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*Shakes head* Everton again.


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29 minutes ago, devilsadvocate said:

Moshiri already plunged 600m of his own cash into Everton (150m to buy his 77% share and 450m in director loans which apparently he willing to write 100m of that debt off to take his ownership up to over 90%) and is willing to put another 100m towards the new stadium. 700m invested + they’re gonna take on 300m in debt to fund it. Crazy 

He's clearly hoping that if the stadium is built, that and the shite getting CL football is going to lift the club's valuation well over a billion pounds.

 

It's a massive gamble because there's already 6 clubs fighting for 4 CL places. Even if UEFA goes for this Swedish model expanded CL, everton are not amongst the English clubs who be involved.

 

The cost of the stadium will always be a millstone. Sure, Usmanov may pay forthe naming rights but is he going to do that for a club that cannot regularly get into UEFA's 2nd tier Europa League?

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On 15/02/2021 at 20:11, an tha said:

They are heading for going bust  - they have lost about 100m over last few seasons which puts them right close to the limit allowed under PL financial regs.

 

https://www.bbc.co.uk/sport/football/51114007

What a terrible shame that would be. <Use Sarcasm horn here>.

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