Keen Blade
Look Sharp !
The owner will not demand repayment on relegation - why should he want to put his own club into admin + spoil their immediate return to PL ?Everton will need to pay £150m loan if they get relegated
If Everton fall out of England's top division, administration could loom as well as a punishment if they are found to have breached the Premier League's Profitability and Sustainability Rules.www.dailymail.co.uk
Same article reveals that PL have already missed an opportunity to proceed against them for breach of P&S rules re excessive losses - I wonder whose palm was greased to avoid that slam-dunk points deduction - they are one of the most "protected inner-circle" clubs , it's all corrupt and I hate the toffee bastards but there's no way the PL will ever allow them to fail.
1994 proved that , to our cost.