Latest Takeover Rumour. The Moores / Noell one

[magicjuan]

For the record Bill Kenwright has not acquired shares for at least a couple of years - he made a small increase in his holding in 2013 from memory - I'll have to check.

Iirc within the last couple of years, but he had been actively buying them up for some time

 

[magicjuan]

W Kenwright (Chairman) 9,044 shares 25.84%
J V Woods (Deputy Chairman) 6,622 shares 18.92%
R I Earl 8,146 23.27%

What was his/their starting point?

 

[The Esk]

Iirc within the last couple of years, but he had been actively buying them up for some time

Sorry mate, not according to the audited accounts he hasn't.

 

[b4sunryze]

The issue for Everton is that income attracts capital which then increases that income further, and the later to the party you are in attracting that capital then the more difficult it is to catch up.

The view that a new owner who can be a step up on our existing owners but cannot mix it with the big boys is acceptable, is in my opinion entirely wrong and dangerous.
...
For those interested in economics and football there's a huge quantitative easing happening in football presently, and the lessons of QE in the real economies since 2008 is that if you have excess income or available capital you succeed beyond your wildest dreams. If you have neither, then the gap between the "haves" and the "have nots" becomes so great that it will never be breeched again.

The challenge for the board if they are in any way serious about finding the "right" owner is not the bidder who offers the highest to existing shareholders, it is the bidder that delivers Everton to the highest land.

These are defining moments in our club's future.

You hit the Nail on the head - professional sports especially today in the EPL is increasingly separate the wheat from the chaff, the Haves and the Have nots. The teams that are the haves either have bottomless budgets and benefactors (Chelsea, Man City, Man U to a degree - from global branding per se rather than a benefactor) or they are well run ownership groups that are run like an investment-grade company (Arsenal - Stan Kroenke, Tottenham and LFC) that understands the debt markets, understand revenue channels, understands the television and digital media landscape, and understands brand marketing on a global scale.

Teams with amateur ownership groups filled with cronies have no chance to consistently compete. Everton's current ownership group unfortunately falls into the latter category. I hope whoever EFC gets sold to is either a Sugar Daddy or a professional and business-savvy group that has a long-term vision for growing the club financially.

 

[hibbo'sclass]

What was his/their starting point?

8754 after the distribution in specie of shares held by TBHL (Dec 2004) only further acquisition in calender year 2011 of 290 for 300k as per my previous post.

 

[The Esk]

You hit the Nail on the head

The question is whether the Moores & Noell partnership, if successful in the bid, have both the means and talent to become part of the "haves" rather than "have nots".

The jury is out on that point.

 

[Chang Elephant]

The challenge for the board if they are in any way serious about finding the "right" owner is not the bidder who offers the highest to existing shareholders, it is the bidder that delivers Everton to the highest land.

The attempted move to Kirkby tells you all you need to to know about the motives and over riding self interest of this board, it's financiers and backers

 

[blueblue]

Football has changed out of all recognition in recent years, but Everton to a large degree has not.
If we get new owners, there is a good chance that Everton Football club may be a very different entity after the takeover.
I think that we pride ourselves in being a family club, where traditional values still apply.
New owners may mean different values and I wonder how welcome they will be ?

I wonder what people want the new owners to be ?
I have supported Everton since I was a small boy back in the late sixties. I vaguely remember winning the title in 1970.
In my life as an Evertonian there have been relatively few events which have profoundly affected the very fabric of what the club is all about.

If there is a takeover it will rank right up there with anything else that has happened. I m looking forward to it and fearing it in equal measures.

 

[USABlue]

Football has changed out of all recognition in recent years, but Everton to a large degree has not.
If we get new owners, there is a good chance that Everton Football club may be a very different entity after the takeover.
I think that we pride ourselves in being a family club, where traditional values still apply.
New owners may mean different values and I wonder how welcome they will be ?

I wonder what people want the new owners to be ?
I have supported Everton since I was a small boy back in the late sixties. I vaguely remember winning the title in 1970.
In my life as an Evertonian there have been relatively few events which have profoundly affected the very fabric of what the club is all about.

If there is a takeover it will rank right up there with anything else that has happened. I m looking forward to it and fearing it in equal measures.

Can answer that right now. Most want a shiekh, oligarch, or similar who will spend as much as city

 

[kithnou]

Can answer that right now. Most want a shiekh, oligarch, or similar who will spend as much as city

Correct.

 

[mmmmsnouts]

Can answer that right now. Most want a shiekh, oligarch, or similar who will spend as much as city

And apparently it will be deemed a failure or a missed opportunity if Everton isn't purchased by one. Which is kind of insane because in order to sell the club to a shadowy billionaire oligarch, a shadowy billionaire oligarch first has to be interested in buying it.

 

[Goat]

I want Everton to be the greatest team in the world, with the greatest players, I want trophies, lots and lots of trophies, I dont care how we achieve this goal.

 

[chicoazul]

That depends entirely upon the three largest shareholders, do they accept the highest bid for their Everton shares or do they accept a bid which is best placed to advance Everton (assuming they had such a choice)?

This is my worry. The more you read and learn about those in pole position the more you want any rival bid to be considered too.

We have been nothing but an asset in Green's portfolio, it would be reasonable to guess his only concern is the profit he makes on that asset rather than the welfare of it after he's sold.

Obviously I can't criticise that too much as that's business like and I'm no shareholder so I'll pipe myself down.

I just want same as any fan and any new owners to give a damn about the culture of the club they're inheriting. We're a parochial bunch and I'd hate for that identify to change.

 

[SerenityNigh]

This is my worry. The more you read and learn about those in pole position the more you want any rival bid to be considered too.

We have been nothing but an asset in Green's portfolio, it would be reasonable to guess his only concern is the profit he makes on that asset rather than the welfare of it after he's sold.

Obviously I can't criticise that too much as that's business like and I'm no shareholder so I'll pipe myself down.

I just want same as any fan and any new owners to give a damn about the culture of the club they're inheriting. We're a parochial bunch and I'd hate for that identify to change.

Green?

 

[chicoazul]

Green?

No thanks lad I don't smoke.