Usmanov

[ForeverBlue92]

You still didn't answer the question.
Which company would get a loan at a lower interest rate.
The company that shows profits or the company that shows losses?

Thankfully mate we dont need a loan

 

[Toffeelover]

I suspect that Spurs assets are worth considerably more than Everton's in the event of liquidation eg Harry Kane v Richarlison and the new White Hart Lane v Goodison.

Take into account the amount of debt as a ratio to asset value though.

 

[tommye]

Listen mate, I only chimed in cos you were telling everyone they didn't understand credit ratings, and to show it was you who actually didn't.

But as you ask, a bank that makes a credit decision on profits alone will lose money very quickly.

 

[Blue_Berry]

You still didn't answer the question.
Which company would get a loan at a lower interest rate.
The company that shows profits or the company that shows losses?

So do you means the company that shows profits but has a debt to equity ratio of 10 times, or the one that shows a loss but has no current debt?

 

[tommye]

Aha. Gotta respect being head patted on finances by a furlough club.

Who are 800 million pounds in debt. Silly us.

 

[catcherintherye]

So do you means the company that shows profits but has a debt to equity ratio of 10 times, or the one that shows a loss but has no current debt?

In fairness to the Spurs lad, I'm not sure he's arguing they are in a better financial position on the face of it. It's an interesting debate and would partly depend on what you are looking for. It's more just, whatever the criteria are for the government borrowing scheme means presently they meet it, and it's unlikely we would.

 

[H.H.]

Not that we know of.

I think it's an exercise in head patting and knowing our place.
Just a guess though

Why do a lot of you get all defensive when a supporter of another team make a relevant point?

Aha. Gotta respect being head patted on finances by a furlough club.

"Good Boy."

 

[Blue_Berry]

In fairness to the Spurs lad, I'm not sure he's arguing they are in a better financial position on the face of it. It's an interesting debate and would partly depend on what you are looking for. It's more just, whatever the criteria are for the government borrowing scheme means presently they meet it, and it's unlikely we would.

You know mate, they could well be. But I don't feel we should be lectured on it by someone who doesn't understand the basis on which credit is given, if he thinks it's just about the club that makes the most profit.

If that's his view, he can't possibly know what Everton's creditworthiness is.

 

[tommye]

Why do a lot of you get all defensive when a supporter of ano

I'm not getting all anything.
Was merely an observation but do crack on telling us stuff you keep getting wrong

 

[H.H.]

In fairness to the Spurs lad, I'm not sure he's arguing they are in a better financial position on the face of it. It's an interesting debate and would partly depend on what you are looking for. It's more just, whatever the criteria are for the government borrowing scheme means presently they meet it, and it's unlikely we would.

As per usual, Catcher gets it.
It's just so simple to understand.
To be able to get a good rate of interest, the better the company profits, the more likely it is to get a better rate.

 

[H.H.]

Thankfully mate we dont need a loan

Hopefully most clubs will get through this as well as possible*.

*I would be OK with only two suffering.

 

[Blue_Berry]

As per usual, Catcher gets it.
It's just so simple to understand.
To be able to get a good rate of interest, the better the company profits, the more likely it is to get a better rate.

So you just choose to back the guy who was sympathetic to you. And you still don't understand because you have too simplistic a view.

All companies manipulate profits and losses, for all kinds of reasons. The availability and amount of credit and the rate of interest charged are determined by a whole host of criteria, including profitability.

Your original point was that Everton would struggle to get a loan based on their credit rating. Yet you don't appear to know what a credit rating is, or how it is assessed. So you can't really back up that point can you mate?

 

[Kidkojak]

As per usual, Catcher gets it.
It's just so simple to understand.
To be able to get a good rate of interest, the better the company profits, the more likely it is to get a better rate.

The Original responses clearly came from the poor ill informed comment.
Maybe dont throw out a Vague insult "Not with Everton's Credit Rating" in said Clubs main forum then try and walk it off like some interesting Query when you are proven wrong.
Maybe those same supporters would be less defensive if you opened with the exact Query worded more succinct rather than empty Rhetoric and then going down a Rabbit hole you know nothing about.
I mean was you really expecting a cuddle and no responses to the Sarcy first comment from a Tottenham Supporter on a Rival Teams Forum.

I think you got off lightly haha.

 

[ForeverBlue92]

Hopefully most clubs will get through this as well as possible*.

*I would be OK with only two suffering.

Crazy times mate - feel for alot of the smaller clubs in Leagues 1 & 2 guaranteed a few will go to the wall without help.

 

[H.H.]

Your original point was that Everton would struggle to get a loan based on their credit rating. Yet you don't appear to know what a credit rating is, or how it is assessed. So you can't really back up that point can you mate?

Wrong and now you're just making things up.
I never once said "Everton would struggle to get a loan."

I replied to Firefightingblue who asked,
"Could Everton also get a loan from the Bank of England at the low 0.5% rate."
I replied simply with "Not with Everton's credit rating."

You can manipulate words however you want about creditworthiness/bonds etc.
The fact is the better your profits, the easier it is to get a loan (whatever type of loan,) at a lower interest rate (as Spurs have done with the Bank of England.)