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the board and the bank
  • moysyboy1943
    Posts: 130






    if we are to put our trust in Kenright and
    the board this question must be asked...if they are doing a good job
    WHY DOES'NT THE BANK TRUST THEM....Why is the bank intent on taking all
    the money the club makes...we have serious moneymen on our board and yet
    the banks still DON'T TRUST THE BOARD.there are at least six other clubs
    with a lot more debt than us and THEIR BANKS are not harassing
    them...in fact they all seem to be able to get the money to buy
    players!!!!!That is what worries me as an Evertonian of 60
    years....somethink is rotten at our Everton...and we need to find out
    what it is....quickly....

  • 11blue
    Posts: 4,685
    Since when have the banks not trusted us?
  • moysyboy1943
    Posts: 130
    why else would they take almost every penny we make....if i was owed money by a shop that i thought was closing I would want it..would'nt you?????
  • 11blue
    Posts: 4,685
    moysyboy1943 said:

    why else would they take almost every penny we make....if i was owed money by a shop that i thought was closing I would want it..would'nt you?????












    I think that the fact our debt has only risen over the years has a part to play in why they want their money back, but I wouldn't go as far as saying they don't trust us.






    Welcome to the forum by the way.
  • Kelbert
    Posts: 13
    haha naive mate youre looking at this the wrong way its got nothing to do with us closing down its called a financial recession, or have you been living under a rock, banks leant too much money out to every buisness and now there taking as much bavk as the can as quick as they can, got nothing to do with trust !!
  • milky71
    Posts: 8,787
    Think the bank is well happy at the moment.
  • himwill
    Posts: 554
    The majority of clubs have really cut back their spending since the financial crash. The majority of clubs who have spent money have done it by selling players, Sunderland sold Bent and Henderson, Liverpool have sold Torres, Meireles etc, Tottenham sold Berbatov etc etc. The only exceptions are obvious apart from Stoke but I remember reading that their debt was a nominal amount so can afford to spend money on players.
  • moysyboy1943
    Posts: 130
    Kelbert.....is that why it was said to the bank"don't  kill us off this season..????
  • dmcefc
    Posts: 1

    moysyboy1943 said:

    Kelbert.....is that why it was said to the bank"don't  kill us off this season..????



    that is the most worrying thing that has been said in this whole sorry saga ,what about next season and the season after.

    looking on the bright side maybe paying the banks is a ploy for when uefa employ their financial fair play rules ,and every other club goes to the wall and we get a sneeky entry into europe for finishing just above the relegation ,and then when they introduce stricter homegrown player rules we'll be ok because we'll of sold all our best players and will have our youth side playing........sorry its been a slow afternoon.
  • moysyboy1943
    Posts: 130
    ok.....
  • IhateRS
    Posts: 1,091
    dmcefc said:


    moysyboy1943 said:

    Kelbert.....is that why it was said to the bank"don't  kill us off this season..????



    that is the most worrying thing that has been said in this whole sorry saga ,what about next season and the season after.

    looking on the bright side maybe paying the banks is a ploy for when uefa employ their financial fair play rules ,and every other club goes to the wall and we get a sneeky entry into europe for finishing just above the relegation ,and then when they introduce stricter homegrown player rules we'll be ok because we'll of sold all our best players and will have our youth side playing........sorry its been a slow afternoon.


    Not only did we just clear a massive amount of debt, but we cleared a vast amount of wages, to the point we probably make a profit without even selling a player come the end of the year. Don't worry about it. It was a concern, now its not.
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