Farhad Moshiri

[ftk43]

I think Gueye has been a good signing. My point is you give people a hard time because they selectively point out the bad things whilst only pointing out the good. It cuts both ways.

I get your point, but i don't see the reason to dwell on the negatives. I made that post 'cause i'm personally satisfied with actions of our new owner so far.
And tbh i don't consider not spending money or selling players who don't wanna be here that much of a negative. But that's not the point.

 

[windymiller]

The feeling is mutual what with the utter wham you have been chatting throughout the entire window. So at least we have something to agree on eh?

I have tried, really I gave it a full 30 seconds, but I can't even agree with you on this. Soz.

 

[hoppy]

Have Everton borrowed more money again thought Moshiri was using his own money and what is our debt at now in total

 

[everton2004]

I have tried, really I gave it a full 30 seconds, but I can't even agree with you on this. Soz.

Didn't think you would.

 

[Bullet]

Do I think that we have repaid the Pru/AIB - hell no, because there is nothing to suggest we have. The charges still exist, Everton Investments Limited still exists and the option doesn't appear to gave been exercised.

The club are in need of some good PR so I'd imagine if long term debt had really been paid off we'd have heard about it by now. Jim White couldn't keep a secret like that for long.
Never believed it for a second and unfortunately I also don't believe we've purchased a site on the Docks yet. There's no evidence we have but none other than the mayor himself has confirmed we're making progress and that's encouraging.

 

[tim cahill]

Just wondering if Everton will have a load of profit on their books this year, with the new TV money? If so, will that be heavily taxed at the end of the financial year if we don't spend it in January?

@The Esk?

Anyone?

 

[Hangleton]

Is there any incentive for Moshiri to put money into the club before he purchases the rest of the shares? Is the price for the rest of these shared fixed?

 

[kanie46]

I am concerned that we appear to have renewed the facility with RMF, as you are assigning your rights to income to a third party which makes no sense to me if the facility is not to be used. There is nothing in the public domain to suggest that he has increased the debt, nor will there be until the accounts to 31 May are published.
However, the options not being taken up yet is possibly connected to the Pru/AIB loan still existing - I will say at this point that I'm not ITK. The point is that if a change of ownership triggers repayment, there's no great need to pay it off now.
Personally, I think the problem is peoples perception of what was going to happen.
Do I think we'll get sorted - hell yes.
Do I think that we have repaid the Pru/AIB - hell no, because there is nothing to suggest we have. The charges still exist, Everton Investments Limited still exists and the option doesn't appear to gave been exercised.
But what do I know..

Would'nt thr Pru/AIB loan only be repayable once Moshiri owns more than a 50% shareholding?

 

[ToffeeTim]

Just wondering if Everton will have a load of profit on their books this year, with the new TV money? If so, will that be heavily taxed at the end of the financial year if we don't spend it in January?

@The Esk?

Anyone?

That's very possible yes. Although there may well be lots of losses carried forward which can offset some of it. I'm not sure to be honest.

 

[bring the ghost on]

I am concerned that we appear to have renewed the facility with RMF, as you are assigning your rights to income to a third party which makes no sense to me if the facility is not to be used.

It has been suggested that all debts would be cleared, so its understandable that people are apprehensive to see the RMF facility renewed, but I don't find it surprising. Given that we're looking to finance a new stadium, is it realistic to expect no lending facilities in place? I would be amazed if the new stadium wasn't funded in part by debt.

Agree with you re the Prudential loan though, I think the whole idea of the option over the remaining shares is for Moshiri to decide himself when that loan should be repayable. As you say, there is no rush to pay it, so why would he have repaid early without exercising his option for the shares?

 

[bring the ghost on]

Would'nt thr Pru/AIB loan only be repayable once Moshiri owns more than a 50% shareholding?

That was hibbos point, Moshiri hasn't exercised his option yet, the loan hasn't become repayable and the charge hasn't been removed from Companies House.

 

[The Mighty Quint]

I'll be glad when there's a game on...

 

[daza_1973]

Bottom line is thanks to the last 20 plus years we are an ultra-sceptical lot. So until a tangible statement of intent is there for all to see we will remain that way indefinitely.

 

[Toffeemac08]

That Moshiri statement re Sissoko is still giving me nightmares

 

[davmaher]

Is there any incentive for Moshiri to put money into the club before he purchases the rest of the shares? Is the price for the rest of these shared fixed?

I've always assumed that the reason Moshiri bought only 49.9% of the share-holding was because that was all the previous share-holders would sell him. Kenwright had always said he would only sell to people who would invest in the club and it would make sense that the purchase of further shares is based on fulfilling certain criteria - most importantly showing that you have the real intention of investing in the club. This could be player recruitment, clearing of debt or significant progress on the stadium issue. Until any of these are achieved I can't see him being allowed to increase his share-holding. I can't believe that Moshiri has no intention of not investing and I believe we were willing to invest during the transfer window but were just incompetent at it. The aftermath hasn't exactly been brilliant either.