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Finch Farm??
  • BlueJayDee
    Posts: 530
    Has anyone seen these documents before?

    http://www.scribd.com/doc/69456072/Everton-Training-Complex

    Is this a new sale, or a historic one?
  • Warrington Dan
    Posts: 8,858
    Looking at those pics and credit definitely has to go to the groundsmen. 
  • sambo applecart
    Posts: 24,197
    Warrington Dan said:

    Looking at those pics and credit definitely has to go to the groundsmen. 


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    i there was a like button dan i would like this comment!
  • Jayee019
    Posts: 902
    I hope this was the original sale as Everton sold off the rights and rent the property on a 99 year lease but with a buy back clause at some point i believe.
  • scottinfrance139347
    Posts: 2,312
    dunno why we cant build on the bullens or gwaldys, rest of the grounds fine if u ask me
  • Daive521
    Posts: 2,329
    I went on a 'jobsearch' there
  • Warrington Dan
    Posts: 8,858
    sambo applecart said:

    Warrington Dan said:

    Looking at those pics and credit definitely has to go to the groundsmen. 


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    i there was a like button dan i would like this comment!

    Suggest the idea to Milkster. Although the bast@rd deleted my comment because I said Walcott had a touch of a rapist!
  • sambo applecart
    Posts: 24,197
    Warrington Dan said:

    sambo applecart said:

    Warrington Dan said:

    Looking at those pics and credit definitely has to go to the groundsmen. 


    -----------------





    i there was a like button dan i would like this comment!

    Suggest the idea to Milkster. Although the bast@rd deleted my comment because I said Walcott had a touch of a rapist!

    -----------------





    he has, whats wrong with that??!
  • Warrington Dan
    Posts: 8,858
    sambo applecart said:

    Warrington Dan said:

    sambo applecart said:

    Warrington Dan said:

    Looking at those pics and credit definitely has to go to the groundsmen. 


    -----------------





    i there was a like button dan i would like this comment!

    Suggest the idea to Milkster. Although the bast@rd deleted my comment because I said Walcott had a touch of a rapist!

    -----------------





    he has, whats wrong with that??!

    For someone who's dead fast he isn't half slow when he has to control the ball. F#ck me, I think Neville couldrun circles around him.
  • Slepe
    Posts: 17
    BlueJayDee said:

    Has anyone seen these documents before?

    http://www.scribd.com/doc/69456072/Everton-Training-Complex

    Is this a new sale, or a historic one?


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    This looks new to me, BJD. Looks a good deal if I had the money I'd snap their hands off. And it gives the Blues £15M to spend.
  • 1ceablue
    Posts: 3,253
    The money doesn't go to EFC, they are the tenants. It would be a great item for the fans to buy though, first 15,000 or so £1K each share with an elected management to oversee it. Put me down for twenty five shares......
  • 1ceablue
    Posts: 3,253
    How many finch farm threads do we need, come on mods get the merging done......
  • sambo applecart
    Posts: 24,197
    1ceablue said:

    The money doesn't go to EFC, they are the tenants. It would be a great item for the fans to buy though, first 15,000 or so £1K each share with an elected management to oversee it. Put me down for twenty five shares......





    would this be possible mate??
  • ToffeeCup
    Posts: 2,959
    To be fair sambo....right there is the one thing Everton fans could buy....

    Buying the club would be silly.....trying to buy a stadium would be verging on suicidal.

    Buying the training ground though... that could be done... not sure where you'd go from there though.... but I'm sure you'll think of something!
  • 1ceablue
    Posts: 3,253
    sambo applecart said:

    1ceablue said:

    The money doesn't go to EFC, they are the tenants. It would be a great item for the fans to buy though, first 15,000 or so £1K each share with an elected management to oversee it. Put me down for twenty five shares......





    would this be possible mate??





    Of course. Now this is what BU could try and pull together, something that might actually help the club.......
  • sambo applecart
    Posts: 24,197
    1ceablue said:

    sambo applecart said:

    1ceablue said:

    The money doesn't go to EFC, they are the tenants. It would be a great item for the fans to buy though, first 15,000 or so £1K each share with an elected management to oversee it. Put me down for twenty five shares......





    would this be possible mate??





    Of course. Now this is what BU could try and pull together, something that might actually help the club.......




    I agree mate, but, why does the club just not buy it back, say with the money from the old training ground, then we have an asset??
  • 1ceablue
    Posts: 3,253
    sambo applecart said:

    1ceablue said:

    sambo applecart said:

    1ceablue said:

    The money doesn't go to EFC, they are the tenants. It would be a great item for the fans to buy though, first 15,000 or so £1K each share with an elected management to oversee it. Put me down for twenty five shares......





    would this be possible mate??





    Of course. Now this is what BU could try and pull together, something that might actually help the club.......




    I agree mate, but, why does the club just not buy it back, say with the money from the old training ground, then we have an asset??





    Because it would cost £15M which they don't have and borrowing the money would probably cost more and because renting it can be offset against revenue for tax purposes...........I'm sure tickets will explain it all........

    Come on BU, just organise this one thing, let's see if the fans can buy it.........
  • sambo applecart
    Posts: 24,197
    If they owned it, its a great idea, but they dont want to be buying a lease, which they would then have to buy again in a few yeas time..??
  • 1ceablue
    Posts: 3,253
    You don't get this do you. The fans could buy Finch Farm and keep it. The club could continue to rent it from the fans. It's now a proper relationship with fans. If the club or BU would organise it, it would be a simple matter to raise the £15M. It could be done by letting lots of fans, say 15-20 thousand buy a stake at about £1K, but really would probably only need between 500- 1000 fans who fancy getting involved for between £15- 30K and we easily have that number with that sort of spare cash. It would be a reasonable investment and the club would have a sympathetic landlord......
  • sambo applecart
    Posts: 24,197
    1ceablue said:

    You don't get this do you. The fans could buy Finch Farm and keep it. The club could continue to rent it from the fans. It's now a proper relationship with fans. If the club or BU would organise it, it would be a simple matter to raise the £15M. It could be done by letting lots of fans, say 15-20 thousand buy a stake at about £1K, but really would probably only need between 500- 1000 fans who fancy getting involved for between £15- 30K and we easily have that number with that sort of spare cash. It would be a reasonable investment and the club would have a sympathetic landlord......


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    In theory mate, i like this idea :)
  • tickets11
    Posts: 1,002

    im amazed no one still wants to point out how this was a massive **** up from the start by BK.


    we sold the land to ROM for 2.1m.  They then built us a training ground after completion was valued at 10m.  we signed a 50 year lease that will cost the club 110M although we do have a chance to buy back finch farm every 5 years (although naturally the price will go up)


    we currently pay 1.3m a year which is nearly 10% yield (way too much).


    what should of happened was we used the 2.1m(received from the land sale) as a down payment on a mortgage lets say 8%, we would of then owned finch farm so no need to pay rent and the repayment of the mortgage would be  LESS then the 1.3m we currently pay, and obviously at the end of the mortgage we would of then owned finch farm.


    this is what someone with 2 braincells would of done, but we have BK at the helm, and yet again it a case of short term gain i,e, (taking the 2.1m from the land sale) while in the long term we end up making a loss.

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