Avinalaff Posted October 20, 2011 Report Share Posted October 20, 2011 http://www.scribd.com/doc/69456072 Scribd is full of viruses btw, so be careful. I used to get my guitar pdf's from there and have had lots of warnings. Quote Link to comment Share on other sites More sharing options...
Bailey Posted October 20, 2011 Report Share Posted October 20, 2011 I would have thought it would have made financial sense for one of Everton's main shareholders to buy the land and loan it back to the club. It seems like a full proof investment, and considering some on the board are very wealthy indeed they could help kill two birds with one stone so to speak. They would get a guarenteed payment back from the club every year, and if it took their fancy they could also reduce the rate we pay. If he could then leave us as the beneficiaries in their will when they die then would also be good. Quote Link to comment Share on other sites More sharing options...
Louis Posted August 12, 2012 Author Report Share Posted August 12, 2012 It doesn't look like this has sold yet. The owners, Rom Capital (academy) Ltd. have now changed their name to Finch Farm Ltd. Quote Link to comment Share on other sites More sharing options...
Guest blueboy122 Posted August 12, 2012 Report Share Posted August 12, 2012 What benefits would it have to someone, having an asset but not be able to use it...... Quote Link to comment Share on other sites More sharing options...
MikeO Posted August 12, 2012 Report Share Posted August 12, 2012 What benefits would it have to someone, having an asset but not be able to use it...... Same benefits as anyone owning a property and renting it out gets....income. Quote Link to comment Share on other sites More sharing options...
Guest blueboy122 Posted August 12, 2012 Report Share Posted August 12, 2012 So why haven't rom capital done that? Same benefits as anyone owning a property and renting it out gets....income. Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted August 12, 2012 Report Share Posted August 12, 2012 So why haven't rom capital done that? They rent it to us. Quote Link to comment Share on other sites More sharing options...
Guest blueboy122 Posted August 12, 2012 Report Share Posted August 12, 2012 They rent it to us. Ah yes sorry with you now. Essentially if Capital ram sold the site to someone else, could the new owners charge us double what we have been paying previously? Therefore potentially leaving us to train in Sefton park because we can't afford the new rent that the new owners are charging? Quote Link to comment Share on other sites More sharing options...
Louis Posted August 12, 2012 Author Report Share Posted August 12, 2012 No, it's all in a contract that specifies the amount of rent that will be charged. Personally, I'm wondering whether the club are interested in buying Finch Farm Quote Link to comment Share on other sites More sharing options...
Guest blueboy122 Posted August 12, 2012 Report Share Posted August 12, 2012 No, it's all in a contract that specifies the amount of rent that will be charged. Personally, I'm wondering whether the club are interested in buying Finch Farm What benefit would it be? Quote Link to comment Share on other sites More sharing options...
pete0 Posted August 12, 2012 Report Share Posted August 12, 2012 What benefit would it be? If we bought it, the club would save millions in the long run (which isn't that long, as the rent is so high). Quote Link to comment Share on other sites More sharing options...
Louis Posted August 12, 2012 Author Report Share Posted August 12, 2012 It'd pay for itself within 12 years... Everton have a 50 year lease Quote Link to comment Share on other sites More sharing options...
mcirony Posted August 13, 2012 Report Share Posted August 13, 2012 (edited) Well as some one else points out above, it's 1.2 million a year to rent for a 50 year contract. If we buy it outright it'll only cost us 15mil excluding VAT ( providing the asking price hasn't changed). That's a significant difference, albeit money spread over a long period. Ha ha I didn't see that two people had already replied to the 'what benefit?' question! Seems i also need to read the whole thread before I post! Edited August 13, 2012 by MoyesForPM Quote Link to comment Share on other sites More sharing options...
StevO Posted August 13, 2012 Report Share Posted August 13, 2012 If the club came out and said they have taken the Rodwell money and used it to buy the training ground, and no further cash for the playing squad, how would you react? Would save them approx £1m a year in rent. Matt 1 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted August 13, 2012 Report Share Posted August 13, 2012 If the club came out and said they have taken the Rodwell money and used it to buy the training ground, and no further cash for the playing squad, how would you react? Would save them approx £1m a year in rent. I'd wonder if our board had had brain transplants for brains capable of good business sense. Bailey 1 Quote Link to comment Share on other sites More sharing options...
mcirony Posted August 13, 2012 Report Share Posted August 13, 2012 Any chance they could take a mortgage to secure it?! Potentially we could pay it off after 10-15 years and then it's ours! I suppose they'd have to find someone to stump up the mortgage but I doubt it's impossible to broker that kind of deal. Quote Link to comment Share on other sites More sharing options...
Louis Posted August 13, 2012 Author Report Share Posted August 13, 2012 It's very possible. I'm half expecting it to happen.. we are guaranteed Premier League income this season and it's not been mortgaged against. Quote Link to comment Share on other sites More sharing options...
