Latest Takeover Rumour. The Moores / Noell one

[The Mighty Quint]

I have no insider knowledge of financial matters so i may be talking out my arse here.

But if i was looking to take over a company/club/venue etc and part of the previous owner was offering that, i would tell him where to stick it. Either sell the club or i walk scenario, rather than have things dictated by previous owners.

I think if true it's a very shrewd move, maybe these Yanks are saying we'll do this, we'll do that, we'll build a new stadium.

And Bill is happy with 50m from the sale, and the rest is on completion of a new stadium to just give the yanks an incentive to follow through on their promises.

Bill does love the club, I can see him trying to make sure if a promise of new stadium is being offered, that it is followed through with.

 

[BoysInBlue]

Isn't that what Paul Gregg effectively tried to do with the kings dock stadium?

Yes, and Kenwright's ego wouldn't let him, which is why the whole Kings Dock deal fell apart.

Gregg could have saved that deal if BK had agreed to give him more power.

 

[Yankfootball1]

Everything inside me says this is a load of bollocks (not saying you said it mate) - however I think if that did happen it would probably show Kenwright was looking for the best deal for the club.

If that happens then Bill would go down as doing it for the right reasons. If the profits from the sale don't clear the debt than to me. All his talk will be proven to be theatre

 

[The Mighty Quint]

Would be an amazing final gesture

Which is exactly why I think it is the kind of thing Kenwright would do, he'd be lorded for the gesture, of course it's a lot easier to do when you'll already have a very tidy profit of your shares anyway, with 50m+ to be banked.

 

[blue62]

I don't know enough yet about Moores, but watching how things have gone at Anfield and Old Trafford I'm not jumping for joy and though a personal fortune of $500m is rather a lot of money, it doesn't stand up against the likes of Ambramovich. I guess the reality is that Bill is unwell and needs to move the club on, my take on things is that Bill's health is driving this deal and fair play to him for that, I wish him well. I would be interested to know who the Chinese buyers are, if they exist at all.

 

[Ashtonian]

I guess it depends if the new owners have already decided to build a new stadium..if they have then it's a bonus..if they haven't then I think you may be right

I think if true it's a very shrewd move, maybe these Yanks are saying we'll do this, we'll do that, we'll build a new stadium.

And Bill is happy with 50m from the sale, and the rest is on completion of a new stadium to just give the yanks an incentive to follow through on their promises.

Bill does love the club, I can see him trying to make sure if a promise of new stadium is being offered, that it is followed through with.

It may well be an actual thing, i don't know! Jsut the way i read it makes it sounds like the former chairman forcing the owners into doing something just so they can take control of the club.

Hell even in that time, for argument sake bill owns 20% (no idea), then bill will retain 6% of the club in that time until a stadium can even be built, and god forbid he passes on for some reason, then begins a legal battle to get the shares back if it wasn't signed before hand to hand them over. Either way again its like we buy the club from you, you keep a portion of the club still so legally you are still a shareholder

I'm probably just rambling, just looking at the situation in a critical way rather than a optimistic way if that makes sense.

 

[gaino92]

Which is exactly why I think it is the kind of thing Kenwright would do, he'd be lorded for the gesture, of course it's a lot easier to do when you'll already have a very tidy profit of your shares anyway, with 50m+ to be banked.

His ego would play a part in this, if its true he will be seen by most evertonians as the "ultimate blue" which in my opinion is what he wants

 

[kithnou]

His ego would play a part in this, if its true he will be seen by most evertonians as the "ultimate blue" which in my opinion is what he wants

Not ego at all. A beautiful final gesture, possibly literally, for the club he loves and its fans.

 

[markmarkmark]

 

[gaino92]

Not ego at all. A beautiful final gesture, possibly literally, for the club he loves and its fans.

You have to have a massive ego to survive in business, especially the premier league merry-go-round. Just think this last gesture, and I believe its a great gesture (if true) but his ego will play a part in it.

 

[By god I'm blue]

Don't think Kenwright will simply sell his shares and walk away without a few guarantees.

