Simon Buttle
Player Valuation: £50m
He is a person of interest due to his links to Usmanov/Russia and numerous questions have been raised about his ownership of us in Parliament previously.
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roydo
in memoriam - 1965-2024
Heard ones, maybe one, about UA, not Moshiri though. Putting Ukraine aside, is there a rule that says one fella cannot front another one to fund a business?
pfim
Player Valuation: £40m
He isn’t on any sanctions list (that I know of) so there’s no legal recourse for the govt to Ambramovich Everton.
That doesn’t mean that his source of funding isn’t under the same restrictions. Or that his source of cash (the lines of credit) aren’t pledged by assets that wouldn’t come under sanctions.
Simon Buttle
Player Valuation: £50m
I don't know, not sure why there would be tbh. However there are lot's of little legal weird stuff in business so who knows.
roydo
in memoriam - 1965-2024
It is murky, no doubt. Like, apparently, Saudi dont own Newcastle. Technically, their PIF does. Moshiri owns Everton, again, Ukraine aside, him taking "advice" from UA aint that much different is it?
Blue peter
Player Valuation: £35m
Good question - I guess the links aren’t strong or direct enough to link us legally to an oligarch - they tried that initially pre war didn’t they with the Panorama expose on the Panama papers.
toffee66
Player Valuation: £8m
Summarising:
Moshiri remains a person of interest in a Treasury investigation. Though not on a sanctions list (yet) his access to UK assets is frozen and he was properly debanked (not Farage rebanked) so has no UK bank accounts, though he retains IoM and Jersey facilities at this time. Most of his overseas funds are in sanctioned banks and assets so his access to his own funds is massively restricted. He cannot access Usmanov.
He can sell as he can receive funds offshore and should have no issues in doing so as he will be selling a ‘clean’ British asset (this is the benefit of such sports and other legitimate investments for people with opaque initial funding sources). I suspect both PL and British government will be glad to see the back of him and wave a sale through unless it is to obvious crooks like 777.
Given the stadium is now being debt funded waiting to finish to sell only benefits him if it gives an unexpected boost to equity value which will only happen if it gives an unexpected boost to sporting performance (eg European qualification) which won’t happen due to our parlous starting point and interest costs on the debt soaking up any revenue boosts from the stadium.
He is gambling that a partial sale can make it easier to more cost effectively fund/refinance the stadium and allow him to hang around for eg five years to see some bounce in equity value. It is a low probability gamble but his potential loss on a sale now is so vast that to palatably sell outright he needs to find someone willing to pay more than his shares are really worth. It needs a Sheikh Jassim type, offended by the Glazers, willing to take a gamble to show them up and out compete them. We are very unlikely to be that lucky.
So we likely stay in a slowly decaying orbit around the plug hole until either the catastrophic (relegation, administration) or the euphoric (bonkers billionaire) resets us for bad or hopefully better.
Moshiri remains a person of interest in a Treasury investigation. Though not on a sanctions list (yet) his access to UK assets is frozen and he was properly debanked (not Farage rebanked) so has no UK bank accounts, though he retains IoM and Jersey facilities at this time. Most of his overseas funds are in sanctioned banks and assets so his access to his own funds is massively restricted. He cannot access Usmanov.
He can sell as he can receive funds offshore and should have no issues in doing so as he will be selling a ‘clean’ British asset (this is the benefit of such sports and other legitimate investments for people with opaque initial funding sources). I suspect both PL and British government will be glad to see the back of him and wave a sale through unless it is to obvious crooks like 777.
Given the stadium is now being debt funded waiting to finish to sell only benefits him if it gives an unexpected boost to equity value which will only happen if it gives an unexpected boost to sporting performance (eg European qualification) which won’t happen due to our parlous starting point and interest costs on the debt soaking up any revenue boosts from the stadium.
He is gambling that a partial sale can make it easier to more cost effectively fund/refinance the stadium and allow him to hang around for eg five years to see some bounce in equity value. It is a low probability gamble but his potential loss on a sale now is so vast that to palatably sell outright he needs to find someone willing to pay more than his shares are really worth. It needs a Sheikh Jassim type, offended by the Glazers, willing to take a gamble to show them up and out compete them. We are very unlikely to be that lucky.
So we likely stay in a slowly decaying orbit around the plug hole until either the catastrophic (relegation, administration) or the euphoric (bonkers billionaire) resets us for bad or hopefully better.
wainy
Player Valuation: £35m
Grim reading. Surely no financial institution is going to give him money to finance the stadium, or for any reason for that matter, when the business has been battered from every angle about how poorly its ran and the last accounts pretty much say there is an existential threat to the club should things get even worse?
Full takeover seems the most logical. However that would require a significant amount of money. Moshri will probably want anything from 400-500 million just to buy the club. Then you have the debt and finances for finishing the stadium. That’s if Moshri even wants a full sale. At least a full takeover, whoever that is can hopefully start to right all the wrongs with this club. Even with that there is no guarantee the new owners will get it right or be worse.
Not that I see it happening in the next 18m, but I expect it would quite startling how quickly the Oligarchs and their filthy pots of gold would be welcomed back into the fold once there’s peace in Ukraine.
Maybe, I haven't looked at the details of either to be honest mate, just responded to him not being able to operate in the UK.
No idea. Sounds murky and any potential buyer risks getting their hands dirty before they even start.
And even if they do, won't it be blocked by the same people who blocked the MSP deal ?
He is gambling that Everton stay in the premier League, the stadium is built so Everton have a big shiny asset on its balance sheet and then hope a big rich rich fella comes in to buy Everton. He couldn't care less if Everton finish 17th every season until he sells. Just keep getting the TV money. Everton currently is a lead weight around his wealth.
He put himself on the board so he has more say and control on his gamble. He will let the "more" fans facing board members take the flak.
He put himself on the board so he has more say and control on his gamble. He will let the "more" fans facing board members take the flak.
efcfanwirral
Player Valuation: £25m
Isn't that only an Everton problem now then? It was more for PR they went after Abramovich, if we're not technically owned by Usmanov (and I'm convinced they'd have looked very closely at it when it was in their political interests to do so and will have found no hard evidence) then its only really our problem if Moshiri is unable to do business. If he's not sanctioned, its not the government's issue