Farhad Moshiri

[penev10]

How is there so much confusion when its out there in black and white:
http://www.theguardian.com/football...-farhad-moshiri-increase-stake-bill-kenwright

Moshiri will acquire Robert Earl’s 23% stake in Everton, plus shares from Kenwright and the director Jon Woods, both of whom are to dilute their respective shareholdings of 26% and 19%.

 

[markmarkmark]

I'm not that clued up on company ownership but I'm assuming that now Moshiri has the 49.9% he will be considered mr big balls and everyone will listen to his ideas as he owns most shares?

 

[BoysInBlue]

The shareholding figures up to this Moshiri deal were freely available on the EFC website and still are (not yet updated).

Somebody is having you on @Smiggs .

 

[BoysInBlue]

I'm not that clued up on company ownership but I'm assuming that now Moshiri has the 49.9% he will be considered mr big balls and everyone will listen to his ideas as he owns most shares?

Yes.

 

[billytoffee]

I even doubt that. They are strange creatures, I live in Bolton and its full of them. They could be completely normal, talking about Politics or music, but then football comes up, and the 'cult' stuff kicks in, completely horrible people, and I am yet to meet one NOT like this.

Agreed !

I've an aquaintance that I get on realy well with most of the time - in the big scheme of things however, he is thicker than a Whale omelette. But when it comes to football we all simply have to accept that he is the footballing equivalent of Stephen Hawking - he knows it all.

Constantly sends me their efforts at being funny at our expense to which I bat not an eyelid ( his e-mail is on auto delete) but when I put a quirky little dit on his facebook page recently for his birthday he got all bent out of shape and hasn't spoken to me for weeks.

They are happy to dish it out but they simply can not take it - oh happy days !!!!

 

[Foot Long Hot Dog]

Kenwright still has 27% shares hes not sold his

He didn't have 27% to start with..

Earle had 23%.

Woods had 16%

Moshiri now has 49.9%

Woods is still on the board, so he can't have relinquished all of his stake, and even if he had, that still doesn't add up to 49.9% - ergo whoever told you that, was talking out their pipe.

 

[Efcjake]

It is great waking up every day confident Everton are moving forward.

 

[KUEFC09U2]

Agreed !

I've an aquaintance that I get on realy well with most of the time - in the big scheme of things however, he is thicker than a Whale omelette. But when it comes to football we all simply have to accept that he is the footballing equivalent of Stephen Hawking - he knows it all.

Constantly sends me their efforts at being funny at our expense to which I bat not an eyelid ( his e-mail is on auto delete) but when I put a quirky little dit on his facebook page recently for his birthday he got all bent out of shape and hasn't spoken to me for weeks.

They are happy to dish it out but they simply can not take it - oh happy days !!!!

Bitter you lad, that's another thing they always say when you mention them, but yet its totally normal for them to have pages after pages of them discussing everton on their forums

 

[Tubey]

He didn't have 27% to start with..

Earle had 23%.

Woods had 16%

Moshiri now has 49.9%

Woods is still on the board, so he can't have relinquished all of his stake, and even if he had, that still doesn't add up to 49.9% - ergo whoever told you that, was talking out their pipe.

It's obvious what has happened - they've sold enough to get the deal over the line and no more. Which, as businessman, is what anyone would do.

You have an asset that could grow in value exponentially now - why would you sell beyond what you have to before that growth occurs?

 

[BlueToff]

Agreed !

I've an aquaintance that I get on realy well with most of the time - in the big scheme of things however, he is thicker than a Whale omelette. But when it comes to football we all simply have to accept that he is the footballing equivalent of Stephen Hawking - he knows it all.

Constantly sends me their efforts at being funny at our expense to which I bat not an eyelid ( his e-mail is on auto delete) but when I put a quirky little dit on his facebook page recently for his birthday he got all bent out of shape and hasn't spoken to me for weeks.

They are happy to dish it out but they simply can not take it - oh happy days !!!!

Always the victims...

 

[Smiggs]

He didn't have 27% to start with..

Earle had 23%.

Woods had 16%

Moshiri now has 49.9%

Woods is still on the board, so he can't have relinquished all of his stake, and even if he had, that still doesn't add up to 49.9% - ergo whoever told you that, was talking out their pipe.

He still has shares hes not sold his

 

[KUEFC09U2]

He still has shares hes not sold his

So you're saying this has now grown to 27%?

 

[BlueToff]

It's obvious what has happened - they've sold enough to get the deal over the line and no more. Which, as businessman, is what anyone would do.

You have an asset that could grow in value exponentially now - why would you sell beyond what you have to before that growth occurs?

Yep spot on.

From pretty much every point of view this deal makes total sense for every party involved.

 

[BlueToff]

He still has shares hes not sold his

Woods and Bill still have shares yes but they have both sold 'some' of there's to Moshiri, by all accounts?

 

[BlueToff]

I'm not that clued up on company ownership but I'm assuming that now Moshiri has the 49.9% he will be considered mr big balls and everyone will listen to his ideas as he owns most shares?

In principle, yes.

However, it also means that Moshiri can't technically make any decisions without the full backing of the other shareholders, so that is a safeguard there to ensure it doesn't go all Venky's...