gwladysnight
Player Valuation: £10m
We weren't paying interest on the stadium finance though. The loan agreements from Metro Bank and media rights stated we wouldn't be using the loans for the stadium. Plus internal documents showed that Moshiri was providing interest-free loans for the Stadium.
His agenda is that City needs punishing NOT protecting/supporting Everton.
That's the Pandora's box that potentially is going to be opened. One of the years was when we came 5th. Hell even we might have a claim for missing out on CL money
FFS, what is so hard about reading a League table?
.
Thats just a pat on the head you have got your house in order but,
It chose not to agree that Everton took a loan for the stadium, because it came about before they had officially got planning permission ?
And had incurred intrested On such loans according to the club?
No they chose to say Moshiri had the money and didn't need to take loans out to fund the stadium (despite him setting up the stadium company as a separate entity)
And as such couldn't count the millions of pounds interest as club debt towards stadium building in that years figure.
So according to that line of thought you get planning permission at no cost,
don't have to prove you have the money in place to move forwards on the building of the stadium?
Despite that being part of the planning process, put in place by Liverpool City Council.
Which if you follow Moshiri line of though on making a separate stadium entity to fund the costs , makes sence
The Premier league added the loans intrest to club general expenditure , not to stadium cost which if they had done would have left us able it offset those figures into that year which would have left us well below the threshold of losses for the year in question
That's an assumption
It looks like they are basing that assumption on the fact that the loans went into a general payment vehicle for the club , instead of into a separate stadium account nothing more.
Its like me paying a car loan into my general account and buying a car , then the bank saying you have used that to pay off other stuff prove you havnt?
Well i have a car outside,
thats not good enough you have enough money to buy one anyway.
its fraud you got a car loan under false pretences, see you in court .
They completely overlook the fact Moshiri had set up a funding vehicle, totally unessasery according to the Premier league line of thought as he could have just funded it out of the goodness of his heart i presume, bit of a waste of time that really wasn't it.
the cost of which would have been helped by a naming rights deal that was stopped in its tracks because of the Ukrainian war, a event that has no bearing according to the panel.
Covid counts any other world event no, ok we will remmber that in future.
It's like the stadium , just appeared out of the mist and you cannot use it's cost before a certain date, because it doesn't fit are narritive, so we choose to ignore , its a joke a technically to get the outcome they wanted
Amateur antics by Everton to even sail that close to the wind , but that outcome is way overboard.
Thats just a pat on the head you have got your house in order but,
It chose not to agree that Everton took a loan for the stadium, because it came about before they had officially got planning permission ?
And had incurred intrested On such loans according to the club?
No they chose to say Moshiri had the money and didn't need to take loans out to fund the stadium (despite him setting up the stadium company as a separate entity)
And as such couldn't count the millions of pounds interest as club debt towards stadium building in that years figure.
So according to that line of thought you get planning permission at no cost,
don't have to prove you have the money in place to move forwards on the building of the stadium?
Despite that being part of the planning process, put in place by Liverpool City Council.
Which if you follow Moshiri line of though on making a separate stadium entity to fund the costs , makes sence
The Premier league added the loans intrest to club general expenditure , not to stadium cost which if they had done would have left us able it offset those figures into that year which would have left us well below the threshold of losses for the year in question
That's an assumption
It looks like they are basing that assumption on the fact that the loans went into a general payment vehicle for the club , instead of into a separate stadium account nothing more.
Its like me paying a car loan into my general account and buying a car , then the bank saying you have used that to pay off other stuff prove you havnt?
Well i have a car outside,
thats not good enough you have enough money to buy one anyway.
its fraud you got a car loan under false pretences, see you in court .
They completely overlook the fact Moshiri had set up a funding vehicle, totally unessasery according to the Premier league line of thought as he could have just funded it out of the goodness of his heart i presume, bit of a waste of time that really wasn't it.
the cost of which would have been helped by a naming rights deal that was stopped in its tracks because of the Ukrainian war, a event that has no bearing according to the panel.
Covid counts any other world event no, ok we will remmber that in future.
It's like the stadium , just appeared out of the mist and you cannot use it's cost before a certain date, because it doesn't fit are narritive, so we choose to ignore , its a joke a technically to get the outcome they wanted
Amateur antics by Everton to even sail that close to the wind , but that outcome is way overboard.
chrismpw
Player Valuation: £70m
The word "if" points to speculation by a creative columnist under orders to dream up clickbait/fill copy an is NOT news.
Anybody over 10 should not be suckered into these stories.
Ring master
Player Valuation: £90m
Ive found it very odd and so bizarre that so many people dont realise at this minute we are 2points from getting out, and have been saying 5points lol
I think I'm developing OCD or something. I can't cope.
I thought the stadium costs they are arguing about is because for profit and sustainability purposes you can’t claim stadium costs (at the beginning) because of the probability that the stadium wouldn’t get the green light. How much money was spend on this to begin with? Anyone know?
It had to do with the fact is was supposedly going to be built on Bramley Moore Dock an UNESCO site which would probably end up falling through. So for that reason we cannot exclude the stadium costs (at the beginning) from our profit and loss.
Only when the project was green lit and not called in by the government, as I read it, were we then able to exclude costs.
The word probable is used a lot. It was probable that the stadium would get called in and not go ahead, therefore Everton can’t write off these new stadium costs which I imagine are for things like planning, design, consultants, maybe even the land itself etc?
I suppose it’s tk stop clubs just saying we are planning to move to a new stadium, every few years, knowing the stadium can’t or never will be built but would allow for certain costs to be written off/or hidden within this.
It had to do with the fact is was supposedly going to be built on Bramley Moore Dock an UNESCO site which would probably end up falling through. So for that reason we cannot exclude the stadium costs (at the beginning) from our profit and loss.
Only when the project was green lit and not called in by the government, as I read it, were we then able to exclude costs.
The word probable is used a lot. It was probable that the stadium would get called in and not go ahead, therefore Everton can’t write off these new stadium costs which I imagine are for things like planning, design, consultants, maybe even the land itself etc?
I suppose it’s tk stop clubs just saying we are planning to move to a new stadium, every few years, knowing the stadium can’t or never will be built but would allow for certain costs to be written off/or hidden within this.
chrismpw
Player Valuation: £70m
No ... the PL will react to draw the line on those cases and and the cut off year will be the year we qualified for that CL runners up league.
Problem is that our former players drink with @Moomin
Did you visit RAWK and see the alternative league table?
Howards tipple
Player Valuation: £8m
Jeeze, I'm confused with all the lawyers, barristers and those with intricate knowledge telling me what's happening and which can sue us...
Ffs, we have had our punishment which will be appealed. No other club will sue us.
Watch this space...I know enough to go to bed without wetting it.
Ffs, we have had our punishment which will be appealed. No other club will sue us.
Watch this space...I know enough to go to bed without wetting it.
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