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John Textor

BullensRoad said:
Surely he would have been picked up on by the media or cameras? Unless he was in a box keeping a low profile.
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Alan Whittle said:
It is not beyond the bounds of possibility that Textor and “a financing deal for the stadium” would mean a sale and leaseback of the completed stadium. He sells the freehold for £xm which he uses to complete the purchase of the club, its assets and liabilities and Everton are granted a long lease at an annual rent.
Short term; new stadium, debts paid down, influx of cash for players. Ok.
Medium to long term; No significant assets. Very bad.
Not saying anything like this is in the pipeline but it remains an option as he hasn’t got the dough and he wouldn’t be the first owner to buy a leading club with other people’s money and load it with liabilities (albeit different liabilities to the ones that currently exist).
Click to expand...

There will continue to be some kind of debt or liability regarding the new stadium for decades to come unless we find someone that is willing to pay for it themselves, which is unlikely.

Evertonians shouldn’t be too concerned about this imo, as we haven’t owned Goodison since Kenwright started securing loans on Goodison Park over 20 years ago.

So it’s just more of the same, and it’s something that we should expect the club to be doing. There isn’t an available alternative to financing the stadium via some kind of debt or lease.
 
Alan Whittle said:
It is not beyond the bounds of possibility that Textor and “a financing deal for the stadium” would mean a sale and leaseback of the completed stadium. He sells the freehold for £xm which he uses to complete the purchase of the club, its assets and liabilities and Everton are granted a long lease at an annual rent.
Short term; new stadium, debts paid down, influx of cash for players. Ok.
Medium to long term; No significant assets. Very bad.
Not saying anything like this is in the pipeline but it remains an option as he hasn’t got the dough and he wouldn’t be the first owner to buy a leading club with other people’s money and load it with liabilities (albeit different liabilities to the ones that currently exist).
Click to expand...

I’ve been expecting the stadium to be sold and for us to be tenants for a while

Most incoming owners will see it as an easy way to sort things out in the short term, especially if they’re looking to stabilise and sell for a profit

Mid to long term doesn’t matter if you just want to make a quick buck

It’ll be soul crushing if it happens
 

Mikey_Fitzgerald said:
I’ve been expecting the stadium to be sold and for us to be tenants for a while

Most incoming owners will see it as an easy way to sort things out in the short term, especially if they’re looking to stabilise and sell for a profit

Mid to long term doesn’t matter if you just want to make a quick buck

It’ll be soul crushing if it happens
Click to expand...
Textor sold the arena the club had just built next to the stadium here. Some of the club followers fear that he would also try to sell the stadium, especially to raise funds for buying new clubs...
 

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