at the various options. If they haven't they are amateurs and I suspect Moshiri hasn't made his millions being a mug.

I'd be amazed if any new stadium saw a significant increase in ticket prices because I don't think our fan base would stand it, yes there will be more corporate/hospitality facilities and you could probably squeeze more out of that audience, but the core fanbase is the working man.

The bottom line on capacity is not about some dick measuring 'let's be bigger than them' approach but let's pitch it at the most commercially viable number and give ourselves some flexibility for future growth.

So to answer your question the benefits of a 50k stadium are

Increased matchday revenue from an extra 10k per game

Increased revenue per seat because of an increased higher end hospitality participation

Increased incidental expenditure on food, beverages and club shop.

Other stadium usage e.g. Concerts, conference etc

Reduced maintenance costs due to a new stadium vs one that is 100+ years old

In the end unless the above pays back the £300m it would be a non starter.

The club will run the same numbers at other capacities and based on judgement of risk go for the best option.

My working assumption is they have mapped out all the scenarios and taken a view, which comes out at 50k.

Philip Bunting
305 Posted 24/03/2017 at 20:47:19
54,001 with option to expand...
Karl Masters
306 Posted 24/03/2017 at 21:13:47
We'd easily fill 60,000 with the current prices.

50,000 won't be enough.

For God's sake we have waited long enough for this, don't make the same mistake Kenwright & Co made when they built the Park End and think small time!

Ernie Baywood
307 Posted 24/03/2017 at 21:47:01
The business case may not just be about an incremental change from Goodison. At some point, Goodison won't be fit for purpose?

We will have to move or extensively redevelop at some point. Might as well be now.

It just has to be an iconic stadium. Something that the locals and visitors to the city would want to go and see. It also needs to be forward thinking providing opportunity for easy expansion.

Most importantly, it needs to be a proper football stadium, capable of generating a great atmosphere. That's why it will be there.

Dan Davies
308 Posted 24/03/2017 at 23:45:17
Chris @ 299. Tangible upsides? Are you serious, mate? Sleep on it. Fuck it let's stay in Walton! Unbelievable.

Go for a quiet walk somewhere and have a little think to yourself, mate. This is a lot more than just an extra few seats, this is about the next few generations of Blues – we need this to happen.

As for anyone else questioning capacity, design, cost and so on, even a running track – what's the alternative?

Mike T Jones
309 Posted 24/03/2017 at 00:02:46
Like Jon at #300, I am a lapsed season ticket holder.

I first went to Goodison Park aged 5 with my dad in 1975. Owned a season ticket from 1984 until 2001. Marriage and kids came along and Saturday was spent in B&Q rather than on County Road and in the Paddock or Upper Bullens (when I started earning more).

I've just registered for a season ticket for me and my 17-year-old for next season... fingers crossed. We will be 2 new attendees at any new stadium. 50k is too small.

Richard Reeves
311 Posted 25/03/2017 at 19:35:10
It has to be 60,000 minimum with room for expansion. It's not thinking big enough, settling for 50,000, when building a new stadium for a team with a massive fan base as big as ours.
Jim Wilson
312 Posted 26/03/2017 at 14:08:29
I agree Chris. £300m for 10,000 seats. Any sensible businessman would have their doubts. But we are daft Evertonians so let's go for it!
Mike Green
313 Posted 26/03/2017 at 14:13:29
It's not just about an extra 10,000 seats (if that's all it is).

It's about getting rid of the thousands of obstructed / letterbox views. Cramped wooden seating. Limited hospitality...

Eugene Ruane
314 Posted 26/03/2017 at 14:33:58
Paul Burns # 302 - Probably the most wrong in a single TW post in 2017.

Just a Tump-style vent.

As for - 'Why people on here try to appease them by voting to ban The Sun from Goodison is beyond me. We should be banning Liverpool from our ground instead, horrible lying hypocrits.'

Have a feeling the list of stuff that's beyond you would make a Doomsday book-sized volume (first on list of things beyond you, correct spelling of hypocrites).

