Why else would it be structured that way?Nonsense.
Why else would it be structured that way?Nonsense.
Why else would it be structured that way?
The "or something" is what I explained.Because if he took 51% immediately then the borrowings and stuff, at the time, would have needed to be changed or something. There are share agreements in place to buy Bills, and others, at an all ready agreed price, subject almost certainly to the ground being started/completed.
IIRC.
The "or something" is what I explained.
I have no idea why taking 100% would have mattered regarding borrowing.
So why is it then also linked to building the stadium.I cant recall the technicalities, but its along the lines of the original loans would have had to be renegotiated as the club was in effect, a different borrower. Why that would be an issue, I have not got a clue, but that was the reasoning at the time.
Either way, it wasnt a sinister reason he took 49.9%, more an accounting/business one.
So why is it then also linked to building the stadium.
I'm not saying it was sinister. I'm just saying Bill wanted to protect the club but I'm also not saying Moshiri hasn't the right intentions either.
enient
Given what we have seen in the last 2 years I'm glad of that because with what has been wasted and the investment needed to replace that value along with the stadium it may be making Moshiri think twice.
It doesn't need any explanation. It's simple he won't get control under the stadium is built. It is business and Bill is just protecting the club.You might be right, but I dont think it was anything to do with protecting the club. It was just the way the deal was structured that was the best way at the time. There were explanations on here, in The Echo, and the club issued something as well.
It doesn't need any explanation. It's simple he won't get control under the stadium is built. It is business and Bill is just protecting the club.
I'm glad of that. If he gained control before then and decided we weren't worth further investment he could leave us in a very bad way like the guy at Villa did to them. It doesn't mean he didn't have good intentions at the time but Moshiri isn't an evertonian. I doubt it would cause him to do too much soul searching if it came down to that.
2 year anniversary is this week isn't it?
Good times those were.