Moshiri... return on money invested.

[blueblue]

Moshiri has pumped a lot of money into the club and there is a presumption that most of this has now been lost.
The Covid pandemic has changed football completely and certainly for the short to medium term. I just don't think football will be getting back to the way it was pre pandemic for a long time no matter how many vaccines we all get.

But, hidden in this mess, there is a lot of positivity for Everton and Moshiri.

The approval of planning for the new ground is massive. The impact that an iconic new stadium in a soon to be fashionable part of the city will be huge for global awareness and club value.

The appointment of CA has taken us from relegation possibles to CL contenders, albeit outsiders in that race.

The appointment of the manager and his success with his players has increased the worth of the squad by an enormous amount.
Holgate, Keane, Godfrey, Digne Davies, DCL, Richarlison are now worth probably in excess of 200m more than what we paid for them. Very few players have lost value this season and at the same time a lot of the excess unwanted players have finally left the club.

Still a work in progress but I think Moshiri may be looking at his investment now with a less jaundiced eye than before.

 

[larbert toffee]

Good post BB, hopefully Moshiri was shrewd enough to look at the big picture and be in for the long haul, I don't honestly think these business guys worry about the ups and downs on the way to a target, his eyes are on the prize of a new stadium and all the frills that come with it, who knows he may have become sentimentally attached but he may we'll take stock once we are settled at BMD.

 

[Tipp blue]

Moshiri has pumped a lot of money into the club and there is a presumption that most of this has now been lost.
The Covid pandemic has changed football completely and certainly for the short to medium term. I just don't think football will be getting back to the way it was pre pandemic for a long time no matter how many vaccines we all get.

But, hidden in this mess, there is a lot of positivity for Everton and Moshiri.

The approval of planning for the new ground is massive. The impact that an iconic new stadium in a soon to be fashionable part of the city will be huge for global awareness and club value.

The appointment of CA has taken us from relegation possibles to CL contenders, albeit outsiders in that race.

The appointment of the manager and his success with his players has increased the worth of the squad by an enormous amount.
Holgate, Keane, Godfrey, Digne Davies, DCL, Richarlison are now worth probably in excess of 200m more than what we paid for them. Very few players have lost value this season and at the same time a lot of the excess unwanted players have finally left the club.

Still a work in progress but I think Moshiri may be looking at his investment now with a less jaundiced eye than before.

We never were.

 

[Thomasc]

Carpet bagger apparently

 

[PaulPowersTash]

Moshiri has pumped a lot of money into the club and there is a presumption that most of this has now been lost.
The Covid pandemic has changed football completely and certainly for the short to medium term. I just don't think football will be getting back to the way it was pre pandemic for a long time no matter how many vaccines we all get.

But, hidden in this mess, there is a lot of positivity for Everton and Moshiri.

The approval of planning for the new ground is massive. The impact that an iconic new stadium in a soon to be fashionable part of the city will be huge for global awareness and club value.

The appointment of CA has taken us from relegation possibles to CL contenders, albeit outsiders in that race.

The appointment of the manager and his success with his players has increased the worth of the squad by an enormous amount.
Holgate, Keane, Godfrey, Digne Davies, DCL, Richarlison are now worth probably in excess of 200m more than what we paid for them. Very few players have lost value this season and at the same time a lot of the excess unwanted players have finally left the club.

Still a work in progress but I think Moshiri may be looking at his investment now with a less jaundiced eye than before.

Thats, what proper investment with a world class manager does for a club.
If you look at the American model of taking money out: The Glaziers have taken circa £169 million out of United in the last 5 years.
Arsenal with Kronke's 'Consultancy Fees' have taken out £101m over the same time period. FSG have taken £50 million out of Liverpool in the
last 2 years alone. They are not investing in their clubs at all - infact the exact opposite. This means that the real free cash flow to repeatedly
invest in the squad season after season is simply not there. It has been trousered by the owners. If you invest in cycles, therefore the
success comes in cycles (if they are lucky). This why I have to laugh when people say 'City have a £50m player for every position'. Yes we do.
But's that's because we have spent the £50m on a world class player each season and not taken it out of the club as above. Do this for 5, 6, 7 or 10 years
and your squad becomes extremely powerful. So again, when people say 'City have the biggest squad' what they really mean is that City have the deepest squad due to the above. Abramovich has invested in Chelsea instead of taking money out and their trophy count is extremely impressive. The same at City and if Moshri continues to invest in Everton, and all of the signs are that he will, with Ancelotti in charge the success and trophies will come because the business model is proven. As you say with a good manager and top class coaching the players actually increase in value over time and not the opposite. The end result of it all is that the value of the club overall increases dramatically and the success of being regulars in the CL delivers cash and profit and the cycle repeats and becomes sustainable. With Ancelotti in charge along with the move to your new ground and the continued investment from Moshri the future for Everton is bright. Very bright indeed. However, that bright future isn't down to luck or happenstance or just having bags of cash available. Its down to good business by people who are commited and looking for a longer term return on investment rather than a short term cash cow.

