Moshiri on Jim White show on TalkSport today....

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1st day lurking in quite some time and I've been outed.

@tommye @Muggins

Haha.

It appears we've got a nutcase Billionaire majority shareholder ringing up talk radio telling the whole world the ins and outs of our business and transfer dealings before even cakes and a meeting room.

It's been quite a day.

Definitely a momentous moment in Everton history. I'm glad you're here pal.
 
You believe the club is debt free. I'm just addressing that mate. The club aren't. The AGM will clear that one up.

"We needed a strong balance sheet so I paid off the debts. We are now very flexible financially. We need a big stadium, no question about it. We have done the hard bit because the club was restricted to move or expand Goodison by banking covenants but I have paid the debts so we are free to do what we want and we have the finances to do it"

An analysis of what he's said - if he'd just transferred long term debt to short term debt to remove the restrictive covenants then he could not claim (i) to have a strong balance sheet as the BS would not change, and (ii) the use of the word 'debts' rather than 'debt' suggests both long and short term debt.

As you know I have maintained for some time that the long term debt had been paid. He has gone further today and I look forward to further confirmation.
 
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