they probably are rich in the sense of wealth/portfolio, but that doesn't mean they have access to that type of funds instantly ie stock value up and down or tied up in other areas like bonds/shares etc. someone who is more clued up in business would know what i mean hopefully lol.
But having proof of your wealth allows access to low interest loans. That's how FSG can take out loans for LFC at close to 0%. Mohsiri can't even get loans at high street rates secured.
i have no idea mate, im not that clued up in how it all works out from a business side of things. i know its not a real value of what someone has money wise as figures can easily be distorted or tied up in various forms and not easily accessed.
No, but I imagine it makes it easier to get hold of some if you want to. As astro says, it should make securing loans easier. Or you could sell something off. Obviously liquidating profitable assets in order to use the money elsewhere is a risky business. I suppose it depends on whether you have some affinity with a football club, or see it solely as a money-making machine. That's the problem with there being so much money in the game - it can attract people who have no real love for football, and are just in it for profit.
Are you talking about the loan from the Chinese bank? Was there a cost involved in signing the lease deal for Bramley Moore? I've lost track
He’s talking horse ****. He’s still not got over the fact that Moshiri put £150m of his own cash onto the balance sheet, and made astro look a right mug in the process
You can find it anywhere https://www.theguardian.com/football/2018/feb/26/farhad-moshiri-everton-unhappy-fans-sam-allardyce https://europefutball.com/football/...huge-150m-cash-injection-from-farhad-moshiri/
1. it's a loan not investment 2. EFC still have to resort to high interest loans because Moshiri won't offer any more money (interest free or otherwise) Everything I have said proven, but keep deluding yourself
Yawn, as per your lack of any form of business knowledge shows... 1. It’s a Directors loan, it’s how any stakeholder invests into his business. It’s without a repayment schedule or interest. It’ll undoubtedly be converting into equity when he assumes full control. 2. It’s called cash flow, they’ve taken out short terms loans to release guaranteed future revenue early. You’ve assumed a high interest rate, as it suits your bitter narrative. Now, about this £10m for BMD that he’s refused to pay, and your assertion that he’s refused to put another penny in until he gets his loan back...I’m still waiting.
