Alisher Usmanov - What a man

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Tobes said:
Which apartments are these the you keep referring to?

Why would any investor choose to put their own cash into a stadium without a return, rather than just funding it? FSG loaned the RS the cash for the Stapler stand from another company, with interest applied.
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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.
 
astro said:
From Everton's own AGM:

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Plus ~£150m in shares
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now come on. Use your own words. In reality, he has spent what on buying the club?
 
astro said:
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.
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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.
 
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Tobes said:
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.
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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.
 
astro said:
It was interest free, there was just some negligible admin charge for it. Moshiri is going round banks looking for double digit interest rates.
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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.
 
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astro said:
It was interest free, there was just some negligible admin charge for it. Moshiri is going round banks looking for double digit interest rates.
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which banks, what is he borrowing over what term and at what rate/charges
 
Tobes said:
So you’re admitting your wrong then, well done.

The 1.24% is the interest rate love, not an admin charge, so it’s not interest free, it’s interest bearing. They’ve just merely passed on the commercial rate without adding a mark up. Generous <laugh>
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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
 
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astro said:
[HASHTAG]#brexit[/HASHTAG]

You reckon the total interest Everton end up paying on the stadium will be less than 10 times the total interest that LFC pay? 20 times?
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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.
 
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Tobes said:
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.
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We paid off the Big Stand in 8 months with the CL and PL. Even picked up some trophies too.
 
astro said:
[HASHTAG]#brexit[/HASHTAG]

You reckon the total interest Everton end up paying on the stadium will be less than 10 times the total interest that LFC pay? 20 times?
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Tobes said:
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.
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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.
 
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astro said:
We paid off the Big Stand in 8 months with the CL and PL. Even picked up some trophies too.
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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.
 
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