EVERTON FC insist they have not increased debt through new loan based on next season's Premier League TV income

EVERTON FC insist they have not increased their debt by taking out a new loan based on their Premier League television income for next season.

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Cheshire Live

16:20, 20 SEP 2011
Updated21:36, 23 JUL 2013

EVERTON FC insist they have not increased their debt by taking out a new loan based on their Premier League television income for next season.

Last month the Blues signed a loan agreement with British Virgin Islands based Vibrac Corporation for one year to the value of £14m, after repaying a similar deal for the same amount to previous lenders, banking firm Investec.

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