Recent content by Timak

Like a JamesBond rescue mission

They don't care. It has been a nice adventure and they are going down with a squad good enough to challenge. They almost went out of business and are using the season to bank £100m, which pays for most of their new stadium. When you've been down to the 5th tier and had 30 points deducted in a...

The Esk is correct. Shooting the messenger is much easier than accepting reality.

Football should offer escapism, and there is nothing wrong with looking on the bright side. But if you think Everton are anything other than at death's door then you are in denial. We have a debt of around £500m that we are accumulating interest at 10pc a year on. We still need another 150m to...

There is nobody anywhere near standard. Got to concentrate on the Stones, DCL, Branthwaite market of 17-18 year olds at EFL clubs and go in for them.

All commercially borrowed money in football is around 8-10% interest, higher in the event that a club could default. If you or I buy a house we take a mortgage against the property. You pay a deposit which de-risks the loan for the bank, and if we don't pay the bank can simply sell the house...

The builders need paying and we don't have the cash in the bank, hence the need for borrowing. It is all on public record.

Who is we? The club does not generate the revenue to pay it so it needs to come from borrowing.

We are needing to borrow 20m a month to pay our bills. I still don't think people get how serious the situation is. We aren't not spending just because of P&S , the club is in existential danger

If the club survives and finds some new owners then there is a huge opportunity to rebuild the youth team with some decent recruitment and to use the ESC slots bringing in the best from around the world.

Moyes has flaws, so does every manager, but he is one of the absolute best at turning £ into points. What people seem to want is a manager who outperforms his budget almost every year AND can also beat teams with 4x his playing budget. All whilst playing with a swagger. You have to ask if...

Get the 9 point administration punishment out the way too at this rate

Why the assumption that bad news is "lies"? Other clubs are prepared to sue Everton. The same thing happened to Derby County with Boro and Wycombe threatening lawsuits that prevented a takeover. From their point of view Everton cheated and lied which enabled Everton to overspend. The club...

Still obvious people don't understand the implications of relegation. It isn't a rebuild, it is the worst financial implosion in football history. You'd need someone who is prepared to write of half a billion minimum to keep us alive.

Administration doesn't remove debt that is owed to football clubs, players, the government, nor debt secured against revenue streams or assets. We may be a huge name in football but we'd be a club with no stadium, no training centre, no players, a points deduction and around 250-350m of money...