Welcome to this special edition of the Results Business Podcast, in which Rodger Armstrong and The Athletic’s Matt Slater examine the news broken by Matt of material changes in MSP’s investment into Everton and the stadium development company. We explore the new offer, why the offer of investment (for equity) was rejected by Everton’s principal lender was rejected - what that means for the football club and the stadium development.
Great and utterly desperate podcast fellas. Well done.
This has been looming large on the horizon and it’s really not an easy listen.
What I can’t understand and is yet to be explained (God forbid by the club), is the very reason Rights and Media Funding objected.
I know we have speculated on the actual amount involved and it’s probably around £150m in total, but these figures have largely been agreed and understood for quite some time. So they either made their feelings known to EFC and MSP very early on and we have been kept utterly in the dark (that would be shocking wouldn’t it🤣), or EFC and perhaps MSP were confident they could some how negotiate their way through it or around it.
Either way, once again, I have this feeling that EFC has managed to find a way out of stabilising, moving forward with a plan and new ideas etc in favour of the Chaos Theory that seems to wrap itself around everything we touch.
When that bloody butterfly finally stops flapping it’s wings in Japan - EFC might have already succumb to a full on Tsunami of debt, PL sanctions and financial administration.
It’s getting very hard to drag my battle weary backside to Goodison amongst such doom and gloom.
Great and utterly desperate podcast fellas. Well done.
This has been looming large on the horizon and it’s really not an easy listen.
What I can’t understand and is yet to be explained (God forbid by the club), is the very reason Rights and Media Funding objected.
I know we have speculated on the actual amount involved and it’s probably around £150m in total, but these figures have largely been agreed and understood for quite some time. So they either made their feelings known to EFC and MSP very early on and we have been kept utterly in the dark (that would be shocking wouldn’t it🤣), or EFC and perhaps MSP were confident they could some how negotiate their way through it or around it.
Either way, once again, I have this feeling that EFC has managed to find a way out of stabilising, moving forward with a plan and new ideas etc in favour of the Chaos Theory that seems to wrap itself around everything we touch.
When that bloody butterfly finally stops flapping it’s wings in Japan - EFC might have already succumb to a full on Tsunami of debt, PL sanctions and financial administration.
It’s getting very hard to drag my battle weary backside to Goodison amongst such doom and gloom.
UTFT.
Regards
Keith