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Interest rates are c4-5% higher than they were then. The equivalent would be c8% today. 10% for private debt really isn’t that high based on current market rates.

RMF blocked that deal. That would be more difficult to do the closer we get to the loan needing repayment. It’s not hard to see what’s going on here and why all the insolvency chat is being thrown about by hacks like goodley.

The MSP loan is secured against the holding company that owns the club. If the loan is not repaid, either as part of the takeover or by moshiri himself, then they will in effect take control of the club. just saying …

Isn’t it down to safety stuff?

Our possible insolvency is down to the size and stage of the project and the fact it is not yet generating a cash flow. Which is about 16 months away. Once we get to the stadium the debt becomes manageable and serviceable. There will be people more willing to lend now rather than 12-18 months...

Exactly. no it really isn’t. You engage with consultancy firms for lots of reasons. And refinancing debt that has been used to fund a capital project is common place, particularly post major shifts in the macro economic environment. Restructuring debt is absolutely not the same as insolvency...

Debt restructuring however…

‘The Guardian understands that Teneo – a global financial advisory firm with a large insolvency division – has been approached to advise Everton and its directors.’ I’d not the same as ‘Everton call in insolvency advisors’. It’s like saying we’ve called in insolvency advisors when we’ve...

That headline is ridiculous.

I don’t think you can accurately. Though I remember getting an email recently where they are going to split the tiers up into cohorts so you know how far off you are. I think that happens in a couple of weeks but I can’t find the email now. Anyone have any idea of what the email said?

I’m literally just quoting something that came from the vid. I don’t think the expansion would cost anywhere near 100m tbh.

For those asking, they say it in the video above

Apparently, due to the euros, we are going to increase capacity by c10k quite quickly. So we’ll be >60k within 2 years of moving.

Imagine posting this after a derby win.

I see under the proposed new rules that we would still be 20m over!

Im not sure there’s enough information to gauge how big the breach will be from the data that’s been released.

How much of that is stadium related though.

This won’t be til the end of next week.

We are guilty. That’s not up for debate really.

That would be disastrous surely. As if we’ve breached this year we’d get them all back? And forest would get a suspended sentence too. So effectively we are where we are right now.