In all the articles both for and against one thing has not, in my opinion, clearly been understood. Goodison is falling down ? in several years we will not get safety certificates or at worst have to operate at vastly reduced capacity. So we have to move or re-develop and fast.
Option 1 - Re-development of Goodison is EFC financed (and we have no money), time consuming and we could not survive the loss of income during construction.
Option 2 - Build a new state of the art, iconic new stadium somewhere. I believe if this was an option, the fans would give a resounding vote to stay in Liverpool. Problem - cost say £250 million but we have no money.
Option 3 ? get into bed with someone with money to make it affordable ie Tesco & Kirkby.
So far no debate option 3 is the only solution.
However, is Kenwright keeping investors at bay, or in collusion with those who would fund option 1 or 2? This ploy would make financially sense all round. At the moment Kenwright would get very little for his shares if an investor had to put funding for a new stadium up front. However, wait for the stadium to be built, add £250 million to the balance sheet and this make his shares very attractive.
Result - Bill gets a shedload of cash and investors pick up EFC for peanuts in real terms.
Losers ? Everton brand name and Everton loyal fans. I can still hear the chant at the derby ? ?F off to Kirkby!?
Andrew Mahon, Posted 20/11/2007 at 16:51:47
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1 Posted 20/11/2007 at 20:42:30
In my opinion having reasonable experience of multi million pound developments all 3 options would cost similar amounts.
The only difference is the amount of subsidies from Council/Govmt/Other investors.
Contrary to popular opinion Tesco are not helping EFC fund Kirkby they are just what?s called enabling partners and we could get exactly the same sort of deal from LCC if they and EFC got their act together.
I also do not believe it would cost that much to redevelop Goodison.The only difference is the subsidies and it would have to be done in stages although I still think it could be ready before the cowshed is finished.
2 Posted 20/11/2007 at 22:05:27
Does this nonsense never end ?
Bill Kenwright, is only interested in making money out of Everton ?
I just give up. I really do.
3 Posted 20/11/2007 at 22:43:48
4 Posted 21/11/2007 at 00:56:09
5 Posted 21/11/2007 at 08:04:41
6 Posted 21/11/2007 at 10:27:59
Dont you see that Wyness has stated it will cost Everton £50-80 million to pay for Kirkby. There is no free meal here....
Just think what we could do with that kind of money in the City centre or in redeveloping Goodison....
Think about it please