A good friend of mine was ceo of the U.K. end of an Australian firm that was in pole position to win the site for construction (an arena), ithe Aus parent went bust a few days before & he was told Everton were in no2 slot….& when they were told they’d now won it they said they didn’t have the finances.
To be fair he didn’t say they didn’t want to take the debt, but I never knew why they’d go for it without the £ in place.
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