Romey 1878 Posted August 18, 2016 Report Share Posted August 18, 2016 http://dailycannon.com/2016/08/usmanov-camp-deny-rumours-they-are-selling-up-at-arsenal-to-buy-everton/? Quote Link to comment Share on other sites More sharing options...
Guest rusty747 Posted August 18, 2016 Report Share Posted August 18, 2016 http://toffeeweb.com/season/16-17/rumour-mill/33313.html Quote Link to comment Share on other sites More sharing options...
duncanmckenzieismagic Posted August 27, 2016 Report Share Posted August 27, 2016 http://www.liverpoolecho.co.uk/sport/football/football-news/royal-blue-everton-investor-farhad-11806301 rubecula 1 Quote Link to comment Share on other sites More sharing options...
Mogsy Posted September 2, 2016 Report Share Posted September 2, 2016 Hmmmmm Don't know how true this is? Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 2, 2016 Report Share Posted September 2, 2016 Hmmmmm https://twitter.com/richardbuxton_/status/771709818511953921 Don't know how true this is? We should have no need for a loan so that's a bit concerning. Quote Link to comment Share on other sites More sharing options...
Paddock Posted September 2, 2016 Report Share Posted September 2, 2016 They are just shy of being a fucking loan shark. Very, very worrying indeed. Quote Link to comment Share on other sites More sharing options...
marcopaulo Posted September 3, 2016 Report Share Posted September 3, 2016 Seen as we have a lot of confusion as why a Billionaire would take out a loan thought this was worth a post.Everton took out a new loan today something our fans thought we would seen the back of with a Billionaire owner,Have a read below which explains why mostly all millionaires and Billionaires take out loans rather then pay up front with their own money. Reason #1: They would make more money by investing it elsewhere Let’s bring this down to our level for clarity. Say you want to buy a $250,000 flat (after subsidies), and you have enough in your bank account to pay for it all at once. If you take a loan, you could make the $25,000 down payment, and still have $225,000 left to invest in other things. For example, say you own a growing business, that generates returns of around 12 per cent per annum. You could take loan at 2.6 per cent interest (current HDB loan rate), and put your remaining $225,000 in your business. At the end of 20 years, you would make over $2.17 million from your business. The cost of your flat, at the end of 20 years including interest, is only around $376,000. That’s a profit of around $1.79 million. Now let’s say you didn’t do that, and just dumped all the money into paying for your flat. This would save you paying $376,000 over 20 years, but then you don’t have any returns to show for. In effect, choosing to pay for the whole flat, instead of using a mortgage, would leave you $1.79 million poorer. Now this will shock you, but most billionaires are good at business and investing, because they’re not all Donald Trump. They can think of a hundred other, better opportunities than tying the money up in what’s basically a fancy block of concrete. This is especially true in Singapore. Since around 2008, interest rates have lingered at historic lows of around 1.7 to 1.9 per cent. That’s even lower than the CPF interest rate, which is already the limbo pole of retirement products. Reason #2: They have access to special loans that poor people don’t The less you need money, the harder the bank will try to lend it to you. The reverse is also true. This is why a homeless man couldn’t borrow $2 for a cup of coffee, but a billionaire can’t use the bank’s bathroom without being loaned a bag of cash, just to wipe with, sir. The interest rate on a loan matches the degree of risk involved. The lower the risk, the lower the interest being charged. When it comes to billionaires, there is almost no chance that they will default. For this reason, billionaires often get special loan deals from private banks. Loan rates of one to two per cent, fixed, are not uncommon. Billionaires can also take out the loan using collateral that doesn’t generate income anyway. For example, a private bank may offer a billionaire a Lombard loan on his collection of 20 Ferraris. This could be a loan of up to 80 per cent of the value of his Ferrari fleet (which should buy a house and at least one of the Pyramids.) Again, interest rates on these loans will be super low, since they are secured (backed by collateral.) Billionaires don’t mind that piddly interest, because it allows them to monetise assets that don’t generate revenue – the cars won’t make any money just sitting there. Reason #3: Not all assets are liquid This one is straightforward: it can be inconvenient or costly to liquidate certain assets. Most people keep less than 30 per cent of their assets in cash. If you were to calculate the value of all that furniture in your house, your insurance policies, your computer, etc. I’m sure it’d be way more than the amount you have in your bank account. If a billionaire wants a particularly pricey home, like a $25 million bungalow on Sentosa Cove, he may not have that lying around in cash (also, rich people often have wealth managers, who fall into convulsions when they hear about large amounts of cash lying around and being chewed up by inflation.) And when banks are practically begging rich people to take loans, there’s no need to go through the trouble of selling wine collections, paintings, or the last third world country they bought. Most Singaporeans are asset rich and cash poor by the way, because that’s what happens when you combine 50 years of built up wealth with the impulse control of an escaped zoo chimp. We’re terrible with financial literacy. What you should take away from all this Here’s the one thing you should learn from all this: it is not always a good idea to pay off the mortgage as soon as possible. A typical insurance policy pays out around five per cent per annum. Some Exchange Traded Funds (ETFs) can generate returns of seven per cent per year, annualised over 10 years. These all grow faster than the cost of a typical home loan (2.6 per cent for HDB loans, and around 1.9 per cent and rising for private bank loans) You should talk to a wealth manager to assess your financial situation; but in many cases, you could ultimately be losing more money by tying it up in your house instead of letting it grow. Now, hope you understand why billionaires take out home loans Apparently Quote Link to comment Share on other sites More sharing options...
markjazzbassist Posted September 3, 2016 Report Share Posted September 3, 2016 Great post Marco. Quote Link to comment Share on other sites More sharing options...
