Latest Takeover Rumour. The Moores / Noell one

[mmmmsnouts]

Whose your 3 mate?

Michael Bradley
John Brooks
Fabian Johnson
maybe Christian Pulisic

(this should be in another thread)

 

[daza_1973]

Cannot wait for the fume on here when the new owners seek to increase maximum exposure by signing another American player next year.

The melt will be phenomenal.

Cobi jones player manager - nailed

 

[USABlue]

Michael Bradley
John Brooks
Fabian Johnson
maybe Christian Pulisic

I'd agree. Yedlin could be alright backup for seamus but that's it. Only one I could see getting the 11 is Johnson on the left midfield

 

[VentureBrosEFC]

Fabian Johnson come on down

Yedlin would also be decent COVER for rb until jonjoe kenny gets up to this level.

 

[hibbo'sclass]

They'll offer 2 kitkats and a curly wurly, and then the fume will erupt

Is that 2 finger, 4 finger or Chunky KitKats mate?
Are flavours involved or merely original?
We need the detail, not speculation.

 

[n01efc]

Sorry if this hs already been asked by why did Swansea's fans turn down the opportunity of these American investors buying into Swansea- I heard from a Swansea fan it was because they wanted to take a loan out against the club and only reinvest part of it. Anyone have any information?

 

[Zodiak2]

They'll offer 2 kitkats and a curly wurly, and then the fume will erupt

Ahh the old curly wurly "gag". Are people still doing that FFS

 

[Jimmy1]

Is that 2 finger, 4 finger or Chunky KitKats mate?
Are flavours involved or merely original?
We need the detail, not speculation.

If its a peanut butter chunky one then its a done deal in my eyes. Just ran out of them in the works vendy.

 

[b4sunryze]

I'm suggesting that as a majority holder of equity, buy not the sole holder, he is less likely to provide working capital desperately needed in the business, and that as a result the only option would be debt.

As a separate issue, is the issue of how he funds the acquisition - I am assuming he has the cash resources to pay the acquisition cost at least - alarm bells would ring significantly if he funded the acquisition through debt. The reason being of course is that Everton require significant capital injection over and above the acquisition cost.

In relation to funding year to year activities then that depends upon the state of the balance sheet post acquisition and there Capex requirements plus their ability to increase revenues. We will only know that when a business plan is produced.

Agreed I like your depth of thinking. Personally, I think between him and Charlie Noelle they've got enough personal networth to purchase Everton outright. But if they don't or if they want to spread the risk by involving other limited partners, John Moores is well connected to a lot of high-net-worth individuals not only in the Sports world but especially in the High Tech and Software world he could potentially tap as investors. When Moores purchased the Padres in 1995, he only purchased 80% of the team, the other 20% were minority investors or existing owners.

As far as Moores' commitment as an owner, I know his preference is for the team to stand on its own two feet (be self-sustainable), however he's dipped into his own pocket when the team needed to as he did back in 2008 (forbes article): "The San Diego Padres are being squeezed by their debt service on Petco Park. The team financed $173 million of Petco Park's $285 million cost and owns 30% of the stadium. But non-baseball events have been slow to come to the ballpark, and last season's budget included a reported $14 million cash contribution from owner John Moores. The Padres will probably need more capital calls to increase their player payroll. For the past few years Moores has used his own money to build the franchise, investing in a baseball academy in the Dominican Republic, improvements to Petco Park and a bigger bonus pool for amateur talent."

In terms of "significant capital injection," I'm assuming you're referring to capital for a Goodison Park redevelopment or a new stadium initiative? That's what JMI is good at which is finding creative solutions to fund-raising. As a Private Equity firm that has a Real Estate development arm they have connections, the experience, and most importantly the skill set and knowhow to figure out complicated matters that involve local politics, business, and real estate - let alone fundraising. The Stanford Business Case Study highlights the creativity needed because San Diego tax payers did not want to pay for the entire bill for a new stadium. Moores and JMI figured out a real estate solution, where the stadium was paid in large part by taxes paid by tourists staying at the new hotels being developed around the downtown area (Just look at the before and after pictures to see the impact).

The other big thing that I'm sure no one on this board is aware of is that John Moores was incredibly influential (he garnered respect and a great partnership with baseball's commissioner Bud Selig) and part of the vocal minority that spoke up and demanded revenue sharing within Major League Baseball. Moores fought for the smaller markets like San Diego, he fought for a luxury cap and revenue sharing so that the bigger clubs like the Dodgers, Yankees and Red Sox couldn't get away with outspending their smaller market opponents without some penalty. He was ready to sit-out and protest back in 2000 if Baseball didn't work towards better competitive balance and parity. Unlike the NFL or the NBA, Major League Baseball is more like the world of football/soccer in that there are no spending caps or limits. So Moores has dealt with a more similar economic environment than say an owner without any prior sports ownership experience. Read this New York Times article for more details.

 

[Foot Long Hot Dog]

Is that 2 finger, 4 finger or Chunky KitKats mate?
Are flavours involved or merely original?
We need the detail, not speculation.

I think the initial low offer would be a single 4 finger

With their negotiating position being to settle for a 6x2 finger multipack conclusion

 

[OKEvertonian]

Michael Bradley
John Brooks
Fabian Johnson
maybe Christian Pulisic

(this should be in another thread)

Wouldn't have minded Miazga as the fourth option at CB, but Chelsea had to go and take him.
But Hopefully the development of Galloway, Holgate, Browning and even Foulds, will. More than offset that.

 

[Foot Long Hot Dog]

Ahh the old curly wurly "gag". Are people still doing that FFS

Yeah me mate.

Throwback me lad

 

[Elong]

So is it on?

 

[zirc]

Cobi jones player manager - nailed

reckon this guy could do a job as goalkeeper coach

 

[ilikecheese]

I'd take Yedlin as RB cover

Yedlin is a terrible right back. He was moved to a winger position by club and country until he moved to Spurs. He's been largely awful as a defender for Sland.