Get to **** I saw something earlier about a new stadium for you on Walton Hall Park. How's that going to be financed?
United would have few issues filling 100k. I believe the club have indicated part of the expansion may include a safe standing area. Clubs that Can fill their current stadium should look to expand it. Clubs who can and then make up hilarious lies to show how they do should look to decrease capacity. Its not uncommon. Juventus for example. Liverpool deserve a grand stadium. Everton deserve a stadium befitting of the countries 4th best side ever.
Matchday revenue is falling as a percentage of the total, but it's still increasing for those clubs who are catering for the increased demand for their particular product. It would be folly to ignore the matchday pound as whilst the TV revenues are still climbing the major risk that every PL club faces is the prospect that at some point they may fall. As the constant uplift requires strong competition in the rights market, if Sky for example decided that the EPL has done it's job for their platform and it's now time to change strategy then who knows what could happen? So matchday revenue will always be a fundemental part of the equation and they'll constantly look to maximise it. As for what the ceiling price is? The working man has largely already been priced out, but he's been replaced by the middle classes, who are showing no signs of losing their appetite for the game at the highest level
Tobes, Have you any idea as to how Everton are going to fund the new stadium, or do you think they are getting the planning permission in place to try and attract a buyer/investor? My father in law has been an Everton fan for over 75 yrs and he is amazed they are bothering due to the current level of support and debt.
i reckon west ham owners only want Olympic stadium to add value for when they sell it, as everton are looking for buyers, if some of the donkey work is done and paid for before hand regarding plans, makes them more appealing to buy than without it. after that, they just have to pray they don't end up with ****s like the cowboys and do **** all.
I think yes the thought that not paying attention to matchday is wrong. I agree that while right now TV money bascially pays the wages BUT signing long high wage contracts that go beyond tv deals has some risk that if the tv money for whatever reason tanks you are in trouble.... but that's just the way it is now. 300k per week = impossible to sustain from matchday. I think that there is a ceiling. I feel strongly that the "away crowd" is more representative of the 20th cnetury in many cases. YOu have more male dominated crowds at that and the more ardant fan. This is why I feel that honestly it is away crowds that make athmosphere at grounds around the country and spark "banter" or abuse if you will. If it were all familys and middle class there would be no singing I think. I would agree that the crowds have changed but i do think that in general its not just middle class par se the season ticket still brings in the ordinary folk but a trip with family? out of the question... food.... ermmmmm..... that kind of thing. I certainly for one couldn't afford to bring 2/3 to anfield at this point but then again... i chose to have two bloodsuckers.... sorry kids so thats just me. The matchday money is still huge, unfortunately doing the maths 30k extra seats won't buy a player now.... I also agree utd could fill a 100k stadium. but its the sponsorship and tv thats driving vast transfers and wages. If we go for 60k odd seats that extra revenue really only goes to improving facilties.
As Tobes says, matchday revenue is important but signing big commercial deals are more cost effective and have no restrictions (i.e. you can sign as many you want). The cost of building stadiums are quite high now and we would be spending a lot of time having to repay that back. The redevelopment is a cost effective way but it comes with restrictions as to how much further we can expand by.
Does it? TV coverage is so big now that players who want their name in lights that it's largely irrelevant - it's also already been mentioned that some of the best atmospheres are at the smaller grounds. Don't get me wrong, stadiums like the Bernabau and Nou Camp are damn impressive and more of a gladitorial arena than a football stadium, but the cost of upping the capacity compared to the financial benefits really isn't a clear cut decision. Quick and very rough napkin maths: 15k seats, £30 a ticket average (given children tickets/cup games) and roughly 30 home games a season amounts to 13.5million a season - so just over 11 years to pay back the costs assuming no sponsorship or investors. Lets bump that up to 15mill given merchandising and food/programs/etc. So in 12 seasons time, we'd be able to have 15mill extra. I'd bet a fair chunk of my life savings that 15mill in 12 seasons time won't buy you much the rate things are going. I know it's all very rough, but the gist is that it's a huge financial commitment for not exactly an enormous gain. Of course we'd fill a 60k stadium. We'd probably fill 80k. But a new build in the Anfield/Stanley Park area or increasing Anfield beyond 60k would also mean we'd have to upgrade the infrastructure which is yet another cost. The way the club has gone about things in the last 3 years looks like a solid plan; up the external financial income from sponsorships. That and TV is where the real money is these days.
They've not talked about funding yet mate, there's been mention of a total cost of £200m though In terms of how it could be funded, sale of Goodison and naming rights plus using a chunk of the new additional £30m plus of TV revenue per year (which will rise again in 2 years) should give them enough to leverage enough borrowings to fund it over a long mortgage period (30 years plus probably) The challenge they'll have is getting it to a cost neutral or a profit position i.e. to raise enough additional match day revenue to cover the funding costs. Our current season ticket holder level is at its highest ever at over 30k. We've sold out our first 2 league games and this is with having 4000 obstructed view seats, anything over 36k at Goodison is effectively a sell out as all of the 'proper' seats have gone. I'm confident that we'd not have too much problem filling a 50k stadium regularly, the match day experience at Goodison is shocking compared to modern standards, a better offering will create more interest, especially for families. Our current debt level is around £40m btw, which is buttons compared to most of our peers - including your lot, so it won't be an issue, they'll just refinance it as part of the new build. It could well be the catalyst for a change of ownership though, as the club is worth considerably more with the stadium issue as good as sorted in terms of having a deliverable, affordable project with planning consent on the table. Personally I think it'll be Bill's idea of legacy, his vanity project if you like, as he's 69 now
The issue I think is that spurs can ask a billion (ridiculous IMO) cos whit hart lane has real value Lfc went for 200 mil Everton are not worth close to that... Land in liverpool? For houses?? Eh no goodies on isnt going to fetch much as a land bank so really the question has to be if the council can do it for lfc then what could be done for Everton? Surely the same base logic applies in some form? And yes I'm sure if Everton can go from the banks won't give any more to paying 20 whatever for lukaku then the tv money is crazy and could be used to fund a stadium. But it seems to end up going on wages in the end
you see the article they had on msn a few weeks ago mito? basically it was uk property prices and they done a top 10 highest streets, guess where ALL 10 was lol, ****ing disgusting really, its like bollocks to the rest of the country the world evolves around london.
