05 Jun 2024 07:23:52
I was listening to Talksport on Monday; the White and Jordan show; but instead of them they had Sam Whatshisface and a guy called Darra, who I believe is the Peterborough owner, as guest presenter, he was excellent giving Matterface no let up about his comments about Everton and the 'Firesale' alleged comments.
However moving on from that they had Kieran Maguire on giving his knowledge of Everton’s financial situation and that we were approximately £750,000,000 in debt with finishing the stadium costs included.
Maguire alluded to that figure will put off prospective investors, but before he finished speaking, Darra the guest butted in and said "Bargain", he then went on about out stature, history, new ground and fan base, and said for a premier league club with all that as well it’s a bargain.
Whoever he was, he knew his stuff and was respectful of our great club, not all gloom and doom UTFT.
05 Jun 2024 08:34:39
Listened to it yesterday mate thought was good piece and fought darra spoke very well also if yourself or anyone else has spare 30 minutes check out yesterday on youtube with ped from toffee tv and sam matterface again fought was good insight UTFT.
05 Jun 2024 09:58:43
Wouldn't necessarily have to find all the money in one go. Pay Moshiri off, and negotiate new loans with others. Over time the stadium would go a long way to paying off these debts.
{Ed002's Note - This is misinformation - the debt is now around £1.2B including £450M owed to Moshiri.}
05 Jun 2024 13:19:53
Any chance of a breakdown of the 1.2billion Ed002.
{Ed002's Note -
£159 million – due to MSP Sports Capital last month
£225 million – due to Rights and Media Funding
£4-5 million – Metro Bank
£220 million – estimated payments into the club by 777 Partners
£450 million – shareholder loans from Moshiri
05 Jun 2024 15:41:09
So 1.2b out lay. Have a ground worth around 800m with potential to double match day income and be used for other ventures besides football.
Increased sponsorship and naming rights for stadium. Sounds doable to me, for anyone looking long term that is.
{Ed002's Note - There needs to be investment in the ground to finish it and Moshiri paid £500M or whatever he is now looking for.}
05 Jun 2024 20:56:16
He might be looking for it, doesn't mean he is going to get it.