Everton take on another mortgage

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Truthfully, I have no idea what that means........... hopefully it means we will have funding in place for January, so we can sign a player or two at the beginning of the window.
 
It may just be day to day running of the club. For Keioc to run the story though I'd hazard a guess and say they think it's stadium related. Knowing the amount of money involved would clarify things.

As the link you provided says, Investec are an investment bank. They'd co-ordinate investment usually I'd imagine, but it looks here like they are the investors themselves and securitizing their money against an unspecified asset. Maybe the club used them to get a competitive interest rate?

Their involvement is intriguing.

Probably someone like Bruce who works in the industry would be able to shed some light on this.

Bruceeeeeeeeeeeeeeeeeeeeeeeeeee!!!
 

davek said:
No. I doubt Investec would be advancing anything less than ten bob though. :unsure:
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Hard to know, if its stadium related it could be the club knows something we dont - if they they take out a mortgage to cover cost without the thumbs up could be a bad bad move if indeed this is what funds are or will be used for.

The role of the incestec is intrigueing are they facilitaing the club, investing themselves or being used by a third party.
 
Neiler said:
Hard to know, if its stadium related it could be the club knows something we dont - if they they take out a mortgage to cover cost without the thumbs up could be a bad bad move if indeed this is what funds are or will be used for.
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Well, I think that's what KEIOC are driving at. The timing of the investment could be stadium decision related. If the club knew that it was a Yes, then investors would be needed for a club with practically sod all to pay for their end of the costs with. If it isn't stadium related, as you point out, it would suggest that the wolf isn't too far from the door...not only that, loading the club with even more debt and complications over who is owed what would be detrimental to any takoever approach.
 
I've got a few friends that work for Investec, they have an office about 30 seconds walk from my flat.

I could see if one of them would be willing to breach confidentiality and see if they could dig anything up but i really wouldn't know what to ask them to look for.
 
Ask them if they've seen a fat headed luvvy on his knees begging for money. :P

Seriously, that'd be commercially sensitive info kept out of documents surrendered to Companies House and could get your friends in trouble.




*But if you do ask them find out what sums are involved and what the 'charged contracts' relate to.
 

davek said:
Well, I think that's what KEIOC are driving at. The timing of the investment could be stadium decision related. If the club knew that it was a Yes, then investors would be needed for a club with practically sod all to pay for their end of the costs with. If it isn't stadium related, as you point out, it would suggest that the wolf isn't too far from the door...not only that, loading the club with even more debt and complications over who is owed what would be detrimental to any takoever approach.
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I think they know Kirkby will get the thumbs to be honest, dont think its the wolf at the door scenario you mention the company house has our debts clocked at 39 mill - which is very healthy compared to other clubs and their balance sheets - guess you never know though.

My best guess would be a loan taken out to cover the initial cost of the build untill the sale of Goddison, Bellfield (if ever) and naming rights are all nailed down. With said assets used as collaterol.
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The timing of this im sure is all coincidence!!!!
 
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ask them this willis..

Willis said:
I've got a few friends that work for Investec, they have an office about 30 seconds walk from my flat.

I could see if one of them would be willing to breach confidentiality and see if they could dig anything up but i really wouldn't know what to ask them to look for.
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which of the females who work there love givin head.. an another do they fabuck on 1st dates.... :huh: so wheres ya flat city slicker..:P in KIRKBY
 
Neiler said:
I think they know Kirkby will get the thumbs to be honest, dont think its the wolf at the door scenario you mention the company house has our debts clocked at 39 mill - which is very healthy compared to other clubs and their balance sheets - guess you never know though.
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Maybe. The timing of this doesn't suggest that, though: 29th September. My understanding from people more involved than me is that at that stage the decision wasn't favourable. Whether that was untrue or the Sec of State disagreed with the decision I wouldn't know.

Neiler said:
My best guess would be a loan taken out to cover the initial cost of the build untill the sale of Goddison, Bellfield (if ever) and naming rights are all nailed down. With said assets used as collaterol.
.

The timing of this im sure is all coincidence!!!!
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Alternative scenario: Kirkby is knocked back, we're potless and get
lawyers, Teacher Stern, who are well embroiled in the world of cutting deals on player sales: Berbatov to United, Robinho/Tevez to City amongst them (they have form in contracts with the leech Kia Joorabchian). The *investment* is on the strength of another player moving on in the next couple of transfer windows?
 
The bottom line is our debt has increased. How much are the repayments and how are they going to be met. It hardly matters what the monney is for.

Has BK invited Gordon Brown to be a Board Member with all his expereince of saving the world banking system, he is going to save Everton.:lol:
 

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