Farhad Moshiri

[davek]

Firstly, those days will never return, but to play along with this daft idea, if they did, every team in the league that operated on a commercial basis would go pop.

No they wouldn't. The game would be concentrated into those with access to a major European league that elite English cubs would turn to in order to continue their growth.

 

[KevMirallas]

Honestly, there is no point to this forum anymore. Every thread, the exact same.

 

[Baldynut]

• Invested £80M to clear the debt? No, he now holds Everton's debt which will have to be paid.

• Most expensive and complicated stadium option. I certainly wouldn't argue over the complicated part. Labyrinthine is probably a better word for it though.

• Keeping the council on board. No mate, under said labyrinthine plan the council would not be 'on board' they'd be steering the ship with control over the club's finances for two generations.

Let's put it this way, if someone over 12 months ago had come in to buy the club and stated they'd get a stadium built that wouldn't be Everton's for 40 years, and a council acting as go-between for the club and hedge funds and pension funds held the club's cash...and released it only when they and institutional investors were satisfied, there would have been uproar.

So what we've seen over the last 12 months is a campaign of spin to portray Moshiri as a safe pair of hands who can be trusted to make the right (very long term) decision with the club's destiny in mind. Personally I dont see how that spin has worked given the lack of substantial activity thats preceded all this, but many do seem to have fallen for it.

This feller and his plans need to be watched. The risk involved in this scheme is not to be borne by him. That needs undelining and front and centre in all analysis over this proposed stadium move.

I think there maybe just a few of you who are going to watch his risky plans.....
The rest of us will just be sitting back and enjoying the ride

 

[Sapie88]

• Invested £80M to clear the debt? No, he now holds Everton's debt which will have to be paid.

• Most expensive and complicated stadium option. I certainly wouldn't argue over the complicated part. Labyrinthine is probably a better word for it though.

• Keeping the council on board. No mate, under said labyrinthine plan the council would not be 'on board' they'd be steering the ship with control over the club's finances for two generations.

Let's put it this way, if someone over 12 months ago had come in to buy the club and stated they'd get a stadium built that wouldn't be Everton's for 40 years, and a council acting as go-between for the club and hedge funds and pension funds held the club's cash...and released it only when they and institutional investors were satisfied, there would have been uproar.

So what we've seen over the last 12 months is a campaign of spin to portray Moshiri as a safe pair of hands who can be trusted to make the right (very long term) decision with the club's destiny in mind. Personally I dont see how that spin has worked given the lack of substantial activity thats preceded all this, but many do seem to have fallen for it.

This feller and his plans need to be watched. The risk involved in this scheme is not to be borne by him. That needs undelining and front and centre in all analysis over this proposed stadium move.

People have been sucked in because we're operating differently than we did with just Kenwright, those that hate Bill so much will view it blindly as progressive change. Only time will tell if it is. I have my doubts.

 

[davek]

I think there maybe just a few of you who are going to watch his risky plans.....
The rest of us will just be sitting back and enjoying the ride

And thank goodness there's been groups like Goodison For Everton, KEIOC and the Blue Union that have been vigilant over the years.

 

[ROBERTOMARTINEZ]

No mark owner means he's done nothing here yet. And despite your long list of achievements (which for the most part are tasks carried out by anyone calling the shots at a football club) we have nothing to show yet for his time here.

I'm not completely hostile to him. I've always said he'd get a stadium done, and I dont see any reason to believe the scheme as just rolled out wont go through. But the major 'success' he's credited with is a buying up of club debt which he now has in his name and the club owe him. The expected fireworks in the transfer market haven't happened.

I have to underline that Moshiri needs to be scrutinised as his every move is one that has a dual outcome: one for him and one for us. They can overlap, of course, but not always. It's good governance to have checks and balances.

Kinell mate, hes only been here just over a year and hes paid to sack Martinez, hes brought a next level manager (who we had to buy out of his contract) in whos shipped lots of players out and brought players in i.e. Schneiderlin and took us a level above the martinez era players, and brought Steve Walsh in also. Wiped the clubs debt (with an interest free loan ofcourse, but better than nothing like with kenwright) and sorted a feasible plan for a new stadium on the docks. In just over a year. Im okay with kenwright he did what he could to keep us up there as best as he could, but having us stagnate for 20+ years then this fella comes in and has improved the club massively on (players, manager and other backroom staff) and off (goodison regeneration, new stadium, improved finances) the pitch is nothing short of amazing. Its like youve completely forgotten the past. Bizarre.

 

[Lee Smith]

• Invested £80M to clear the debt? No, he now holds Everton's debt which will have to be paid.

• Most expensive and complicated stadium option. I certainly wouldn't argue over the complicated part. Labyrinthine is probably a better word for it though.

• Keeping the council on board. No mate, under said labyrinthine plan the council would not be 'on board' they'd be steering the ship with control over the club's finances for two generations.

Let's put it this way, if someone over 12 months ago had come in to buy the club and stated they'd get a stadium built that wouldn't be Everton's for 40 years, and a council acting as go-between for the club and hedge funds and pension funds held the club's cash...and released it only when they and institutional investors were satisfied, there would have been uproar.

So what we've seen over the last 12 months is a campaign of spin to portray Moshiri as a safe pair of hands who can be trusted to make the right (very long term) decision with the club's destiny in mind. Personally I dont see how that spin has worked given the lack of substantial activity thats preceded all this, but many do seem to have fallen for it.

This feller and his plans need to be watched. The risk involved in this scheme is not to be borne by him. That needs undelining and front and centre in all analysis over this proposed stadium move.

No Dave, LCC would not be "steering the ship with control over the club's finances for two generations" in any shape or form whatsoever.

