Demise of Everton

congo_red_49

Ale Ape
13. The goddess Anoia is angry with them.
cd9af4382e46de30b810f4b0a7fe65c4.gif


Everton's list of Excuses for overspending, revealed (in no particular order):-
1. Covid
2. The war in Ukraine.
3. The cost of living crisis.
4. Bubonic Plague.
5. The Wall Street Crash.
6. False diesel car emissions.
7. The miners strikes
8. Global Warming
9. Bird Flu
10. The diminishing bee population.
11. Those pesky kids
12. The ban on sales of The Sun on Merseyside meant they couldn’t get the racing results to see if their bets had won
13. Crewton told them there were no deadlines.
14. The goddess Anoia is angry with them.
 

Flaggers

May not be the best moderator on LTLF, but he's...
LTLF Minion

Statto

Free Kick Specialist
15. It's school holidays so all the little junior rat faces are roaming the streets with nothing to do (which pissed off the independent panel a bit)
 

Farmer Jack

Stuart Pearce
16. They're Scouse, not English, so the English are discriminating against them.
 

Farmer Jack

Stuart Pearce
A small gobshite of Liverpool fans are Scouse not English. Everton fans, broadly, don't engage in that bullshit posturing.

Sorry, meant 'Evertonian not English' :LOL:

 

Redemption

Agenda Benda
Sorry, meant 'Evertonian not English' :LOL:

That writer who is from the "South of Egland" and "can't claim to be scouse" seems like a bit of a dick.
 

valspoodle

Steve Chettle
How can you have the excuse of double jeopardy? Which presumably means that the cycle runs for three years, then you have to wait for another three years before PSR takes effect again.
 
cd9af4382e46de30b810f4b0a7fe65c4.gif


Everton's list of Excuses for overspending, revealed (in no particular order):-
1. Covid
2. The war in Ukraine.
3. The cost of living crisis.
4. Bubonic Plague.
5. The Wall Street Crash.
6. False diesel car emissions.
7. The miners strikes
8. Global Warming
9. Bird Flu
10. The diminishing bee population.
11. Those pesky kids
It's time . . .

 

congo_red_49

Ale Ape
15. It's school holidays so all the little junior rat faces are roaming the streets with nothing to do (which pissed off the independent panel a bit)
16. They're Scouse, not English, so the English are discriminating against them.
cd9af4382e46de30b810f4b0a7fe65c4.gif



Everton's list of Excuses for overspending, revealed (in no particular order):-
1. Covid
2. The war in Ukraine.
3. The cost of living crisis.
4. Bubonic Plague.
5. The Wall Street Crash.
6. False diesel car emissions.
7. The miners strikes
8. Global Warming
9. Bird Flu
10. The diminishing bee population.
11. Those pesky kids
12. The ban on sales of The Sun on Merseyside meant they couldn’t get the racing results to see if their bets had won
13. Crewton told them there were no deadlines.
14. The goddess Anoia is angry with them.
15. It's school holidays so all the little junior rat faces are roaming the streets with nothing to do (which pissed off the independent panel a bit)
16. They're Scouse, not English, so the English are discriminating against them.
 

Strummer

Socialismo O Muerte!
LTLF Minion
This chap seems to have been the main culprit:

IMG_3146.jpeg
 

Strummer

Socialismo O Muerte!
LTLF Minion
Is he:
A) Everton's new owner;
B) The EPL's new owner
C) Someone not quite so blatantly corrupt?
One might argue that, as no oligarch gets their fingers into anything in Russia without his tacit approval, and that therefore anything invested by any oligarch allegedly has a piece that sticks to his fingers, that this gentleman was perhaps indirectly already involved in the ownership of Everton, much as he was indirectly with Chelsea‘s previous ownership, again allegedly.
 

Strummer

Socialismo O Muerte!
LTLF Minion

T.B.T.

Forum Princess
LTLF Minion
What are the chances of them going into administration?
 

Strummer

Socialismo O Muerte!
LTLF Minion
What are the chances of them going into administration?
Nobody seems to know, to be honest.

It does seem that they are pinning their hopes on 777 Partners coming up with the cash, otherwise - as their accounts clearly state - there are „doubts about the business continuing as a going concern“ which is finance-speak for „we are desperately running out of cash, send help“.
 

Strummer

Socialismo O Muerte!
LTLF Minion
I suspect that there are people waiting in the wings for this to happen.
Yeah, you would think so - it would be almost inevitable if Everton did default and go into Admin, leaving aside any points deductions, there would be no shortage of money then willing to do a quick pre-pack administration, to pick off their assets (including the playing staff, current facilities and the new stadium) at a steep discount.

It would almost be a license to print money, if the new owner(s) could get them back into the Premier League.

It might be all about the timing - if the club stays up this season, and they really are financially in the shit, they might take admin and a points-deduction going in to next season, knowing that their financial problems would be cleared (at least, temporarily) and they would know what target to hit to stay up again.

But let‘s face it - Everton have been circling the drain for years, and have somehow managed to dodge relegation far too many times. The drop, painful though it might be to their fans, might actually do them good, because they have seemingly been living it large for years, without stable funding.
 

Harry1982

Grenville Morris
What are the chances of them going into administration?
The reading of that article, I'd say it's imminent, especially 777 inability to raise the funds to buy the club and also some have suggested they won't meet fit and proper checks anyway. What I don't get is, who would have thought a new stadium was a good idea when clearly the clubs a financial mess? It's not like evertons footballing achievements are on the rise for them to need a bigger ground.
 
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