Everton to enter Administration? | Page 3 | Vital Football

Everton to enter Administration?

That makes for bad reading!
If 777 have borrowed the money to loan to Everton - they are in real trouble. Even if the deal goes through - they will need to find £500m to buy Everton, £100m to finish the stadium and also service their debts to whoever they have £200m off!

You can see why they continue to lend more and more money to them as well. They can't afford Everton to go into administration either - as they will have no money coming in and will still owe £200m out!

What a mess
Jesus!

They are in just as big a mess as Everton are.
 
Those accounts pretty much cement a six point penalty based on the logic used on previous ICs. The fact that they lost more money will be seen as an ‘aggravated’ breach in that they are getting worse not better.

Scousers are all either in denial or throwing out the sob stories in hopes of avoiding a punishment.

As an aside a former director is suggesting that if either club goes down as a result of the points deduction then that clubs players could sue if it costs them wages… 🤔

wow. we would.need a.new irony whacksheet if that happened.