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Usmanov

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Show me evidence aside from the sponsorship money that he's pumping money into the club

Sponsoring our Training Ground that we rent from the Council was imaginative, being Everton’s ‘Official’ Matchday Presenting Partner must have even tested the boundaries of the most astute FFP regulators whilst the logo on the sleeve of the players training wear is hardly subtle if the design was ever to develop a brand via a successful advertising strategy. There is sponsorship of the Chang and SportPesa kind, even the official Everton tyre company who’s name I forget and our even weirder Sports drink partner. Then there is USM and Usmanov ‘sponsoring’ us and investing in all kind of imaginative and less familiar means.

I’d say he is pumping money in.....beats two season tickets and buying stuff from the Club Shop as a way of commitment. Where did Moshiri get his money from to buy us suggests these two go back a long way, we are building something that costs multi millions and partners in a huge regional investment scheme within the structure of a football club that competes in a league that has global appeal. The way he chooses to sponsor us suggests to me he is putting money into the club in a way that meets FFP rules ....it ain’t for the exposure that his sponsorship returns, that’s for sure. So why do it?
 
But Moshiri has already done it.

City fellas 1.2bn debt 2008 = 100m a year
Roman 1.1bn debt 2003 = 64m a year
Moshiri 2016 350m debt = 116m a year




You just did what?

What does that even mean. There is absolutely no relevance between City, Chelsea and Us.

City and Chelsea's owners own 100% of the shares. If they loan the Club money then it is exactly the same as one of us taking a tenner out of one pocket and putting it into another pocket. That isn't the case with Everton. Moshiri owns 77.2% of Everton so when he lends the Club money he is expecting it back unless he is writing off the 22.8% of the loan owed by the other shareholders.

City and Chelsea have soft loans that are converted into equity. We can't do that.
 
What does that even mean. There is absolutely no relevance between City, Chelsea and Us.

City and Chelsea's owners own 100% of the shares. If they loan the Club money then it is exactly the same as one of us taking a tenner out of one pocket and putting it into another pocket. That isn't the case with Everton. Moshiri owns 77.2% of Everton so when he lends the Club money he is expecting it back unless he is writing off the 22.8% of the loan owed by the other shareholders.

City and Chelsea have soft loans that are converted into equity. We can't do that.

All Moshiris loans have been converted into equity.

Hes expecting his money back when he sells the club, its not a gift.
 

All Moshiris loans have been converted into equity.

Hes expecting his money back when he sells the club, its not a gift.

Unless you have access to this years accounts plus next year accounts there is no way you can say whether Moshiri's loans have all been converted into equity. Then you have the problem of FFP which means you can only make up a shortfall of £30m per season.

Our accounts are going to be horrific.
 

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