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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
Also mate what difference is there from Bill saying we want moutinho, Banega subject to work permit and Leroy fer medical too Mosh telling Jim white that we bid for Koulibaly.


We tried to buy Koulibaly and they wanted £60m. It’s monopoly money, it doesn’t mean anything. < That sounds like a clueless man who is another Media darling who is using Murdoch radio as a mouthpiece too spread fiction, how can we go from signing Koulibaly to Williams

Or Draxler to Valencia exactly backing up my point that Mosh settles for second best all window.
You're really funny
 
Hi mate, how is he in control if Bill is still chairman, Elstone and woods are on board with addition of Harris, Or are you saying this is his doing?

Another point who was accountable for the summer as the is a set of supporters who see everything bad as Bill and everything positive a Moshiris.

Also can you explain to me why he said he gives the chairman his wholehearted support and 'watch this space' to talk sport then proceeding to sign Valencia?

I am a little confused and your sweeping statement has no validity too suggest a man with 49% is in control but not responsible for failings is ludicrous, unless your narrative means he conveniently delegated the parts of the summer that went wrong/took too long to others and he is perfect.

Thanks.

80 Mil to someone with 1-2 Billion is still a lot of money, let's put it this way he can't give us that amount a year or we will be bankrupt eventually, I presume it is to pay off Peel and to finance the debt in a more manageable way.

Bottom line don't expect 80 million on transfers NET as our priority will be(and should be) is balancing the dead wood and removing excess wages off the books.

I can understand why Bill could be kept on and neutralised so he has no involvement but lingers around the club, this doesn't look to be the case anytime soon.


Rest of the statements you made I can understand where you are coming from but in my eyes nothing has changed and Bill and his boys look like they won't be leaving anytime soon.

Would be more than happy too be proven wrong mate.


May I ask, how do you know the mistake will not be repeated? granted it looks like Walsh maybe lining up deals for January, so far non have been completed so why does it take so long when other clubs seem to get things done at much faster rate, I am implying Bill is still behind transfers as Walsh himself has no experience with money and a crash course with Bill is setting up to fail.

And where did he say this? All I seen was his interview with Jim white when he sounded like a blubbering mess and changed his story over James Mccarthy being 'part of the family', he also said we bid for players and the clubs would not sell, that hardly strikes me of a good business man if he accepts yes as answer.

Also he made a good but underwhelming appointment in Koeman after being linked with likes of Favre, Emery, Jose it looks like we took the easiest option besides the obvious Unsworth/Moyes.


What I don't understand is if the money is there why can't we sign pre contract agreements with players as Leicester have no problem signing a player for 15m from Gent outside the window?

Also mate what difference is there from Bill saying we want moutinho, Banega subject to work permit and Leroy fer medical too Mosh telling Jim white that we bid for Koulibaly.


We tried to buy Koulibaly and they wanted £60m. It’s monopoly money, it doesn’t mean anything. < That sounds like a clueless man who is another Media darling who is using Murdoch radio as a mouthpiece too spread fiction, how can we go from signing Koulibaly to Williams

Or Draxler to Valencia exactly backing up my point that Mosh settles for second best all window.
Also mate what difference is there from Bill saying we want moutinho, Banega subject to work permit and Leroy fer medical too Mosh telling Jim white that we bid for Koulibaly.


We tried to buy Koulibaly and they wanted £60m. It’s monopoly money, it doesn’t mean anything. < That sounds like a clueless man who is another Media darling who is using Murdoch radio as a mouthpiece too spread fiction, how can we go from signing Koulibaly to Williams

Or Draxler to Valencia exactly backing up my point that Mosh settles for second best all window.
Kinnel...you're like Angel delight reincarnated!...Bore off you wankspangling pissflap!
 

Transferring the debt so that's it is owed to Moshiri without any interest payments is clearly a good thing for Everton, and something which I welcome very much. However I still have a few questions, which I do not know the answer to, and to which I am happy to be pointed in the right direction by someone who does.

Is it not orthodox business practice for debt to be paid off during a takeover process?

When debt is paid off through completing a takeover, is the money used to purchase the company considered to be part of the acquisition cost, and therefore not owed to the new owner?

Would Everton be financially better off if Moshiri had conducted orthodox business practice and paid the debt off through completing a takeover process which saw him purchase the club outright, rather than strategically choosing to keep his shareholding at 49.9 and then lending the club money?

Just wondering. I'm happy with Moshiri and things are looking positive at the moment.
 
Moshiri's loan of £80 million is the enabler that allows the club to move forward. Without the repayment of the secured loan, land purchase or agreement to purchase was just not feasible.

It says a number of things about Moshiri. He's committed to moving the club forwards, he's prepared to fund the necessary steps in our development, and make no mistake it says he's in control.

You don't own 50% of a company, have rights to another 23%, and lend on an unsecured basis unless you are very confident of what's going to happen and your ability to control it.

Knowing many months ago that this had happened is why I have maintained such confidence in our future under Moshiri - we have a great time ahead as Blues.

Bang on. Mr Moshiri has already had an immensely positive impact on our club.
 

Transferring the debt so that's it is owed to Moshiri without any interest payments is clearly a good thing for Everton, and something which I welcome very much. However I still have a few questions, which I do not know the answer to, and to which I am happy to be pointed in the right direction by someone who does.

Is it not orthodox business practice for debt to be paid off during a takeover process?

When debt is paid off through completing a takeover, is the money used to purchase the company considered to be part of the acquisition cost, and therefore not owed to the new owner?

Would Everton be financially better off if Moshiri had conducted orthodox business practice and paid the debt off through completing a takeover process which saw him purchase the club outright, rather than strategically choosing to keep his shareholding at 49.9 and then lending the club money?

Just wondering. I'm happy with Moshiri and things are looking positive at the moment.

The question I think you are asking is why the sequence of events, it's not very often a shareholder gives all other shareholders a free ride by lending money on the most generous of terms.

However as I explained yesterday the repayment of debt (particularly the secured debt) was the enabler for the land purchase, or agreement to purchase land, which then enables the building of the stadium etc etc. I believe the options agreements relate to progress on the new stadium - ie are triggered at a certain point in the process.

Therefore in order to obtain the remainder of the major shareholders' shares he had to pay off the secured loan at the very least. Given the club itself was not in a position to do so, then he (or more likely BHH in the IoM) have made that payment.
 

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