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I hear what your saying mate, but probably is the most used word in your post.
davek
Player Valuation: £150m
How would anyone draw that conclusion?
It's simple enough: Everton have shifted lending institutions who provide this bridging loan. Now it's shifted again and the deal seems to be that instead of Everton paying £1.6M pa for that *priviledge* we now pay £1.3M to a club director.
Now you can only arrive at this point: do you think the saving of £0.3M is acceptable if it means that £1.3m is going to a club director? That's the moral hazard here. I know what I think.
I suppose at the end of the day you could make all kinds of tortuous arguments trying to redefine who's paying what to whom in an effort to defend the indefensible. It's far easier to call a spade a spade and say what you see in front of you though.
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Chang Elephant
Forum God
As long as you hear what I'm saying, that's good enough.
I might be getting the wrong end of the stick here mate are you saying that Vibrac is Robert Earl or some form of BCR. Rather then him being the middle man?
Woolly Blue
Player Valuation: £80m
Errr, not being funny like, but where does the £1.3million interest figure come from ?
I can't see that in http://www.scribd.com/doc/62701660/Vibrac-Charge-190811
I can't see that in http://www.scribd.com/doc/62701660/Vibrac-Charge-190811
davek
Player Valuation: £150m
It's not BCR. It's another vehicle being used by Earl/Green. If that's ever proven wrong I'll be happy to eat a large slice of humble pie. Like I say, you can look for get out arguments from what's staring you in the face all day long.
We dont know that for certain mate, if that is true then i am 100% on board, have we any proof either way that Vibrac is a arm of Earl or just a lending instituiton. It seems at the moment no one knows for certain and just guessing.
Like i say if it can be proven i am 100% behind you?
davek
Player Valuation: £150m
It's the cost of the transaction.
Chang Elephant
Forum God
Do you accept that Earl owns shares in Everton through BCR...the ownership of BCR can't be proven either.
davek
Player Valuation: £150m
That's fine by me mate. A reasonable point to leave this issue at: Is it all a big coincidence, or is there something more to it than that? Let people decide for themselves what connection, if any, there is between these individuals and institutions.
Very much so but this isnt unusual in football mate, indeed i think at this stage Kenwright is on his third company or fourth holding company for his shares in Everton.
If its the Philip Green thing your hinting at i dont know if i buy it or not - its a bit of a tin foil hat theory tbh mate.
Chang Elephant
Forum God
Even Kenwright hasn't obscured his holdings by registering companies in the British Virgin Islands yet. Probably waiting till he understands accounts. 
Woolly Blue
Player Valuation: £80m
Ta lad, I see it now
Taking out loans to pay for loans is madness !!
I run a£5 million pound turnover buisness think I may apply to everton because they don't have a clue !! It's like food shopping on your credit card but worse think we are in a real ££ mess ! All these deals with big cola bet fair etc these need to be bigger deals £10 mill of Chang is nothing ! Gotta a feeling goodison will have it's name sold next as we have nothing left other than players to sell and moyes won't allow that
I run a£5 million pound turnover buisness think I may apply to everton because they don't have a clue !! It's like food shopping on your credit card but worse think we are in a real ££ mess ! All these deals with big cola bet fair etc these need to be bigger deals £10 mill of Chang is nothing ! Gotta a feeling goodison will have it's name sold next as we have nothing left other than players to sell and moyes won't allow that
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