Farhad Moshiri

[Mutzo Nutzo]

My take on this is that originally the ICBC where seen by Everton as the main funding vehicle for the stadium build. However the slowdown in the chinese economy has resulted in what is effectively a massive credit squeeze by the chinese financial system.

IMO it's this that has forced Mosh to look elsewhere for his line of funding.

footnote:I could be chatting absolute bubbles.

 

[Daytripper]

Not a financial guy admittedly, thought it was interesting the esk got a bit of stick from the shame tactic army on twitter.

 

[degsy]

Yeah but Mosh is down to the tune of 400m, he would want his money back on any sale.

Down £400M??...who knows? but we'll take it as a base figure anyway.

For arguements sake, Moshiri owns about 75% of the shares, 26,250 shares.
£400M for those = £15,000 per share
The last traded price via Blackstone Singleton was £3,500.
There is an anecdotal 'this day ' going price quoted around £8500
Moshiri used the £80+M from 'his' Arsenal shares to buy in his initial 49.9% = £5,100.

Safe to say he won't be on the bones of his arseif it does go like that.

Finance and PP = The sound of silence.

What if territory now.
What if theres 'two' costs to the BMD
1) The actual build cost
2) The special BMD related preparation costs.

What if finance for the extra prep. costs is the stumbling block?

*translated from bank-speak;
Sorry mate, I can do you £500M in 4 X £125M lots over 7yrs a pop. (do up The Bullens as stage1)
I can even do you £500M in a lump sum...but it'll cost you - (none dock site)
No way can I go to £600+M for fancy 'tanking', plus over runs

David Moyes gave a statement the other day on - how we missed a trick not redeveloping Goodison, why would he do that now?

 

[Goat]

Down £400M??...who knows? but we'll take it as a base figure anyway.

For arguements sake, Moshiri owns about 75% of the shares, 26,250 shares.
£400M for those = £15,000 per share
The last traded price via Blackstone Singleton was £3,500.
There is an anecdotal 'this day ' going price quoted around £8500
Moshiri used the £80+M from 'his' Arsenal shares to buy in his initial 49.9% = £5,100.

Safe to say he won't be on the bones of his arseif it does go like that.

Finance and PP = The sound of silence.

What if territory now.
What if theres 'two' costs to the BMD
1) The actual build cost
2) The special BMD related preparation costs.

What if finance for the extra prep. costs is the stumbling block?

*translated from bank-speak;
Sorry mate, I can do you £500M in 4 X £125M lots over 7yrs a pop. (do up The Bullens as stage1)
I can even do you £500M in a lump sum...but it'll cost you - (none dock site)
No way can I go to £600+M for fancy 'tanking', plus over runs

David Moyes gave a statement the other day on - how we missed a trick not redeveloping Goodison, why would he do that now?

??????

We wont be doing Goodison up.

I got 400m from the price of his share investment, plus the interest free loans he has given the club.

If he was to sale he would at the very least want his money back.

 

[degsy]

??????

We wont be doing Goodison up. (Really? this IS Everton and no tomfoolery is ever completely off the table)

I got 400m from the price of his share investment, plus the interest free loans he has given the club.

If he was to sale he would at the very least want his money back.

Chill down, £400M, £500M who cares, I gave you that unopposed in line 1.
I'm just chatting whimsical 'what if' bubbles mate, casting my bread upon the waters so to speke, (or is it pearls before even toed ungulates) coz its a bit quiet and i've nothing better to do atm.

 

[GwladysBlue]

This club is rotten to the core.

Moshiri should’ve been seen for what he is the day he didn’t boot Kenwright out when he took control.

 

[cooperman]

This club is rotten to the core.

Moshiri should’ve been seen for what he is the day he didn’t boot Kenwright out when he took control.

I disagree mate. Keeping Kenwright on is, on paper at least, a good move. That would bring some continuity whilst Moshiri established his own set up.

Kenwright still being involved many years later however...

 

[GwladysBlue]

I disagree mate. Keeping Kenwright on is, on paper at least, a good move. That would bring some continuity whilst Moshiri established his own set up.

Kenwright still being involved many years later however...

We didn’t want continuity from the Kenwright era, we wanted big changes. It’s all turned into a big waste of time.

 

[Frang]

We didn’t want continuity from the Kenwright era, we wanted big changes. It’s all turned into a big waste of time.

Learning how to run a football club off bill Kenwright is like having stevie wonder teach you to drive..

 

[cooperman]

We didn’t want continuity from the Kenwright era, we wanted big changes. It’s all turned into a big waste of time.

In hindsight we can say that, but to most people outside of the club at the time Moshiri took over, we were largely seen as a club that was well run, but just in need of a cash injection.

 

[zzebra]

The more things change, the more they stay the same.

Might be worth sticking that on our badge in latin.

Quod ultra haec mutantur, eo magis hi simul manere.

QUHM

Doesnt really trip off the tongue.

Very impressive use of Latin there! Was that remembered from your school days?

 

[tommye]

Very impressive use of Latin there! Was that remembered from your school days?

He's that old he can't even remember his name most days, let alone his schooling and things possibly learnt back then

 

[GwladysBlue]

In hindsight we can say that, but to most people outside of the club at the time Moshiri took over, we were largely seen as a club that was well run, but just in need of a cash injection.

Well run?! That’s ridiculous.

Look at us compared to our fellow ever-present Premier League peers. Kenwright has us so far behind.

 

[summerisle]

Get a move on you tit and sack the wastrel.

 

[kiss the crest]

I would normally say over to you Fahed but he has made such bad decisions in manager choices