Everton change bridging loan from Barclays to company in BVI

[Goat]

At least we aint Portsmouth.

 

[kenada_blue]

At least we aint Birmingham....

Damon will tell you...we're boss. Everyone else is gash and ready to implode

 

[davek]

Kerching! Cheers lads......

 

[kenada_blue]

Kerrching! Cheers lads......

Get Willis on the board FFS!

 

[Phenom]

Bruce Willis fault ffs!

 

[davek]

Bruce Willis fault ffs!

Blue Union v Bruce Willis. Last man standing kick off.

 

[Neiler]

We do this every year lids, it coincides with the Sky money and is a yearly loan thats paid back, its not additional as some would lead you to beleve.

 

[Matt Damon]

"Bridging Loan"

Dave. Thats the term you're looking for.

 

[Goat]

At least we aint QPR.

 

[davek]

We do this every year lids, it coincides with the Sky money and is a yearly loan thats paid back, its not additional as some would lead you to beleve.

Is it new that the loan is now held by a club director for the princely sum of £1.3M per annum? What do you think about that?

 

[davek]

"Bridging Loan"

Dave. Thats the term you're looking for.

The confusion's already been sorted Mr Matt. Thanks anyway.

 

[Neiler]

Is it new that the loan is now held by a club director for the princely sum of £1.3M per annum? What do you think about that?

Is the loan in the name of the director or Everton FC mate - whos liable?

 

[Matt Damon]

We do this every year lids, it coincides with the Sky money and is a yearly loan thats paid back, its not additional as some would lead you to beleve.

I'd be doing the same (at the eariest opportunity) if there was concern over cashflows.

And there is for every football club.

Or have people not noticed the MASSIVE instability in the financial markets?

That drop affects consumer - BUYING POWER and therefore commercial entities will be looking round to ensure short term finances are robust enough to manage until the economy picks up again.


People putting 2+2 and getting 42 again.


Also the Banks e.g. Barclays have been massively hit in the past three years. The banks recently have again.

So getting security from another source at a better rate (£1.3million instead of £1.6million) is a good indication that...

contrary to this belief being purported by a few that the club is not in for any imminent implosion.


PS. VILLA will be paying £21million on their loans this year to Lerner.

AT LEAST WE'RE NOT VILLA!

 

[davek]

Is the loan in the name of the director or Everton FC - whos liable?

It's the address of his BCR Sports. Maybe it's a coincidence. *Chortles loudly*.

You surely cant be making an apology for a man who's charging extortionate (sorry, 'exorbitant') rates for a loan to a club he's the custodian of?

New low reached if you are mate.

 

[sharron]

Is nobody else concerned about hmrc payments being mentioned a lot in these papers? If we stop paying tax we will be portsmouth in months