The Everton Board Thread 2015/16 [ Not takeover related ]

[Bluesnapper]

Based on the clubs public announcements it is wrong to say we need to sell to buy.

Evidence says we are being outspent by everyone in the PL and even Bristol City.

Evidence says we need three players at least.

Evidence says the season has started.

Evidence says that there are less than three weeks left in the transfer window.

Past evidence says a new Vibrac loan is about due because there is no money in the till.

 

[Bluesnapper]

Martinez has stated consistently we do not need to sell to buy, he's also said specifically the Stones is not for sale.

So if Stones does go it will be a major stab in the back of our manager.

 

[Whistlin' Dixie]

Past evidence says a new Vibrac loan is about due because there is no money in the till.

With interest charged at 10%(?)

Over the last 5-6 years it's never been cheaper to borrow. The interest rates have been perpetually 0.5%. But the batty butty man wouldn't get his if we went elsewhere - would he, bill?

No, they don't take a salary.............

 

[Foot Long Hot Dog]

@Whistlin' Dixie - the base rate of interest matters not a jot. Commercial lending rates reflect the risk involved. The rates being paid on the Vibrac loans aren't extortionate in that market place. You do know that Vibrac have (or have had) similar arrangements with a host of other clubs don't you?
Are they fleecing them all from the inside like?

 

[Whistlin' Dixie]

Are they fleecing them all from the inside like?

They're not [I]doing too badly[/I] out of it, are they?

 

[Foot Long Hot Dog]

@Whistlin' Dixie - have they? and who's 'they'?

 

[Bluesnapper]

@Whistlin' Dixie - the base rate of interest matters not a jot. Commercial lending rates reflect the risk involved. The rates being paid on the Vibrac loans aren't extortionate in that market place. You do know that Vibrac have (or have had) similar arrangements with a host of other clubs don't you?
Are they fleecing them all from the inside like?

The point is being missed in that the club, and all the PL clubs that get new loans, has never had so much money and the need to have a loan for cash flow should have been a thing of the past.

 

[Tramps_mate]

What if its debt clearing? Then next season we've 50 million to spend? Would people be OK with that?

 

[Dithering Dougie]

The point is being missed in that the club, and all the PL clubs that get new loans, has never had so much money and the need to have a loan for cash flow should have been a thing of the past.

Do you know that it's definitely been renewed this year?

 

[Woolly Blue]

With interest charged at 10%(?)

Over the last 5-6 years it's never been cheaper to borrow. The interest rates have been perpetually 0.5%. But the batty butty man wouldn't get his if we went elsewhere - would he, bill?

No, they don't take a salary.............

8.8% was the last figure I saw. Nice work if you can get it but, as FLHD points out, that"s pretty much a commercial rate

 

[davek]

So we don't want a Billionaire we want someone with 'a plan'...
That's largely a nonsense imo, as any plan will require capital, as the stadium issue is the prime problem facing the club, so merely having 'a plan' means jack.We need someone who's going to invest their hard earned cash, so let's stop kidding ourselves that it's anything other.
Replacing the current lot with an equally financially hamstrung owner who had a bagful of credible 'plans' but knack all cash to back them up, wouldn't solve our problems in the slightest.We need a wealthy investor who's prepared to fund the club in the short to medium turn.

Investor not owner?

Yeah, because the 25/8 'search' for the past 15 years has been so successful hasn't it?

*sigh*

 

[Foot Long Hot Dog]

@Bluesnapper - that's a very simplistic statement. We spent £33m net in the transfer market last summe, so the increase in TV revenue was spent on payer purchases - meaning that the Vibrac loan had to be renewed.

This summer it hasn't been spent in the same manner - YET. If the window closes, there's no further outlay and yet they've still renewed the Vibrac loan then there should be a Stewards.

 

[Foot Long Hot Dog]

@davek - I was talking about a new owner, your highlighting of that one word and seeking to take it out of the context of the post is puerile

 

[By god I'm blue]

What if its debt clearing? Then next season we've 50 million to spend? Would people be OK with that?

I think people might be OK if they saw any form of planning, goals and aspirations, instead of just robbing Peter to pay Paul constantly to keep Lord Bill in his throne until the time is finally right for his carpet bagging friends to benefit from a sale.

 

[Woolly Blue]

@Whistlin' Dixie - the base rate of interest matters not a jot. Commercial lending rates reflect the risk involved. The rates being paid on the Vibrac loans aren't extortionate in that market place. You do know that Vibrac have (or have had) similar arrangements with a host of other clubs don't you?
Are they fleecing them all from the inside like?

All true

However, if memory serves me right ( and The Esk will correct me if I'm wrong ) though the loan from Vibrac is within the Premier League rules, I have the feeling that it either would, or would have in the recent past, have broken Football League rules.