777 Partners / Whatever the hell you like

[Exeter_Gently]

Palace 45% owner wants us, this will not happen for the these reasons...

1) He can not sell his Palace shares, and by time he does sell them and buy in to us it could be the winter transfer window or even later.

2) He isn`t wealthy enough make a real go of it at Everton, worth 1.5bn, depending on which publication you believe, which is less than half of what Moshiri is worth, he paid £86m for 40% of Palace and then £30m for another 5% which would value the club at £258m. They are now trying to sell the club for £610m, so his return on his £116m would be £275m, no wonder he can`t sell it. If Palace is worth £610m what would we consider Everton to be worth with all the real estate and a brand new stadium close to completion? Even if he sells his Palace shares he needs double or triple that to clear the debts, keeping the debt makes no business sense at all. He would need to use 2/3rds of everything he owns....

He isn`t getting out of Palace anytime soon unless he drops his asking price, does this sound familiar?

3) Do we want another interfering owner, absolutely not! The best run clubs do not allow owners to make decisions on their whims.

You've assumed he's not wealthy enough you also assume he wouldn't have any partners in this venture? Even though he stated in The Athletic he's spoken other investors aswell as investments group in regards to a takeover.

While I agree he won't be taking over it won't be for any of reasons above.

 

[Yarrgh]

Apparently they where all having a naked subuteo tournament.

Either that or talking about the sale of the club.

Like they couldn't do both.

 

[Exeter_Gently]

Like they couldn't do both.

Moshiri can only do one thing at a time.

 

[ForeverEverton]

Can I ask where you have got any of this information from?

There is no way he is selling his shares to buy us by time this window closes, any new majority owners tipping up at Palace will be required to undergo the PL OADT, that is 3 months/12 weeks minimum, so anyone agreeing a deal in the next few weeks will automatically take us to September/October before he can even start to bid on Everton.

A bid isn`t arriving to do the deal by December/January, vault me if you like, Textor will still be involved at palace come January UNLESS he reduces his asking price by half, which no business man would do, he just isn`t wealthy enough to buy us straight out on his own.

There is rumours that we would bring other Palace investors too, that just adds to the delay...

Textor will not be involved with Everton. He himself has said the club will be sold before he can get out of Palace, fans are just jumping on the one persons comments to have made it in to the public domain, probably to advertise selling his Palace shares, and taking it as a nailed on he is coming, as a fanbase we do really cling to these and come up with mental tin foil hat scenarios....

 

[Yarrgh]

Moshiri can only do one thing at a time.

To be fair, the next post I read after posting the reply says different. It's a skill to maintain your coke snorting ability whilst getting pegged. So I heard.

 

[MikeH72]

There is no way he is selling his shares to buy us by time this window closes, any new majority owners tipping up at Palace will be required to undergo the PL OADT, that is 3 months/12 weeks, so anyone agreeing a deal in the next few weeks will automatically take us to September/October before he can even start to bid on Everton.

A bid isn`t arriving to do the deal by December/January, vault me if you like, Textor will still be involved at palace come January UNLESS he reduces his asking price by half, which no business man would do, he just isn`t wealthy enough to buy us straight out on his own.

There is rumours that we would bring other Palace investors too, that just adds to the delay...

Textor will not be involved with Everton. He himself has said the club will be sold before he can get out of Palace, fans are just jumping on the one persons comments to have made it in to the public domain, probably to advertise selling his Palace shares, and taking it as a nailed on he is coming, as a fanbase we do really cling to these and come up with mental tin foil hat scenarios....

The fit and proper test doesn’t take 3 months if you’re not absolute blaggers.

 

[ForeverEverton]

The fit and proper test doesn’t take 3 months if you’re not absolute blaggers.

No and could take 6 months if they are!!!



Textor has literally said the club will be sold by time he could be in a position to do anything, not sure why so many people on here are still banging on about him, I`m not ITK and from what I`ve seen on these boards not one ITK lurks on these boards.

Really got to take these comments at face value, Thomas Frank is always very complimentary about the club, doesn`t mean he is on his way in to replace Dyche.

 

[Yarrgh]

He says he wants out as they are not perfect for a multi club model.

But are we more fitted? Genuine question as I dont know much about the model itself.

I reckon we're perfectly set up to feed into a Belgian or Greek team challenging for Europe. Use Everton and PL money to inflate a non-English team and sell them on and repeat in another league.

 

[edge]

The fit and proper test doesn’t take 3 months if you’re not absolute blaggers.

Surely he has already passed that to be involved at Palace.?

 

[ForeverEverton]

Surely he has already passed that to be involved at Palace.?

Anyone coming in to Palace to buy his majority shareholding will need to pass it before the purchase is completed...

OADT 8-12 weeks... if he can sell tomorrow and everything goes through fine he can buy from Moshiri in August/September time at a minimum.

 

[Simon Buttle]

There is no way he is selling his shares to buy us by time this window closes, any new majority owners tipping up at Palace will be required to undergo the PL OADT, that is 3 months/12 weeks minimum, so anyone agreeing a deal in the next few weeks will automatically take us to September/October before he can even start to bid on Everton.

A bid isn`t arriving to do the deal by December/January, vault me if you like, Textor will still be involved at palace come January UNLESS he reduces his asking price by half, which no business man would do, he just isn`t wealthy enough to buy us straight out on his own.

There is rumours that we would bring other Palace investors too, that just adds to the delay...

Textor will not be involved with Everton. He himself has said the club will be sold before he can get out of Palace, fans are just jumping on the one persons comments to have made it in to the public domain, probably to advertise selling his Palace shares, and taking it as a nailed on he is coming, as a fanbase we do really cling to these and come up with mental tin foil hat scenarios....

There are different views on how much he is worth, seems to vary between £1.5bn up to £4bn depending on where you look. He did also say he was speaking to others about investment. You need to also remember when looking at Moshiri that a big part of his wealth is us, Farhad is really not that wealthy in the grand scheme of things, it his mate that is the money guy. I think Textor is probably looking a bit further down the line with this, if Bell and Downing and whoever else steady the ship for a year until the stadium is done and he can get clear of Palace then he would come in then.

 

[Bedfordblue]

Palace chairman wants us

Or it’s his power play because he hasn’t got much say at Palace over Parrish despite his 45% shareholding.

I doubt he’s seriously interested tbh. That said, seeing him kick off at the Botofogo game (he owns them too) he looks like a good fit for our fan base.

 

[MikeH72]

Surely he has already passed that to be involved at Palace.?

Talking about prospective new Palace owners.

 

[edge]

Anyone coming in to Palace to buy his majority shareholding will need to pass it before the purchase is completed and he is free to make any sort of offer with Everton...

OADT 8-12 weeks... if he can sell tomorrow and everything goes through fine he can buy from Moshiri in August/September time at a minimum.

Well he must have some exit strategy or he wouldn't be wasting his time going to Spain to meet Moshiri and co.
Maybe the others at Palace are taking up his share?
They have passed the Premier league tests.
Don't know what's going on but if he did come would expect him to be part of a group.
Maybe the meeting was to see if he could fit into a group looking to buy us.
I have got a feeling we will still have Moshiri having some shares at the end of all this.

 

[smileychap]

Please drop 777. It's obvious they're worse than Mosh.

Why is no-one else coming forward though?