EVENING SPUR.
Dont see why Everton would have a worse credit rating than your tinpot little club considering we dont have any debts at all and you owed around 1 billion last time I checked.
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EVENING SPUR.
Dont see why Everton would have a worse credit rating than your tinpot little club considering we dont have any debts at all and you owed around 1 billion last time I checked.
H.H.
Player Valuation: £10m
Don't know much about finance do you?
I know that when you are owned by a billionaire that lots of avenues of credit are readily available, especially to a club that has shown an impeccable record in paying back debt in the past and also has an income of 190m per annum.
I mean, which club would you consider loaning money to?
Spurs :
Furloughed all its staff cos it couldnt pay its bills
Went to get another bank loan for 175m on top of the 637m debt it already has
Didnt spend any money in a Summer transfer window cos utterly on its arse skint
or
Everton :
Paid all its staff 100% wages
Has no outstanding debts
Has spent 450m on players in the last 3 years
Has seen its revenues increase vastly in the last few years
But please feel free to explain how Spurs have a better credit rating than Everton.
So to answer your question, yeah, I know loads about finance, WBU?
I would feel it's a *bit* more nuanced than that when it comes to credit ratings..
"struggle" might be a bit outlandish. Isn't the general consensus here that London prints money essentially? Wouldn;t it make a safer bet the people who do bean counting towards London?
Yes, but im not really claiming Spurs cant get credit, we know they can, the Spurs fella claimed Everton have a poor credit rating.
Based on what im not sure.
PeregrineT
Player Valuation: £35m
Yes.........but no one is obsessed about credit ratings at that level. Average person personal finance and billionaire plaything stadiums are not financed in the same way, and its a bit absurd to think they are. The reason the bank is wary of lending you money, is because it doesnt know you, and doesnt know you are good for it. At this level, there often is no bank. There are very rich friends, there are personal connections, there is a man named Usmanov that can sign on a piece of paper that he guarantees a loan backed by USM equity and any lender or private individual/group in the world will take that note.
You are thinking like a small fish, trying to figure out what the big fish are doing.
Yarrgh
Player Valuation: £70m
Were they sponsoring glacial's boots last season?Yes and the concrete boots to go with it.
I suspect that Spurs assets are worth considerably more than Everton's in the event of liquidation eg Harry Kane v Richarlison and the new White Hart Lane v Goodison.
H.H.
Player Valuation: £10m
H.H.
Player Valuation: £10m
So obviously you don't but you then went on a mini meltdown.
P.S.
I said "Not with Everton's credit rating"
not
"Everton's poor credit rating."
Not an expert by any means, but maybe our past credit history, pre Moshiri. Didn't we borrow on the strength of the the sky money, sometimes two years in advance or was it the season ticket sales, even both. We also had to use shady off shore loan sharks, because we couldn't get the better loan facilities by Barclays etc. We were seen as a bad risk in them cash strapped Everton days.
Only during the winter months...
Bluebonic
Player Valuation: £35m
The lad who owns the black one next to it must be chocker!!Usmanov’s little boat has just arrived in Southampton.
World's largest super-yacht worth $650million arrives in Southampton Water
THE world's biggest super-yacht has arrived in Southampton after a week-long voyage from Barcelona.www.dailyecho.co.uk
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