On one hand he has been awful for Everton, but on the other hand he still cares IMO and loves the club.

So let's be honest, we have a redundant board as it is and have done for years. Unless they simply sell off all the assets left - ie players, then there is nothing left to sell thanks to Bill and his mates already having done that.

As Esk has pointed out, if they are just buying shares then it's pointless. But I cannot see why anybody would invest 200M in a business in an expanding market and not further invest to improve it. We need to chill and see what they have to say first.

 

[Woolly Blue]

There is a rumour Kenwright is holding back 30% of his shares and will hand them over for nothing on competition of a new stadium.

Seems very unlikely that mate.

 

[bcblue1878]

Whoever takes over this great club must not only understand the 'history' but also the passion and difference the fans and indeed this club stands for. Yes its easy to say that every club has a core that thinks this, but we are different and I believe unique. Our performances over the last ten years have completely been against what the majority thought we would achieve. That's not once bit practically every season. Most of the time the media seem to be against us, look at us a mid table team that simply over performs more than others. To me, if someone is looking to invest in Everton, they do there homework, that provides the status of the club as much as the resaleable value and player assets. Evertons fan base is very different to that of many other clubs and if a party buys us on a ' how quick can we resell at a profit' angle, they will be in for a real shock and also have a huge audience/fan participation issue. I'm all for investment, but real investment that we can pay back on the pitch and over a period of time. For all that people have blamed Bill for, he has for me not only been our chairman but also out guardian. Get well soon and whoever buys us I hope you are the man that decides it.

To me the "investment, but real investment - over a period of time" bit is the key to this working! From what I can see Messrs M & N are not an American version of the Sheik down the M62, but more like a poor man's (in relative terms) of the Glazers. If I'm right this can only mean one thing, loading a whole load of debt on to "our" club which then has to be repaid. For me as a supporter I'm then thinking how much are they going to be investing in the future of Everton Football Club, i.e Players, Ground etc and how much is going to have to go into repayment of the debt, and can the income Everton Football Club generates now and in future satisfy both - at the same time making Messrs M & N a profit. Because at the end of the day the only reason they are trying to buy "a majority shareholding" in Everton is to make money for themselves!
This ain't a deal where we are going to be given a stadium like some we could mention, then some rich bloke(s) come in and give you £400m for naming rights and off we flippin' well go!
I hope somehow to be convinced that they are in this for the longer term, and I hope Bill K and others have been or are being convinced that they are as well before he signs on the dotted line! Interesting times!!

 

[Tubey]

Don't think Kenwright will simply sell his shares and walk away without a few guarantees.

On one hand he has been awful for Everton, but on the other hand he still cares IMO and loves the club.

So let's be honest, we have a redundant board as it is and have done for years. Unless they simply sell off all the assets left - ie players, then there is nothing left to sell thanks to Bill and his mates already having done that.

As Esk has pointed out, if they are just buying shares then it's pointless. But I cannot see why anybody would invest 200M in a business in an expanding market and not further invest to improve it. We need to chill and see what they have to say first.

Prepare to be surprised. It's a business acquisition - if I was buying something, I wouldn't give a toss about what the former owner wanted me to do with it; I paid for it, it's mine.

On top of that, Kenwright is a businessman, and has shown nothing beyond bluster to suggest he's in this for anything beyond a profit.

 

[Kev50]

Don't think Kenwright will simply sell his shares and walk away without a few guarantees.

On one hand he has been awful for Everton, but on the other hand he still cares IMO and loves the club.

So let's be honest, we have a redundant board as it is and have done for years. Unless they simply sell off all the assets left - ie players, then there is nothing left to sell thanks to Bill and his mates already having done that.

As Esk has pointed out, if they are just buying shares then it's pointless. But I cannot see why anybody would invest 200M in a business in an expanding market and not further invest to improve it. We need to chill and see what they have to say first.

Awful for Everton, ha. Go and tell the villa fans he's been awful for Everton, see their take on it