Paddock Posted September 3, 2016 Report Share Posted September 3, 2016 Good post Marco but the loan is apparently at 10% Quote Link to comment Share on other sites More sharing options...
Mogsy Posted September 3, 2016 Report Share Posted September 3, 2016 Can you get me a loan Marco? Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 3, 2016 Report Share Posted September 3, 2016 Seen as we have a lot of confusion as why a Billionaire would take out a loan thought this was worth a post.Everton took out a new loan today something our fans thought we would seen the back of with a Billionaire owner,Have a read below which explains why mostly all millionaires and Billionaires take out loans rather then pay up front with their own money. Reason #1: They would make more money by investing it elsewhere Let’s bring this down to our level for clarity. Say you want to buy a $250,000 flat (after subsidies), and you have enough in your bank account to pay for it all at once. If you take a loan, you could make the $25,000 down payment, and still have $225,000 left to invest in other things. For example, say you own a growing business, that generates returns of around 12 per cent per annum. You could take loan at 2.6 per cent interest (current HDB loan rate), and put your remaining $225,000 in your business. At the end of 20 years, you would make over $2.17 million from your business. The cost of your flat, at the end of 20 years including interest, is only around $376,000. That’s a profit of around $1.79 million. Now let’s say you didn’t do that, and just dumped all the money into paying for your flat. This would save you paying $376,000 over 20 years, but then you don’t have any returns to show for. In effect, choosing to pay for the whole flat, instead of using a mortgage, would leave you $1.79 million poorer. Now this will shock you, but most billionaires are good at business and investing, because they’re not all Donald Trump. They can think of a hundred other, better opportunities than tying the money up in what’s basically a fancy block of concrete. This is especially true in Singapore. Since around 2008, interest rates have lingered at historic lows of around 1.7 to 1.9 per cent. That’s even lower than the CPF interest rate, which is already the limbo pole of retirement products. Reason #2: They have access to special loans that poor people don’t The less you need money, the harder the bank will try to lend it to you. The reverse is also true. This is why a homeless man couldn’t borrow $2 for a cup of coffee, but a billionaire can’t use the bank’s bathroom without being loaned a bag of cash, just to wipe with, sir. The interest rate on a loan matches the degree of risk involved. The lower the risk, the lower the interest being charged. When it comes to billionaires, there is almost no chance that they will default. For this reason, billionaires often get special loan deals from private banks. Loan rates of one to two per cent, fixed, are not uncommon. Billionaires can also take out the loan using collateral that doesn’t generate income anyway. For example, a private bank may offer a billionaire a Lombard loan on his collection of 20 Ferraris. This could be a loan of up to 80 per cent of the value of his Ferrari fleet (which should buy a house and at least one of the Pyramids.) Again, interest rates on these loans will be super low, since they are secured (backed by collateral.) Billionaires don’t mind that piddly interest, because it allows them to monetise assets that don’t generate revenue – the cars won’t make any money just sitting there. Reason #3: Not all assets are liquid This one is straightforward: it can be inconvenient or costly to liquidate certain assets. Most people keep less than 30 per cent of their assets in cash. If you were to calculate the value of all that furniture in your house, your insurance policies, your computer, etc. I’m sure it’d be way more than the amount you have in your bank account. If a billionaire wants a particularly pricey home, like a $25 million bungalow on Sentosa Cove, he may not have that lying around in cash (also, rich people often have wealth managers, who fall into convulsions when they hear about large amounts of cash lying around and being chewed up by inflation.) And when banks are practically begging rich people to take loans, there’s no need to go through the trouble of selling wine collections, paintings, or the last third world country they bought. Most Singaporeans are asset rich and cash poor by the way, because that’s what happens when you combine 50 years of built up wealth with the impulse control of an escaped zoo chimp. We’re terrible with financial literacy. What you should take away from all this Here’s the one thing you should learn from all this: it is not always a good idea to pay off the mortgage as soon as possible. A typical insurance policy pays out around five per cent per annum. Some Exchange Traded Funds (ETFs) can generate returns of seven per cent per year, annualised over 10 years. These all grow faster than the cost of a typical home loan (2.6 per cent for HDB loans, and around 1.9 per cent and rising for private bank loans) You should talk to a wealth manager to assess your financial situation; but in many cases, you could ultimately be losing more money by tying it up in your house instead of letting it grow. Now, hope you understand why billionaires take out home loans Apparently Which other forums do you use? Because that's a copy and paste job if I ever saw one and is most definitely not your creation . Quote Link to comment Share on other sites More sharing options...
marcopaulo Posted September 3, 2016 Report Share Posted September 3, 2016 Fuckin hell course it is...I understand fuck all about economics I thought the apparently made that clear haha Quote Link to comment Share on other sites More sharing options...
