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Farhad Moshiri

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

  • Pleased

    Votes: 107 7.7%
  • Disappointed

    Votes: 1,290 92.3%

  • Total voters
    1,397
Paying for shares is investing. He is 'investing' HIS money into Everton Football Club, to own a significant shareholding in the club, which then gives him the position of being able to affect things within the club. Just because HIS money went into Kenwright and Woods pockets and not directly into the club's coffers is completely irrelevant. Moshiri made a significant contribution by paying the necessary £89m asking price to obtain 49.9% of Everton. This is completely inarguable.

Secondly, he paid off the debts, of which we were being charged crippling interest on every year. We have had these long term debts for over 20+ years. He paid another £80m - of HIS own money - to clear these debts, that were debts attributed to something he owns 49.9% of. So he effectively now owes himself £80m. The loan is interest free. There is no timetable for repayment. He could very easily convert the loan into equity and expand his shareholding into the club that way. So again, he's made a significant financial contribution.

Running financial total spent by Moshiri thus far, based just on the two things above: £89m + £80m = £169m.

Now on to more of his spending....

Roberto Martinez threatened to take Everton to court after his dismisal, demanding £12m compensation for payment on the rest of his contract. He settled out of court with Everton, for £10m.

Add that to the money Moshiri shelled out. Plus pay offs for Martinez backroom staff.

Ronald Koeman came to Everton because we agreed to pay him £6m a year. This is double what Martinez salary was.

Since July 1st, 2016, we have spent £76.1m on signings, and have recouped £47.5m due to one player sale. Total net spend on players thus far is £28.6m.

Just for comparisons sake, during that same time period, LFC have spent £61.9m and recouped £77.8m. Which puts Moshiri's spending commitment into perspective, compared with FSG.

So all in all, thus far, in the space of less than one year, Moshiri has spent well over £200m bankrolling Everton Football Club.

And that's also including money spent doing up Goodison and also a lot of money paying the likes of Dan Meis for stadium design and all the associated costs with investigating the feasibility of Bramley Moore Dock.

It's absolutely embarrassing and shows supreme ignorance, not just to basic facts but also to Everton's financial history over the past 17-18 years - to even question Moshiri's financial backing of Everton Football Club at this point. He is totally transforming the club.

Great post, mate.
 
Sorry mate, that's utter nonsense. Everything I wrote was fact. No point even discussing this with you anymore. You're not even 'negatively spinning this', you're outright choosing not to believe/agree with bonafide facts and seem content in writing mistruths, seemingly to just get a response. I'm all for 'banter' and exchanging views, but I honestly can't take your posts seriously. It's like somebody arguing that black is white. It isn't, it's black. No amount of arguing/posting will change that black is black. I'm going to leave you in your own little world and use the ignore function from now on. For my own sanity as much as everyone else's.

Ok mate, I get it. Someone confronts you with a rebuttal to your view of Moshiri as someone selflessly ploughing huge amounts of cash into Everton, so you take your ball home.
 
Lol. Paying for shares is not investing.

He's loaned cash to pay off debt...which is the new long term debt.

We sold a player to pay for incoming players last summer.

We have promises of jam tomorrow on the stadium front.


Sick of hearing how better off we are under this feller. We might be in time, but now is not that time and no amount of spin can make it seem so.
When he buys the rest of the shares and writes off that loan into equity, then it is an investment.
 

When he buys the rest of the shares and writes off that loan into equity, then it is an investment.

He's spent over £200m of his own money on Everton Football Club in the space of less than a year. That's an investment.

If I'm on Dragon's Den as one of the Dragons, and I decide to pay some inventor £10000 for 49.9% of his invention, I've invested in that fella's idea. That's investment.
 
He's spent over £200m of his own money on Everton Football Club in the space of less than a year. That's an investment.

If I'm on Dragon's Den as one of the Dragons, and I decide to pay some inventor £10000 for 49.9% of his invention, I've invested in that fella's idea. That's investment.
I was only referring to the loan mate. No arguments about calling buying shares an investment here.
 

We're not in the same level of comfort as Citeh or Chelsea but we are certainly more comfortable than we were. Give the project a chance!
That sums it up well for me. We're clearly far better off thanks to the Usmosh investment and the improved performances show that the project's on course. We can reasonably expect european qualification within a couple of seasons and compared to the pre-Mosh Martinez days that feels miraculous.
What I haven't seen thus far is the City/Chelsea level of player investment that it would take to ultimately make us title contenders again. Some want to believe we're super rich and BK is so incompetent he can't spend it. An explanation more befitting of the evidence is we've had investment but at a level where we have to negotiate carefully and utilise the expertise of SW to maximise return.
 
People best tell Wall Street they got it wrong, buying shares is not investing
Don't act intentionally daft. Every football fan measures investment by a very different yardstick than someone merely picking up the shares of their club and declaring themselves owners. When did anyone ever think to describe Kenwright as a great investor in this club? Never. It never happened because he didn't follow that up with anything of substance for moving the football club forward, be that in terms of investing in infrastructure or the squad.

You know that, but be my guest and continue to demonstrate how on the ball you are over traditional definitions of investment in the wider world. I'm sure the gallery will give their approval.
 

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