Tony’s Carp
Player Valuation: £40m
Probably the best option in town now for Moshiri is MSP taking up their option. He’s going to lose 100% of his shares for nothing the way things are going so losing 51% of them for nothing is better. Then he can at least check out the rest when things stabilise and the value increases. Moshiri / Bell / Downing / MSP are co-parties to the loan so they must have some ability to work together.This is what I was alluding to earlier, if they take up their option, they gain control of Everton, they could form, an interim, board even with other creditors and even restructure debt and ensure mid to long term funding. Administration works for no one. It means Moshiri looses effective control of Everton, but he still holds a stake.
When you mentioned Bell earlier being in touch with the club daily, my first thought was - his company Blyth enforce the security on the MSP loan and is the above already being negotiated behind the scenes. My only hesitation is the Stadium and if the club loose control of it.
If/when 777, falls through and lets be honest, the Titanic has less holes in it then their takeover pitch, then I don’t see what else Moshiri has open to him to keep us as a going concern, unless he funds us again or has an alternative investor ready to agree a deal.
@matty1878 as requested mate.
The role Bell is currently taking is a bit unclear, is he acting as security agent, creditor or just concerned Evertonian? Maybe he’s in working on the branding for the AJ Bell Arena.