Liverpool had debt of £95m before the stadium expansion. FSG did loan £69m and later converted it to equity, and they loaned a further £49m towards the new stand. Your net debt will likely be over £200m now. Moshiri has cleared the debt in order to set the club up to be able to fund the new stadium.
Well an interest free loan with no set date on repayment. A little debt is always good as it reduces the cost of borrowing. Looks like borrowing are anfield will be very cheap
Hasn't none of our debt been cleared by TV money we haven't spent? Unless the debt Tobes says is true and we still have the money avaliable to spend but not got right players yet ie not doing a brendan or rafa and spending for sake of it. Also would the owners debt not be cleared by sale of club? So they won't lose out but might not make any money, unless they will only sell when we are more lucrative and a bigger appeal and can demand more. Trophies cl etc.
Don't pay off the debt. Bank the TV money and then rinse the club on sponsorship deals. Then selling for a profit isn't that important as long and somene else takes the debt on to continue the cycle until the bubble bursts. And other fans laugh at the United debt level, but then they will never sell for a loss.
Who buys a club and takes on someone else's debt? Only reason our current owners did was because they got the club cheap ie from the bank. I don't and never have given a **** about utd debt. Why do you blues always refer to them and never your own club?
What happened at Everton. Nobody takes on someone else's debt...... The debt was Liverpools debt, the debt at Goodison was Everton's.
Moshiri clearing the debt was a condition of the sale When a company is bought for a significantly undervalued price (e.g. the £1 takeovers) it's on the understanding that a large amount of money is required to be put in to fix the company, so paying the debt is the de facto buying price This is what happened at Everton, Moshiri is just finally doing what he promised to get his takeover approved in the first place, it is not new investment
Nope, you've not got a clue. The debt value is subtracted from the market value of the equity which gives the shareholders the price for their stake. There is no condition of sale for the debt to be wiped, and there was no financial need to wipe it either as cost us £6m a year to service. The reason it's been cleared is due to the securitisation of the Prudential loan on Goodison, and we're selling it. The total debt was £56m btw and he's put £80m in.
You should have left it at"you don't have a clue" If he can't see the great job FSG are doing then he deserves all he gets
West Brom beating Everton to sign Schneiderlin Looks like Moshiri will do his favourite trick of waiting until the end of the window to authorise buys and then once again "oops it's too late to buy anyone, how could we have possibly known in advance there would be a transfer window this year"
Watford have been poor but Everton have disgraced themselves, completely cut adrift of the top 6 with Koeman and Moshiri's lies of having ambition #exposed Happy New Year though
