I hope the new owners clear the unsustainable debt placed on the club

Posted by But_its_Everton·October 9, 2026 12:31pm

the interest payments must be an albatross around the neck of the club.

Responses

let's say debt is £350m - and say interest is 5% - =£17m is not a lot NT - StillFeelingBlue October 9, 2026 3:11pm
- The interest is more than 5%. I’m - But_its_Everton October 9, 2026 3:13pm
  - Pretty sure it’s at least 7% which is £25m a year - But_its_Everton October 9, 2026 3:15pm
    - I thought that the debt restructuring halved the monthly payments on that specific debt to 500k nt - Jon Gard October 9, 2026 3:26pm
      - Previously our debt interest was £60-70m a year - But_its_Everton October 9, 2026 3:29pm
    - And then add you actually have to repay the debt - But_its_Everton October 9, 2026 3:19pm
Haven't the new credit facilities halved the interest payments already? (I think) nt - Jon Gard October 9, 2026 12:36pm
- still paying a lot though - dpl October 9, 2026 1:30pm
- I think they have but still having to fund interest - But_its_Everton October 9, 2026 1:30pm
  - isn't it a 15 year loan? - dpl October 9, 2026 1:32pm
    - 25 years I think n/t - But_its_Everton October 9, 2026 1:39pm

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