MSP Sports Capital

[The binman chronicles]

Sorry I mean we will rent it.

I knew what you meant mate

My answer was based on that, works the same. Why would Everton potentially rent and pay millions of pounds per season to rent a stadium and in doing so we are handing over money to cover the owners loan + interest + operating costs + profit which would of course be more than what we were intending to pay) if the return is also limited by the stadium owner taking most of the benefits of moving (profits from any concerts - naming rights and so on). It wouldn't make Everton worth more unless the buyer can do a deal to takeover the stadium at the same time.

In that case it would make far more sense to stay at Goodison where we have nothing to pay out. Or by saying that to them it would force the stadium company to lower their demands and in which case it doesn't make good business sense for them where you can be bent over a barrel to that extent.

 

[catcherintherye]

With what money. Think they were banking on the MSP deal to fund us in the market

It's more MSP had the credibility to get a loan from JPM for the stadium.

 

[Tramps_mate]

Well, well, well, it would seem we have managed to goose it yet again.

Good riddance to MSP.

However links back to 777 are even worse!!

Surely Jim Radcliffe can see the potential in Everton!!

 

[matty1878]

Its over matty, we are circling the drain here.

so we need a saviour? like before administers?

 

[Exeter_Gently]

Where is Carlin now?...horrible maggot

 

[Number_25]

so we need a saviour? like before administers?

Nobody knows. Anyone who says they know is lying.

 

[Goat]

Nobody knows. Anyone who says they know is lying.

Nobody knows what mate?

 

[Number_25]

Nobody knows what mate?

Exactly

 

[Victus]

Nobody knows what mate?

the trouble i've seen

 

[Goat]

Exactly

????

 

[john jako]

Am a football scout and not a footballl accountant so my views might not be correct.

I think we’re fooked.

 

[blueconverse]

Who we supporting when we go bust? I'm practicing now by calling people "ar kid" and getting a cagoule

 

[jazzy]

A leveraged buy out will not be possible.

An oil state one would be. Or a takeover where they bought the shares of FM (which may not be oil states).

Debt related takeovers like MSP wont work.

I agree . If anything this development makes it more likely that there will be a complete takeover of Everton. Moshiri will not be in a position to charge a premium upon his shareholding or even recover full value ( whatever that is now ) or what he has invested.
I agree with you that a leveraged buy out won't work. Everton with a soon to be new stadium could be acquired relatively cheaply and represent a decent investment opportunity.
I think that the Oil states may be interested.

The major problem in the short term is that there will be no money spent on new signings and we may even see more sales without reinvestment in players to plug any funding gap on the stadium.

Very turbulent times ahead.

 

[Goat]

Who we supporting when we go bust? I'm practicing now by calling people "ar kid" and getting a cagoule

I know you are joking, but nobody, it will just be a relief to watch the sport of football, watching as it eats itself with greed and it no longer having its death hold on my emotions.

Without Everton, football would bring me nothing but joy.

 

[Exeter_Gently]

Eh. Spend 500 and it’s worth 700.

Welcome to America.

Any idea what happens in the short term?