Farhad Moshiri

[The Esk]

Lots of stuff floating around in the media, much of which is frankly inaccurate. So I thought I'd try and clear up a few things.

Prior to Mr Moshiri acquiring his shares, the Board owned 68% of the club as follows:

Bill Kenwright 9,044 shares
Robert Earl 8,146 shares
Jon Wooods 6,622 shares


Total: 23,812 shares (68%)

Mr Moshiri arrives and acquires 49.9% of the shares, 17,465

The Board changes, Robert Earl steps down and sells his 8,146 shares to Mr Moshiri. In order to make up the remaining shares I'm going to assume that Bill and Jon reduce their shares on a pro rata basis. This being the case the distribution of shares would be as follows:

Mr Moshiri 17,465 shares (49.9%)
Bill Kenwright 3,662 shares (10.5%)
Jon Woods 2,685 shares (7.7%)

Total 23,812 (68%)

Now the 49.9% question. I have not had a chance to look myself, but someone trusted confirmed that at this stage going above 50% might cause issues with Prudential Trustees . Therefore as there is agreement on future investment and share sales this current arrangement is entirely satisfactory. I would expect investment , new shares issued and further sales of shares to occur towards the end of the season.

I hope this clarifies the position. I've made a couple of assumptions, but they're reasonable and based on experience of what's happened elsewhere.

* all subject to ratification by PL of course.

 

[Dario Terracotta]

lol proper bellends them. One of them is a belter saying how great FSG are because they are sports specialists and understand their customers......until the ticket thing that is but that doesn't count erm.

Bellends, lots and lots and lots of bellends gutted.

Just remember Kopites, we were here first and we will be the last standing you shower of utter bitter scruffy bellend beauts!!

We shouldn't worry too much about them macca mate,they're finished IMHO,the only thing they have going for them is their "luck" and even that ran out yesterdaylol

 

[the_leftback]

http://www.redandwhitekop.com/forum/index.php?topic=315580.18960

Just have a gander at that lot LOL

Haven't seen them in this kind of state since Dwight Gayle's equaliser at Crystanbul.

 

[Callum_efc]

Not bothered about them. A fair few of them speak sense. Some are just real weirdos.

Anyway..... Very little will be announced until premier league approval. Every article relating to spending and stadium updates will be totally hearsay. We just have to wait and see but this is the most promising news we've had since I was born anyway!

 

[hetion]

I don't think anyone is expecting us to go and splurge £50m on players or anything like that. What we do have though is a manager who is extremely good at spotting talent - i.e., spotting a £5-10m player and realising he can turn them into a £20-30m player. Now he'll be able to spot a £20-25m player who he can turn into a £40-50m player.

 

[hibbo'sclass]

Commercial team Will probably get overhauled soon imo

New people brought in about 4? Months ago mate. Guy from Watford and a couple of other senior marketing bods.

 

[mkrudden]

http://www.redandwhitekop.com/forum/index.php?topic=315580.18960

Just have a gander at that lot LOL

. Difficult say Forbes has John Henry at about 1.5 billion sterling, but he is only the leading figure of a consortium. Werner, his other major partner, is worth another 1/2 billion alone. I have seen various figures for the group bandied around, but around 3 billion dollars (sorry, slip up there first time)is the norm.

It's not just about worth though, FSG are a specialised investment group, they typically target sports teams and are skilled at managing all levels of an organisation as a result. They understand the unique challenges any sports team present and how to maximise their value without pissing off the paying customers too much. The latest ticket farrago is a case in point, they pushed for ticket increases until the fans revolted, then apologetically rolled back. Its a more harmonius gouging shall we say.

This new chap for Arsenal is more a bean counter who has spent years fighting board room battles at Arsenal and has now given up to take over at Everton. His board room travails at Arsenal will probably stand him in good stead at Everton with it's fractured shareholder base, the question remains as to whether he will be as effective at leading a club.

Christ lollollol

 

[Woolverhampton_Blue]

Wouldn't wish ill health on anyone. Call me cynical, but if it wasn't for his bad health, would we have been sold? We may very well have seen the status quo preserved for another 20 years.

Possible but doubt we will ever know.

 

[Lee Smith]

http://www.redandwhitekop.com/forum/index.php?topic=315580.18960

Just have a gander at that lot LOL

 

[The Esk]

Tom Cannon on Everton's new investor

https://audioboom.com/boos/4241579-tom-cannon-on-everton-s-new-investor

Not shooting the messenger @Onwards Evertonians in the slightest, but treat this clip with extreme caution, the main thrust that the deal is subject to the takeover coder and is subject to shareholder approval is entirely wrong. Everton is a private company, and these regulations are not relevant to the club.

I have informed Radio City of his error...

 

[Goat]

Not shooting the messenger @Onwards Evertonians in the slightest, but treat this clip with extreme caution, the main thrust that the deal is subject to the takeover coder and is subject ot shareholder approval is entirely wrong. Everton is a private company, and these regulations are not relevant to the club.

I have informed Radio City of his error...

Dont understand how people can get even the basics wrong, these people are meant to be clever, but Zatman knows more than them.

 

[The Esk]

Dont understand how people can get even the basics wrong, these people are meant to be clever, but Zatman knows more than them.

The guy is a Professor of football finance. Very basic stuff....

 

[CahillsCornerFlag]

Convincing themselves over on RAWK that all this investment is going to do is keep us afloat and midtable for the next 10 years.

I think they underestimate how incredibly likely it is that we'd be much higher in the table than them if we'd been spending money like it was going out of fashion for the last 10 years. If we could spend £50m a season without any outgoings we'd be laughing. It wasn't so long ago we went over 2 years without buying a single player. Anyway, I like that they underestimate us, they still view themselves as massive, and us as a small club who have no hope in hell of filling a 50k stadium. It'll be all the sweeter when we get a new stadium underway, and build up our talented young squad even further without making the ridiculous purchases that they're infamous for.

 

[maccavennie]

Christ lollollol

That's the one I was talking about mate, what a whopper that person is. I can almost taste his tears lol

 

[Goat]

The guy is a Professor of football finance. Very basic stuff....

He clearly bought it off the internet.