Everton FC

[spyinthesky]

Notice that will all their 'new' money, the local Liverpool Council (who are regularly moaning about the lack of Government money to pay for essential services) have bought Everton's Finch Farm training ground and are now investing £13m in an upgraded mini stadium to house their Under 21 games

[FloridaMarlin]

Lots of people in Self Pity City - and not just the red half - wondering why Liverpool City Council are investing in Everton's training ground when they have a vastly wealthy new investor who is giving them a £100m war chest and everything.

 

Liverpool council's rationale is that they lease the ground to Everton and will make money out of the deal.

 

A quote I saw today from a councillor went something along the lines of "If you have a house you rent out, you are more likely to get a good rent for it if it is in good condition."

 

That would be a fair enough argument if your tenant wasn't a wealthy individual who should be funding the upgrade himself.

 

Besides, I would have thought Everton would want to own their own training ground, not lease it from the council.

 

Most things in that crazy city defy logic, but of course, that's what makes them lovable, cheeky, scouse jackanapes.