Hope this is of interest:
With a great deal of media interest surrounding possible investment into Everton for a minority stake (more later) and with the caveat that the 2021/22 accounts are yet to be published, the scale o…
theesk.org
In summary, christ we have spunked some cash on an utter waste of purchases!
Pretty dire reading that in financial terms and the explanation of the Gordon Money being ringfenced for "relegation" is necessary but how did they even get to this point!
To all of us, any business running in this, we can see its destined to eventually fail, its simply unsustainable and hopefully the MSP will as it states open up "money Markets" where re-financing debts makes it more affordable and secures stadium completion funding.
Better oversight from 2 extra shareholders and scrutiny from them should see a vast shift in fiscal policy but it will surely have an on pitch effect even more so than that already felt?
How crap a situation do we find ourselves in here as a Club!!
I may be looking at it too simplistically to be honest but its does not look anything other than piss poor economics and fiscal policy