Everton's well-publicised improvements to Finch Farm, which will include recuperation quarters for injured players, a new block for groundsmen and a mini-stadium where the U21 and Academy teams will play most of their home games, instead of at Southport, are underway, with completion expected in the coming months.
As owners of the land, LCC has committed to foot a £4m bill for the upgrades but there will be a 3% increase in the rent charged to the club which the council's cabinet and Mayor Joe Anderson see as a "fantastic deal" for Liverpool.
Kemp is sceptical, quoted by BBC Merseyside as saying: "The further investment into Finch Farm is an investment shrouded in mystery. "Why cannot the terms and conditions for this be made public?
"EFC now have a backer and more money – why cannot they finance it themselves?
"The Lib Dems have nothing against this development in principle, but these are the basic questions which are not mentioned in the report."
A council spokesman said in response: "This is a commercial arrangement which is an exceptionally good deal for council tax payers as we can reinvest the profits in delivering front-line services. "In the first two years, we have already made £400,000 that we would not otherwise have had. "The new investment will be paid back through additional rental income over the remaining term of the lease."
Quotes or other material sourced from BBC
Reader Comments (9)
Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer
1 Posted 11/07/2016 at 10:15:10
I would have thought Everton would have bought this back off the council now that their finances are a lot better?
2 Posted 11/07/2016 at 10:22:34
They could sell up and get a lump sum, but they see it as a long term revenue stream. The upgrades are simply them improving the value of their asset.
3 Posted 11/07/2016 at 11:46:11
4 Posted 11/07/2016 at 12:06:45
5 Posted 11/07/2016 at 12:18:23
Non-story this, saw the same crap all over social media, probably stirred up by our pinkie neighbours â€“ methinks they are worried about the “newâ€ Everton.
The council are putting up the rent they charge us, so what's the beef?
From Kemp's logic, and as we have a few bob, we should be doing the place up ourselves?!
Great stuff, Dicky, I'll try that with my tenant should the boiler pack up!
No wonder the Lib Dems are finished, with people like this cretin involved.
6 Posted 11/07/2016 at 12:23:00
7 Posted 11/07/2016 at 19:41:28
8 Posted 12/07/2016 at 19:46:49
9 Posted 13/07/2016 at 15:17:14
A lease (as opposed to a tenancy agreement) is a fixed term that usually has to be paid for the full term regardless of whether the leasee remains or not, barring bankruptcy of the leasee (unlikely in Everton's case I'm guessing).
Add Your Comments
In order to post a comment, you need to be logged in as a registered user of the site.
Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site.