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Latest Takeover Rumour. The Moores / Noell one

Are you For or Against the idea of the possible Moores / Noell takeover ?


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IMO don't think the smaller shareholders are too bothered about share price.......if that's what you meant! Think they are just happy to be an "Everton shareholder" part of club/members

That's probably true mate but the major point is that if the Board are holding out for too high a price, then the gap between the price they wish to achieve and the price investors will be willing to pay can only increase as the level of post acquisition investment required increases over time.
 
I believe that there is something happening about a takeover but I don't know what...and I don't believe that any other poster on here does either.
It was reported in the media that Moores was part of a consortium including investors on this side of the Atlantic but I have not seen any suggestion as to who is involved in the consortium, who is carrying out the due diligence, who the other interested parties are, if the period of exclusivity actually does exist.
There are so many questions about this whole saga that remain unanswered but in spite of so little information being available about anything we are then told the deal is off. Which deal ? Are they certain about which deal is off ?
 
That's probably true mate but the major point is that if the Board are holding out for too high a price, then the gap between the price they wish to achieve and the price investors will be willing to pay can only increase as the level of post acquisition investment required increases over time.
How much more is the TV deal next year?

Do you not believe us to be worth 200mil?
 
I believe that there is something happening about a takeover but I don't know what...and I don't believe that any other poster on here does either.
It was reported in the media that Moores was part of a consortium including investors on this side of the Atlantic but I have not seen any suggestion as to who is involved in the consortium, who is carrying out the due diligence, who the other interested parties are, if the period of exclusivity actually does exist.
There are so many questions about this whole saga that remain unanswered but in spite of so little information being available about anything we are then told the deal is off. Which deal ? Are they certain about which deal is off ?
hmmm
 

How much more is the TV deal next year?

Do you not believe us to be worth 200mil?

I find it very difficult to put a value of £200 million on a business that has a negative balance sheet and minimal prospects of sustainable earnings in the next few years, despite the increase in TV revenues.

The reason? The amount of additional investment required to bring the club back to a competitive position vis a vis our peers.
 
That's like asking why you'd ever buy someone who'd been passed over by another club. Geri didn't do so well at Sevilla, but he's been ok.
It's a bit less risk on a player to a outright wrong buyer of your club - ask Blackburn Rovers with the Venkys , and they have won a Prem title we have not!
Your comparison is way off the Richter scale - it's easier to drop or move a player on than sell your club to another buyer if your new buyer ends up being a disaster!!!!!
Especially if you drop into the championship Blackburn - Bolton (with a new ground) are nor struggling to survive!
It is so important to get the correct one sale of the club hate or love BK our present owner for some of his criticisms he is spot on in saying it has to be a buyer who's intentions are to support us in the sustainable future, and not come in and asset strip - The other lot over the park remember Hicks and co nearly a disaster for them - they got lucky will we?
 
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I find it very difficult to put a value of £200 million on a business that has a negative balance sheet and minimal prospects of sustainable earnings in the next few years, despite the increase in TV revenues.

The reason? The amount of additional investment required to bring the club back to a competitive position vis a vis our peers.
A lot of these so called owners don't care about being competitive as long as they stay in the PL, say you bought us for 200mil, next summer you could sell Rom and Stones and get 150mil back, buy cheaper replacement with the TV revenue and only be 50mil down, with a squad that will stay in the league and season after you take the to money and you've made a profit. And you haven't invested a penny and that's the problem, we want owner who say we want to win things and push us forward, not just buy us for money
 
I find it very difficult to put a value of £200 million on a business that has a negative balance sheet and minimal prospects of sustainable earnings in the next few years, despite the increase in TV revenues.

The reason? The amount of additional investment required to bring the club back to a competitive position vis a vis our peers.
I think our brave board of money grasping incompetents have already holed our chances of ever reaching the top table again. The opportunity cost of what they could have done but failed to is huge. Last chance is the trophy purchase by rich billionaires that some unusual posters don't seem to want (and even they won't be ripped off by idiots).
 
I'm bored of Everton takeover stories, they all form a similar path and lead to nothing. Not saying they are not true, they just all have the same ending.

If it ever happens, I will "whoopee do" then.

That said, I guess this is what separates us from the rest of the fat, shirt wearing biffs from across the park and those loveable Geordies, who think they are entitled to success and protest every time something goes against them.

Kenwright is basically an enigma. Under him we have sold everything, yet steadied ourselves on the field and it is unthinkable to worry about relegation anymore. Hence why some still stick up for him, as better the devil you know, to an extent both sides have a valid argument.

My problem with him was the lies etc and the terrible Kirkby move, but I guess we all make mistakes. Thank heavens for KEIOC for pointing out how bad an idea that was, at least we could make a balanced opinion.

He could sell tomorrow and make a very healthy profit, but I am glad for the fact that he won't just sell to anybody, for that we should be grateful I guess.
 

A lot of these so called owners don't care about being competitive as long as they stay in the PL, say you bought us for 200mil, next summer you could sell Rom and Stones and get 150mil back, buy cheaper replacement with the TV revenue and only be 50mil down, with a squad that will stay in the league and season after you take the to money and you've made a profit. And you haven't invested a penny and that's the problem, we want owner who say we want to win things and push us forward, not just buy us for money

I really doubt any buyer putting forward a plan like this would get shareholder approval. (Besides the fact Stones and Lukaku would not fetch £150 million before even considering the replacement cost)
 
I'm bored of Everton takeover stories, they all form a similar path and lead to nothing. Not saying they are not true, they just all have the same ending.

If it ever happens, I will "whoopee do" then.

That said, I guess this is what separates us from the rest of the fat, shirt wearing biffs from across the park and those loveable Geordies, who think they are entitled to success and protest every time something goes against them.

Kenwright is basically an enigma. Under him we have sold everything, yet steadied ourselves on the field and it is unthinkable to worry about relegation anymore. Hence why some still stick up for him, as better the devil you know, to an extent both sides have a valid argument.

My problem with him was the lies etc and the terrible Kirkby move, but I guess we all make mistakes. Thank heavens for KEIOC for pointing out how bad an idea that was, at least we could make a balanced opinion.

He could sell tomorrow and make a very healthy profit, but I am glad for the fact that he won't just sell to anybody, for that we should be grateful I guess.

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In addition to all the above which I agree wholeheartedly there is the increasing issue of what can be referred to as the competitive gap funding requirement, ie the amount of investment required to bridge the gap between ourselves and those clubs with stronger balance sheets and cash generative commercial and sponsorship activities.

That amount is increasing month by month and can only prove damaging to the value of the equity for all shareholders not just the board.

The three wise men from the corporate world they head hunted and brought in during last summer - what headway have they made I wonder?

The West Ham move into the Olympic Stadium and the likely takeover they'll see in the near future is perilous for Everton. I can see them moving to another level pretty quickly just in terms of gate receipts and commercial deals, and that'll mean there's 7 clubs who we really shouldn't be competing with in this league on a financial basis. Good management can buck that and get us punching above our weight and a couple of places above where we 'should be'. But the hope of landing a CL spot is receding fast.
 

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