laudo9
Player Valuation: £10m
Problem is If/when administration happens, assets valuations drop like a stone!
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Blue Willy
Player Valuation: £8m
Were not going into administration.
What's he on about @davek ????
As a Rangers fan who also has an interest in Everton, watching events, unfurling over the last year or so fills me with dread as to the way this is potentially going, once these characters get a hold of the club and the administration option is used and assett stripping begins, it's a long and painful road back.
Sincerely hope Everton can get through this and a survive but as a lot are saying it isn't looking good.
I certainly wouldn't bet against it. We're haemorrhaging money at an alarming rate and there doesn't appear to be any signs of that changing any time soon.
ForestBlue
Player Valuation: £10m
Inappropriate Language
We are in a sh*te position financially and any business that needs a loan to cover day to day operational costs is in a poor/dire financial position. The exact financial position of 777 I dont think is known either so no option is off the table at the moment unfortunately.
Hopefully not Administration at any stage but ...
Hopefully not Administration at any stage but ...
GH_1982
Player Valuation: £750k
Will shane , Stephanie and stone cold be involved??
One of the great story lines
uglykidjoe1982
Player Valuation: £750k
The club can repay the debt by selling the stadium. So those who’ve lent money know they’ll get it back.
Investors won’t lose money but the club may well be screwed
It's almost as if the business is set up to launder money, with these massive loans in and huge expenditure out, but no it can't be that, because there would be somebody at the other end collecting money from EFC...hmm.
Also the PL would never allow that in their fit and proper persons test of course... hmm.
Also the PL would never allow that in their fit and proper persons test of course... hmm.
That's what I'm starting to come to terms with now. We'll have this great new stadium but we won't own it. I really hope that won't be how it ends up. I choose mystery owner, sliding in from nowhere to buy the lot of them out. As long as its not a Tory.
The BMD stadium makes us a much more attractive outfit for investors.
BlueAmigo
Player Valuation: £5m
I despise him so much I can't laugh at this kind of thing any more. So much damage done. He never ran his other businesses into the ground I note.
PeregrineT
Player Valuation: £35m
Moshiri pulls the 777 deal once hes got the last funding from them he can get. Now that he no longer needs them to finish out the stadium he then completes it, and puts the club up for sale to a new buyer with shiny new stadium included. Sale completes at the end of this year?
knowing your history
Player Valuation: £30m
Administration must be a serious possibility if that is the timescale. And basically hampers the summer market even after selling key players for big market.
Basically where RS were in 2010. Hicks/Gillett were having their squabble and running them into the ground and think they were only 48 hours away from admin before Fenway came in.
The last few weeks have been the brightest for a couple of years on the pitch but feels like just one big hallucination with what is to come.
The longer this goes on the cheaper the club gets , but also the more treacherous it gets for the club, stadium and fans.
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