MSP Sports Capital

[BlueStevie35]

If they sign that contract after the transfer window shuts and we're short of players to be competitive they are on a hiding to nothing from day one.

Which is how Moshiri and Kenwright want it, heat passed off to somebody else

 

[davek]

Which is how Moshiri and Kenwright want it, heat passed off to somebody else

Yes.

 

[Walken]

Seen

Holy moly!!! Brutal

 

[TheFinnFan]

Maybe that's the problem?

how sly

 

[catcherintherye]

The whole premise of the supposed deal still doesn't make sense to me, when its taken in the context of MSP coming in and "taking over".
Unless I've missed something, the $165 million loan is a warrant, and will not be immediately converted to equity when the investment is formalised.

How, on that basis, they are meant to come in and get first dibs on the appointments of a new Chairman and CEO, is a mystery to me. They will clearly have some influence, but will be co-existing in a world where Kenwright, and now, Moshiri as a director, sit at opposite ends of the table, and very likely with conflicting aims and conflicting views.

This is then supposed to be how things will be for anything up to 2 years, whilst the stadium is completed supposing MSP launch further funding rounds in successive tranches.

For all this, to me, they might as well be buying into a chain of hotels as much as a football club.

And even in the absence of money, we desperately need a new direction at the club. New faces with experience and competency, to speak to us, and at least try to provide some assurances that in the end, everything will be ok. They are going to have an immensely tough job. I just don't see, at present at least, what's in it for someone like George Downing to come in as Chairman and oversee another 12-18 months of severe austerity. What's in it for him or someone else in that role as it stands when in their view, the existing culprits can take the flak until they sell up?

Bond holders (which is effectively what they are) often wield more influence than shareholders though. They have a more preferential claim on being a creditor, which may be a factor.

 

[ToffeeTim]

Why has this dragged throughout a transfer window?

Not helpful

 

[catcherintherye]

Why has this dragged throughout a transfer window?

Not helpful

Because between Moshiri, Kenwright and MSP none of them can get their act together.

 

[Toffe3m4n]

You'd have to doubt they were ever involved in the first place.
Nothing surprises me any more with this club.

Except that there's publicly available proof that they've already fronted a load of money...

 

[magicjuan]

how sly

Easily fixed though

 

[tommytowne]

Except that there's publicly available proof that they've already fronted a load of money...

Point taken, but as I enter my sixtieth year following this club, I feel qualified to endorse my second sentence in my post regarding nothing surprises me any longer about the club.

 

[Ferguson1878]

Except that there's publicly available proof that they've already fronted a load of money...

wasnt that a loan off that evertonain can’t remember his name

 

[Blue peter]

Why has this dragged throughout a transfer window?

Not helpful

Deliberately timed like that

 

[brieverton]

Why hasn't anyone asked Alan Myers about how this is progressing?

 

[MikeH72]

Why hasn't anyone asked Alan Myers about how this is progressing?

He messaged me to say we’re still hopeful a deal can get done at some point in the future. You haven’t heard this from me though *pulls down sunglasses and slopes back into bush*

 

[Rollo Tomassi]

Why hasn't anyone asked Alan Myers about how this is progressing?

We are in advanced talks with them and sources at Everton are confident it will get over the line.