Finance Expert Stefan Borson REVEALS Why Everton Are AT RISK Of Administration 😱 | talkSPORT 

You do know he hasn't worked for city for over 15 years

Thunderbird's parker 🤣🤣🤣🤣

😂😂😂

😂😂😂

he has, many times

You mean the lovechild of Martin o Neil and Mr Bean.

So true. It’s 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.

You need to punish financial insolvency to encourage more cautious behavior

Them the rules. They knew that.

​@@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 they’ll be insolvent through not following the rules designed to prevent it.

Not going anywhere my friend keep crying

@@Adamjames123The worse the stench, the harder it is to get rid off, so you're probably right

Stefano always speaks facts you just don't like the truth

Mate rich people are never affected by companies going out of business, just the hundreds of staff they employ. He’d skip away without a care other than “ah well, I’m sure I’ve got money laid around somewhere maybe down my sofa so no loss for me” 😂

whilst a takeover is happening, i don't think he can put more in

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

The Rangers Football Club Ltd. Registered in Scotland on 29 May 2012 number SC425159 as Sevco Scotland Ltd.

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.

​@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.

Before 2006.

You are only approved when Moshiri and 777 agree terms and seeks approval

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?

777 need their £200m 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.

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.

Nope. And no current funders

yes its all sorted

I hope the above answers clarify the situation 😅😅😅

@@rogerdavies2796 yep we can't see the enemy and were all shooting straight at them sir!

@@Kurgan618There’s £55 mill left to pay. It won’t be an issue when you think of the people involved.

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.

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.

He has talked about city a fair bit

Olly, no it’s 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 £100m 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 aren’t 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

Everton get clicks that’s why there always talking about us

What a fantastic comment.. he’s a guess guess man

barely competent or unwilling to engage in, I dunno, 115 illegal activities?

@@antonymorris1962hahahahaha there’s always one unintelligent soul spouting this. Stefan was pre the Abu Dhabi takeover😂 Don’t be so lazy

Then stop clicking on the vids.

Google is your friend.

A very position? It's a very terrible position, or could be in due course.

So the £600m debt is fantasy? The ground isn’t finished, the take over has stalled and Everton are borrowing £20m a month to keep going. Keep on laughing, cos everyone else finds it funny too.

Have you listened to any of his previous interviews? He called Everton having a reasonable chance on appeal and Forest having basically none. That’s exactly what happened

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?🤣

@@HumanBeingsRThinkingBeings the case was time barred they were found Guilty. Let's see them face 115 charges. Cheats

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