Farhad Moshiri

[Goat]

The Esk says...
In the past we have made use of debt, but in the lead up to an expensive stadium move, it should be assumed that any debt facilities the club can negotiate for itself would be reserved for the stadium and the obvious working capital requirements in the build phase.

The final and third option is for Mr Moshiri to put more money into the club to fund transfers. As is very well known he has already injected £150 million into the club without security of a repayment schedule.

It’s also certain that he will have to put cash into the club for Bramley Moore. Using the figure quoted by Bill Kenwright at the AGM of a total cost of £500 million, with funding of £280 million via Liverpool City Council, there’s still another £220 million to find.

If transfer funds, his existing investment and the likely contribution required for Bramley Moore are added up, we arrive at an eye-watering figure of perhaps £450 million.

Thus, we might be looking at an issue of shares worth £225 million in the near term with another similar raise in a couple of years after the Council funding is spent on Bramley Moore.

Using these figures this would convert his existing investment of £150 million into shares and provide £75 million of funding for transfers.

There are of course, many variables, and I’m just suggesting one scenario. Based on the above, a valuation of the club at £350 million (£10,000 a share) would see the number of shares rise from 35,000 to 57,500.

It’s possible (even probable) that Kenwright, Woods and Abercrombie would sell their shareholding as per the options agreement giving Moshiri a total of 25,746 (73.56%) before the rights issue

Yeah sadly hes also chatting wham.

I mean the fact that he thinks Moshiri will be funding the stadium with his own money is the biggest pile of horse manure ive ever read.

Bless him.

 

[bennyhaha]

Can anyone tell me, in broad terms, what the financing of the remaining £280m might look like? Looking back through this thread it seems generally agreed that the council part will be over 25 years with annual repayments of around c20m but I haven't seen any details of what the other element might cost - term / interest levels / repayments. Thanks

 

[BlueToff]

Not sure tbh, the stadium is 4 seasons away at the earliest, with the season we've just had and the Alladyce appointment I could certainly see Goodison going toxic if we have another disaster season especially with the RS seemingly getting their crap together.

It's not all on Farhad though.

Hopefully, with Brands, he can step away from making the footy decisions now.

 

[Efcjake]

It's not all on Farhad though.

Hopefully, with Brands, he can step away from making the footy decisions now.

Like he let Brands pick Silva.

 

[BlueToff]

Like he let Brands pick Silva.

Well, the deal for Brands was wrapped up in March

So maybe he did, I don't know?

 

[Efcjake]

Well, the deal for Brands was wrapped up in March

So maybe he did, I don't know?

That's news to me.

They took an awful long time to announce it if so.

 

[roydo]

Can anyone tell me, in broad terms, what the financing of the remaining £280m might look like? Looking back through this thread it seems generally agreed that the council part will be over 25 years with annual repayments of around c20m but I haven't seen any details of what the other element might cost - term / interest levels / repayments. Thanks

Cos no one knows mate.

FWIW, based on my own long held theory, is that it will be either underwritten by Moshiri, and a "mate", and/or sourced privately once some traction is made with business partners with "wider business interests" in Liverpool.

But thats all my own work.

 

[Efcjake]

Wouldn’t be surprised to see a rights issue this summer if we are to have any significant transfer funds.

Joyce hinted as much today in his article about Silva.

 

[meagher94]

Wouldn’t be surprised to see a rights issue this summer if we are to have any significant transfer funds.

From Paul Joyce’s article today on Silva, he says inside info from the club suggests there could be a rights issue this summer

1. Are you Joyce?
2. What’s a rights issue anyway? As in naming rights for something?

 

[roydo]

What’s a rights issue anyway? As in naming rights for something?

No. Its a way of raising cash by offering new shares. Sounds alarming, but it is a frequent activity in the real world.

 

[toffeeblue9]

No. Its a way of raising cash by offering new shares. Sounds alarming, but it is a frequent activity in the real world.

A rights issue was exactly how I assumed we would finance the Bramley Moore funding gap

 

[Goat]

No. Its a way of raising cash by offering new shares. Sounds alarming, but it is a frequent activity in the real world.

I consider it alarming.

Very alarming.

I have my doubts myself, but we will see.

 

[liamefc91]

Can some on post joyce’s article please?

 

[Goat]

Can some on post joyce’s article please?

 

[roydo]

A rights issue was exactly how I assumed we would finance the Bramley Moore funding gap

Was one of my musings also. The fact Moshiri went over the 50% threshold a few weeks back as well. Now, who has a few bob to buy enough Everton shares to pump prime £300m for a new ground........ @Brisan123