The security package that would be in place would be to protect not only LCC, but also EFC. The club simply needs to deposit monies into a fund which will ensure that the SPV is repaid on time. Once this has been paid annually every year, the Club will be free to use the remaining funds however they deem fit. LCC will have ZERO say in how club surplus finances are spent once the SPV is paid. Surely anyone can see that this is a good thing as it simply ensures that the important costs are accounted for and paid when required, reducing the risk of us being able to "do a Leeds" by spending money we don't have before our (very manageable) liabilities are settled

 

[davek]

People have been sucked in because we're operating differently than we did with just Kenwright, those that hate Bill so much will view it blindly as progressive change. Only time will tell if it is. I have my doubts.

You have to ask at this stage is there anything substantially different?

BK had his Philip Green; Moshiri has his Usmanov
BK had his dock scheme which placed Everton's finances under the control of outsiders; Moshiri has done exactly the same
BK used friends in the media for megaphone diplomacy; Moshiri has trodden the same path
BK funded spending largely through recycled player sales; ditto Moshiri
BK had his blue gravel; Moshiri has his cladding

 

[davek]

No Dave, LCC would not be "steering the ship with control over the club's finances for two generations" in any shape or form whatsoever.

The security package that would be in place would be to protect not only LCC, but also EFC. The club simply needs to deposit monies into a fund which will ensure that the SPV is repaid on time. Once I this has been paid annually every year, the Club will be free to use the remaining funds however they deem fit. LCC will have ZERO say in how club surplus finances are spent once the SPV is paid. Surely anyone can see that this is a good thing as it simply ensures that the important costs are accounted for and paid when required, reducing the risk of us being able to "do a Leeds" by spending money we don't have before our (very manageable) liabilities are settled

Isn't that what I said? Let's look...

"held the club's cash...and released it only when they and institutional investors were satisfied"

Yes. It is what i said.

 

[Baldynut]

You have to ask at this stage is there anything substantially different?

BK had his Philip Green; Moshiri has his Usmanov
BK had his dock scheme which placed Everton's finances under the control of outsiders; Moshiri has done exactly the same
BK used friends in the media for megaphone diplomacy; Moshiri has trodden the same path
BK funded spending largely through recycled player sales; ditto Moshiri
BK had his blue gravel; Moshiri has his cladding

You must be an absolute scream on a night out

 

[Sapie88]

You have to ask at this stage is there anything substantially different?

BK had his Philip Green; Moshiri has his Usmanov
BK had his dock scheme which placed Everton's finances under the control of outsiders; Moshiri has done exactly the same
BK used friends in the media for megaphone diplomacy; Moshiri has trodden the same path
BK funded spending largely through recycled player sales; ditto Moshiri
BK had his blue gravel; Moshiri has his cladding

I'd laugh if it wasn't so depressing.

 

[Foot Long Hot Dog]

• Invested £80M to clear the debt? No, he now holds Everton's debt which will have to be paid.

You state that it will be have to be paid as a definitive fact. When it's far from it, there's no repayment schedule and no interest. I'll have you a wager that it's converted to equity when he takes full control OR it's never repaid during his tenure.

• Most expensive and complicated stadium option. I certainly wouldn't argue over the complicated part. Labyrinthine is probably a better word for it though.

.

So he should have taken the easy option of Stonebridge Cross then? Warped logic, he's set about delivering a waterside home that 12 months ago was unthinkable, and which would also have been completely impossible without him clearing the secured debt.

• Keeping the council on board. No mate, under said labyrinthine plan the council would not be 'on board' they'd be steering the ship with control over the club's finances for two generations.

.

So the councils motive is to control the clubs finances for a generation? lol

Behave ffs, the repayments are affordable, we're £5m a year better off due to the USM sponsorship of FF, a further £6m better off due to the clearance of the existing debt, there's £11m of the £14.4m estimated annual lease costs, before you factor in naming rights and the incremental revenue that the place will deliver. Your argument that it leaves the club in the control of the council is therefore ridiculous.

Let's put it this way, if someone over 12 months ago had come in to buy the club and stated they'd get a stadium built that wouldn't be Everton's for 40 years, and a council acting as go-between for the club and hedge funds and pension funds held the club's cash...and released it only when they and institutional investors were satisfied, there would have been uproar.

.

How did you think any new stadium would be funded? If EFC borrowed the cash the interest rates would have been far higher than the proposed scheme, and the club would have been exposed to future non payment penalties in exactly the same way as under this one. In exactly the same way the now cleared Prudential loan left us with the prospect of losing Goodison if we didn't pay.

As for the risk not sitting with Moshiri, why should it? Would the liability for WHP or Kirkby have sat with Kenwright? Of course not, the funding liability was always going to sit with the club. I find it astonishing that this clever piece of funding is being used by you as a stick to attack Moshiri with, it's a nonsense argument Dave.

 

[Lee Smith]

Isn't that what I said? Let's look...

"held the club's cash...and released it only when they and institutional investors were satisfied"

Yes. It is what i said.

Hmmm... I hardly think that constitutes LCC "steering the ship with control over the club's finances for two generations" though does it

 

[nsno-chris]

Dave having a right mere here, back to wild accusations being thrown left right and centre

 

[Foot Long Hot Dog]

You have to ask at this stage is there anything substantially different?

BK had his Philip Green; Moshiri has his Usmanov
BK had his dock scheme which placed Everton's finances under the control of outsiders; Moshiri has done exactly the same
BK used friends in the media for megaphone diplomacy; Moshiri has trodden the same path
BK funded spending largely through recycled player sales; ditto Moshiri
BK had his blue gravel; Moshiri has his cladding

BK has invested £0 into the club during his entire tenure.

Not a bean, he wasn't even capable or willing to provide short term bridging during the summer windows before the Sky cheque was banked.

The comparisons between the 2 are laughable.