Latest Takeover Rumour. The Moores / Noell one

[royalbalou]

Takeover latest from the peoples forum

https://t.co/948bxeGObZ

Think you'll find this is a wind up from a guy on the said site

 

[mikewex]

Think you'll find this is a wind up from a guy on the said site

Yeah, it certainly seems intended to hit as many triggers as possible.

 

[Goat]

A move to sefton would instantly make every single scouser who supported the club a wool.

I for 1 welcome our new asset stripping cowboys.

 

[Hellerad]

I would need to know details about the ownership structure of the finance company, but it smells like a leveraged takeover. I imagine the destability of TV income and tax implications inspired the design.

Makes some sense in theory if they are anticipating investing in a new stadium.

 

[The Esk]

Re shareholder approval then the key is getting 75% approval which I am certain would be the case if the above is true. With that the purchaser would seek a scheme of arrangement prior to acquisition to gain full control.

 

[dublinbluenose]

• 
  Posted by Api_Hobson
  
  
  on January 27, 2016, 4:11 pm, in reply to "Re: takeover - latest"
  
  
  Well played sir, they're all fretting over where in Sefton the new ground will be
  

think its a WU

 

[hibbo'sclass]

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.

Yep, looks grim reading that.
How would a fund own 50+ % - it would mean the minority being involved in it surely?

 

[TheFinnFan]

L ol

 

[pablo 1878]

Just scanned through the last few pages and it's all a bit depressing. The idea of being bought by people who can't afford to buy the club so will be using borrowed money to be paid off using future TV revenue is a recipe for disaster

If this is the deal that has been brokered by the self-proclaimed best salesman of the club, it will confirm what we all suspected that he was only ever in it for the money. These new owners are not gonna give us a shiny new stadium and I really can't see how this sale can be a good thing

 

[neil999]

think its a WU

pathetic really, if your gonna do a wind up then they should at least make it funny

 

[Azza]

If this happens they better get it right.

Goodison goes into meltdown when Barkley passes backwards, imagine the fume if these guys extended the Chang deal!

 

[royalbalou]

think its a WU

http://members.boardhost.com/everton-forum/msg/1453903561.html

Here you go

 

[onlyme]

I hope this is deliberate misinformation, the type politicians put out, so that when the true details are made public there's a collective sigh as it isn't as bad as the 'leak'.
No to carpetbaggers wanting to rape 'our' club

 

[zirc]

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

17 years and this is the best he could do? I dont believe it.

 

[Deleted member 24970]

Probably something along the lines of:

BBC Sports News:

Headlines:

Accrington Stanley load Mansfield U21 star

In other News:

Everton taken over

Who was the Accies signing mate ?

Bantz LOLZ