The NSNO Everton Forums

Whaaaat, but we’re about to go into administration! We can’t be stable

Seen what looks to be back channeling by the club saying they're furious that "people" are suggesting administration is close as it is spooking people and making the club's job more difficult - when we are pretty solvent in general terms

Toffee1 wrote: ↑Fri May 31, 2024 7:32 pm

Enjoyed that

Toffee1 wrote: ↑Fri May 31, 2024 7:32 pm

Good listen

Seems 777 have waved the white flag.

Well that money laundering exercise is over... what's next?

Jamokachi wrote: ↑Sat Jun 01, 2024 1:19 am Well that money laundering exercise is over... what's next?

A new money laundering exercise, presumably

every time i listen to henry winter he always speaks sense - best journo in the media
ps
his son joe is a radio producer on drivetime - Talksport with andy goldstein - great show too

9am, on the dot.

https://www.evertonfc.com/news/4031681/club-statement

So, we now owe them £200 million quid, any info on terms of loan, I.e interest rates, length of term ?

Escla wrote: ↑Sat Jun 01, 2024 9:19 am So, we now owe them £200 million quid, any info on terms of loan, I.e interest rates, length of term ?

I think it’s secured on moshiris shares. He will basically pay it back out of his sale funds. Presumably there is a percentage of shares it’s secured against so they will get that percentage of sale price.

That would make sense .

Just a shame we became so heavily reliant on them or this could have been binned weeks ago when it was clear it wasn't going to happen. It'll be tight now to get any new deal over the line in time to affect the current transfer window.