Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

Latest Takeover Rumour. The Moores / Noell one

Are you For or Against the idea of the possible Moores / Noell takeover ?


  • Total voters
    731
  • Poll closed .
Status
Not open for further replies.
Wayne Brady

waynebrady.jpg





and hopefully @b4sunryze is correct in his assessment of acumen and "caring".

while you Scousers might only look at Yank owners in the Prem, America has found owners of franchises to be a crazy mixed bag, from the Mark Cubans and Bob Krafts at the top to the "Dollar Bill Wirtzes" and "C. Montgomery Jacobs" towards the low end and worse...
 
Sidenote: I actually don't think investing in a stadium in the next 2-3 years is the best way to make money for EFC. Long-term yes we need a new stadium but you don't stop player investment at a time when you have your best squad in 30 years and a squad which the extra 5-10m p/a from a new stadium would be utterly helpless at recreating 10 years from now.

League finish and CL is worth vastly more than a new stadium. If we didn't have a bunch of 50m 20 year olds running around Finch Farm then sure we can do an Arsenal (only for us it would be a target of 17+ rather than 4+) and cut back on spending while we build the stadium.

At this specific time I doubt they could do anything to increase revenue that would be as effective as buying us our missing pieces and keeping this current team together. I just hope they can see that and don't just get blinded by a new fun project and start working on infrastructure right away. Oh and I also hope they aren't leveraging carpetbaggers too I guess but apparently pointing out the most likely outcome of this takeover is frowned upon.
 

Sidenote: I actually don't think investing in a stadium in the next 2-3 years is the best way to make money for EFC. Long-term yes we need a new stadium but you don't stop player investment at a time when you have your best squad in 30 years and a squad which the extra 5-10m p/a from a new stadium would be utterly helpless at recreating 10 years from now.

League finish and CL is worth vastly more than a new stadium. If we didn't have a bunch of 50m 20 year olds running around Finch Farm then sure we can do an Arsenal (only for us it would be a target of 17+ rather than 4+) and cut back on spending while we build the stadium.

At this specific time I doubt they could do anything to increase revenue that would be as effective as buying us our missing pieces and keeping this current team together. I just hope they can see that and don't just get blinded by a new fun project and start working on infrastructure right away. Oh and I also hope they aren't leveraging carpetbaggers too I guess but apparently pointing out the most likely outcome of this takeover is frowned upon.

Why do some people think it's an 'either/or' situation? Why do some people think if there's investment in a new stadium, there wouldn't be any money spent on players? This is a baffling way to think. 'Either/Or' might happen under Kenwright and co., but the new owners are significantly richer. Kenwright has an estimated personal wealth of £33m. John J Moores personal wealth alone is estimated at £500m.

A new stadium is VITAL for us to kick on as a football club.

If you don't believe that now, you will in 2 or 3 years' time when both West Ham and Spurs are in new stadiums and are both powering ahead of Everton.

And this idea that the new owners are 'carpetbagging leveragers' is INFURIATING!!! What exactly do you think Kenwright and co. are??? They've mortgaged everything we own to finance the club! We don't even own our training ground. We don't even own land on the immediate footprint of Goodison Park, which is what stopped the Goodison Place development being built 5 years ago.

The new owners can't be 'carpetbagging leveragers' because there is literally nothing to leverage debt against.
 
... because there is literally nothing to leverage debt against

We currently borrow against future revenues. I'm no financial expert, but the main concern I have about any future owners is that they might either continue to do that, or even expand that model. I stress the word might, because I don't think they'll actually do that, but until we see their plans we don't know, so I'm keeping an open mind on the situation.
 

We currently borrow against future revenues. I'm no financial expert, but the main concern I have about any future owners is that they might either continue to do that, or even expand that model. I stress the word might, because I don't think they'll actually do that, but until we see their plans we don't know, so I'm keeping an open mind on the situation.

We borrow against future revenues to keep the club solvent, because the current majority shareholder isn't rich enough or business-savvy enough to finance the club himself , and the second largest shareholder is basically a silent partner that hasn't invested a penny in the club since buying Paul Gregg's shares 10 years ago.

I'm all for keeping an open mind and even sitting on the fence, but the idea these fellas are going to spend £200m, then do absolutely nothing, pocket loads of money and essentially run the club into the ground whilst not solving the stadium problem and seeing the club decline until it loses it's Premier League status is quite frankly ludicrous.

And the track record that Moores has is that he builds a new stadium. He's done it once, which is once more than Bill Kenwright.
 
I'm all for keeping an open mind and even sitting on the fence, but the idea these fella are going to spend £200m, then do absolutely nothing, pocket loads of money and essentially run the club into the ground whilst not solving the stadium problem and seeing the club decline until it loses it's Premier League status is quite frankly ludicrous.

Not sure anyone thinks that will happen. More an air of "what if" I reckon.
 

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Back
Top