Karl # 306 - 'We'd easily fill 60,000 with the current prices. 50,000 won't be enough.' he completely guessed... with nothing offered at all to back his claim.

John Cartwright
316 Posted 26/03/2017 at 19:08:17
There seem to be visionaries on this post extolling the virtues of a 50k stadium. This is a significantly lower capacity than Anfield. So if we settle for a “small” stadium they may be happy and we could call the new stadium “The Knife to a Gunfight Arena”.

Then hopefully the new legions – all 10,000 of them – can cheer “Little Everton Punching Above their Weight” on to 4th place sometime in the unspecified future, and no doubt some cup by 2050. This is not my vision. For Everton: Nil Satis Nil Optimum... NOT Secundi satis est optimum.

Dan Davies
317 Posted 26/03/2017 at 22:08:42
C'mon on then, John, let's hear what you want to say on the stadium and capacity don't hold back.
Ray Roche
318 Posted 26/03/2017 at 22:39:17
So, it's got to be at least 60,000 eh?

As they say, if you know your history...

Bob Parrington
319 Posted 27/03/2017 at 09:25:20
It's a lot of dosh to spend and make it too small! With such a "relatively permanent" structure surely it would be a mistake to opt for only 50,0000 capacity????????
Phil Walling
320 Posted 27/03/2017 at 10:11:39
I can't see Moshy pouring millions into the playing side if he is fully committed to building a new stadium on such a challenging site. No doubt we shall be asked to accept that the team will tread water 'in seventh heaven' for a few years more before we come anywhere near to challenging the 'big boys'.

Of course, that's our normal role but it's hardly one that the likes of Lukaku will sign up to !

Dermot Byrne
321 Posted 27/03/2017 at 10:34:57
I think that the partnership between a Premier League club and the council for the benefit of both is just so right.

Premier League clubs rightly face criticism that they have little interest in their local communities these days and are just play things for the rich. Well perhaps we are bucking that trend through EitC and this model for ground development and local regeneration. Hope the detail works out.

Eugene Ruane
322 Posted 27/03/2017 at 11:18:49
Bob # 319, to you and everyone else insisting on a minimum of 60,000, I still haven't read one realistic (i.e: non-wishful thinking) explanation as to how a new ground will even come close to guaranteeing us an extra 20,000 Evertonians (or..whoever) per game.

The idea of going to games in a beautiful new stadium on the river that regularly attracts 60,000 per game is a truly wonderful one, but I genuinely believe we'd have trouble filling it, even if we gave 10,000 tickets away.

Ffs, we are talking 21,000 more people per game than we're getting now.

Sorry but suggesting we'll get them because you really want us to is (imo) dreaming (no matter how many question marks you bang out)

Someone earlier (by comparison) mentioned West Ham filling their gaff (albeit with the cheapest tickets in the PL).

For the record, the boroughs of Barking and Dagenham, City of London, Havering, Newham, Redbridge, Tower Hamlets and Waltham Forest (alone!) have a combined population of 1.4m and predictions are that the population of 'East London' is set to increase by 600,000 over the next 15 years Link

We're in a city with a population of less than 500,000 and share that with (spit!) 'them'

As I say, I'd love to see it but..can't.

Tony McNulty
323 Posted 27/03/2017 at 12:06:12
A number of us on here will have attended Goodison as one of over 60,000 (and that’s not including those who would crawl underneath the turnstile as you were having your ticket torn by the gateman – ah the memories).

In the early '80s, I seem to recall that the attendance dropped to around 19,000 for one game.

Does anyone have any data regarding how attendances have increased following a move to a new, swish ground, and investment in a club – in Man City, for instance?

Dan Davies
325 Posted 27/03/2017 at 12:25:53
Don't get me wrong, I'd love to see a massive 60000+ stadium filled every game. Like Eugene, I believe at this point we would struggle to sell that out.

I think it would make sense to keep the capacity around 50,000+ intimate and atmospheric and imposing to the opposition.

I would also love for Mr Meis to take into account acoustics when designing the stadium so as much noise is kept in as possible.

