The Everton Forum • Re: End of Moshiri - Friedkin Purchase Falls Through

So that’s £200m loans we owe to each of Friedkin, 777, and Fortress? At what point does £600m become a very real worry, especially when potential investors seem to want out as soon as they get involved? Apart from these debts what else are they discovering?

In theory the £600m loans isn’t worrying or surprising - the stadium is worth more than that and the majority of those loans will be able to be renegotiated to long term loans backed by the stadium.

It’s like when you buy your first house, it’s terrifying that you suddenly owe somebody hundreds of thousands when probably your biggest debt before then was a couple of k on a credit card - but it’s all backed by the asset and in the long term makes sense

Statistics: Posted by StirlingBlue — Fri Jul 26, 2024 1:23 pm

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