Louis Posted June 10, 2013 Author Report Share Posted June 10, 2013 http://www.london-gazette.co.uk/issues/60518/notices/1831673/all=05798738 Date: 28 May 2013 Issue Number: 60518 Page number: 10479 Publication Date: Tuesday, 28 May 2013 Notice Code: 2442 Meetings of Creditors FINCH FARM LIMITED (Company Number 05798738) Recovery House, 15-17 Roebuck Road, Hainault Business Park, Ilford, Essex IG6 3TU Principal Trading Address: Suite 1 Burney Court, 113 Manor Road, Chigwell, Essex IG7 5PS Notice is hereby given pursuant to Section 98 of the Insolvency Act 1986 that a meeting of creditors of the above named Company will be held at Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, Essex IG6 3TU on 7 June 2013 at 10.30 am for the purposes mentioned in Sections 99 to 101 of the said Act. Creditors wishing to vote at the meeting must lodge their proxy, together with a full statement of account at the registered office - Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, Essex IG6 3TU not later than 12 noon on 6 June 2013. For the purposes of voting, a secured creditor is required (unless he surrenders his security) to lodge at Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, Essex IG6 3TU before the meeting, a statement giving particulars of his security, the date when it was given and the value at which it is assessed. Notice is further given that prior to the meeting Allan John Clark of Carter Clark, Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, Essex IG6 3TU, who is qualified to act as an Insolvency Practitioner (IP Number 8760), will furnish creditors free of charge with such information concerning the Company’s affairs as they may reasonably require. The telephone number of Allan John Clark is 020 8524 1447. Ryan Sinclair who can be contacted on 020 8559 5092 will be able to assist with enquiries by creditors. Resolutions to be taken at the aforementioned meeting may include a resolution specifying the terms on which the Liquidator is to be remunerated. The meeting may also receive information about or be called upon to approve the costs of preparing the statement of affairs and convening the meeting. 15 May 2013 Marco Stellon Director (1831673) They're (the company, not Everton, Everton don't own Finch Farm) four months behind with accounts and a fortnight behind with the Annual Return. Either the company is going to be closed/wound up or they'll file accounts. If it's being wound up, it probably means that Finch Farm has been sold. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted June 10, 2013 Report Share Posted June 10, 2013 Why don't we just sell Fellaini and buy it? Quinn31 1 Quote Link to comment Share on other sites More sharing options...
Quinn31 Posted June 10, 2013 Report Share Posted June 10, 2013 Why don't we just sell Fellaini and buy it? Not a terrible idea if we can get it for under-market value due to company having financial problems? Quote Link to comment Share on other sites More sharing options...
StevO Posted June 10, 2013 Report Share Posted June 10, 2013 Surely if its going cheap it would be worth getting it back. I'm sure the bank would mortgage it should the repayments be less than the current rent. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted June 10, 2013 Report Share Posted June 10, 2013 It would please the Blue Union too I expect, as we would be adding an asset of value, not to mention long term rental savings. Quote Link to comment Share on other sites More sharing options...
Louis Posted June 10, 2013 Author Report Share Posted June 10, 2013 Liverpool City Council bought it last month for £13m. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted June 10, 2013 Report Share Posted June 10, 2013 Liverpool City Council bought it last month for £13m. I'm not sure that's a good thing or a bad thing. Could we see a 300 strong housing estate on our beloved training facilities? Quote Link to comment Share on other sites More sharing options...
Zoo Posted June 10, 2013 Report Share Posted June 10, 2013 I think it's pretty safe because of where it is. They won't built a housing estate next to a runway. Quote Link to comment Share on other sites More sharing options...
MikeO Posted June 10, 2013 Report Share Posted June 10, 2013 I'm not sure that's a good thing or a bad thing. Could we see a 300 strong housing estate on our beloved training facilities? Pretty sure we're "sitting tenants", Whoever bought it did so in the knowledge that we'd be there for the long term. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted June 10, 2013 Report Share Posted June 10, 2013 I think it's pretty safe because of where it is. They won't built a housing estate next to a runway. Runway? Quote Link to comment Share on other sites More sharing options...
Zoo Posted June 10, 2013 Report Share Posted June 10, 2013 Runway? To the airport. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted June 10, 2013 Report Share Posted June 10, 2013 To the airport. http://wikimapia.org/#lang=en&lat=53.357877&lon=-2.815247&z=14&m=b&permpoly=11235795&show=/11235795/ Quote Link to comment Share on other sites More sharing options...
Zoo Posted June 10, 2013 Report Share Posted June 10, 2013 Well it's too close to the airport to comfortably live in. When I played there the sound of air-crafts was deafening and many times we would have to set-up the training again because the balls had rolled away. Quote Link to comment Share on other sites More sharing options...
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