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Farhad Moshiri

7+ Years On... Your Verdict On Farhad Moshiri

  • Pleased

    Votes: 111 7.9%
  • Disappointed

    Votes: 1,295 92.1%

  • Total voters
    1,406
It's a fairly common business activity to have share options, but it does strike me as unusual in football, as football is not your typical business.

I do have reservations as if he has placed stipulations in place, then he isn't 100% in going through with the purchase. There must be something behind the scenes which he has doubts on, or there's a circumstance in which he has no interest in investing.

Who knows, time will tell. In the meantime get your cheque book out Mosh lad.
 
I started this conversation by saying it was a private agreement relating to shares in a private company. This is perfectly normal in private companies.

A private agreement that focuses on the ownership of Everton Football Club. A private agreement that is clearly needed because Moshiri does not want to buy the club in it's current state. If he did want to buy the club in its current state then he could do so with ease, but he is simply not choosing to do so. The purchase of the club is clearly dependent on the contents of the secret agreement, and the possibility of him not buying the club remains.
 
he isn't 100% in going through with the purchase... Who knows, time will tell. In the meantime get your cheque book out Mosh lad.
Moshiri doesn't own most of the shares and the agreement in place means he may never do so if certain unknown criteria aren't met.
This begs an obvious question which I've never seen addressed by people like @The Esk. Exactly why would Moshiri make a large investment in the club when this investment would serve to increase the value of shares most of which he may never own?
 

The question with regard to this confidential agreement though is - who is "holding the cards"? Is Moshiri holding off from buying out the remaining shares until certain criteria is met (actions to be completed by Kenwright and co) - or is it the other major shareholders delaying the sale of shares to Moshiri until they see criteria met (such as debts paid, progress on new stadium etc)?
 
Moshiri doesn't own most of the shares and the agreement in place means he may never do so if certain unknown criteria aren't met.
This begs an obvious question which I've never seen addressed by people like @The Esk. Exactly why would Moshiri make a large investment in the club when this investment would serve to increase the value of shares most of which he may never own?

It's quite simple - he knows the value of his acquisition by the option agreement and he'll have the ability to issue more shares underwitten by BHH which most small shareholders will almost certainly not take up their rights.
 

It's quite simple - he knows the value of his acquisition by the option agreement and he'll have the ability to issue more shares underwitten by BHH which most small shareholders will almost certainly not take up their rights.
Thanks. Forgive my ignorance in this area but my limited understanding is that you're saying he could inject substantial capital through a share issue.
I believe, from several of your posts, that you have stated he's already injected a very large sum. So are you saying there's already been a share issue and if so shouldn't that show up at companies house?
 

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