escla

Posts: 2,453

October 2011

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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Count me in Iceablue ! Getting bugger all interest on cash at the moment, worth a punt !

1ceablue

Posts: 3,253

October 2011

tickets11 said:

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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ye right.

most of the fans can barley afford a season ticket.

BK says he wont increase ticket prices, not for the fans because he knows if he increases them lot of fans wont be able to afford them.  and yet you think we can get together 15m, thats laughable.  

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You haven't got a clue lad.
It's only laughable if you judge things by your own low standards. There are plenty of EFC supporters with spare money who, as escla says, are getting sod all returns on it at the moment. It's the same with shares in the club, there are many people, like myself, who would love to buy a number, not for a return but just to own a bit of the club, but try finding someone who will sell. Just look in the boxes and the good seats in the main stand, never mind ten times that number of those who no longer have the time to go to the games, and you will see people and businessmen who do have the wherewithal as I suggest............there's certainly a few on here who do.....

tickets11

Posts: 1,002

October 2011

tickets11 said:

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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and just to add.  with the rent set at nearly 10% of the value of (excellent value) im expecting this to be snapped up in a matter of weeks.

tickets11

Posts: 1,002

October 2011

Galway Blue Nose said:

Forget about football for a min and look at this situation as an investment oppertunity. Ice has a valid point in that there would be enough Blue fans to raise 15m, that can not be questioned. If these guys were to enter the market get a capital guarentee on their investment plus 20% return over and above the rate of inflation, over a 5 to 10 year period, they would snap your arm off for such a return. Those who invested would have been investing in their club,recieving a good return on their investment and Everton Fc would have a price freeze on the cost of re buying Finch Farm.

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it would never work.

if united cant get enough fans to buy out the glazers.  and the RS couldnt even come up with 300m despite both having a GLOBAL fanbase of hundreds of millions of fans that even consists of billionaires.

then how are we going to get together 15m from the majority of evertonians who come from a working class background.

as I said for 10% yield im expecting this to be snapped up quickly.

these ideas sound very easy, but they never work.  no one in their right mind would invest especially the way kenright runs the club.  and what if in a few years time we get relegated, then what the*** are you going to do with finch farm.

sambo applecart

Posts: 24,216

October 2011 And just for the record, if i had the money, i'd buy the place, then just give it to the club for nothing.

Galway Blue Nose

Posts: 461

October 2011

tickets11 said:

Galway Blue Nose said:

Forget about football for a min and look at this situation as an investment oppertunity. Ice has a valid point in that there would be enough Blue fans to raise 15m, that can not be questioned. If these guys were to enter the market get a capital guarentee on their investment plus 20% return over and above the rate of inflation, over a 5 to 10 year period, they would snap your arm off for such a return. Those who invested would have been investing in their club,recieving a good return on their investment and Everton Fc would have a price freeze on the cost of re buying Finch Farm.

Forget about the fans for a min. Look at it as a investment bond. Many bonds are made up of property so why cant Finch Farm be packaged as a investment oppertunity, you dont have to confine it to Everton fans.
15 millionaires is all that is needed not 300 as was the case with others. Everything is possible.
On another point dont talk of Everton and relegation in the same sentence. When were we last relegated ???
And if a team is relegated are you saying they no longer need a training ground ??

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it would never work.

if united cant get enough fans to buy out the glazers.  and the RS couldnt even come up with 300m despite both having a GLOBAL fanbase of hundreds of millions of fans that even consists of billionaires.

then how are we going to get together 15m from the majority of evertonians who come from a working class background.

as I said for 10% yield im expecting this to be snapped up quickly.

these ideas sound very easy, but they never work.  no one in their right mind would invest especially the way kenright runs the club.  and what if in a few years time we get relegated, then what the*** are you going to do with finch farm.

OldGoldenVision

Posts: 19,512

October 2011 I did type up a lengthy response, but then I thought "Johnny, la gente esta muy loca!
What the ......!?"