Farhad Moshiri

[roydo]

I know it's pernickety but the club have a value on the stadium of £350.

Not gonna be great that.

 

[Steve Wigan]

I know it's pernickety but the club have a value on the stadium of £350.

There is clearly a wider game being played here, around Liverpool waterfront and commercial assets that go alongside it. Some of this will be played out in public (the purchase of the Liver Building) but much of it will never see the light of day (and if people are aware of it they will not make it public).

As you've said, there's an easy way to turn debt into shares which I suspect will happen. I don't actually think Moshiri and whoever may be behind him are massively concerned about Everton turning a profit. I think they are quite happy to subsidise Everton if needs be to secure the wider goals around the waterfront. If they were concerned making a profit far more emphasis goes on commercial deals and we don't keep having big summer splurges.

I think Everton, and particularly a successful Everton operating on the waterfront is of enormous strategic value to them. If Brexit goes a certain way there will be great opportunities in the city centre/sea front and the people who own the football club, much of the land around it and buildings live the Liverbird (and any others) will be in a very good position.

I have been critical of lots of things Moshiri has done and the board. I am not roundly uncritical. To me 52k is a travesty. However I am very calm it gets built. When Oligarchs want something to happen, they exert a fair bit more influence than blokes like Bill Kenwright.

Excellent post. Everton are just a part of the whole of the waterfront ambitions. And you make a good point about post Brexit....the port of Liverpool will once again be 'facing the right way' and will be in exactly the right place to benefit from trade with the Americas.

 

[The binman chronicles]

Just want to thank our esteemed owner for putting more money into Goodison. Seeing the place didn't change for 20 years bar from the blue gravel and the poster at the end of the main stand, to see the new hospitality areas and wall covering in the tunnel brings a little joy to my heart.

 

[Brisan123]

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit aswell.
Your looking at a valuation close to a billion, I can't see it.

Second sentence
YOU have
Hmmmm

 

[Brisan123]

Like I said, the debt gets turned into equity. So that becomes an asset. The ground would be valued as an asset, not at what it cost to build.

The rub to be fair to you, is the debt to actually build the thing. Like many, I am perhaps naively thinking that is kinda squared off behind the scenes, so to speak.

As for profit, my line for a few years now has been that a wider narrative is being played out. Everton, the ground, Moshiri are all a conduit to that.

Them dots again

 

[degsy]

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit as well.
Your looking at a valuation close to a billion, I can't see it.

Current shares 35,000 @ £8000 = £280,000,000.
Debt and such converted into shares + New ground.Not beyond the bounds of possibility to get
100,000 shares @ £10,000 = £1,000,000,000

Arsenal are valued at over £2.2B ... plenty of equity in the premier league.

 

[Toffeelover]

Excellent post. Everton are just a part of the whole of the waterfront ambitions. And you make a good point about post Brexit....the port of Liverpool will once again be 'facing the right way' and will be in exactly the right place to benefit from trade with the Americas.

And the rest of the world.

 

[Toffeelover]

Them dots again

Does it matter to us, just get the darn stadium built, invest in the team, move up the table, silverware and Europe here we come. Me you see I am just an old fashioned supporter.

 

[havrey0123]

Current shares 35,000 @ £8000 = £280,000,000.
Debt and such converted into shares + New ground.Not beyond the bounds of possibility to get
100,000 shares @ £10,000 = £1,000,000,000

Arsenal are valued at over £2.2B ... plenty of equity in the premier league.

Get a grip, no one is going to pay 1billion.
Newcastle 1 city 1 club, large attendances, 52k stadium can't get a buyer for 300m, but moshiri will get a buyer for 1 billion.

Really.

 

[degsy]

Get a grip, no one is going to pay 1billion.
Newcastle 1 city 1 club, large attendances, 52k stadium can't get a buyer for 300m, but moshiri will get a buyer for 1 billion.

Really.

Yep really, Uncy Uzzy has assured him that somebody will make him an offer he won't have to refuse.

 

[ashwuk76]

Get a grip, no one is going to pay 1billion.
Newcastle 1 city 1 club, large attendances, 52k stadium can't get a buyer for 300m, but moshiri will get a buyer for 1 billion.

Really.

I think you need to get a grip mate. Newcastle haven't been sold because of Mike Ashley not because of any valuation. It's well publicised. Try again.

 

[havrey0123]

I think you need to get a grip mate. Newcastle haven't been sold because of Mike Ashley not because of any valuation. It's well publicised. Try again.

Mike Ashley has been trying to sell for ages, people become interested and then try and lowball him in the last minute.

I mean this is just me but I'm guessing any normal person would buy Newcastle and save 700m, rather then buy out moshiri for a billion

 

[ForeverBlue92]

Mike Ashley has been trying to sell for ages, people become interested and then try and lowball him in the last minute.

I mean this is just me but I'm guessing any normal person would buy Newcastle and save 700m, rather then buy out moshiri for a billion

Funny how Moshiri bought Everton/USM then when he could have saved money & just bought Newcastle with a ready made stadium.

#kopitelogic

 

[Stephenlloyd]

Mike Ashley has been trying to sell for ages, people become interested and then try and lowball him in the last minute.

I mean this is just me but I'm guessing any normal person would buy Newcastle and save 700m, rather then buy out moshiri for a billion

Spurs are worth 1.3billion. How much were they worth 4/5yrs ago. A bit of success( champions league qualification) and a new ground. Has seen their value rocket. I know they are based in London which makes a difference.

But when the ground is built in the dock and we are having some success alongside it. We will easily be worth a billion.

 

[onlyme]

Mike Ashley has been trying to sell for ages, people become interested and then try and lowball him in the last minute.

I mean this is just me but I'm guessing any normal person would buy Newcastle and save 700m, rather then buy out moshiri for a billion

You're comparing a yoyo club, who are highly likely to go down again this season with a club who have been in the top flight for more seasons than any other. Investors are scared stiff of buying a club which gets relegated from the cash cow of the Premier league.
I notice in your comparison that you omitted to compare the assets that are most important important ie the playing staff, I can't think of a single player from the barcodes who would get in our team.