Latest Takeover Rumour. The Moores / Noell one

[mikewex]

Same here. Everything sounds really bad. Hopefully @The Esk can make things seem less awful.

Fairly unlikely to be that. Unless they have all the minority shareholders bought out, there is no way they would get away with that being considered equitable.

And its not as if there is a source of any great weight on it?

 

[Twinkletoes123]

There must be better buyers out there, this is worrying. I await and the full analysis from @The Esk

 

[abelard]

when one of the chief lines of his support was he would only sell us to someone with the clubs best interests at heart, so if he doesn't it only proves he was a greedy self interested beaut all along, and it was about his asking price and profit, nothing else

this is exactly why the "sell-to-absolutely-anybody-immediately/anything-is-better-than-the-status-quo" brigade could do with some perspective

 

[Dymak]

I really hope this is not true. We can forget about being able to compete with the likes of West Ham if 50% of our TV money is being used to allow Cyril Sneer and Gordon Gekko to buy the club. If you want our club then use your own bloody money, you have enough of it!

 

[chopper6]

Can someone bring me up to speed on today's developments/ rumours?

 

[Woolly Blue]

Where is Sefton?

Middle of nowhere, about six or seven miles away from Goodison and a fair drag from the city.

 

[ijjysmith]

Fairly unlikely to be that. Unless they have all the minority shareholders bought out, there is no way they would get away with that being considered equitable.

And its not as if there is a source of any great weight on it?

Feel better already.

 

[Dymak]

Can someone bring me up to speed on today's developments/ rumours?

Cyril Sneer wants to use Everton's future TV money so that he can buy Everton.

 

[The Esk]

Firstly this report looks like a google translation of part of a document.

However if the reports are true then this is a leveraged acquisition.

49.4% of Everton would be owned by Moores and a third party.

The other 50.6% would be initially owned by a fund of some sort. I am assuming the fund would sell shares each year to Moores and maybe the other party. In return for financing the initial purchase it seems like the fund would receive interest payments in addition to the purchase price of the shares each year.

These costs would be funded out of the tv rights monies received by Everton for the next 7 years.

I have no idea whether the report is true or accurate.

 

[hibbo'sclass]

[QUOTE="Woolly Blue, post: 4162203, me

Anyway, I'm nervous about the match and can't focus on two Everton things at once so I'm just going to worry about Aguero and his mates for the moment ![/QUOTE]
McCarthy going to Payet him mate!!!!

 

[TheFinnFan]

Middle of nowhere, about six or seven miles away from Goodison and a fair drag from the city.

So clearly atleast that part is bs

 

[Woolly Blue]

So clearly atleast that part is bs

Hopefully.

 

[luimneach]

Everything is internet rumours to be honest so until everything is put out there in black and white we've just to sit tight and wait and see :-( Then it'll be fumeaggeddon or celebration on how we look at it

 

[Sennott Street]

Can someone bring me up to speed on today's developments/ rumours?

Basically some unnamed and unofficial sources (including some tweets from people who say they work for Moores' company) are saying the deal's done. Also, post on The People's Forum about the arrangement being complicated (including shares that would be "rented"), not a lot of player investment, and they're looking at a site in Sefton for the stadium. Again, these are RUMOURS, but we're all fearing the unknown here and need some transparency.

 

[mikewex]

Which report Esk?