Finance Expert reacts to RMF loan at Everton
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton...
Dan Plumley has insisted that any new investors will want to know more about the finances of Everton with a £150million loan still hanging over the club.
The Guardian reported on May 6 that the Toffees owe that huge figure to Rights Media and Funding Limited, an opaque lender with no real background.
With MSP Sport Capital and 777 Partners stepping up their bids to take over the club, Plumley admitted they will both want more information on what that could mean.
“From the outside looking in, we don’t know as we cannot see that information,” he exclusively told Goodison News.
“We can see the money there, we can see the company that it is linked to, but I think again, it is the unknowns from the outside looking in, but if you are dealing with investors and people who are looking to buy a stake in the club or take over the club, they would be doing their due diligence about everything around that club.
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“If it is in there and it needs to be accounted for, the investors will no doubt be looking at that or wanting that information.
“We won’t see that information as it is private in the takeover discussions.”
With Moshiri potentially selling up and leaving once this season has ended, he will probably move on with more questions left behind than answers.
This £150million is a dark cloud hanging over the club whether in the Premier League or Championship and hopefully whoever takes over can make that a thing of the past.
All eyes will be looking at Everton as this plays out over the coming weeks and months.