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*Shakes head* Everton again.


Fugitive

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10 minutes ago, AngryOfTuebrook said:

The whole idea of building an iconic stadium is false, anyway.  Stadiums gain iconic status on account of what happens there: great players in great teams winning great matches in front of great fans.  A mere building doesn't give you that.

 

True. But you can build a "a stunning new stadium", to quote Andy Hunter in The Guardian today.

 

The above is by no means "stunning" in any positive sense. 

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11 hours ago, Nelly-Szoboszlai said:

Had a spare afternoon So went to take a look at the enemy’s lair earlier for a change of walking scenery. Just to see if it really is the 8th wonder of the world, an “iconic stadium on the banks of the Royal Blue Mersey that people will travel

miles to see” etc, etc. 
 

It’s quite nice. But, just that. It’s nothing out of the ordinary though and isn’t the iconic stadium like a lot of blues are claiming. 


Not being bitter, but it’s got nothing about it that puts it into the iconic stadium bracket that the likes of Wembley, the Bernabeu, Nou Camp, Allianz Arena, Westfalenstadion, Anfield, La Bombonera, the San Siro etc occupy. 


A decent, modern stadium. But just that. 

7 out of 10 for the stadium. As it stands, 2 out of 10 for the surrounding infrastructure and facilities (pubs, shops, places to eat etc) unless you want to dispense of some sewage or buy some timber on your way to/back from the match - then it’s an 8 out of 10. 

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The walls totally block the view which is quite funny. Could easily just be a new Merseyrail train station. 

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11 hours ago, AngryOfTuebrook said:

The whole idea of building an iconic stadium is false, anyway.  Stadiums gain iconic status on account of what happens there: great players in great teams winning great matches in front of great fans.  A mere building doesn't give you that.


 

They’re going on about Goodison like Barca have decided to knock the Nou Camp down 

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Sounds like it might be while yet before a more serious/legitimate owner comes into the scene given the 777/A-cap/leadenhall debt and legal battle. Hopefully that opens up the door via Moshiri's desperation to another gang of charlatans to run them into the ground.

 

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4 hours ago, Moctezuma said:

Sounds like it might be while yet before a more serious/legitimate owner comes into the scene given the 777/A-cap/leadenhall debt and legal battle. Hopefully that opens up the door via Moshiri's desperation to another gang of charlatans to run them into the ground.

 

 

Football finance expert Kieran Maguire reckons they will be ok in the short term but says that if they haven't got a new preferred bidder lined up before the transfer window closes they will need to make a decent player sale before it shuts.

 

It seems that the main hold up is being caused by the 777 loan as potential investors are concerned that they won't get the money back. 

  

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21 minutes ago, Paulie Dangerously said:

 

Which one of these players was better than Suarez? THE ANSWER WILL SHOCK YOU -  Liverpool Echo 


That was some superb stuff. Jeffers better than Fowler was one thing but the Jelavic over Suarez shout was Theroux gear 

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16 hours ago, Megadrive Man said:

 

Football finance expert Kieran Maguire reckons they will be ok in the short term but says that if they haven't got a new preferred bidder lined up before the transfer window closes they will need to make a decent player sale before it shuts.

 

It seems that the main hold up is being caused by the 777 loan as potential investors are concerned that they won't get the money back. 

  

 

Maguire is full of shit I think. Although he normally gets info off the Esk on this, who seems to have someone on the inside. Obviously any PSR issue they have for this season can still be resolved in January or may/June.

 

So what he's talking about here is cashflow. Last season, their summer cash had run out by September. They've maybe got 40m from the friedkin loan - but last season they were burning through over 20m per month and the stadium build is still going, so that'd suggest to me they could be out of cash much earlier than the transfer window. And their running costs must be higher, because they're 200m more in debt than this time last year.

 

Player sales these days are mostly spread over multiple years. So it's surely reducing the pool of clubs who able to buy if they have to pay all in one go. 30m for Calvert Lewis for example isn't much use over 4 years. 

 

 

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So here's some commitment to comedy. I listened to the Esk podcast today. Here's some enjoyable moments:

 

Their debt excluding the 450m owed to Moshiri is currently standing at over £600m. 

