Farhad Moshiri

blueblue · October 11, 2017

Walken said:
he was denounced when he was the first to see through Kenwright also, these are dangerous times

When he saw through Kenwright ?

That is your opinion, I don't share it.

roydo · October 11, 2017

davek said:
If someone concocts a scheme to heap £400M onto a club to pay off - a club that fluctuates between small losses and profits each season - is that having due regard for the company?

Yes.

Having a short term repayment vehicle with zero LCC guarantees would'nt though.

davek · October 11, 2017

roydo said:
Yes.

Having a short term repayment vehicle with zero LCC guarantees would'nt though.

At a price. The club's assets are not its own. And (as we've discussed on numerous occasions) 40 years is a long time and external conditions WILL change.

Nymzee · October 11, 2017

davek said:
At a price. The club's assets are not its own. And (as we've discussed on numerous occasions) 40 years is a long time and external conditions WILL change.

So what do you want as a fan, no new stadium?

Walken · October 11, 2017

blueblue said:
When he saw through Kenwright ?

That is your opinion, I don't share it.

neither did anyone at the time, that pendulum has swung mi amico

roydo · October 11, 2017

davek said:
At a price. The club's assets are not its own. And (as we've discussed on numerous occasions) 40 years is a long time and external conditions WILL change.

They will change, of course. And in a way, I understand your misgivings. But, if it ever got to the stage where the club couldnt afford the pretty low repayments, (Sigi was 10 years of them before wages), then Everton would be in Div 3 anyrate, or football would be a busted flush globally.

On balance, I reckon its a considered risk.

Blues Harp · October 11, 2017

Khalekan said:
Yip.

@davek is usually ahead of the curve.

Ignore his warnings at your peril.

Sorry but he wasn't on Martinez was he? ...the great oracle of GOT ?? Jesus wept !!

eddy · October 11, 2017

Foot Long Hot Dog said:
A misguided opinion that ignores the actual facts

That is your opinion ..............

Blues Harp · October 11, 2017

eddy said:
That is you`re opinion ..............

"your"

eddy · October 11, 2017

mellowblue said:
"your"

Thank you

Eggs · October 11, 2017

Khalekan said:
Yip.

@davek is usually ahead of the curve.

Ignore his warnings at your peril.

...he’s a bright lad but when you’re negative about everything in the club it’s more likely you are right through periods of significant change.

davek · October 11, 2017

roydo said:
They will change, of course. And in a way, I understand your misgivings. But, if it ever got to the stage where the club couldnt afford the pretty low repayments, (Sigi was 10 years of them before wages), then Everton would be in Div 3 anyrate, or football would be a busted flush globally.

On balance, I reckon its a considered risk.

It's a judgement call, I suppose. It depends on how stable you see the club and the industry. But generally speaking having a mountain of debt overhanging the club for decades isn't a great thing. We needed a commercial partner for this. We'll get a naming rights deal, of course.

roydo · October 11, 2017

davek said:
It's a judgement call, I suppose. It depends on how stable you see the club and the industry. But generally speaking having a mountain of debt overhanging the club for decades isn't a great thing. We needed a commercial partner for this. We'll get a naming rights deal, of course.

It is a judgement call. But as I have said for months, the stadium is lift off for LCC/Liverpool Waters. Hence the ridiculously low repayment deal on the SPV thing. (That wont fund the whole thing anyrate, but it will give other players confidence to lob some eggs in the cake).

Then there is debt, and debt. Debt for EFC in our current situation, (Koeman/league all that notwithstanding), is a bad thing. He has effectively removed that from the balance sheet.

Debt with long term, "cheap" repayment vehicle, but with a sparkling iconic ground underpinning it, is way better.

Not perfect granted, but better.

ianefc · October 11, 2017

Khalekan said:
Yip.

@davek is usually ahead of the curve.

Ignore his warnings at your peril.

davek · October 11, 2017

roydo said:
It is a judgement call. But as I have said for months, the stadium is lift off for LCC/Liverpool Waters. Hence the ridiculously low repayment deal on the SPV thing. (That wont fund the whole thing anyrate, but it will give other players confidence to lob some eggs in the cake).

Then there is debt, and debt. Debt for EFC in our current situation, (Koeman/league all that notwithstanding), is a bad thing. He has effectively removed that from the balance sheet.

Debt with long term, "cheap" repayment vehicle, but with a sparkling iconic ground underpinning it, is way better.

Not perfect granted, but better.

Conditions (of contracts) can change. Other players might insist on it.

My gut reaction is that its a massive project that sounds easy when you quickly say "small, manageable repayments each year".

I have a feeling the deal will be revisited before any spade goes in the ground.