 

[catcherintherye]

Thats, what proper investment with a world class manager does for a club.
If you look at the American model of taking money out: The Glaziers have taken circa £169 million out of United in the last 5 years.
Arsenal with Kronke's 'Consultancy Fees' have taken out £101m over the same time period. FSG have taken £50 million out of Liverpool in the
last 2 years alone. They are not investing in their clubs at all - infact the exact opposite. This means that the real free cash flow to repeatedly
invest in the squad season after season is simply not there. It has been trousered by the owners. If you invest in cycles, therefore the
success comes in cycles (if they are lucky). This why I have to laugh when people say 'City have a £50m player for every position'. Yes we do.
But's that's because we have spent the £50m on a world class player each season and not taken it out of the club as above. Do this for 5, 6, 7 or 10 years
and your squad becomes extremely powerful. So again, when people say 'City have the biggest squad' what they really mean is that City have the deepest squad due to the above. Abramovich has invested in Chelsea instead of taking money out and their trophy count is extremely impressive. The same at City and if Moshri continues to invest in Everton, and all of the signs are that he will, with Ancelotti in charge the success and trophies will come because the business model is proven. As you say with a good manager and top class coaching the players actually increase in value over time and not the opposite. The end result of it all is that the value of the club overall increases dramatically and the success of being regulars in the CL delivers cash and profit and the cycle repeats and becomes sustainable. With Ancelotti in charge along with the move to your new ground and the continued investment from Moshri the future for Everton is bright. Very bright indeed. However, that bright future isn't down to luck or happenstance or just having bags of cash available. Its down to good business by people who are commited and looking for a longer term return on investment rather than a short term cash cow.

And you know, when you boil it down, there's nothing wrong with the above. In the football world, we view things very simplistically like good or bad owners via transfers made. And someone it's evil to invest in your club to spend money (which is bizarre, as normally investing into an industry helps said industry).

But look at each of those. The Glaziers have grown United's brand commercial performance and value multiple times over. I've had look, they have trebled the revenue in 15 years. I know people get fixated on the interest payments, but as a whole picture, they've delivered for United and then some. Had United stood still from 2005, not paid them any fees but maintained the same turnover without the commercial nous from the Glaziers they would have a turnover broadly comparable with Everton's now. So if the fee for the Glaziers to keep the outstanding growth going, it was probably worth paying.

Look at Liverpool, dragged them from the point they were on the brink of going bust, and probably getting relegated to league champions. So if over the next 2-3 years they want to squeeze money out of it, they have earned that right. Again, revenues have grown massively and more quickly than even United.

City, they've pumped a huge amount in, and ultimately gambled that say a 1bn spend could make them a super club, and it has done.

Moshiri-Everton maybe he feels, if there is an investment of say 1bn+ he can build another comparable super club worth 2bn or whatever. And maybe United and Liverpool's owners just don't look at their respective businesses and see that level of growth now available for them, so scale back a bit. That's all fairly standard investing strategy.

What I don't think United/Liverpool fans ever get is the concept of an under-performing asset, which both on their own ways City and Everton were. Whereas United and Liverpool were and are examples of over performing assetts. Nobody is going to launch a load more money at either, as there's not much further they can go in growth terms- they are now at a sweet spot. Whereas City/Everton you could see there is the tradition, history, rooted fanbase that makes you see with an investment of x you could probably get 1.5 x out plus the natural inflation that comes. It's a much more logical gamble.

All of this get obscured though in the context of how football ownership is discussed, and the concept that shareholder investment is wrong, or in some cases akin to "doping".