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Alisher Usmanov - What a man

Discussion in 'Everton' started by Peej, Jan 15, 2020.

  1. astro

    astro Well-Known Member

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    The luxury waterfront apartments are in the plans. The utilities supply for them will be put in alongside the stadium's.

    Why is Moshiri looking for external finance for the stadium with interest at Everton's cost rather than a FSG-style interest-free loan (only a small admin fee)? Doesn't want the risk on himself, and probably knows the figures are dodgy - the cost has already doubled. Plus relegation remains a legit possibility.
     
    #41
  2. Peej

    Peej Fabio Borini Lover

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    now come on. Use your own words. In reality, he has spent what on buying the club?
     
    #42
  3. Tobes

    Tobes Warden
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    There’s no apartments in the Everton FC planning application, what are you referring to?

    The FSG intercompany loan to the RS isn’t interest free, so wrong yet again.
     
    #43
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  4. astro

    astro Well-Known Member

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    It was interest free, there was just some negligible admin charge for it. Moshiri is going round banks looking for double digit interest rates.
     
    #44
  5. Tobes

    Tobes Warden
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    No it wasn’t interest free, get your facts right.

    As for double digit interest rates, just sit down you clown, you’re utterly clueless on this subject. You’ve probably never funded a car purchase yet alone a huge commercial infrastructure project.
     
    #45
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  6. Peej

    Peej Fabio Borini Lover

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    which banks, what is he borrowing over what term and at what rate/charges
     
    #46
  7. astro

    astro Well-Known Member

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    #47
  8. Tobes

    Tobes Warden
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    #48
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  9. astro

    astro Well-Known Member

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    It was far cheaper than external finance, which is what Moshiri is going for

    Plus it was only for a few years, the stadium debt will be compounding for decades
     
    #49
  10. Tobes

    Tobes Warden
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    Wrong yet again.

    They took out a commercial loan in US and are charging the RS via another of their US based companies. The interest rate has now gone up to 2.4% btw.

    https://www.liverpoolecho.co.uk/spo...s/liverpool-repay-10million-fsg-main-15799492
     
    #50
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  11. Peej

    Peej Fabio Borini Lover

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    #51
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  12. astro

    astro Well-Known Member

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    #52
  13. Peej

    Peej Fabio Borini Lover

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    #53
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  14. Tobes

    Tobes Warden
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    The total cost of the entire loan will be more than covered annually by big Uzzie paying £30m+ per annum for the privilege of naming it the USM arena bruv.

    So it really doesn’t matter. Hey ho.
     
    #54
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  15. Tobes

    Tobes Warden
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    The interest free loan that wasn’t interest fee, and was in fact merely a commercial loan. Shocked I tell ya. <laugh>
     
    #55
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  16. astro

    astro Well-Known Member

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    We paid off the Big Stand in 8 months with the CL and PL. Even picked up some trophies too.
     
    #56
  17. astro

    astro Well-Known Member

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    Because Tories shorted the pound.
     
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  18. Peej

    Peej Fabio Borini Lover

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    remember. The £30m is just to have an option on bidding for the naming rights. So let’s assume the value will be higher per year.
     
    #58
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  19. Tobes

    Tobes Warden
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    No you didn’t bruv. You paid £10m off the massive debt. Be interesting to see how much profit FSG declare in their next set of accounts. and the dividend they choose to take from that profit.
     
    #59
  20. Peej

    Peej Fabio Borini Lover

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    no they didn’t.
     
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