Finance Expert Stefan Borson REVEALS Why Everton Are AT RISK Of Administration đ± | talkSPORT
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- Äas pĆidĂĄn 13. 05. 2024
- Football finance expert Stefan Borson explains why Everton could be at risk of administration.
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#everton - Sport
Why would it be legal for an insolvent company to buy another company? That shouldn't be the case in any industry.
âFinancial expertâ from Citeh saying âhe could have just abided by the rulesâ is hilarious.
You do know he hasn't worked for city for over 15 years
The premier league is killing football.
The FA needs to get the stench of Manchester City out of the Premiership.
Not going anywhere my friend keep crying
@@Adamjames123The worse the stench, the harder it is to get rid off, so you're probably right
Anyone else fed up of the financial version of thunderbird's Parker talking about everton. Why doesn't he dissect his own club's financial misdemeanours instead....
Thunderbird's parker đ€Łđ€Łđ€Łđ€Ł
đđđ
đđđ
he has, many times
You mean the lovechild of Martin o Neil and Mr Bean.
The expert who didn't see Chelsea selling off their hotels and training grounds to themselves to beat ffp by June!
So true. Itâs almost as if the people running these clubs have a bit more going on upstairs than these two bob radio pundits and the FA. Men and boys.
Living in America and originally from Liverpool, I just donât understand that if a club goes into administration/bankruptcy that a point deduction of nine points is delivered, which seems ridiculous and is not a help but a burden to the club.
You need to punish financial insolvency to encourage more cautious behavior
Them the rules. They knew that.
â@@danielgarepis-holland3214 would make sense if that was the only way go into administration.
It's to stop teams from running up debts, then going into administration to remove the debts, then going again. The points deduction at least gives them a competitive penalty to make it fairer to all
Because theyâll be insolvent through not following the rules designed to prevent it.
Everyone's guilty except city for this guy
Stefano always speaks facts you just don't like the truth
Currently the owner of everton is moshiri,now surley he wouldnt let everton go in to administration,because he will lose big time financially,but it would also put a black mark against his name,which would prob do more damage to him than losing everton,so i cant see it happening meself.
Mate rich people are never affected by companies going out of business, just the hundreds of staff they employ. Heâd skip away without a care other than âah well, Iâm sure Iâve got money laid around somewhere maybe down my sofa so no loss for meâ đ
whilst a takeover is happening, i don't think he can put more in
Rangers went into administration then liquidation. A new company (Sevco) was set up, bought some assets from the liquidators and changed the Sevco company name to Rangers International Club ltd. New company, new club. Get it right.
The Rangers Football Club Ltd. Registered in Scotland on 29 May 2012 number SC425159 as Sevco Scotland Ltd.
Oh Simon, I usually agree but he's not saying it's unfair because they took the decision around Brennan Johnson, he's saying it because it's true as you and Stefan have just agreed to that effect.
Mr borson presenting a lot his opinions and guesses as facts
Simon Jordan is earning a living doing just that.
Probably unlike you Mr Borson is looking at, reading and understanding the published accounts of football clubs then basing his comments on those facts. As a Financial solicitor he is then using his knowledge of law to explain what options are available to a club when they find themselves in difficulty.
They need us more than we need them.dont go near them đźđ
Are any clubs ever really at risk of administration? I still donât understand how Derby stayed afloat, was it ever explained?
Yes Luton went into administration (twice) , Leeds went into administration as did Leicester, Southampton and many, many others. When you go into administration that doesn't necessarily mean the club goes out of business. It just means that others can buy the club from the administrator so the club can continue. Derby stayed didn't stay afloat they were simply bought from the administrator by different people.
@@stephenhodgson3506 Thanks for the response. I probably could have worded it better. I meant is there any real risk whilst in administration. We tend to hear doom and gloom, especially with Derby it seemed to be going on forever with extensions after extension with no hope of rescue and then it just seemed forgotten about after they were relegated (which you would expect to cause even more problems, but they gained relegation immediately)
@@jimfalcon3312 yes because by law the administrator has to get the best deal for the assets you have, so players are sold for less than their market value. You are also subject to a transfer embargo so you can't sign or register players. So you finish up possibly relegated and all your best players gone making it even harder to recover so yes there are real risks.
