Everton’s plans for £300m new stadium approved by Liverpool City Council
https://www.theguardian.com/football/2017/mar/31/everton-new-stadium-liverpool-city-council Or, to be completely accurate, council to get £4.4m off Everton to act as a guarantor. The quotes are mildly amusing:
"We are not funding a billionaire. We are doing a great deal for Liverpool city council"
£176m over 40 years to give the thumbs up on cheap loans? Too right its a great deal.
"I don’t believe Everton will be relegated in the near future but, even if they were, we have the security of season ticket revenue, the TV deal, the value of players and the value of the club."
Dya reckon the council are crossing their fingers that they do get relegated so they can pick up the club on the cheap? A great deal indeed.
"They own the land at Bramley Moore and it’s up to them to put conditions in place that satisfy their shareholders and the club."
Well, they don't actually own the land, do they? They are leasing it.