Topcat
Groupie
- Joined
- Apr 11, 2022
- Messages
- 283
- Reaction score
- 467
Hard to see Everton coming through this, another loan of £16m announced to cover day to day overheads, it’s not just money they’re running out of but time itself.
How you repay £400m plus and still have a viable business is beyond my comprehension!
Nicely summed up on the Everton forum:
“In short, Moshiri made promises he couldn't afford, couldn't raise the funding despite hiring the best finance firms, started the project without the funding being in place, got into bed with some right dogs and we're now covered in fleas and looking like we're going to run out of money.
Good times”
How you repay £400m plus and still have a viable business is beyond my comprehension!
Nicely summed up on the Everton forum:
“In short, Moshiri made promises he couldn't afford, couldn't raise the funding despite hiring the best finance firms, started the project without the funding being in place, got into bed with some right dogs and we're now covered in fleas and looking like we're going to run out of money.
Good times”