Louis Posted August 14, 2009 Report Share Posted August 14, 2009 It's recently been revealed that Everton FC have secured their overdraft against the television money for 2009/2010 season (i.e. a year in advance). It's been secured at 3% (plus base rate) with Barclays. http://www.scribd.com/doc/18539290/Everton-Mortgage-5-August-2009 Quote Link to comment Share on other sites More sharing options...
rubecula Posted August 14, 2009 Report Share Posted August 14, 2009 Thats good news. Hopefully I can get an overdraft too. Quote Link to comment Share on other sites More sharing options...
jamiemaher85 Posted August 14, 2009 Report Share Posted August 14, 2009 Could this mean we can expect spending to happen soon? Fingers crossed! Quote Link to comment Share on other sites More sharing options...
CaptainFerguson10 Posted August 14, 2009 Report Share Posted August 14, 2009 Funny, can't access the link. Wouldn't hold my breath about spending, it's seems unlikely unless we sell Lescott. Quote Link to comment Share on other sites More sharing options...
Lowensda Posted August 14, 2009 Report Share Posted August 14, 2009 Somethings happening good good! at least their's some indication, be it ground improvements, players...etc. Quote Link to comment Share on other sites More sharing options...
Adpom Posted August 15, 2009 Report Share Posted August 15, 2009 good news, hopefully we buy in the next few days. Quote Link to comment Share on other sites More sharing options...
Louis Posted August 15, 2009 Author Report Share Posted August 15, 2009 It's not good news? It's simply a renewal of the terms from last year. In 2008 it cost £1.6m to maintain. If it does mean the transfer fund has become available, it means it is coming out of the overdraft. Quote Link to comment Share on other sites More sharing options...
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