Everton Bramley Moore Dock
Pranav Shahaney
Wed 2 April 2025 16:40, UK
Rights and Media Funding (RMF) were one of the lenders to Everton under the Farhad Moshiri era.
The company released their accounts for 2024 recently and Kieran Maguire noticed something strange with their finances.
They operate from a nameplate building in Altrincham.
Everton play their home games at Goodison Paqrk. (Credit: Imago)
Toffees repaid the loan owed to Rights and Media Funding
The Toffees have cleared a significant financial hurdle by fully repaying the debt to Rights and Media Funding (RMF).
This loan had long been a burden on the finances, casting doubts over their long-term stability.
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While this marks a positive step forward, Everton still grapple with other outstanding debts, notably to MSP and 777, which continue to fuel concerns.
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Everton head into the Merseyside Derby in good form
With the RMF debt now settled, the Blues find themselves in a stronger financial position, though their overall debt situation and future prospects remain topics of intense debate and uncertainty among fans and analysts alike.
Maguire, a finance expert, studied their accounts and then took to X to claim that they do not have a single employee and that they borrowed £293million from offshore only to provide £288million in loans.
He wrote: “Rights & Media Funding Ltd, one of the lenders to Everton under the Moshiri regime, publishes its accounts. Operates from a nameplate building in Altrincham. Has no employees. Lent £288million to EFC (now repaid) and others. Borrowed £293m (from offshore). Funded by £2 of shares.”
Everton in a better place after clearing the debt
Everton are certainly in a better place as they no longer have to deal with RMF.
They have entered a more stable chapter under the Friedkin era by severing ties with a lender whose questionable practices raised red flags.
RMF, operating from a nameplate building in Altrincham with no employees, borrowed £293 million from offshore sources to lend £288 million, including to Everton, while being funded by just £2 in shares, is certainly pretty shady.
This opaque structure, coupled with RMF’s history of securing loans with property rights and vetoing potential takeovers, paints a picture of a shadowy entity.
By repaying this debt, the Blues distanced itself from RMF’s dubious operations, which had burdened the finances and threatened the long-term stability.
Although other debts persist, the Blues are now in a stronger position, free from RMF’s influence, allowing the Friedkin Group to steer the club toward a more transparent and sustainable future.
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