Another giant left footed CB? Ok he's shorter than Burn and Botman but at 6'3 he's not a short arse either. Wouldn't say no to him but we would suddenly be very over loaded at LCB/LB unless we are looking at creating the worlds tallest defensive back 4 or going to a back 3
FFS WE NEVER GOT A LOAN. We changed bank accounts from Barcay's who Staveley had a very public court case with last year and lost, to HSBC. With the new bank account there is optional credit facilities ( BIG OVERDRAFT). THE END.
McNeil for Everton - £20m...WTAF https://www.bbc.co.uk/sport/football/62328718 Just what Everton need a relegated teams hand me downs... I mean seriously 20m for 38 games last year - 0 goals, 1 assist?
Nice little article in the Independent (or "I"), which ends with this quote: Basically just putting news out that it's happening, it's coming. Eales is there to get big value deals, all about the commercial side. The £6.5m from Fun88 will disappear in exchange for probably 3-5 times that amount. Funding is happening all over the place and PIF are dead set on making this work. We are the chosen ones, but sustainability in football, creating value from this club, is a patient process. Looking forward to see who they get over the line - again the thought is CF and RW will happen before deadline day and although CM is weak, it's overpopulated so won't be a priority.
Why take an option on finances if you aren't going to use it? It'd be like getting an AIP from a mortgage broker if you weren't even looking for a house to buy. I'd call it a loan as it is secured against the club and it's not like we need to have it available unless we plan on using it over the next say 6 months before January otherwise we'd have that money available come the end of the season regardless no?
Because our turnover throughout the year is heavy loaded in May, June and July with then far smaller amounts incoming the remainder of the year with the same outlays every month.
Surely it's only looked at annually though and we are securing the optional finances against this years earnings? Like I say I don't really know the in's and out's of it but it just seems strange to have the option of finance to then not use it. The £100m from TV money (or what ever the amount is) will be paid September, Feb and May and we are securing against this money to use in the immediate future?
It gives us options mate, simple as that. A loan would require a fixed amount and payment schedule. I'd love my business account to offer me a £180m overdraft facility without security
Haha I get that. But do we need that option? Unless we are going to use it shortly? I mean they could have a £140,000,000.00 overdraft or option or whatever just for ****s and giggles and because they like seeing all the 000's on the page but I don't ask my bank for an overdraft or a loan or any type of finance unless I intend to use it for something.
Aye they had a facility with Barclays n all that had to be paid off 2 weeks ago. It's just for running costs. If they decide Paquetta, Oshimen and Diaby fall into "running costs" then it allows them to move
It’s not an overdraft. It’s a security linked to our future income. If we don’t use it then it doesn’t get used. I think we will however use at least half.
The names at the top of the club are all the evidence we need. These guys arent going to go to some broke, fake, joker club.
