New Everton Stadium

[davek]

Wasn’t this supposed to be funded with bank loans ?

Yes, with Usmanov standing behind them as guarantor.

 

[davek]

Usmanov was not loaning us the money, as long as the interest rates are affordable people will be willing to loan a PL club 350 million.

I didn't say that.

 

[davek]

I've always watched you dance badly....why change ?

So all these "other options" dont exist?

Ok.

 

[TonyT65]

So all these "other options" dont exist?

Ok.

But your saying they don't? Get a grip man.

 

[blue61]

Yes, with Usmanov standing behind them as guarantor.

 

[davek]

But your saying they don't? Get a grip man.

Please list these options. You stated they are there, so....

 

[AndyC]

Usmanov was not loaning us the money, as long as the interest rates are affordable people will be willing to loan a PL club 350 million.

Highly unlikely that anyone will now offer loans to projects with links to Russian/sanctioned oligarchs and their organisations.

 

[davek]

Highly unlikely that anyone will now offer loans to projects with links to Russian/sanctioned oligarchs and their organisations.

So what's next then Andy?

 

[Toffeeslam]

Yes, with Usmanov standing behind them as guarantor.

Again where is the evidence for this ?

I’m sure Morshiri has his own banking contacts

 

[davek]

Again where is the evidence for this ?

I’m sure Morshiri has his own banking contacts

Get real mate. Why else would banks be loaning money to Everton, because Kenwright is there and offering his theatre companies as collateral?

And please dont mention Moshiri - he's just Usmanov's proxy.

 

[Muggins]

Get real mate. Why else would banks be loaning money to Everton, because Kenwright is there and offering his theatre companies as collateral?

And please dont mention Moshiri - he's just Usmanov's proxy.

How can anyone read that and not laugh?

 

[AndyC]

So what's next then Andy?

Hopefully, Moshiri realises that his investment in Everton has (sadly for him) gone south and accepts that selling up and taking whatever he can get is his best/only course of action.
His problem is the value of the club will likely have/will drop like a stone, so he may have to resign himself to a very, very low return - but, 10p on the pound is better than zero.
He'll be or should be contacting the financial institutions with avenues to the groups interested in owning/running PL clubs... and as I've said repeatedly, I can see that happening, hopefully in time for next season, these things take time... but, that's a commodity that Moshiri might be short of given the sanctions that he'll be dealing with indirectly with USM/Usmanov.

 

[roydo]

Highly unlikely that anyone will now offer loans to projects with links to Russian/sanctioned oligarchs and their organisations.

All lenders care about are the yield and the risk. The two, obvs, go hand in hand.

 

[ToffeeTim]

I have no idea where this leaves the stadium. But I have concerns generally about our financial position. None of this can be good short term for the finances

 

[The binman chronicles]

Highly unlikely that anyone will now offer loans to projects with links to Russian/sanctioned oligarchs and their organisations.

And thus why we appear to have broken the link.