If there's been no movement by the end of the week then I'll be concerned. They've knew the score since 1 September and should be prepared.
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shock horror. he's just a money merchant. i said in the summer anyone with any real talent, would not be plying their trade in russia in the prime of their career if they werent just after all the money they can get. im not bothered by that fact in itself, i just dont want those sorts of players coming to Everton.
True. The company that owns the club and has no other revenue streams are not. EFC picks up the tab.
Matt who?
If there's been no movement by the end of the week then I'll be concerned. They've knew the score since 1 September and should be prepared.
I'm sure that's true. The announcement MG mentioned was in the press in November. The first public announcement I could find regarding the £80m loan was on the 16th December (I think).As the loan was mentioned in the accounts, must have been made before they were signed off by the auditors, so when they're released may find that it was pre November.
The GPSL/EIL charge was cleared 5th Oct so if the BHHL was specifically used for this, it must pre-date this.
Everyone appreciate it's an interest free loan but the point is that the capital had to come from somewhere. We aren't talking abut refinancing for a better rate with another counterparty.
A lot of people are overestimating the importance of this. The rate we were paying was restrictive. The interest burden has gone.
At the moment. Look at the post from @BulletInterest free. No payments are due.
Incorrect. They're not on the books at all.
It's an easy way to inject capital into the business without changing the existing share capital/diluting existing shareholders.Interest free with no repayments nor repayment date.
A trick. But one which benefits EFC. And one only a rich bloke, who wants to improve the club massively, would do.
If there's been no movement by the end of the week then I'll be concerned. They've knew the score since 1 September and should be prepared.