How much longer will it be before they take notice and leave Anfield!
Everton chief executive Robert Elstone has insisted that the global financial crisis will not stop the Merseyside club from proceeding with plans to build a new stadium at Kirkby.
According to the Liverpool Daily Post, Elstone said the £78 million in finance required would be derived from sponsorship and naming rights deals, as well as from the sale of current home Goodison Park.
The Toffees director felt that the economic downturn had made construction costs cheaper, and that a budget of £130m for the construction of the new stadium was within reason.
Elstone also touched on the difficulty of English football clubs to compete for foreign players, due to the country’s comparatively higher rates of tax and the weakening of the sterling against the euro.
He said: “It’s inevitable it will make it more difficult for us.
“Our recent negotiations with a player in Russia and a player in Spain have been affected by the higher tax rate. It’s eroding our substantial advantage over our rivals.” (Goal.com)
We were told by our esteemed owners Hicks and Gillett that a stadium would be built but not until the financial conditions were right to do so, in other words trying to buy time with a smokescreen after a previous deadline they had set was not meant, however Everton are planning to go ahead with plans regardless of the financial crisis and I applaud their forward thinking. Clearly the Toffees have people in control of their club with some sense whilst we have to make do with two guys who couldn’t care less about the club.
Remember, they bought the club with loans that we as a club are now paying back. Tom Hicks himself just made $450m from his Texas Rangers dealings but refuses to use this windfall to help the club. Incredible, truly incredible.