Hopefully success on the pitch comes sooner rather than later and then we could easily expand the stadium to whatever the demand is five or 10 years down the line.

But that's just me. Let's see what Mr Moshiri and Mr Meis think!

Chris Leyland
326 Posted 27/03/2017 at 12:26:28
Tony McNulty - see post 255
Ray Roche
327 Posted 27/03/2017 at 12:30:29
There are a number of us realist's who have posted on here echoing Eugene's thoughts, although maybe not quite so eloquently, that a 60,000 stadium would have up to 10,000 empty seats every week. They'd only be filled on derby days and games against United, and filled with THEIR supporters.

Get real. Stop quoting London clubs ffs. They have a gigantic catchment area and more tourists than even the RS. 50,000 is plenty for now with room for expansion. Let's hope we need it.

Graham Mockford
328 Posted 27/03/2017 at 12:34:53
Tony,

Man City are a good benchmark given the similarity in fan bases, local rivalry, location. However they have a bigger potential catchment given the relative size of Greater Manchester.

When they first took on the Ethiad in 2004 ( it was City of Manchester stadium back then) it was a 46k capacity stadium. This was pre-Sheik days and they filled it out in the first season which was about a 12k increase on Maine Road attendances.

Attendances declined year on year to as low as 39k until the takeover in 2008. It still took 2 years however before the regularly filled it on the back of two Premier League titles. It's worth noting that a 46k stadium was no hindrance to winning a Premier League title.

Last year they opened the third tier of their stand moving the capacity to 54/55k. Again they more or less fill it but it is not impossible to pick up a match day ticket.

They have an option to build a similar extension and are reported to be planning to start building this summer bringing the capacity to 61,000.

My view is Everton should be taking the same approach. Build with the flexibility to be able to increase if so required.

Tony McNulty
329 Posted 27/03/2017 at 12:41:59
Thanks, Chris – apologies for missing your post.

So 20,000 more looks like a stretch then.

I don't know if anyone has ever factored in the families issue as well. I wonder if their numbers increase further once parts of the ground look less like a railway station last frequented in the 1960s following Dr Beeching's closure programme (with catering to match).

Mark Taylor
330 Posted 27/03/2017 at 14:17:57
We should look to build a ground with a capacity that is 90% full for most games but can be full to the rafters for the derby, Man Utd, Champions League games, FA Cup games etc..

Key to getting the extra numbers will be in making the whole match-day experience more inclusive for families, e.g., having nice public spaces, bars, restaurants, fan zones inside and outside the stadium. This will mean Peel developing the area to the south of the ground... A bit like Salford Keys has grown close to Old Trafford.

I've not got any stats to back up a number but would like to think the club do and can also predict the expected uplift..

However, 55k feels good to me...

Tony McNulty
332 Posted 27/03/2017 at 14:40:40
Thanks Graham,

Your “build with flexibility” approach which controls some of the risk has a lot of merit.

Let's assume that we keep the current “hard core” of around 40,000 match-goers (including opposition fans). It might be worth considering this from the point of view of three separate categories of people:

1. Those within easy reach of the ground who do not go regularly now, but would perhaps do so at a more modern, more comfortable stadium. Some of this group might not currently be able to get tickets for the bigger games. They might also be prepared to bring along family members.

2. People like me, who live a distance away, who no longer have close living relatives in the area, but who would make more of an effort to travel from time to time, if they were assured of a decent, non-obscured vision seat, suitable parking etc.

3. New fans who might want to follow a better, more successful team, in 21st Century conditions.

I am interested in the size of the first category. How many of you living in the area actually know people who don't currently go to the match, but who say they would go if we had a better ground?

Of course, what people say, and what they otherwise do are not the same. If I could give a personal example (whilst shamelessly promoting my recent book “Management by Permission” – nineteen “five star” reviews across three Amazon sites to date), quite a few people have told me they would buy the book. Yet when I meet some of them, I discover that they haven't yet got around to it (and I am left wondering if they ever will).

