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God knows there's plenty to criticise Kenwright about. But IF (and it's a big if) some of the stuff we're reading about this deal are true, and IF it plays out as well as we hope it could, it would be hard to argue that he's played an absolute blinder for the club over the last year or so.
This article is also fun.
http://www.mirror.co.uk/sport/footb...-farhad-moshiri-7461081#ICID=sharebar_twitter
New Everton shareholder Farhad Moshiri pledges £100m summer investment for transfers
One of the first priorities for the club in the summer will be keeping hold of the likes of John Stones and Ross Barkley before adding to the squad
- 22:30, 28 FEB 2016
- BY DAVID MADDOCK
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Mosh supplies the dosh: The Iranian businessman will invest a total of £200m into the club
Goodison Park's new major shareholder, the billionaire Farhad Moshiri, is ready to commit millions in the transfer market to make Everton great again.
The Iranian businessman, who has bases in the UK and Monaco, will complete a share purchase by Wednesday, which will see him become the biggest single stakeholder in the club. He will effectively assume control alongside chairman Bill Kenwright, who has retained a stake in the club and will continue in his role.
And Moshiri has pledged “major investment” to not only help build a stadium, but also significantly strengthen the squad, with up to £100million made available to buy – and importantly, keep – players in the summer.
Top of the hit list for the new board, which will see Kenwright continue the impressive work he has done in steering the club he loves, is to keep some of the biggest names such as John Stones, Ross Barkley, Seamus Coleman and Gerard Deulofeu.
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Bumper: The likes of Ross Barkley and John Stones are set to be offered massive new contracts
They will all be offered massive new contracts, and given a promise there will be a sustained investment in the squad designed to turn the Blues into genuine top four challengers.
While they are also keen to keep Romelu Lukaku, sources within the club suggest there is a sense of realism that he may force a move in the summer... and if that happens, Moshiri will commit a figure big enough to buy a world class replacement.
That investment could amount to £100m eventually, with the former Arsenal stakeholder keen to reinvest the £200m he made form the sale of his shares in the Gunners last week.
He has bought a 49.9 per cent stake in Everton, and the plan is to eventually complete a takeover at Goodison, with a loose agreement in place to look at him buying shares to take a controlling interest in a couple of years.
Moshiri has bought around 17,000 shares in Everton at around £5,000 a share, and with his agreement to pump money in, that will value the club at around £175m.
Alongside Kenwright though, the new stakeholder plans to develop the new ground quickly and pursue a top-four place, to increase that value significantly going forward.
Wouldn't get too excited by that one. Maddock is the only one quoting that figure, and he generally knows about as much as the fella who sleeps on the bench in the park down the road.
how could he do that when Kroenke doesn't want to let go ? Is it a similar situation as us with BK, who has now sold his shares ? Will Usmanov take over the arse ? Intriguing Esk ta for your insight into these situations xx
I'm not saying it blocks putting money into the company, my recollection is that the clauses prevent share issue and changes of ownership if they are similar to the other charges created by this structure. It may be that to do either would require the agreement of the trustees as a variation, I honestly don't know
Tony Barrett is a big Red isn't he?
