According to the Mail on Sunday, Everton is currently effectively more than £1 billion in the red as a result of the club’s debt levels and financial obligations tied to the Bramley-Moore Dock Stadium.
According to the Mail’s sources, British bookmaker, gambler, and racehorse owner Michael Tabor owns Image & Media Rights, which is due around £200 million of that debt [8 October, p. 103].
Along with the debts owing to IMR, the club now owes Farhad Moshiri £490 million in shareholder loans, £140 million to MSP Sports Capital, and £20 million to 777 Partners. These obligations are in addition to the debts owed to IMR. They also have to make up a £200 million stadium budget gap.
