Recent content by James

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It doesn’t read well but ultimately the auditors can only take into account legally binding funding when making the going concern assessment. That would mean Moshiri needs to put in equity or debt now - which he clearly won’t do. Moshiri could decide to support us if we go down but as it’s not...

It’s so so with Blue Heaven Holdings. It is the majority shareholder in the club. Its majority shareholder is Moshiri. In effect we are reliant on Moshiri if we get relegated.

Reality is if he sells the club without the stadium the club is worth much less. Any buyer would have to price in the annual rental cost when coming up with the valuation to buy. Add to that that it leaves Moshiri with an illiquid £700m asset. How many years before the build cost is recovered...

I’m speculating but that’s my guess. Otherwise it would have to be a huge coincidence that this broke now a week or so after the ban on providing audit services to Russian linked companies was announced.

The rules cover provision of direct and indirect services. So Everton is controlled by Moshiri and his Russian links are the cause for concern. So the provision of services to Everton is the indirect provision of services Moshiri. It’s to stop the use of shell companies to get around the...

We’ve relied on Moshiri’s continued investment to ensure going concern is met in the past year. With the savings we’ve made in the last 12 months I’d guess going concern basis would be at risk only if he’d had enough and was walking away. It would be odd for BDO to change their view now. What...

It will be sanctions related. The government has just extended the ban on providing professional services to companies with a Russian connection so that it now covers audit services. BDO won’t want to even chance it with this one. Auditors don’t normally resign due to going concern risks. They...

Yes?

Is that a home shirt on Richarlison’s dog?

We get parakeets too. Makes a nice change to pigeons!

Reported the sightings. Apparently south east London is a bit of a hot spot... who knew?

One sycamore and a whole lot of tree bark mulch! I’ve seen about 4 over the last couple of weeks having seen none previously so something has changed. It was a pretty good surprise

I live in zone 3 south London and saw this in the garden last week... Bit of a monster