Farhad Moshiri

[davek]

We didn't make £3m profit this summer. That's not true.

We are one of three clubs to make a profit this summer..

 

[Sapie88]

Can someone educated (that hopefully rules out @bizzaro) explain to me why we've taken out a loan?

 

[Axlswhk]

Kenwright got away without questioning from some of the fans who are now calling moshiri a fraud,

Moshiri is a fraud and kenwright is a clueless fraud. Martinez is the biggest fraud in the history of Football.

Fair enough?

 

[Connor]

We are one of three clubs to make a profit this summer..

Only in terms of transfer expenditure to money brought in.

We all know that's not a true representation, however. Still have fees to pay to players and agents.

 

[chicoazul]

Can someone educated (that hopefully rules out @bizzaro) explain to me why we've taken out a loan?

Aye I'd like to know that. The only reason I can think is cash flow and we shouldn't have those problems.

 

[ProZ]

Im sick of dealing with amatuers, its embarrasing and degrading to the club, get the nomarks out and lets go again for Jan.

 

[The Esk]

Can someone educated (that hopefully rules out @bizzaro) explain to me why we've taken out a loan?

Hope this helps:

Just for the record, I was informed in early summer that the club's debts had been settled and a significant sum of money had gone into the club. I have spoken to the person several times since and he is insistent. The person concerned without revealing identity would be in a position to know this and given his professional status is unlikely in the extreme to not be telling the truth.

I believe the debt he is referring to is the long term Pru/AIB loan.

Now let me deal with Rights and Media Funding Limited. The way the previous loans from them are structured is that they take an assignment over the Premier League broadcasting payments. At the end of the year the payments made by the Premier League are paid not directly to Everton but to the lender (R&M Funding Limited) and the balance is forwarded to Everton. Therefore the loan is always paid off before the beginning of a new season.

The charge document which has appeared on Companies House does not necessarily mean an additional loan has been taken out. It would appear as it has if the club has agreed a facility with the lender. A facility is an option to borrow money at any time over the period of the agreement.

You might want to consider what this option is for. We are about to engage in the building of a new stadium. In all my comments and articles previously I have stated we would have debt as part of that exercise.

 

[roydo]

Aye I'd like to know that. The only reason I can think is cash flow and we shouldn't have those problems.

Who said we have? Taken one out that is??

 

[ianefc]

We are one of three clubs to make a profit this summer..

Are we? I thought the removal of Martinez and staff and the employing of Koeman and Staff plus Walsh cost an estimated £23m plus £7m for Gueye plus £12m for Williams plus £25m for Bolasie plus £2m for Stekelenberg plus a few million more for other youth signings goes against the £47.5m for Stones.

To recap that's at least £69m spent V £47.5m incoming?

 

[chicoazul]

Who said we have? Taken one out that is??

Seen it before linked on Twitter, the official declaration of it. Unless I'm mistaken?

 

[Kytoffee]

What are the chances that the lack of information coming out of the club since the window closed is indicative of a power struggle or something similar internal struggle? Maybe Mosh is pissed and attempting to shake things up?

 

[roydo]

Oh. Thanks Esk.

So we havnt, but have the facility open still? Like them weird save and borrow bank accounts in the 80s.

 

[chippy1722]

Are we? I thought the removal of Martinez and staff and the employing of Koeman and Staff plus Walsh cost an estimated £23m plus £7m for Gueye plus £12m for Williams plus £25m for Bolasie plus £2m for Stekelenberg plus a few million more for other youth signings goes against the £47.5m for Stones.

To recap that's at least £69m spent V £47.5m incoming?

If your using paying off managers contracts etc, then add tv money etc in and we are definitely in profit.

 

[D410]

Are we? I thought the removal of Martinez and staff and the employing of Koeman and Staff plus Walsh cost an estimated £23m plus £7m for Gueye plus £12m for Williams plus £25m for Bolasie plus £2m for Stekelenberg plus a few million more for other youth signings goes against the £47.5m for Stones.

To recap that's at least £69m spent V £47.5m incoming?

Cladding mate..dont forget the cladding.
oh and the new artwork around the ground...not cheap that stuff.

 

[Toast]

Waiting on the bill for the plane for Sissoko probably.

If it's still on the runway, we could attach a banner on the back before it takes off ?