Then of course there is the ultimate risk that you slip into bankruptcy and you cease to exist like Bury. Then you lose your place in the EFL even if the club comes back into existence.
â@jimfalcon3312 now Derby have a local owner who loves the club and he's a hero to every fan of the club for saving us. I don't think points deductions for going into administration works or helps. Points for flagrantly breaking the rules is definitely a necessary punishment. In administration, only the fans, players and staff suffer
@@tomburgess1984 When a club goes into administration the first people who get paid, assuming there is enough money, are the players and staff first then any outstanding transfer obligations. In many cases not all of those transfer obligations can be met. So the clubs that sold the player(s) are out of pocket through no fault of their own. Why then should the offending club be given an equal playing field? the least that should happen to them is they are given a disadvantage in the competition. Otherwise they are been given an advantage for their incompetence.
I should point out that I support a team (Leeds) that did go into administration, received a points deduction and then an additional deduction for a new rule that was brought in but back dated.
âYouâre only approved, when youâre approvedâ
Finance expert Stefan Borson đ€Šđœââïž
You are only approved when Moshiri and 777 agree terms and seeks approval
Masters needs to be sacked asap .
âSometimes youâve just got to sell a player.â
This only ever applies to the *smaller clubs* though. You never see it suggested that Arsenal need to sell Saka or United need to sell Garnacho. Itâs just the Have Nots who are compelled to sell to the Haves.
So, you're admitting that Everton are a smaller club, then. A smaller club owned by Moshiri, supposedly a billionaire, but in reality, a skint puppet of a member of the Russian Mafia. The so-called People's Club, being touted by Russian Mafia to American fraudsters.
How is there no equity? Goodison site must be worth a lot of money and several players are worth big money in the transfer market
There isnât but its a more real possibility than it ever has been so its worth talking about.
Is the stadium fully funded yet? haven't heard anything to say it is yet
Nope. And no current funders
yes its all sorted
I hope the above answers clarify the situation đ đ đ
@@rogerdavies2796 yep we can't see the enemy and were all shooting straight at them sir!
@@Kurgan618Thereâs ÂŁ55 mill left to pay. It wonât be an issue when you think of the people involved.
City will only be dealt with when the punishment changes to a money only disciplinary.
Cant help but feel Ipswich will be "plucky" media darlings, but will get screwed for being in league 1 with PSR and wont be able to compete, Forest are at least fighting for fairness, but just gets turned on them for "well you know what you were doing" bore off and push for change.
Are they really fighting for fairness? If other clubs who stuck to the rules had gone out and bought players they couldn't have afforded, like Forest, that then gave them better squads the it is possible Forest would have got fewer points and got relegated. Is it really fighting for fairness when you expect others to abide by the rules but you yourself ignore them?
@@stephenhodgson3506 They were not doing it as some benevolent act it was totally self serving, but the result is it raises awareness of the inequality and should lead to a fairer system that would benefit teams like Ipswich. However the media continue to focus on the "Forest are naughty boys" angle, they are the only ones talking about it now, they are not focusing on the problem.
@@oldred1959 There has always been inequality in football and always will be some clubs simply cannot generate the revenue to compete consistently at the highest level. They may have an occasional high water mark but the revenue is simply not there for them.
You mention Ipswich but based on the rumours the only players they are currently looking at are forwards where they don't appear to have a problem. But they have been shipping goals in the Championship just what will Premier League forwards do to them. They have a ground that holds under 30,000 even if they expanded that just where is the catchment area?
No news that I'm aware.......yeah,right!!!
Liverpool Echo says there's no imminent threat of administration.
Well if the merseyside comic says so it must be true.
I'd take the random scribblings on the inside of a phonebox more serious than the echo.
Didn't this guy work for Man City?
Before 2006.
This guy...idk if i believe anythin he says
Of course they bring back the clown of football finances.
Only clown is you
And ofcourse you click on it. Giving them views and ad revenue.
Keep on clicking they'll keep putting him on.
You just don't like the truth
For Everton to go into administration one of the debtors would have to recall in the debt, which they won't do cause if Everton do go to in administration the chances of getting that money back are slim to none đ
777 need their ÂŁ200m back, as they too are in financial trouble.