Matt Posted September 3, 2016 Report Share Posted September 3, 2016 I was going to say, "who's hacked Marcos account!" Quote Link to comment Share on other sites More sharing options...
duncanmckenzieismagic Posted September 3, 2016 Report Share Posted September 3, 2016 http://www.liverpoolecho.co.uk/sport/football/football-news/royal-blue-farhad-moshiris-sissoko-11836682 I still cant believe Moshiri came out with that bloocks Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 3, 2016 Report Share Posted September 3, 2016 http://www.liverpoolecho.co.uk/sport/football/football-news/royal-blue-farhad-moshiris-sissoko-11836682 I still cant believe Moshiri came out with that bloocks Neither can I. But what I find more interesting is the red Echo never going after Kenwright when he came out with tripe. Didn't take them long to sharpen their knives for Moshiri. I wonder why. Quote Link to comment Share on other sites More sharing options...
Hafnia Posted September 3, 2016 Report Share Posted September 3, 2016 (edited) Neither can I. But what I find more interesting is the red Echo never going after Kenwright when he came out with tripe. Didn't take them long to sharpen their knives for Moshiri. I wonder why. Because they dont like moshiri... he has the ability to do sonething big with us. Kopite newspaper. Edited September 3, 2016 by Hafnia Quote Link to comment Share on other sites More sharing options...
c1982 Posted September 18, 2016 Report Share Posted September 18, 2016 MikeO 1 Quote Link to comment Share on other sites More sharing options...
Louis Posted October 28, 2016 Report Share Posted October 28, 2016 http://www.evertonfc.com/news/2016/10/28/dr-keith-harris-appointed-to-everton-board I'm genuinely surprised at this. Quote Link to comment Share on other sites More sharing options...
Lowensda Posted October 28, 2016 Report Share Posted October 28, 2016 http://www.evertonfc.com/news/2016/10/28/dr-keith-harris-appointed-to-everton-board I'm genuinely surprised at this. Why? Quote Link to comment Share on other sites More sharing options...
Louis Posted October 28, 2016 Report Share Posted October 28, 2016 http://www.liverpoolecho.co.uk/sport/football/football-news/dave-prentice-keith-harris--3368120 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted October 28, 2016 Report Share Posted October 28, 2016 Kenwright still managing to slap his mates backs then. Quote Link to comment Share on other sites More sharing options...
Lowensda Posted October 28, 2016 Report Share Posted October 28, 2016 Kenwright still managing to slap his mates backs then. This is what I was alluding to Louis. It doesn't surprise me in the slightest. Quote Link to comment Share on other sites More sharing options...
Hafnia Posted October 28, 2016 Report Share Posted October 28, 2016 http://www.liverpoolecho.co.uk/sport/football/football-news/dave-prentice-keith-harris--3368120 Hilarious - "just about to sign an agreement Bill smelt a rat"......... not "Keith and Bill googled the blokes name on their smart phones and realised within 30 seconds that it was a hoax" embarrassing.... what on earth is going on? Quote Link to comment Share on other sites More sharing options...
Elston Gunnn Posted October 31, 2016 Report Share Posted October 31, 2016 Hope this is the right thread for this important news. https://www.theguardian.com/society/2016/oct/31/everton-to-pay-staff-living-wage Quote Link to comment Share on other sites More sharing options...
JoeQuince Posted November 7, 2016 Report Share Posted November 7, 2016 https://soundcloud.com/the-esk/moshiriwhite-71116 I really like Moshiri in this interview. Also, he's unexpectedly candid. Quote Link to comment Share on other sites More sharing options...
Hafnia Posted November 7, 2016 Report Share Posted November 7, 2016 http://www.football365.com/news/everton-owner-ruthless-koeman-does-what-he-wants Quote Link to comment Share on other sites More sharing options...
johnh Posted November 7, 2016 Report Share Posted November 7, 2016 http://www.evertonfc.com/news/2016/10/28/dr-keith-harris-appointed-to-everton-board I'm genuinely surprised at this. Look at his CV, he will only be with us for 18 months. Quote Link to comment Share on other sites More sharing options...
markjazzbassist Posted November 7, 2016 Report Share Posted November 7, 2016 http://www.football365.com/news/everton-owner-ruthless-koeman-does-what-he-wants Wow. In short "I don't fuck about and neither will koeman". Moshiri is saying the right things, let's hope this next window goes better. Quote Link to comment Share on other sites More sharing options...
Matt Posted November 7, 2016 Report Share Posted November 7, 2016 https://soundcloud.com/the-esk/moshiriwhite-71116 I really like Moshiri in this interview. Also, he's unexpectedly candid. got to say, he comes across incredibly well. Very impressive Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted November 7, 2016 Report Share Posted November 7, 2016 Makes a change from the hot air balloon, Kenwright. Quote Link to comment Share on other sites More sharing options...
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