Farhad Moshiri

[ToffeeTim]

That decreases the value of eveyone else's share.

Uncle Uzy buying him an xmas gift

He is converting debts to shares. It dilutes the minor shareholdings yes, but its excellent for the club overall.

 

[Azza]

Everton Football Club’s Board of Directors is proposing to create and issue new shares to Mr Moshiri’s Blue Heaven Holdings Limited.

Mr Moshiri is currently the Club’s majority shareholder with 77.2% and this proposal - representing up to an additional £250,000,000 of investment - further underlines his long-term commitment to the Club.

 

[royalblue66]

Any comment from Esk ?

 

[ToffeeTim]

I read it that he is creating new shares and buying them, that money then going into the club. So rather than just gifting the money, he owns shares that can later be sold. It 'may' slightly devalue the price of existing shares, I hope so as I want to buy one or two. May also be FFP friendly, I'm guessing on that bit though.

It sounds like he will convert debts owed to him into shares. So it will be new shares issued to him.

The liabilities will be removed from our balance sheet and replaced by equity and the overall position will be a lot better.

Hes certainly not cutting back his investment anyway, quite the opposite

 

[Efcjake]

If this Iranian has got the dough he says he has..


Lol have another 250 mil

 

[Mrk]

Great news. Even though existing shareholders will be diluted, the balance sheet will be markedly better, so the club will in essence be valued a lot more.

 

[Bristol Blue]

Any comment from Esk ?

Of course lol! One hand typing and his other holding a box of Kleenex

 

[Goat]

Carpet bagger doh.

 

[Liam-EFC]

Any comment from Esk ?

Of course

He’ll be crying into his spreadsheets.

 

[ForeverBlue92]

That Kopite by the username of 'Raph' posts on everything Everton related on twitter and sounds genuinely like they are a few slices short of a full pizza.

I couldn't be arsed commenting on LFC news they really are a weird bunch

 

[roydo]

If this Iranian has got the dough he says he has..


Lol have another 250 mil

Mad innit?

 

[Connor]

Are we minted still?

 

[neil999]

Any comment from Esk ?

He says it's a nice idea but it can't be done...

 

[ForeverBlue92]

Loves pishing his money away does Moshiri.

Give Brands a new deal and go full circle lad.

 

[BlueDraka]

Farhad Moshiri to increase Everton stake as investment hits £400m

Everton chief Farhad Moshiri is poised to increase his Blues shareholding to more than 90%

www.liverpoolecho.co.uk