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I dont know, hes done lots of "clever" accounting.
I just know that last time I looked at the "investment" hes made in the club it came to around 800million.
We're on the hook for a number of shareholder loans to Moshiri whether they ever get called in or not is debatable and we also have £120 mill line of credit with Rights and Media Funding, last accounts, we had used £100 mill of that secured against fixed assets and PL TV money. Jungle drums are we went deeper into it this summer. We also used a CLBILS (Coronavirus Large Business Interruption Loan Scheme) facility of £30 million with Metro bank to tide us over during the pandemic as well.
It's a staggering outlay.
Who knows what this feller has been told by the British state though? When the Ukrainian War kicked off they placed enormous pressure on Abramovic to sell Chelsea, and Everton were in the cross hairs too. The club immediately cut links to Usmanov to pacify them, but Moshiri has been a ghostly figure ever since too, and his connections to Russian capital were there. I'm sure he'll be left to get a sale together in a more relaxed fashion than the Chelsea sale, but I doubt he'll be able to play this out at his own leisure and he'll have to get real about what he wants back on his (and Usmanov's) outlay.
It does include some stadium money.Can you give me a breakdown as to how you’ve arrived at that figure without the stadium?
My understanding was that a lot of these 'loans' had been turned into equity by Moshiri, meaning that the actual debt on the club is reduced, but Moshiri just gets a bigger slice of the pie when the club is sold. Is this not the case?It does include some stadium money.
I looked back at our published accounts, totted up all the "Major shareholder loans" we had and added the purchase price.
My understanding was that a lot of these 'loans' had been turned into equity by Moshiri, meaning that the actual debt on the club is reduced, but Moshiri just gets a bigger slice of the pie when the club is sold. Is this not the case?
Moshiri converts another £100m into share equity
toffeeweb.com
Those days are well and gone now, and the draw bridge has been lifted thanks to Financial 'Fair' PlayIt is the case yeah, remember when people thought that meant he was putting in £100m to buy us a boss number 10 LOL
Those days are well and gone now, and the draw bridge has been lifted thanks to Financial 'Fair' Play
Season ticket prices going up
As much as I hate to say it, I want it to be called the Qatar Airways Stadium, shirt sponsor Qatar Airways and Finch Farm renamed to Qatar Farm, and Everton sold to the Royal Family of Qatar.A new owner that would oversee completion of the stadium, do a boardroom and exec clear out, and run us prudently.
Anything else would be a bonus. I don't think we have a chance of attracting big oil or other sort of investment, but that doesn't mean the business cannot grow.
As long as it's not leveraged investment.
Yeah, we need it, and nobody can moan, we were happy to take Usmanov money, we've already sold our soul, the whole sport has.As much as I hate to say it, I want it to be called the Qatar Airways Stadium, shirt sponsor Qatar Airways and Finch Farm renamed to Qatar Farm, and Everton sold to the Royal Family of Qatar.
It's our only hope. Qatar or Dubai remain clubless in the Premier League so far, but with Liverpool and United up for sale we will probably lose our chance.
Qatar are currently balls deep in Sports Washing.As much as I hate to say it, I want it to be called the Qatar Airways Stadium, shirt sponsor Qatar Airways and Finch Farm renamed to Qatar Farm, and Everton sold to the Royal Family of Qatar.
It's our only hope. Qatar or Dubai remain clubless in the Premier League so far, but with Liverpool and United up for sale we will probably lose our chance.
Hope some washes up on the banks of da Royal Blue Mersey.Qatar are currently balls deep in Sports Washing.
As much as I hate to say it, I want it to be called the Qatar Airways Stadium, shirt sponsor Qatar Airways and Finch Farm renamed to Qatar Farm, and Everton sold to the Royal Family of Qatar.
It's our only hope. Qatar or Dubai remain clubless in the Premier League so far, but with Liverpool and United up for sale we will probably lose our chance.