21 Jul 2024 08:18:22
Selling the stadium to investors seems like just about the stupidest thing the club could do, it's the new stadium and all it's potential income that led the club down the precarious financial path it has taken, to sell it just to cover the debt it mostly incurred is ridiculous, and totally the opposite outcome it was supposed to produce. In the event the club does sell it, do you really think a investment group is going to agree to reasonable lease deal? The vultures will be circling, even as I'm writing this I'm asking questions if why would anyone other than EFC want to own the stadium? What can it be used for frequently enough to generate the income required to buy it? I'm pretty sure there are restrictions in place about how many concerts can he held there, and certainly no demand for that in the winter anyway, without a football team playing season after season there, how could anyone utilise it regularly?
{Ed002's Note - It would be sold with a long-term lease agreement in place.}
21 Jul 2024 09:45:34
Hypothetically speaking Ed002, what do you think would be a reasonable asking price for the stadium? Plus in the event the current everton owner did go down that path, it would basically wipe out any chance Moshiri had of selling his stake in the club, in my opinion the only reason there is any interest in owning EFC at all is because of the stadium.
{Ed002's Note - Nobody will be buying Everton just to own the stadium. Right now Everton would not recover the full cost of the monies spent on the stadium if it were sold.}
21 Jul 2024 11:07:29
Didn't Coventry do something like this? Then fell out with the owners and became the travellers of the football league.
21 Jul 2024 11:30:14
would selling the stadium wipe out all our debts?
{Ed002's Note - No.}
21 Jul 2024 13:42:48
Then don’t sell it. Need to renegotiate the debt or just don’t answer the door when the debt collectors come a knocking.