Let's just hope that Everton have been paying their tax liabilities and that HMRC are not one of those creditors because they wouldn't think twice about having them put into administration.
Not how it works. The administrators job will be trying to get the money for the creditors by selling off the clubs assets.
@@lilbaz8073 Yeah but how would Everton be put into administration in the first place?
@@RobertJones-ku4fg you go to a judge with an administration order and say the company doesn't have enough money to fulfill it's obligations (paying debt, paying staff etc...).
The judge then decides.
If they do go into administration many of their loans are secured though against assets such as the new stadium and training ground. Everton will lose them to the people they owe money to.
Everton only survives if farhad walks away making a loss
Simon is wrong. They held on to the better price⊠a price that isnât there due to theyâve have to meet psr for the big boys
Leave this team please đ I don't like them when they play in the PL but, they have already had it enough. Leave them and visit Chelsea and city
Always banging on about Everton this nerd.
Drunken sailers đđđđ
Itâs not about money = success. Football has changed.
Money + data analytics = success.
These âfinance expertsâ arguing that players should be sold below market value and spending less to likely get relegated and return to championship revenues
stop getting this little drip on
Simon Jordan will sort it out! Need level heads now! City? Charges? Its all or nothing! End of!
Villa..even though he knows, he turns a blind eye to it.đr
Send us the Financials, it's the only way we will know what the future looks like!
Google is your friend.
Rangers didnât sort themselves out they were liquidated
Hopefully won't be long
This Borson guy thinks he knows what is happening with Everton's finance and point deductions, he only chats about us and not his own club City, who has 115 charges and gets away with everything, we know why Everton are in a mess because of the costs of the new Stadium then the Unmisnov money he was funding us stopped. đ
He has talked about city a fair bit
All of administration talk is so wide off the mark and is a long way off from being true
Olly, no itâs not my friend. The esk has written some pieces on it and it is very close. At the point of Everton not having any capital for operations, that is the tipping point. Ie wages and overheads. 777 have given us the money to run for the remainder of the season. After that? We still need ÂŁ100m for the stadium, too which is ring fenced in another company. To be fair but msp have a security in that loan, which is the club. But the clubs assets like playing staff will be the first to go. Add Pickford, DCL, doucoure, tarkowski etc never mind just onana and branthwaite. We will plummet down divisions and probably liquidate shortly after due to the fall in revenue. The annoying thing for me is that the press arenât making a big enough deal about Moshiri and him holding the club ransom. Allow other bidders, end the exclusivity with 777.
Sees that you've used the Esk as a source for your doomsday prophecy.
Puts opinion in the Bin along with that cretin Borson
UTFT
Bilbo Gandalf is looking for you jog on.
The toffees seem to be in a very position with this crowd.....
A very position? It's a very terrible position, or could be in due course.
Cahillâs rumored to have a group ready to buy over the summer
Has steffan apologised to Everton yet regarding his comments on the usm/finch farm deal. He was either grossly negligent or wilfully misleading when commenting on X and implying that the club had nefariously claimed a ÂŁ20m sponsorship for the training ground only. Either reasoning for his comments must call into question his credibility as a âfinancial expertâ when the inaccurate nature of his comments was pointed out he first produced a screen shot that disproved his assertions and then blocked me like a spineless child. I assume he still hasnât issued the apology to the club because heâs too cowardly to face up to his mistakes/lies.
For god's sake, Moshiri, do SOMETHING right and find new buyers. We have the best stadium in the north of England that is multi-faceted for income apart from football, and it is almost ready to go.
When is the going bust countdown going to start? like it did for Bolton and Bury
Dr DOOM
This guy hasnât been right yet đ
Cant believe a rich oil tycoon hasn't come along
This guy gets kicked out of city for being barely competent and talksport use him as a so called expert. His opinion is a waste of oxygen.
barely competent or unwilling to engage in, I dunno, 115 illegal activities?
@@antonymorris1962hahahahaha thereâs always one unintelligent soul spouting this.
Stefan was pre the Abu Dhabi takeoverđ
Donât be so lazy
Then stop clicking on the vids.
