The Everton takeover sounds like an irretrievable mess, numerous loans taken out owed to various companies, some with serious legal issues hanging over the heads.
Apparently they owe £1.05bn although £450m is to Moshiri so could be effectively written off if a sale were to happen.
Including TFG’s new loan, Everton owe more than £600m to three external lenders — A-Cap/777, Cheshire-based Rights and Media Funding and TFG — as well as £450m in shareholder loans to current owner Farhad Moshiri.
The Everton takeover sounds like an irretrievable mess, numerous loans taken out owed to various companies, some with serious legal issues hanging over the heads.
Apparently they owe £1.05bn although £450m is to Moshiri so could be effectively written off if a sale were to happen.