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Latest Takeover Rumour. The Moores / Noell one

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


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Someone on the Everton reddit seemed to know a bit more about his time at the Padres. He's replying to that blog article blaming him for their failure:

The Padres they were basically the worst franchise in Major League Baseball with a terrible stadium and had only been to the postseason once in the 25 years of their existence until Moore purchased them. After his purchase they went to the postseason 4 times (world series once and lost a one off play in game in 2007 that would have made the number 5) in the 18 years he owned them, not great but offers some perspective.

Additionally he was able to get one of the best stadiums in MLB built. The article attacks him for using public financing but that was basically done everytime a stadium was built in that time period. This actually seems to be one of the most successful ventures for team/city.

I don't know if this will be a good thing or bad thing but to say he singlehandedly ruined a baseball team is completely wrong. I would argue he took a floundering franchise and turned it around.

Petco is an absolutely fabulous place and should be to his credit

petco-park-panorama1.jpg
 
http://www.telegraph.co.uk/sport/fo...-takeover-talks-with-American-consortium.html

Everton optimistic of attracting investment following takeover talks with American consortium
The club are waiting to see if talks will lead to an acceptable offer from the investors, who are led by former owner of the San Diego Padres baseball team


Everton24_3534665b.jpg

Caution is accompanying the sense of positivity at Goodison Park Photo: GETTY IMAGES


By Chris Bascombe

7:15PM GMT 23 Dec 2015

Everton have never been more optimistic of attracting investment as they wait to see if takeover talks with an American consortium will lead to an acceptable offer.

The investors led by the former owner of the San Diego Padres baseball team, John Jay Moores, are considering whether to progress with a formal bid for the Merseyside club having been granted access to Everton’s finances.

• Louis Van Gaal storms out of Man Utd press conference

Caution is accompanying the sense of positivity at Goodison Park, however, with Everton officials refusing to make any public comment on what is being emphasised privately as ‘an ongoing process’ in the long-standing pursuit of financial assistance.

Everton have spoken to several interested parties this season, with the level of interest in the club intensifying during the course of the last few months. However, negotiations must advance significantly before the club can justifiably be described as on the brink of a takeover.

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Bill Kenwright has studied numerous takeovers across the Premier League

The Merseysiders do believe overseas parties are recognising the potential of the club, which is one of the most secure in the Premier League and is currently packed with some of the most coveted young players in Europe led by an aspirational manager.

Everton have suggested the interest in them has never been stronger, although supporters are understandably wary rather than enthusiastic as they await further developments. The club has been hopeful of investment on numerous occasions in the last ten years only for acceptable bids failing to materialise.

• Premier League January transfer window - five biggest deals

While interested parties conduct due diligence on Everton, owner Bill Kenwright is sure to carry his own stringent due diligence on any prospective buyer. It has long been established the current owner – for all the criticism he has received for failing to sell his shares – is steadfast in his determination to ensure he deals only with those who will share and protect the ethos of his club.

Roberto_Martinez_3533744b.jpg

Everton manager Roberto Martinez has been backed by the board

Kenwright and the Everton board have studied numerous takeovers across the Premier League and know how the lure of immediate, additional funds can lead to emotional but seriously detrimental decisions.

Everton pride themselves on how they have backed their managers with long-term strategies – both David Moores and Roberto Martinez experiencing an independence on the football side of operations which is the envy of their Premier League – and Kenwright will want such a legacy to remain intact.

Moores and his colleague Charles Noell were previously interested in Swansea City before turning their attention to Everton.

If they proceed with a deal, their immediate priority would be to resolve Everton’s stadium problem as well as formulate a fresh financial strategy to enable the club to consistently compete for a Champions League place.
 

I just hope if they do takeover they can successfully lead us to the world series pennant and add another page to our storied history. :coffee:
 
With a huge increase in TV revenue money from next season we could be forgiven for thinking that this sounds a bit like people wanting to cash in.

However it is difficult to envisage Bill selling to anyone other than people who are willing to properly invest in the club after all he has previously said on this issue.

That said, the stagnation needs to end, so a cautious welcome only from me to this development at this point until we hear what their plans are.
 
Well whoever buys us it will be purely business . Likelihood is they'll pay £200mill , raise another £100 mill debt , maybe put in another £100 mill themselves , and over 5 years or so try to get the value of the club up to £500 mill and sell on to the next Greater Fool taking their profit with them. New owners rinse and repeat. Which is fine as long as TV revenue , income etc keep rising and the value of the club rises accordingly and we must seem an attractive investment at the moment to somebody. The crunch will eventually come and the poor language removed will hit the fan when Sky stop spending silly money on the PL. For me it's a no brainier that we will have to go down this type of sale to an investor at some time , the old school philanthropic type of individual investors willing to put in their own money don't exist anymore on the scale now needed. Not sure if this one is the right investment package but whoever it is eventually , it will be years down the line before we really know if it has been successful or not.
 

They seem quite business savy, they will obviously have a plan. My real question is, do they have enough money to make us a regular top four club?

They're going to have to fork out 200m for the club, at least 100m for the stadium, we'd all like to see the debts cleared, finch farm brought back and then money invested into the squad. Realistically that'd all cost almost half a billion pounds.

I know not every takeover will be from a "sugar daddy" but over the last few months we've been reported to attract some serious interest. Bill finally looks like he's willing to sell. I can't help but think we could attract better investors.
 
If t
They seem quite business savy, they will obviously have a plan. I real question is, do they have enough money to make us a regular top four club?

They're going to have to fork out 200m for the club, at least 100m for the stadium, we'd all like to see the debts cleared, finch farm brought back and then money invested into the squad. Realistically that'd all cost almost half a billion pounds.

I know not every takeover will be from a "sugar daddy" but over the last few months we've been reported to attract some serious interest. Bill finally looks like he's willing to sell. I can't help but think we could attract better investors.

They're venture capitalists. They will grow the business to a point and then sell. Don't bank on anything long term with them. In order to do that they will need to invest in a new stadium/facilities and playing staff. So in summary they are a pair of sharks but on paper they look like the kind of people that will take us to the next level. What comes after that is another thing altogether. The chances of another Abramovich or Sheikh Mansour are very slim.
 

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