B b b b but what about Man City?!?!?! đ€Łđ€Łđ€Łđ€Łđ€Łđ€Ł
So many tears in the comments itâs great
Administration đAbsolute rubbish 9 times league champions new world đ class stadium premier league club and no oneâs interested đđ
So the ÂŁ600m debt is fantasy? The ground isnât finished, the take over has stalled and Everton are borrowing ÂŁ20m a month to keep going. Keep on laughing, cos everyone else finds it funny too.
How do you go from being a mid table team to the top of the table? 115 charges is how! wake up Man City you are a club that has cheated to get where you are!
10:20 the same on the idiots face
anyone still awake??
Has this guy ever been proven right?
First
This guy is wheeled out every time to talk about football finance like he knows the intricate details of Evertonâs takeover. He is literally guessing and making it up as he goes along.
Everton get clicks thatâs why there always talking about us
What a fantastic comment.. heâs a guess guess man
How do you get to be a financial expert anyway?You could easily describe a housewife trying to balance a weekly budget with only peanuts to play with as being a REAL financial expert??
Sir Jordanite = Top LAD Proper Clobber â
This clown says everyone is at risk
Everton is an embarrassment to the Premier League
There wonât be administration. Borson is an absolute blagger.
Why is this guy getting attention? Has anything he said come through as true? Scaremongering and is employed to make headlines
Have you listened to any of his previous interviews? He called Everton having a reasonable chance on appeal and Forest having basically none. Thatâs exactly what happened
I hope Everton go under, + Man City, plus Chelsea + all of the other clubs who are financially incompetent [and to all intents and purposes insolvent]. I don't have anything against any of these clubs, but one of more of them going under might just be the jolt that scares the other incompetents back to reality and puts football on a firmer financial footing. And the same applies to Europe as well.
Vultures are circling
Again Stefan is a man city employee
This Borson fella is a clown, he doesn't understand basics and is so wrapped up in Manchester City it's not even funny.
I wish Talk Sport would just get rid of him, I am sure Simon would prefer a better challenge than this.
Heâs a sensationalist wouldnât take any notice
No admin, let them rot at the foot of the table competing against the 3 promoted clubs every year.... pathetic, cheating, club
Stop talking ballox
He talks some sh1t.
Bore off
Please if there is a god out there, please please not let us have to be subjected to this spanner anymore. Enough with the financial doom bullshit hes wrong like every time.
This bloke knows absolutely nothing.
Does Stefan Borson ever say anything? Just words words words that mean nothing!
Again anti Forest well time has told and the Forest modle works
I'd be worried if this utter bore actually got anything right.
Well I hope Everton arenât in any bother, I want to see them thrive and be up there where they belong, proper peopleâs club, deserve better. Man U Salford
Another no mark trying to stay relevant
This bloke talks absolute nonsense⊠self proclaimed finance expert
I don't understand the controversy. All clubs agreed to the rules, 90% of them complied (some to a great cost e.g. Wolves), and 10% chose to fail to comply with them. Breaches have to be punished, it happens in all sectors of industry.
- Everton admit to FFP Cheating
- LiVARpool caught Hacking
- City found Not Guilty in Court
- City are called Cheats,not others?đ€Ł
Snuck in hacking like it's even a slight issue. Lmao.
Also are you dumb? They wernt found not guilty. They were found guilty but it was time barred.
Let's see if they can battle through 115 separate charges and come out innocent dueing a time in which other clubs bigger clubs are getting points deductions.
Man City accepted that they had breached UEFA's FFP rules in 2014. Not saying that makes them cheats, but you're calling Everton cheats for the same thing.
City cheated and they know it hence why they're doing everything to delay the inevitable punishment
- Clubs with USA Owners
- Conspired Super League
- City Owners collapsed S.League
- City are called Cheats,not others?đ€Ł
@@HumanBeingsRThinkingBeings the case was time barred they were found Guilty.
Let's see them face 115 charges. Cheats
Get in. Hopefully they can finally get relegated.
Cope
So which relegated club do you support?
You need to grow up you fool
Pathetic lad....get a life...tourist
Don't hold your breath, there's a good lad