Overdraft - Recent posts

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Everton To Consider Selling £8m Star To Bitter Rivals Liverpool

Anfield Talk 30 August @ 07:06 AM EST Blog Details : Related Items
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Liverpool is plotting a shock bid for Everton star Seamus Coleman, after Toffees manager David Moyes refused to rule out player sales due to their financial position.
The Blues are currently unable to bring in new signings at Goodison Park as the Merseysiders have reached their overdraft limit and even if the club did sell some of their better players to raise funds then that cash would only go to paying off bank debts.

Everton Shouldn’t Panic – Yet

SoccerLens 26 August @ 02:50 AM EST Blog Details : Related Items
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Everton Shouldn't Panic Yet - originally posted on Soccerlens.com

We're told some Everton fans are desperate. In fact, we're told it's not just Everton fans, but their Chairman too. Bill Kenright admitted as much to a supporters group, to discuss their problems. Everton have exhausted their overdraft and the banks, probably sensibly, don't see any reason to extend it.

Bank Lays Law Down On Blackburn Transfers

English Premier league 17 July @ 07:21 PM EST Blog Details : Related Items
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Remember when the Venky's group bought Blackburn Rovers and said that they would provide the funds needed to turn Rovers into a Champions League side?

Venkys bought Rovers for around £25 million and agreed to take on the £18 million overdraft in the form of a mortgage.

The Mirror however is reporting that the bank are demanding that the £18 million overdraft amount be reduced, with the cash from the sale of Phil Jones to Manchester United.