 

The 777 debt situation is wonderful. So because 777 are going through a form of administration, the debt has fallen back to A-cap, who provided 777 with the money. A-cap are currently in court with a company called leadenhall capital. Leadenhall have loaned A-cap over 600m and they are secured against certain assets owned by A-cap. One being the loan to Everton. So moshiri's plan had been because the 777 debt is the least secure of all of Everton's debt (except his own), he would bully 777/a-cap into taking a haircut on this debt. Leadenhall have an injunction to stop this, because they say that asset is not A-cap's to devalue, it's effectively leadenhall's. So the only way out of this is for the 777 debt to be paid in full. Which makes buying Everton less attractive. And he believes this will take more time than Everton have, as there'll almost certainly be appeals no matter the outcome. 

 

But that's not the end of the court fun. As well as tying up A-cap and prevented them from selling this debt at a reduced rate, leadenhall also accuse A-cap and 777 of fraud. If this is found to be true, it would then create another legal headache for our bloo brothers and make Everton a beneficiary of crime. Stop sniggering. They're a grand old club. 

 

Despite what was said in public, he believes Everton's transfer plans will continue in one crucial way. They will still sell who they planned to sell. Sadly, it seems all their grand ideas for incoming players are in tatters and they're going to be reduced to loans and free transfers (watch out Joel). 

 

Our ever cheerful friend the Esk also went on to say he believes interest repayments on the outstanding debt are running somewhere between £1-1.2m per week. You hate to see it, you really do. 

 

Administration. Strangely with all this info, The Esk believes Everton are further away from administration than they were. They have all the ST money, 24/25 TV money, increased money from moving to Castore and a bit of walk around cash left over from the new Friedkin loan that replaced the MSP loan. But he didn't seem to have a clue how many months they're safe for. 

 

Then to round it all off, one of his mates asked him "wouldn't this all be sorted if moshiri would just pay off the 200m 777 debt". It's almost enough to make me find the crying laughing emoji on my phone. 

 

I love Everton me. 

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39 minutes ago, Barrington Womble said:

So here's some commitment to comedy. I listened to the Esk podcast today. Here's some enjoyable moments:

 

Their debt excluding the 450m owed to Moshiri is currently standing at over £600m. 

 

The 777 debt situation is wonderful. So because 777 are going through a form of administration, the debt has fallen back to A-cap, who provided 777 with the money. A-cap are currently in court with a company called leadenhall capital. Leadenhall have loaned A-cap over 600m and they are secured against certain assets owned by A-cap. One being the loan to Everton. So moshiri's plan had been because the 777 debt is the least secure of all of Everton's debt (except his own), he would bully 777/a-cap into taking a haircut on this debt. Leadenhall have an injunction to stop this, because they say that asset is not A-cap's to devalue, it's effectively leadenhall's. So the only way out of this is for the 777 debt to be paid in full. Which makes buying Everton less attractive. And he believes this will take more time than Everton have, as there'll almost certainly be appeals no matter the outcome. 

 

But that's not the end of the court fun. As well as tying up A-cap and prevented them from selling this debt at a reduced rate, leadenhall also accuse A-cap and 777 of fraud. If this is found to be true, it would then create another legal headache for our bloo brothers and make Everton a beneficiary of crime. Stop sniggering. They're a grand old club. 

 

Despite what was said in public, he believes Everton's transfer plans will continue in one crucial way. They will still sell who they planned to sell. Sadly, it seems all their grand ideas for incoming players are in tatters and they're going to be reduced to loans and free transfers (watch out Joel). 

 

Our ever cheerful friend the Esk also went on to say he believes interest repayments on the outstanding debt are running somewhere between £1-1.2m per week. You hate to see it, you really do. 

 

Administration. Strangely with all this info, The Esk believes Everton are further away from administration than they were. They have all the ST money, 24/25 TV money, increased money from moving to Castore and a bit of walk around cash left over from the new Friedkin loan that replaced the MSP loan. But he didn't seem to have a clue how many months they're safe for. 

 

Then to round it all off, one of his mates asked him "wouldn't this all be sorted if moshiri would just pay off the 200m 777 debt". It's almost enough to make me find the crying laughing emoji on my phone. 

 

I love Everton me. 

Everton should be on the school curriculum.  Business studies, legal, economics, accounting, history, fiction, it's literally all in there.

 

I've read this twice and have no clue how they get of this. I assume it will become a massive game of chicken, someone needs to pony up the next batch of cash when that clock rolls around or they all lose? 

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