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So Everton made a £112 million loss in the last 13 months and cannot guarantee any kind of future stadium income in the near future.
That is not good finances when trying to go to banks and trying to apply for a cheap loan. Maybe Usmanov will have to put up a portion of the £3.4billion he has just earned to get a cheap loan?
To be honest H, I don’t think they’re looking to borrow. The money is all supposed to be in place and the planning department / local council seem to be aware of where that’s coming from and are very satisfied it’s all good.
I think it’s being self funded by our owners and there companies associated companies.
To be honest H, I don’t think they’re looking to borrow. The money is all supposed to be in place and the planning department / local council seem to be aware of where that’s coming from and are very satisfied it’s all good.
I think it’s being self funded by our owners and there companies associated companies.
There are people making millions out of this crisis. Look at Warren Buffett. His investment company just posted profits of £50 billion.These fellas arnt rich by giving their money away. What has levy ever done for your fans. Apart from the sanitation, roads etc?That's good news for him but a shame in these hard times the rich get richer while the....
Anyway, I've never said he's lost money, I've wrote
"Will he still want to build properties in a depression." We just don't know?
If he does make obscene amounts of money out of this, perhaps he will wanna make a lovely gesture to the hard up Everton supporters who have lost their jobs and let them have a season ticket for £200 for a Season or two?
I have never heard a a stadium owner doing that before on a major stadium and if that's the case you could well now be the luckiest supporters in the whole of Europe.
That... doesn’t sound like us.you could well now be the luckiest supporters in the whole of Europe.
I like the input from the Spurs fans in this thread. Please dont chase them away.
I might have missed sommet, but all I have seen is decent posters.
I like the input from the Spurs fans in this thread. Please dont chase them away.
I might have missed sommet, but all I have seen is decent posters.
There are people making millions out of this crisis. Look at Warren Buffett. His investment company just posted profits of £50 billion.These fellas arnt rich by giving their money away. What has levy ever done for your fans. Apart from the sanitation, roads etc?
I’m sure it will come out soon enough.
We did have a very good deal provisionally agreed with Liverpool City Council to borrow at a very low rate and then pay back the loan and put some money back into the council coffers for giving us the facility. That looked a fantastic deal and seemed to be a good example as to why Mr Moshri is one of the worlds most respected and successful accountants however as soon as Mr Usmanov sold his shares at Arsenal it all seemed to change.
We pulled away from that saying we have the funding all in place but us fans have yet to hear where that’s coming from. Borrowers and banks could not beat the council rate though, they wouldn’t get close even now when interest rates are ridiculously low.
I personally think even Evertonians are very naive to what’s happening here, how lucky we are and things are about to get very exciting for us.
To be honest H, I don’t think they’re looking to borrow. The money is all supposed to be in place and the planning department / local council seem to be aware of where that’s coming from and are very satisfied it’s all good.
I think it’s being self funded by our owners and there companies associated companies.
Someone posted on here, a post from a Wolves forum. Some Wolves fan was saying he knows how we’re funding our new stadium and described it as “complex and very impressive”, but he couldn’t go into detail as he was involved in a way. Pretty sure he said he worked in a bank so that would imply there’s borrowing involved. There’s also nothing “complex” about Moshiri and Usmanov paying with their own money.
Makes zero business sense.I think its highly unlikely we will self fund the stadium.