Colin Glassar
333 Posted 27/03/2017 at 16:46:28
According to a new report, the stadium could be underwater by the end of the century (global warming) which would be typical of our luck.

Can't we turn it into a floater?

James Hughes
334 Posted 27/03/2017 at 16:58:53
Put it on pontoons, Colin! Stadium can rise up with the waters. now that would be a floater.
Colin Glassar
335 Posted 27/03/2017 at 17:43:25
Something along those lines, James. When we play bottom-half teams we could drift over to Birkenhead so they can enjoy the sight as well.
Tim Sharpe
336 Posted 28/03/2017 at 16:26:45
Surely in 80 years someone can figure something out to stop it flooding...

Either that or sail around the country in the stadium, Monty Python style, while the fans get there in their flying cars, or jetpacks.

Paul Smith
337 Posted 28/03/2017 at 16:49:48
Lots of negative shite being perpetuated about Bramley-Moore Dock at the moment. From flood, fire, famine and pestilence to an article in the Echo about the difficulty in securing naming rights in an ever softening market (whatever that means).

When LFC Big Stand were laying out their vision, I wonder if there was so much doom-mongery and down-playing of expectations. It's like some one somewhere is pissing on our chips already.

Brian Harrison
338 Posted 28/03/2017 at 17:30:41
Paul

I think the article in the Liverpool Echo was quoting somebody who works in the field of naming rights for stadiums. He just said that the design of the new stadium is key to getting investment, he pointed out that Spurs new stadium has a lot of modern high tech features which he believes will attract investors. He also pointed out that the London stadium which West Ham play at doesn't have investors interested.

He went on to say that competition for investors to get involved with naming rights has never been more competitive. He said that the RFU were looking for investors in the naming rights of Twickenham.

Ricardo Gimpardsle
339 Posted 28/03/2017 at 17:44:23
Not sure how many people I know who are casual supporters, as in that they are not season ticket holders and only attend on a few occasions each season, but I do know that most of those who I speak to all say that a new shiny stadium in the dock will encourage them to attend more often.

It could be possible that the club is aware of how many different people buy tickets and could potentially extrapolate some data that would give them a good idea of the current support.

It would be prudent to build in a level of expansion into those figures to facilitate the new stadium effect and for the potential improvement in our fortunes, so the capacity would be something that you could estimate quiet easily with the data being utilised. I would guess that 50k would be easily attainable, but 60k might just be a little optimistic, at the moment anyway.

Paul Smith
340 Posted 28/03/2017 at 17:48:27
Brian.... seems like it's a tough market; let's hope we can attract what we need. I feel more confident with our new investor on board than at any time in the past. It's just a feeling...
Robert Elliott
341 Posted 28/03/2017 at 17:51:49
I must admit the Liverpool Echo's coverage of Everton baffles me. If there's a potential negative element to any EFC story, you can guarantee they'll find it. Our new stadium sinking in 80 years time is stretching it even for them though!
Kieran Kinsella
342 Posted 28/03/2017 at 18:31:18
The stadium's under water already. You can bet some RS will demand an enquiry since the council are on the hook if we got under water... literally or metaphorically.
Kieran Kinsella
343 Posted 28/03/2017 at 18:35:24
Now, the United Nations are going to strip Liverpool of its world heritage status if Everton build the stadium, according to the Echo.
Will Mabon
344 Posted 28/03/2017 at 22:09:05
I'm surprised it's taken so long for the biggest con ever perpetrated on humanity to rear its ugly head in the stadium issue. Man-made global warming (or climate change as they had to slyly re-name it when that pesky warming just didn't show up).

None of us will be around to see what an issue that most certainly won't be be in 80 years. By then anyway, people will be contending with "Audacity to exist" tax. The stadium will be fine.

Eugene Ruane
345 Posted 28/03/2017 at 22:20:57
I just hope I live long enough to see it...

Link

Will Mabon
346 Posted 29/03/2017 at 01:32:06
Eugene, as long as they can guarantee the water being such a fetching shade of blue, I have no problem with that scenario.

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