MSP Sports Capital

[BeardedScotsman]

Is this like drawing down on a promise, or more that funds set aside are needed for players in a more desperate situation?

Drawing down on a promise. Was frankly shocked that more money was “called in” 8-9 months ahead of schedule

 

[Tin-Tin]

Lets see if the Echo run with all the front page headlines they used to use for Hicks and Gillette.

Probably ignored for an article on how to clean a dishwasher with an amazing Instagram hack.

 

[Dr Baxter]

View attachment 224197
We need one of these.
View attachment 224198

Then one of these.

If we do get bought out by an Arab consortium is there any chance they might behead Bill Kenwright? In the centre circle? Perhaps between Z Cars and the kick off?

 

[BeardedScotsman]

to finish it?

so if we can’t afford the ground is that what we can’t afford players?

I don’t know the contract between the club and the builder. But the first round of investment went into the stadium. They’re now asking for more money and that will go into the stadium. Connecting the dots - the builder spent investment 1 and the bills are due for whatever happens next ar the stadium.

THAT IS JUST MY INFERENCE.

 

[Streetender1878]

Does anyone know when we borrowed this money, pre-Moshiri?

There were a few loans around 2016 and i think even when moshiri came in a loan was taken out. Elstone was still ceo.

 

[Dublin blue 75]

he’s a dictator

He’s a bad one for sure. He will know at this stage how reviled he is. It’s an odd one why he keeps hanging on.

It’s almost like he might need a cash cow..

 

[catcherintherye]

Drawing down on a promise. Was frankly shocked that more money was “called in” 8-9 months ahead of schedule

Who called it in? FM?

 

[magicjuan]

Drawing down on a promise. Was frankly shocked that more money was “called in” 8-9 months ahead of schedule

But could this be overstepping the risk in regards to a thin squad?

 

[catcherintherye]

MSP goes to investors in America and asks for money to buy sports franchises/teams. The partners in MSP invest alongside the schlubs. The investments are structured in such a way that not all of the money is invested at once. It usually happens over 2-10 years. In this case, the money was to be invested over 3 calendar years, most likely over 30 months. The pitch is - give us $3 million, but we only need $1 million today. We’ll ask for another $1 million in the Spring of 2024 and another $1 million in the Spring of 2025.

Everton itself is worth nothing. I am sure there are assets that could be sold off but this was always about buying a team that would print money in the new stadium and be a commercial success at BMD.

Why, if what you are alleging is true, have they put further lending to the club, without any equity/board representation.

 

[Daytripper]

What does he mean by this? Elusive answers don’t help

 

[Azza]

Drawing down on a promise. Was frankly shocked that more money was “called in” 8-9 months ahead of schedule

lol lol

We're actually going to get @davek standing in the middle of a three quarter finished Bramley Moore Dock Everton Stadium shouting "I told you so!"

 

[BeardedScotsman]

Who called it in? FM?

MSP called in the funds from the investors.

 

[jinkyali]

Who called it in? FM?

Can you guys please put it into layman's terms.

 

[gixerk6]

Who is this company?

Rights and Media apparently

 

[EFC_FRANCIS]

Cant believe I've got to retire my brand new lando norris cap to the loft next to my Barca koeman shirt and England lampard one