Switch Island Everton FC Stadium?
EVERTON is in talks with £2bn property giant Peel Holdings to build a new stadium at Switch Island.
The company, one of the biggest developers in the UK, is offering the land it owns at Netherton.
Peel, led by multi-millioniare recluse John Whittaker, will provide a feasibility study into building the ground.
The news is a massive step for the club.
Peel Holdings has a record of pulling off major developments around the country.
It owns Liverpool John Lennon airport, Mersey Docks and Harbour Company, the Manchester Ship Canal and the Trafford Centre.
A senior Everton source said the study is entirely at Peel's expense and would not cost the club a penny.
A City source close to the talks told the ECHO today: "The plan is for Peel to build a new stadium for Everton to gradually acquire it on a lease scheme.
"Over the medium term the plan would be a win-win for both parties."
more
Blues
talk to Celtic's stadium builder.
EVERTON officials are talking with one of the country's top stadium builders over plans for a new home in
Kirkby.
The club has spoken to Barr, the developers behind Celtic's acclaimed Parkhead stadium and St Mary's in Southampton, as they prepare to
decide on whether to quit Goodison.
The Ayrshire-based firm is now working on ideas if Everton leave the city after 114 years.
The club was
today tight-lipped, insisting the scheme was at the very earliest stage.
A spokesman said: "We are still studying several
options."
http://icliverpool.icnetwork.co.uk/0...name_page.html
Dubai takeover 'will only work if Liverpool share stadium'
Dubai takeover 'will only work if Liverpool share stadium'
By DANIEL KING - Daily Mail
Last updated at 23:11pm on 9th December 2006
Liverpool's potential new owners will be able to make a decent return on their £450 million investment only if they revisit proposals for a groundshare with arch-rivals Everton, according to a leading football finance expert.
Last night insiders at both clubs dismissed the idea, but Professor Tom Cannon, dean of the University of Buckingham, insists the controversial move is the only way Dubai International Capital could make the deal work.
Although Cannon rates the chances of the Dubai takeover going through as high, he believes that DIC could still walk away if they cannot see a way of significantly increasing profits.
DIC are the private equity arm of the Dubai state, whose leader is Sheikh Mohammed bin Rashin Al Maktoum, reputedly the fifth richest man in the world.
A groundshare would meet with huge opposition from both sides of the Merseyside divide.
Everton were once keen on the long-mooted idea, but they are now further down the road with plans to move to Kirby than Liverpool are with proposals for a new stadium in Stanley Park and would not want to feel beholden to their rivals or their new owners.
But government and development agencies have always made it clear they would give increased political and financial backing to a shared stadium.
Cannon said: "When DIC have invested in other businesses, they have been looking for a return of about 10 per cent per year on their money.
"In the last three years, Liverpool have averaged a profit of £1m-£2m. Even if DIC are looking to increase the profits to £20m, the only way I can see them doing it is by building a shared stadium. A hotel and other facilities would bring in a certain amount of money with one team, but with two they could make a lot more money."
But Professor Cannon has joined other experts in warning that the Sheikh will not be matching the Chelsea transfer spree funded by Roman Abramovich.
Cannon said: "I'm told that the Sheikh is far from impressed with the publicity surrounding the bid and the suggestion he is the new Abramovich.
"DIC are an investment company and they will not be looking at Liverpool out of sentiment or just as a way of raising the country’s profile. You could buy an awful lot of advertising for £450m."
If the DIC deal does not go through, American multi-millionaire George Gillett jnr could return with an improved bid.