Farhad Moshiri

ForeverBlue92 · July 23, 2020

ToffeeTim said:
Borrowing money is what businesses do.

The richer you are, the easier it is to borrow more money. A bit of a paradox, but such is life.

You would think Esk would get bored of repeating the same skint line when we spend £100 million every summer.

TheSecondComing · July 23, 2020

Pabbers said:
These over-draft facilities are so common ffs.

The issue isn’t that though is it?

Pabbers · July 23, 2020

TheSecondComing said:
The issue isn’t that though is it?

Enlighten me ??

TheSecondComing · July 23, 2020

Pabbers said:
Enlighten me ??

Offshore facilities... like the “old” Days under Kenwright.

Other than that no issue with the idea of taking out an OD.

ToffeeTim · July 23, 2020

TheSecondComing said:
Offshore facilities... like the “old” Days under Kenwright.

Other than that no issue with the idea of taking out an OD.

I don't really understand the issue tbh

TheSecondComing · July 23, 2020

ToffeeTim said:
I don't really understand the issue tbh

we have gone from ICBC to these.

This is like getting a loan from Halifax to getting a loan from Quick Quid

brieverton · July 23, 2020

It probably just means we are paying more to borrow.

Hardly a surprising scenario.

We will be significantly impacted by the covid economy, as will all of football.

orly · July 23, 2020

TheSecondComing said:
we have gone from ICBC to these.

This is like getting a loan from Halifax to getting a loan from Quick Quid

True this tbh. Banks so worried about lending to Everton due to wages overexposure and poor transfer spending.

This lands at the door of our grossly overpaid DoF tbh

TheSecondComing · July 23, 2020

brieverton said:
It probably just means we are paying more to borrow.

Hardly a surprising scenario.

We will be significantly impacted by the covid economy, as will all of football.

It means ICBC don’t see us someone they can lend to like under the days of Blue Bill.

firefighterblue · July 23, 2020

Interesting as it has been reported that Usmanov and his companies have been one of the beneficiaries of covid and his wealth has reportedly increased by £3 billion and by association Moshiri has probably increased his wealth too.
Brands saying today we want a left winger, CB and CM. Anything else would be swaps loans and free transfers.
We need at least 3 midfielders ha
Report also saying we are interested in Morelos from rangers and will offer Kean on a loan deal to sweeten the deal.

AussieToffee11 · July 23, 2020

TheSecondComing said:
we have gone from ICBC to these.

This is like getting a loan from Halifax to getting a loan from Quick Quid

The Athletic are reporting it’s an overdraft with Metro Bank and it’s for cash flow purposes to cover the cost of staff and operations that have occurred through Covid. If that’s the case it’s hardly Halifax to Quick Quid...

Moomin · July 23, 2020

firefighterblue said:
Interesting as it has been reported that Usmanov and his companies have been one of the beneficiaries of covid and his wealth has reportedly increased by £3 billion and by association Moshiri has probably increased his wealth too.
Brands saying today we want a left winger, CB and CM. Anything else would be swaps loans and free transfers.
We need at least 3 midfielders ha
Report also saying we are interested in Morelos from rangers and will offer Kean on a loan deal to sweeten the deal.

I doubt his companies have benefited from Covid.

Steel industry will be slow for the next few months in demand.

firefighterblue · July 23, 2020

Moomin said:
I doubt his companies have benefited from Covid.

Steel industry will be slow for the next few months in demand.

It's his communications company's and his oil and gas companies that have increased his wealth. There was a report in the financial times about the people whose wealth has increased in this covid period. People like Soros and Usmanov were mentioned

orly · July 23, 2020

Lads we aren't exercising a dodgy payday loan funding vehicle because Usmanov is about to spend £200m ffs

Moomin · July 23, 2020

firefighterblue said:
It's his communications company's and his oil and gas companies that have increased his wealth. There was a report in the financial times about the people whose wealth has increased in this covid period. People like Soros and Usmanov were mentioned

Oil and Gas prices have dropped through the roof, no-one is making money in that market.

All the major players in that field share prices dropped sharply.

Communications, now thats a different story.