Latest Takeover Rumour. The Moores / Noell one

[Neiler]

No, but they take their lead from the article. The first line of the article is "An American-led consortium is hoping to complete a takeover of Everton within the next six weeks, The Times can reveal". It then goes on to talk about the difficulties of buying all the shares from the different shareholders, but nonetheless gives the impression that the aim is a takeover.

Coolio mate!

 

[Goat]

Look at Browns there.

 

[Brownie]

I think it's great. Half the club staff will be made redundant for failing to meet sales targets when they don't even have sales targets and we'll turn into a mega-corporate money machine that slams down the phone on anyone that doesn't buy into the LET'S GO ethos.

 

[Goat]

Oh Browns, never change.

 

[magicjuan]

I am genuinely past caring...

 

[Hilga]

When door number one is two 70 year old venture capitalists, give me door number two.

 

[Penno]

Dont want no bloody yanks running my football club.

So you want some bloody yanks running the club?

 

[BluePeadar]

it will happen or it will not, everything else is in unknown. lets not bore ourselves to death speculating. We have no say either way. plod along or bend over and take it.

 

[BLUEBERT]

If done properly could be a great opportunity for the club, American market etc..

 

[Woolly Blue]

The articles talk about investment, it's very difficult to buy all the shares in Everton. I just think it's interesting of course no one knows for certain, can't help but have the feeling of not liking this overall.

And

We will never get rid of Howard.

My understanding is ...

If it goes ahead then I'd assume the board will be in favour of selling their shares and recommend it to the other shareholders. In theory, there are enough minority shareholders ( > 25% ) to reject a complete takeover, but in reality if the board are happy to sell their shares then it'll go through and the new owners would have control of 75%+ of the shares.

At that point they can force the remaining shareholders to accept the agreed price whether they like it or not.

@hibbo'sclass will correct me if I'm talking bollocks.

Edit : Ignore the above, @hibbo'sclass has already got @The Esk to explain it.

 

[BluePeadar]

If done properly could be a great opportunity for the club, American market etc..

agree but there are 2 major flaws in this concept , both of them are our eternal and inexplicable shitness at everything to do with branding and selling our product

 

[Neiler]

Everton Inc.

 

[Dithering Dougie]

If done properly could be a great opportunity for the club, American market etc..

Yeah the name Aston Villa rings out all through the US doesn't it..

 

[Big Fat Sam]

SO WHAT if they want to make a profit (potential new owners)?

How they going to achieve that? By making us BETTER!

They'd only make a profit if we're in regular European competition, and isn't that what we all want?

They'd only make a profit if we dramatically improve our commercial offerings, something Kenwright hasn't been capable of doing in 15 years.

They'd not make money off us by offloading our best players; they'd bring in new ideas, expand our potential and hopefully push us on.

How fitting that on the day before Christmas, we're talking about a Noel taking over the mighty Everton FC of Merseyside! Hurrah - bring it on!

 

[Pat's Van]

Just wait till the F16s are flying overhead with banners and cheerleaders and goal music.

Y'all gonna be begging for Bill back.

just wait til you see the size of the hot-dogs