Ask yourself why FSG felt the need to get Liverpool football club to pay off the entire cost of the new stand in 5 years?
Clueless absolutely clueless
Match Day Thread 2017/18 Premier League, Cups & Euro Watch
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Clueless absolutely clueless
Sorry what? We’ve replaced the cost of borrowing with what exactly?
Moshiri bought Everton on the cheap, and then this profit came almost entirely due to the new TV rights deal that was already in place. I've been telling you that for 2 years.
You understand these accounts apply to your performance last season right? You have since sacked the manager and sold the players that won you a high finish and TV share. You've replaced the £2.8m/year finance fees with £3.4m/year fees before a single penny is even loaned.
How do you think your attendance figures look this season? Have you held on to that massive increase in the fanbase of 310 people?
Out March day revenue was down due to going out of the cups early and the clubs season ticket reductions, we sold out every game you cabbage.
The P&L profit came from the TV money, and what? Moshiri has invested £105m last year and a further £45m since where’s his profit there like?
You clueless ****
You're buying Moshiri 49.9% of a £300m+ stadium in return for him lending you some cash so you don't have to pay £2m/year interest on your old loans, but are now paying £3.4m/year for a note from the council saying you promise to pay his debts for him
Congrats on the £5m/year Finch Farm sponsorship, makes turning Everton from an EL team to a club that turns to Fat Sam worthwhile right?
BTW why do you feel the need to always compare to FSG? Except the part where they delivered actual stadium improvements, a title challenge, the return of Champions League football, a [HASHTAG]#worldclass[/HASHTAG] manager, and consistently linked with [HASHTAG]#worldclass[/HASHTAG] players? And we don't even consider them particularly good owners.
You claimed Moshiri was amazing and we would be [HASHTAG]#choking[/HASHTAG] over his plans. So far it's only choking on laughter.
So we’re somehow ‘buying’ Moshiri half of a £300m stadium? What does that equate to? £150m? Isn’t that what he’s already put on the balance sheet for **** all?You're buying Moshiri 49.9% of a £300m+ stadium in return for him lending you some cash so you don't have to pay £2m/year interest on your old loans, but are now paying £3.4m/year for a note from the council saying you promise to pay his debts for him
Congrats on the £5m/year Finch Farm sponsorship, makes turning Everton from an EL team to a club that turns to Fat Sam worthwhile right?
BTW why do you feel the need to always compare to FSG? Except the part where they delivered actual stadium improvements, a title challenge, the return of Champions League football, a [HASHTAG]#worldclass[/HASHTAG] manager, and consistently linked with [HASHTAG]#worldclass[/HASHTAG] players? And we don't even consider them particularly good owners.
You claimed Moshiri was amazing and we would be [HASHTAG]#choking[/HASHTAG] over his plans. So far it's only choking on laughter.
Have you not realised yet that LFC are ‘buying’ the big stand for the Sherman’s, over 5 years and not 40 btw?
So we’re somehow ‘buying’ Moshiri half of a £300m stadium? What does that equate to? £150m? Isn’t that what he’s already put on the balance sheet for **** all?
Have you not realised yet that LFC are ‘buying’ the big stand for the Sherman’s, over 5 years and not 40 btw?
He wants the £150m loan back. And he doesn't just get half the stadium, he gets half of everything. Assuming the stadium gets built, he's already made a profit out of you. But you've gone nowhere but backwards.
Why would you ever buy something over 40 years rather than 5? Oh, when you're buying it on someone else's credit card and they're footing the bill
He wants the £150m loan back. And he doesn't just get half the stadium, he gets half of everything. Assuming the stadium gets built, he's already made a profit out of you. But you've gone nowhere but backwards.
Why would you ever buy something over 40 years rather than 5? Oh, when you're buying it on someone else's credit card and they're footing the bill
What £150m loan?
FSG are just waiting to do a Glazers and milk Liverpool but without millions for transfers.
£20m a season NET!
The £150m sits on the balance sheet as equity you numpty. Any shareholders loans would be subtracted from the sale price if he sold up.He wants the £150m loan back. And he doesn't just get half the stadium, he gets half of everything. Assuming the stadium gets built, he's already made a profit out of you. But you've gone nowhere but backwards.
Why would you ever buy something over 40 years rather than 5? Oh, when you're buying it on someone else's credit card and they're footing the bill
The Sherman’s have chosen to get LFC to pay off their big stand loan over 5 years, meaning that the debt will be wiped in 5 and therefore the balance sheet will be clear of that borrowing and the value of the stand will be in the assets you donk. The big stand won’t clear £20m+ in incremental revenue per year therefore they’re taking money out of the club to clear their debt. Oh......
After 5 years Big Stand will be making profit for LFC
After 50 years EFC will still be paying off Moshiri's free stadium
Good luck with that
Way to miss the point.
Everton Fund their new stadium, the naming rights deal for the stadium and Finch Farm pays for the entire cost of the funding, leaving the incremental match day revenue from the 60k venue plus massively increased corporate to go into the clubs coffers.
FSG pay off the big stand in 5 years taking revenue out of LFC in order to do so, thus clearing THEIR debt and increasing THEIR return when they sell.
You’re embarrassing yourself
Thought you lot had a seperate thread for your "my dad is bigger than your dad" argument.
Perhaps it would help if you gave an updated timescale on when we're all supposed to start [HASHTAG]#choking[/HASHTAG] and what we're supposed to be [HASHTAG]#choking[/HASHTAG] about?
6-18 months when you get rid of Fat Sam? Next year when you apply for planning permission? In 5 years when the stadium is built?
So you admit we’ll be building an iconic stadium on the Banks of the Royal Blue Mersey then? Progress
I’d say the new majority shareholder sticking £150m of his kids inheritance onto our balance sheet, is a good start like.
I admit that Moshiri's plan is to get you to pay for a new stadium for him and he's already delayed it 2 years to make sure none of his own money has to be put into it or even used as collateral
yeah but you're all on the wrong thread
Nope Everton are still a PL team for now so it's still relevant
To sum up then. Owners of PL clubs are very savvy with money and have bought them to make a profit. Shock, Horror,
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