Administration would mean big job losses. Anyone waiting for a cut price deal for a club in Administration is not the investment we need.
Why would anyone pay more for the club than it’s worth?
Let’s say I’m a billionaire, Everton is valued at £500 million, but because of its debts it would cost £800 million to acquire (and that debt figure is going up every week). Why should I pay £800 million to buy Everton when it’s only with £500 million?
Irrespective of whether the club goes into administration, there will probably be job losses / changes of personnel if/when any new owner acquires the club. Any competent owner would look at the various roles and decide what is and isn’t value for money. That’s the same in any business, happens in my profession and probably happens in yours.
The club is a loss making entity, any new owner would look to address that and would probably look for efficiency savings. Not nice, but happens in any industry / company on the planet.
Also, there seems to be talk it’s administration or awful owners like 777, and we need to choose our medicine. You do know it could be both? Perfectly possible for Everton to be bought by crooks and still enter administration (see Wigan Athletic).
Fact is, if the club goes into administration it’s because it can’t afford to pay its debts. That’s not my fault, not Paul Quinn’s fault, it’s the fault of Moshiri, Kenwright, Ingles, Baxendale etc.
Also, there comes a point when it’s not an “option” to go into administration. Liquidation law applies duties to the directors of Everton automatically.
So let’s cut the crap about certain people wanting Everton to go into administration.