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Latest Takeover Rumour. The Moores / Noell one

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


  • Total voters
    731
  • Poll closed .
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+1. We need the right people. I don't know whether these fellas are right or not, but let's hope Bill and the Board do what's right for Everton on their way out, and not what suits them.

There are 35,000 shares @200M = 5,714 per share, when you paid between 875-1300 per share...and up to now it hasn't cost you 1 extra penny??
They'll be trampled in the rush.
#alltheirchristmasescomeatonce.
Kenwright @9044 shares
Woods @6622 Shares
Earl @8146 Shares
 
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Good to see the poll results so far. It's prudent to see all the options on the table with takeover as the more you look into these lids the worse the feedback gets.

We need to change ownership so it's being reported there's multiple options on the table, I hope all with merit are explored.

I don't want new carpet baggers anywhere near Everton.
Might arouse some interest from the Arabs now.
 
I doubt people would be wasting time if they didnt have some sort of agreement that they could gain the shares needed to gain full control.
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.

I'm a banking lawyer rather than a corporate lawyer but this doesn't sound right to me. Will consult PLC.
 

People are questioning why the club is only worth circa 200m when 3 of our top players are worth over half that.

Trouble with valuing our club based on players is: they are only a poor run of form or bad injury away from halving in price. Therefore - although I'm sure players value is taken into consideration - I don't think it's taken as seriously as other factors.

From what I understand, an investment is generally made on the premise of making at least a 10% yield.

So if you bought Everton for 200m then you'd be looking to make 20m each year. In 10 years you'd have paid off the initial capital you put in and begin to reap the benefits or reinvest.

I imagine EFC are probably only making 20m per annum and i'd be surprised if that wasn't always entirely reinvested each year.
 
Cos they arent football people, they are straight up asset stripping cowboys.

Are they asset strippers though?
Baseball team is no worse off now than it was when owned by the current Liverpool owners - in fact could say it was massively better off and they have a fantastic stadium
Do you realistically expect us to be bought by 'football people' mate? How many of the current owners around the premiership are actually football people with enough money to do anything - had 20 years of a football person in charge and rather try someone who was a businessman.
 
People are questioning why the club is only worth circa 200m when 3 of our top players are worth over half that.

Trouble with valuing our club based on players is: they are only a poor run of form or bad injury away from halving in price. Therefore - although I'm sure players value is taken into consideration - I don't think it's taken as seriously as other factors.

From what I understand, an investment is generally made on the premise of making at least a 10% yield.

So if you bought Everton for 200m then you'd be looking to make 20m each year. In 10 years you'd have paid off the initial capital you put in and begin to reap the benefits or reinvest.

I imagine EFC are probably only making 20m per annum and i'd be surprised if that wasn't always entirely reinvested each year.

You have to take any debt into account as well which is deducted from the value of our assets to give the clubs net asset value. Although investors in the PE world would generally use a combination of EBITDA multiple/discounted cash flow to value a business rather taxable profit.
 
....I voted for change, sure it's a risk but so is our current hand to mouth existance. We are a bad manager away from being in the same situation as Villa, we need investment, we need a business savvy board.
 

People are questioning why the club is only worth circa 200m when 3 of our top players are worth over half that.

Trouble with valuing our club based on players is: they are only a poor run of form or bad injury away from halving in price. Therefore - although I'm sure players value is taken into consideration - I don't think it's taken as seriously as other factors.

From what I understand, an investment is generally made on the premise of making at least a 10% yield.

So if you bought Everton for 200m then you'd be looking to make 20m each year. In 10 years you'd have paid off the initial capital you put in and begin to reap the benefits or reinvest.

I imagine EFC are probably only making 20m per annum and i'd be surprised if that wasn't always entirely reinvested each year.
Perhaps because they intend to invest a lot in to playing staff and Goodison.
 
Right couple of things

1. If the board agreed to sell carpet baggers who had previous then what does that tell you about the people who own our club! Absolute rubbish is being written here about the current board protecting the clubs future when it comes to selling. Joe Anderson would do well to keep an eye on track records of those seeking ownership of the club.

2. Mouts Goat, DaveK are absolutely right it feels and smells bad here is a quote from Peter Scudamore from the recent David Conn article aout the US deals for PL cubs of late ! Richard Scudamore, the Premier League’s chief executive in whose tenure so many clubs have been sold, has described the Swansea structure as “probably ideal”. Their trust is a reminder of heartfelt resistance to accepting football clubs as financial investments, that supporters still consider them homes of mutual belonging, to be cherished, not exploited.
http://www.theguardian.com/football/blog/2015/dec/23/everton-us-investors-john-moores-charles-noell

3. Lay of Watched Toffee - he is the only one who had a pair to generate public debate on the ownership of our club without cowering to media lawyers.

Finally has anyone stopped to wonder why now in the space of a 6 months we have become actually available for sale? A lot more will come out on that point later I am sure but It tells me that this club was never for sale under this ownership because of the selfishness of a few to keep control of a train set by any means necessary.
 
Might arouse some interest from the Arabs now.

Heard on TalkS**** this morning that a Jordanian billionaire is keen to buy a Premiership club. Not just buy into for profit but actually buy and invest - seemingly these guys do it for personal kudos rather than to make money. A case of 'my wanger is bigger than yours!'. Could be that the interest of the Yanks may now promote alternative interest from the Middle East? As alluded to previously by The Esk in an earlier post I can imagine this would, however, promote a bidding war which would only benefit the current board members who would be rubbing their hands at such a prospect.
 

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