£110m loss for past 13 months

[Brisan123]

Paul Joyce has just posted this.....

Alisher Usmanov’s links with Everton grow stronger as he eyes potential new stadium deal

Alisher Usmanov has strengthened his links with Everton after the company he owns with business partner Farhad Moshiri spent £30 million acquiring an option to purchase naming rights for the club’s proposed new stadium.The deal with USM, a holding company set up by Usmanov and Everton owner Moshiri

www.thetimes.co.uk

Anyone ablke to get past pay wall to get full article?

This aged well
What a difference a day makes
Just 24 little hours

 

[RogerStringpiece1878]

We're selling the naming rights to a stadium that hasn't been built. Financially, we're not doing well. No point in trying to spin it any other way. Going to take a long time to get out of this hole.

 

[AmericasToffee]

We're selling the naming rights to a stadium that hasn't been built. Financially, we're not doing well. No point in trying to spin it any other way. Going to take a long time to get out of this hole.

You keep saying these things yet can't give any good evidence.

 

[RogerStringpiece1878]

You keep saying these things yet can't give any good evidence.

Let's hope we don't get CL football within the next 3 years because we'll fall foul of those rules with these losses.

Quite simple.

 

[Toffee-nerd]

We're selling the naming rights to a stadium that hasn't been built. Financially, we're not doing well. No point in trying to spin it any other way. Going to take a long time to get out of this hole.

Moshiri has put in £500m since 2016. USM are paying us another 30m for literally nothing plus whatever ridiculous revenue "at market rates" means for the stadium naming rights. Clear as day whenever we need additional funds USM will plough a load of money in. Looking forward to the USM sponsored goal posts and crossbar at 10million a game. This is a right laugh.

 

[ForeverBlue92]

Let's hope we don't get CL football within the next 3 years because we'll fall foul of those rules with these losses.

Quite simple.

Except we haven't fallen foul of any rules bud.

And next years accounts already have £30 million added from tonight's deal alone.

 

[RogerStringpiece1878]

Except we haven't fallen foul of any rules bud.

And next years accounts already have £30 million added from tonight's deal alone.

That's why I said let's hope we don't get in the CL in the next 3 years because that's how far FFP goes back...

 

[Seathestars]

One things for sure, it puts to bed any doubt that uncle Uzi isn’t on board.

Won’t be long before we’re doing a Chelsea and Man City in our glorious new stadium and I will buzz off the fume.

 

[ForeverBlue92]

That's why I said let's hope we don't get in the CL in the next 3 years because that's how far FFP goes back...

It goes back 3 years anyway - the limit is £105 million loss.

The last 3 years including the £111 million loss posted tonight totals £94 million loss.

Add £30 million from USM's new deal means taking nothing else into account next seasons 3 year average would be £64 million loss.

 

[arch stanton]

Let's hope we don't get CL football within the next 3 years because we'll fall foul of those rules with these losses.

Quite simple.

so what, we get fined and Uncle Uzzy gets his cheque book out

 

[AmericasToffee]

That's why I said let's hope we don't get in the CL in the next 3 years because that's how far FFP goes back...

Math tough.

 

[FTY]

How can you get scared by something you haven't got a clue about? lol

Er, fear of the unknown?

Same reason you’ve never spoke to a bird

 

[brigadier]

This is what happens when you down grade but costs more for lesser players then try to upgrade by spending way over the odds , koeman and Walsh handicapped us.

 

[anton66]

Let's hope we don't get CL football within the next 3 years because we'll fall foul of those rules with these losses.

Quite simple.

Let’s stay mid table and enjoy the ride. ffs.

 

[Disgruntledgoat]

We're selling the naming rights to a stadium that hasn't been built. Financially, we're not doing well. No point in trying to spin it any other way. Going to take a long time to get out of this hole.

Stay in your lane Everton!