Next Gen News

. Premier League two seasons income "sold"

. It is impossible to determine who is behind Vibrac Company

Good start

Everton this season can you wonder why everybody. After the events at Goodison Park, under the direction of the club operated at less than its chairman, Bill Kenwright, the Toffees have collected more points per game than anyone outside the four Premier League.

however, address the issues of tone are actually much less rosy: Digger can reveal that Everton were sold at the center of circulation revenue not only for Premier League this season but for the 2012-13 campaign and

As Kenwright admitted in private, before Everton lenders, Barclays Bank and Investec, are not prepared to extend their lines of credit to your club. But this did not prevent access to credit Everton.

last month, a mortgage was signed with Vibrac Corporation, a company incorporated in British Virgin Islands. As such, it is impossible to determine who is the lender and if you have links in football -. Although it is interesting to note that, in common with all central allocations, which was approved by the Premier League

The loan is a one-year service for £ 14 million, replacing a mortgage loan agreement with Investec 12 months earlier, in which the central funds of that season were signed at the bank.

that Investec loan was a deviation from the terms of the agreement in 2009 with Barclays, which only funds in the same season in the Premier League has been taken against helping cash flow.

selling season of future results "is inherently more risky for the lender and the mortgagor. There can be no assurance that Everton will always be in the Premier League next season and although there was no disclosure of terms of interest rate risk is a normal price performance of the creditor shall pay so that the rate higher.

Everton is indifferent as to the offer, insisting that even if the worst happens, you can cover the payments parachute bumper of the Premier League. But this is intended as a cushion down to cover cash flow difficulties.

Argyle In the process of administration heavily criticized, there have been complaints that fans have been frozen out of the process of bidding for the club. But if the fans have made a successful application to the list of properties of a football club - their soil and the training center - the owners (or principal secured creditors) should take into account six weeks for a party led by the supply of assets ". / Aa>
This may raise complex issues about how the "standstill period" will affect the funding of administrative costs, but the fundamental principle that the fans take ownership of the club, which conditions warrant and are not too expensive, is certainly welcome.

Find best price for : --John----Marshall----Plymouth----Bank----Barclays----Kenwright----Everton----Vibrac----League----Premier--