I've stepped back a bit in the last few days, partially as I had other things to do and partially because I wanted to see how the discussion developed.
I find the idea that Moshiri sold £200 million worth of Arsenal shares just to buy £87.5 million of Everton shares (possibly £130 million approx with his options) and do nothing with them in a rising market of football valuations frankly ludicrous.
He looked at Everton for possibly as long as 18 months, and he has extensive due diligence capability. He would have recognised, as I did 12 months ago on national radio that the club was (i) woefully under-capitalised and (ii) had appalling management at Board and executive level. Therefore he would have known that the acquisition of 49.9% alone without any further investment would have been a poor investment decision particularly as it necessitated the sale of his Arsenal shares.
Undoubtedly the window did not go as planned, possibly down to unrealistic expectations of our pulling power but possibly down to poor execution of whatever strategy we had firstly by Ryazanstev (although he has to be credited with the Lukaku/Raiola situation), probably through lack of football experience rather than ability, and certainly later in the window when there was a tactical change the performance of the Chairman and CEO.
I've said before, Moshiri has made his fortune privately away from the public glare, and there is no way his first major foray into public life with an investment in Everton, would be allowed to end in damage to his reputation. There's no way just the purchase of 49.9% without further investment can become successful - our competitors are moving further ahead at a faster rate than we can manage. He (Moshiri) knows additional investment is required, if he didn't have the means to provide it he'd never have made the acquisition in the first place.