*Shakes head* Everton again.

[Barrington Womble]

14 minutes ago, Lee909 said:

 

Depends how much they're loaning them. 

This years and any parachute payments will be worth a fair bit alone. If they went down yeah it's worth relatively fuck all,about 8ml a year base. But it's that gamble and totally depends on the loan. 

 

But the parachute payments are roughly 33ml a year so depends if theyre factored in. 

 

I'm just guessing but surely a media company will see that as option

I don't think they're a real media company..it's just a name..they have zero employees. 

[an tha]

Skint aren't they.

 

Are they paying the rent for Finch Farm?....They've got previous in that area....

[TheHowieLama]

2 hours ago, Lee909 said:

The game in hand is Luton I think

 

Both Burnley and Luton still have one.

[No2]

Guy from Josimir was on second captains today. Said 777 will pay a different amount depending on the outcome of October hearing. Made it sound like they want them to get hit hard so they pick up an even more distressed asset if that's possible.

[DalyanPete]

10 hours ago, Anubis said:

Radio Merseyside about to join the Red Echo on the shit list.

 

https://www.grandoldteam.com/forum/threads/radio-merseyside.118344/#post-10825370

 

 

from_the_eighties

Player Valuation: £500k

• 48 minutes ago

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I see since the revamp of local radio at the end of August even radio Merseyside has gone all RS now, whereas it used to be impartial.
Not only do they have the LFC podcast on BBC sounds and no Everton equivalent, the new Monday 6pm football phone in is now presented by LFC season ticket holder Paul Salt instead of the previous neutral Mike Hughes.
You can certainly tell they have gone like the echo where Internet clicks and national online listeners/ readers are the priority nowadays and LFC are the product to do that.

 

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LEONARD

Player Valuation: £50m

• 40 minutes ago

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We are slowly fading away.

The mind of an evertonian is truly a wonderful thing.

[Anubis]

8 hours ago, Red74 said:

https://x.com/theesk/status/1703871165242950060?s=46
 

these are fucked 

 

If you’re taking out loans from shysters to cover working capital I imagine that isn’t good.

[Barrington Womble]

6 hours ago, No2 said:

Guy from Josimir was on second captains today. Said 777 will pay a different amount depending on the outcome of October hearing. Made it sound like they want them to get hit hard so they pick up an even more distressed asset if that's possible.

 

That backs up that daily mail story, where they said moshiri had been looking for 500m, but has had to accept a low ball deal with add ons in order to stop having to pump money in. 

[Anubis]

Fingers crossed…..
 

 

 

@theesk

 

 

"sizeable" £20m..... In context approximately will cover a month's cashflow.

@David_Ornstein

more like minimal?
 

 

 

JBG

 

@efcjipster

·

32m

 

Spoke to someone in finance yesterday who thinks we will be in administration by end of calendar year. Do you agree with this Paul ?

 

 

 

the esk

 

@theesk

·

28m

 

Yes, unfortunately. I have suggested this for some

[Anubis]

So shady they study nuclear physics.

 

[Lee909]

How the fuck are they this close to administration. I know they don't generate corporate,or sponsorship well but fuck me they got over 160ml last year in TV/Prize money alone from what ive read. They really are a terribly run club. 

[AngryOfTuebrook]

10 hours ago, Lee909 said:

The game in hand is Luton I think

It is, indeed.

[AngryOfTuebrook]

8 minutes ago, Lee909 said:

They really are a terribly run club. 

They are the anti-Brighton.

[Mudface]

11 minutes ago, Lee909 said:

How the fuck are they this close to administration. I know they don't generate corporate,or sponsorship well but fuck me they got over 160ml last year in TV/Prize money alone from what ive read. They really are a terribly run club. 

 

That's pretty much all they make though, gate receipts etc are pretty negligible, and them chasing the power shift resulted in a ridiculously high wages to turnover ratio.

[AngryOfTuebrook]

9 hours ago, littletedwest said:

The 777 thread on grand old team is interesting. Sounds like the loan was for working capital, in other words they need to lend money to pay wages and keep the lights on.

Also apparently they loaned more from the mysterious rights and media company

 

9 hours ago, Marko121 said:

According to The Echo, MSP Capital might call in their entire £150m loan if they aren’t happy with the new owners 

 

9 hours ago, Barrington Womble said:

That'll be ripped from the story the mail ran yesterday and it goes deeper as they said this Rights and Media mob will also do the same - it was rights and media that stopped the MSP investment, which subsequently got revived as a loan. 

 

[Captain Turdseye]

Loans to pay back loans to pay back loans. 

[Barrington Womble]

Even if they survive all this, the debt they carry from building this stadium will end up sucking every penny extra they make from the new stadium. It's incredible really how fucked they are. Feels very Leeds United at the moment. 

[Harry Squatter]

[AngryOfTuebrook]

12 minutes ago, Barrington Womble said:

Even if they survive all this, the debt they carry from building this stadium will end up sucking every penny extra they make from the new stadium. It's incredible really how fucked they are. Feels very Leeds United at the moment. 

It's a race between Relegation and Administration for which one gets them first; both are showing really strongly right now.

[Anubis]

A lot of GOT still deluding themselves that this is quite normal, and that the stadium will bring in massive streams of revenue that will have them living in a land of unicorns, fairies, and tea parties with talking animals. Its like watching Brexiteers before the vote all over again.

[Pidge]

Surely shares in the stadium profits is the only collateral they have at the moment. 

[Captain Turdseye]

Genuine discussion on Leighton Baines record (Everton U-18’s) versus Sean Dyche (Everton 18th)

 

 

[Harry Squatter]

47 minutes ago, Lee909 said:

How the fuck are they this close to administration. I know they don't generate corporate,or sponsorship well but fuck me they got over 160ml last year in TV/Prize money alone from what ive read. They really are a terribly run club. 

Not only that, they've had Premier League money since 1992 whereas Brighton were playing at an Athletics ground for years and had to sell their old ground to the Co-op. Brighton then built a decent sized modern ground and have been building the club up year by year. Everton have fucked up about 3 ground moves and then settled on a massively complicated and expensive stadium because they wanted it to be a massive statement. 

 

Leicester ended up in the 3rd tier of English football yet have won all 3 domestic trophies. West Ham, Fulham and Boro have all been to European finals and numerous smaller clubs have managed to build new stadiums and win trophies. Everton were spending far more money than any of these clubs for years and had the occasional money from European football and never having to reinvent themselves after a relegation. 

 

Yet Everton have done absolutely nothing apart from an FA Cup win in 1995 and another final in 2009. They were part of the big 5 who wanted to form the Premier League and now they just tell themselves they are the underdogs who took on the Sky 6 and that they've never recovered from Heysel. They've just always been comfortable laughing at us losing finals and obsessing about trying not to be like us. They like to be the plucky downtrodden underdog when it suits them but then go mad when people call them a small club, telling everyone how massive they are. 

[Captain Turdseye]

[Captain Turdseye]

“No matter how much worse it gets, Sean Dyche will not be sacked by Everton as nobody has the authority to do so.”

 

 

He’s untouchable. It resembles our situation with Dave Usher on here. 

[Captain Turdseye]

11 minutes ago, Captain Turdseye said:

Genuine discussion on Leighton Baines record (Everton U-18’s) versus Sean Dyche (Everton 18th)

 

 

 

Add in Big Dunc at Forest Green.