Usmanov

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Kidkojak said:
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.
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Don't agree with some of that view but fair enough ;).
I never used to post on anything other than your stadium build but as I now have a lot more time on my hands, I slowly started posting in the Spurs thread and then on other things.
You will be pleased to read that I will try not to post on the Everton main forum other than stadium.
 
H.H. said:
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.)
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Hang on what are we missing here.
I never once said "Everton would struggle to get a loan."
I replied simply with "Not with Everton's credit rating."

Is that not the same thing i mean if they cant get a loan as according to you its a "Not with Everton's credit rating."
Then you are saying in turn they would Struggle to get one if at all?

Or are you simply manipulating words now.:oops::oops:
 
tommye said:
Who are 800 million pounds in debt. Silly us.
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To be fair, I think Spurs under Levy are about as well run a football club as a business. Their debt is sensible given it's against the stadium and the extra revenues it brings in.

Business wise Everton stink, but fortunately we have a deep pocketed mystery benefactor whose name escapes me. If only we had a thread about him...
 

Kidkojak said:
Hang on what are we missing here.
I never once said "Everton would struggle to get a loan."
I replied simply with "Not with Everton's credit rating."

Is that not the same thing i mean if they cant get a loan as according to you its a "Not with Everton's credit rating."
Then you are saying in turn they would Struggle to get one if at all?

Or are you simply manipulating words now.:oops::oops:
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Nope, I've Gotta reply.

Where did I once say "Everton would struggle to get one, if at all" ?

Forgetting the "At all" bit, I never once even said that Everton would struggle to get a loan.
 
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Didn't realise the credit rating of multi-million/billion pound organisations was as simple as looking at the top line profit figures for the club and then lashing the rest of the numbers in the bin.

Might throw an application in to Moody's this afternoon. Reckon I stand a chance now.
 
H.H. said:
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.)
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Not really sure how saying Everton would struggle to get a loan is different to saying Everton would struggle to get a loan (from the BoE) with their credit rating. So nothing 'made up' here mate.

But while I'm getting bored of saying this now, it is NOT the fact that the better your profits the easier it is to get a loan at lower interest rates.

Spurs have obviously passed the BoE's credit criteria, but you have to accept that decision is not just based on their profitability.

The Red shower across the park are profitable, but their owners don't have infinite financial resources like Man City, and they also have other mouths to feed in the US who all have the same issues currently with servicing massive fixed wage contracts with the threat of significantly reduced revenues from TV, elite competition prizes, gate receipts etc. So, would you lend to them now given the current uncertainty, solely because they have been 'profitable'?
 

Yarrgh said:
Unfortunately that's a real possibility. I hope that the PL will do the right thing and spread the money down the pyramid to help them out.
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Parachute payments from the PL should be abolished. This man money should be spread more even my ami hat the rest of the league. More money for championship clubs, less money for league 1 all the way down to the national league. It might make the difference between sine of these clubs going to the wall or surviving.
 
I dont get why a really big profitable football club with a copper bottomed credit rating need bailing out by the Government/B of E.

To the tune of £175m. (which I assume dwarfs their giddy profits anyrate).
 
Kidkojak said:
I can see you either dont understand the quite simple post or you are using a clever tactic of moving the goal posts ;)
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I haven't moved the goalposts but it is a lot of you lot doing so by saying that I said
"Everton would struggle to get a loan."

100%, I never once said that.
 
roydo said:
I dont get why a really big profitable football club with a copper bottomed credit rating need bailing out by the Government/B of E.

To the tune of £175m. (which I assume dwarfs their giddy profits anyrate).
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Probably because they didn't predict the Covid-19 thing when working out what debt they thought they could manage.
 

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