He hasn't put anywhere near £250m into the club, but he's still run it into the ground thinking he knows how to make football decisions just because he used to own some shares in Arsenal (which also went nowhere). It's sad, because I want Everton to be worse than Liverpool, but not this much worse. EFC is a complete shambles, and just when you need him the most he decides to cut you off and announce no new manager or players until the club makes money and can fund it themselves. Meanwhile, day 3587 in the big Moshiri house, and he still hasn't found funding for the stadium he's getting you to build for him...
£100m of which is a loan from Bluesky Capital Limited It's like when the ATM says you have £1000 available to withdraw but £800 of it is your overdraft FFS
You wouldn’t know a balance sheet from a fitted one mate. Trust me, shareholder loans - which are treated as equity, are now £250m, it’s a simple fact.
Last accounts I saw only the initial £150m was equity Is the new £100m converted to equity, or are you just assuming it will be?
If his intention is to put the money in what's the purpose of setting up a separate company to hold the debt and charge a £500k administration fee for it?
Set up an offshore company that the money was moved though you mean? Not much of a profit generator given its interest free and with no repayment schedule Do you think his shareholding is in the name of Moshiri and his home address like? Where have you got £500k from btw?
I've just read that two ****ing dickheads at st Mary's got arrested for making aeroplane gestures at Cardiff fans during minutes silence. some people ffs
Page 45 of the Annual Report and Accounts 2017 "Loan arrangement fees of £525,000 have been deducted from equity." http://www.evertonfc.com/content/club/shareholders-association/statement-of-accounts
What does that £105m directors loan sit on the balance sheet at? No wonder you couldn’t see the current total directors loans btw, that’s not the latest set of accounts.
