Believe it or not there are more than one Evertonians capable of reading a set of accounts. Unfortunately, it would seem that there are a whole host of Evertonians who seem to prefer to live in a fantasy land.
As I said, im sure Moshiri knows what hes doing, as I also said, I dont know why we do it, but im sure there are reasons.The majority of Clubs do not take out bridging loans. Bridging loans are historically a last resort and very expensive. Most clubs usually have a revolving Credit Facility with a bank at a much lower interest rate.
Majority of people can read books, but don’t know how to write a bestseller.Believe it or not there are more than one Evertonians capable of reading a set of accounts. Unfortunately, it would seem that there are a whole host of Evertonians who seem to prefer to live in a fantasy land.
Would you say Moshiri has run the club well and has got bang for his buck.Majority of people can read books, but don’t know how to write a bestseller.
The same way others can read accounts but wouldn’t have a scooby how to run a multimillion pound business
Would you say Moshiri has run the club well and has got bang for his buck.
You're asking if a business that has made losses of 265m over the last 3 years is being well run????????Would you say Moshiri has run the club well and has got bang for his buck.
That perfectly illustrates my point that a successful record of making money in other businesses doesn't mean you will be a successful owner of a Football Club.You're asking if a business that has made losses of 265m over the last 3 years is being well run????????
At the end of the day its his money, if he wants to waste it on interest rates, thats up to him
That perfectly illustrates my point that a successful record of making money in other businesses doesn't mean you will be a successful owner of a Football Club.
Ive never claimed Moshiri is running this club well.That perfectly illustrates my point that a successful record of making money in other businesses doesn't mean you will be a successful owner of a Football Club.
As I say mate, its his money, who are we to tell him how to waste it?Hasn't he effectively rolled up all the losses into equity after each season anyhow so he is covering the interest.
I bet it makes our net spend terrible. Could you point us to any local examples of well run clubs please?The majority of Clubs do not take out bridging loans. Bridging loans are historically a last resort and very expensive. Most clubs usually have a revolving Credit Facility with a bank at a much lower interest rate.
That perfectly illustrates my point that a successful record of making money in other businesses doesn't mean you will be a successful owner of a Football Club.
Well he has run the business aspect well, our commercial revenue has increased, we have a new stadium on the horizon and legacy being left behind. His mistake was the football appointments he made when he first took over which has impeded our faster progressionWould you say Moshiri has run the club well and has got bang for his buck.