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*Shakes head* Everton again.


Fugitive

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11 hours ago, φαίνω said:

As per a previous post, Echo pad it out. 

 

Government bombshell could send Liverpool Council into the abyss - and hit new Everton stadium plans

 

A surprise government decision to suddenly hike up the rate it costs cash-strapped local authorities to borrow money for regeneration projects will be a 'tragedy' for Liverpool Council.

The council - which has been hit harder than any other city authority during the past decade of austerity - has relied heavily on the Public Works Loans Board (PWLB) for borrowing low-interest loans to use on regeneration and investment projects to try and stimulate the city's economy in the face of continued cuts.

Liverpool Mayor Joe Anderson has used the fund to invest in purchases of assets like Everton's training ground Finch Farm and the famous Cunard building to bring in new revenue streams to an authority that has lost a staggering £436m of government funding since 2010.

 

Last week, without any warning, the Treasury quietly announced it was increasing the interest rate for the PWLB by an entire percentage point - meaning the typical rate for a loan will be increased from 1.8% to 2.8%.

Mayor Anderson has described the move as 'the economics of a mad house' - and said it could affect all future regeneration schemes in the city.

 

In the city council's latest financial reports, it estimates that external borrowing by the authority is set to total a huge £890m this year - a figure projected to rise to a giant £1.308bn in four years time.

 

He told the ECHO: "This is a disastrous move. Many councils are like us and rely on the Public Works Loans Board to invest in our local areas and grow the economy.

"In my view this just shows again what a total disconnect there is between government and local authorities - there is a total lack of understanding of what we are up against.

 

"Local authorities have been using these loans to make investments and raise funds during these times of austerity - to to make this harder to do is absolute madness.

 

"The government is intent on making councils rely on business rates and Council Tax to fund vital services in the future and so we need to grow both of these areas to make us sustainable - this decision will stop us being able to do that. It is the politics of a mad house."

"It is absolutely going to stifle growth in the city."

Everton fans may remember mention of the Public Works Loans Board in relation to plans for the Blues new stadium.

When Mayor Anderson first suggested that the council could borrow government money to fund a large portion of the Bramley-Moore Dock project and receive a regular return - he said it would be using this facility.

While it seems as though Everton are moving away from taking up the council's offer - the club's preferred method of funding the new stadium has yet to be announced.

 

Lib Dem Councillor Andrew Makinson said news of the sudden rise showed Liverpool Council has been taking too many risks with its borrowing.

He said: "This is what happens when councils like Liverpool misuse Public Works Loans for schemes like buying up shopping centres and lending money to Billionaires.

 

"Playing Monopoly with public money was never something that was never going to be allowed to continue long term.

"This will be a tragedy for many genuine worthwhile projects in our city and our communities will now suddenly become unaffordable."

But Mayor Anderson responded and said that when it comes to Bramley-Moore Dock, any additional costs - including an increased interest rate - would be met by Everton.

 

He said: "With regards to Everton, if we were to be involved - we have always said that any of those extra costs would be picked up by the club."

If Everton were moving away from taking up the council's borrowing offer to help fund the new stadium - news of an increased interest rate in any such deal may end any idea of local authority involvement altogether.

Mayor Anderson that said where the council has borrowed from the PWLB previously - that had been done at the previous interest rate and would not be affected, but said future projects would need to be carefully looked at in the context of the shock government move.

And so the back pedalling starts

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Maybe theyre not as shit as we all think. They have the players to win games easily. A defence that doesnt leak goals .....to some extent!! A bit of class in the middle. Just need to play to their strengths.

 

 

Kenshin

Kenshin

Player Valuation: £35m
We have the players to win games easy.

To some extent we have a defence to not leak goals , injuries permitting.

Midfield has a bit of class about it with experience and winners mentality.

Just need to actually play to their strengths and not shoe horn them
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9 hours ago, liverpoolsno9 said:

Maybe theyre not as shit as we all think. They have the players to win games easily. A defence that doesnt leak goals .....to some extent!! A bit of class in the middle. Just need to play to their strengths.

 

 

Kenshin

Kenshin

Player Valuation: £35m
We have the players to win games easy.

To some extent we have a defence to not leak goals , injuries permitting.

Midfield has a bit of class about it with experience and winners mentality.

Just need to actually play to their strengths and not shoe horn them

If having "a winner's mentality" means you can win games in your mind, then, yeah... maybe. 

 

As for playing to their strengths, they have to find some first.

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They're not in those markets for the same reason that teams like Villa aren't- they've done absolutely fuck all for years and the people they're looking to appeal to aren't interested in their history. Pretending you're the 'people's club' isn't going to cut any ice.

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With no sense of irony whatsoever.

 

 

LouReedwalkonthewildside

LouReedwalkonthewildside

Player Valuation: £70m
 
View attachment 68973

Kopite mate sent me this, he’s convinced it’s gospel too.

What is it about that club that turns otherwise good people into clinical morons the moment the topic turns to football?
Exactly the same with my RS mate, absolutely boss lad until you get onto them and footy, then he becomes a deluded bellend.
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it took them until the 9th & 10th games last season to record successive wins, until at last, in gameweek 31/32/33 to manage it again.  A back to back record of 2 wins and 3 wins in a whole fucking season. Needless to say, they've not managed it this season yet, either. At least they have the comfort of knowing they've got the players to win games easily, and midfielders with a winning mentality.

 

Then they wonder why they're not attracting the interest of Far Eastern fans queueing up for a club to support. besides, even if there were a few loons who did decide to follow them, wouldn't they come under the heading of 'manufactured'? If they didn't support them from birth, but only jumped on at some random point, would they be any better than Redshite fans?

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Offended by everything 
roydo

roydo

Moderator
 
Staff member
Reference CAS-5661570-T1XTBY

Thank you for contacting us and for listening to BBC Radio 5 Live Sport.

Firstly, we apologise for the delay in replying.

We were sorry to read of your unhappiness at our football build up to Liverpool v FC Red Bull Salzburg in the Champions League on 02 October.

Please be assured, BBC Sport has not got any bias for, or against, any team.

The commentators actually were talking over the song, and we only heard it in the background.

That said, your concerns are noted.

Please be assured that your concerns were sent to senior staff at BBC Radio 5 Live via our daily 

report.

Thanks again for taking the time to get in touch.

Kind regards

Ciaran Hanna
BBC Complaints Team


Ok mate!
 
roydo

roydo

Moderator
 
Staff member
You're lucky to get a reply.
I wont lie, drink had been taken, but they literally shut Mike Costello up "to soak up the atmosphere" who was reporting from the World Athletics Championship. So, yeah, technically they were talking over the song, (as in, they told the athletics bloke to shut up as it was being sung) but as I said to them, there isnt a club on the planet that they would afford that to.
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