It is inconceivable how even a low cost ground redevelopment can be paid for from debt even as broadcasting revenues increase. The cost of repaying and servicing the debt is similar to the likely revenues earned. Secondly piling on debt would remove any flexibilty in the short term for financing transfers. We would be limited to selling to buy, or at best restricted to funding purchases from operating profits.
Everton's biggest problem is its balance sheet. It desperately needs recapitalising either from existing shareholders, dilution from a totally new investor or complete sale.
Nothing can happen until one of the three events occur.
And neither of those three events will occur until we unite as a fan base and push together to get one