If there is one constant from Everton in the last 5 years it’s that when you really think they’ve hit the bottom of the barrel and cannot possibly get any lower, the club then starts digging under it.
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Fortunately, the crooked ball bag who set up signed off of both Vibrac AND rights and media is no longer around to wet his beak on those kinds of deals.
I guess poor Jenny will have to get by with the tens of millions from his sale of shares to Moshiri, and if they get a bit tight, sell of his remaining shares (circa 7m)
Blue peter
Player Valuation: £35m
All this speculation about MSP is giving me PMS
AndyC
Player Valuation: £70m
In a nutshell Tommye, you are bang on
The grey area is whether MSP/Andy Bell actually want to take control of the club.
Conversely if MSP did take up the option and it is an option, they would swap places with 777, given that, 777 now have to pay MSP, MSP would have to pay back 777.
MSP would also have to go through; the PL fit and proper person test, but that is unlikely to be an issue, given their portfolio, however the PL would have to enforce the exact same conditions on them as they did with 777 I.e. gaurentee of working capital and stadium funding.
The choice for MSP would be whether they would want to take that on or not as it’s a big, big cash call and they would be in deep.
If MSP did call in the option, then it values the club at £310 mill odd, weirdly Moshiri wins as though he would loose control of the club, his shareholding would have a nominal value of £150 off million - weirdly more then he will get from 777 for his full shareholding.
If I didn’t know how incompetent he is, one might suggest this is by design……
OnlyTheBestIsGoodEnough
Player Valuation: £1.5m
Yes, it does seem that way, MSP get a controlling stake in Everton for the £140 million loan they gave Moshiri with the option to pay a further £130 million for the rest of his shares and Moshiri gets the preferred option he wanted to start with before R & M blocked the initial 25% stake
I genuinely think they won't fancy it.In a nutshell Tommye, you are bang on
The grey area is whether MSP/Andy Bell actually want to take control of the club.
They never wanted a full takeover in the first place if my memory serves me right? Especially after looking under the bonnet and if anything it's got considerably worse since they last checked.
Tony’s Carp
Player Valuation: £50m
But then the question is can R&M block this too? Would they need to be paid off too?
pfim
Player Valuation: £40m
Their end game was a controlling stake.
OnlyTheBestIsGoodEnough
Player Valuation: £1.5m
I don't think they can this time due to the conditions of the loan unless they want to pay off the MSP loan themselves also worth mentioning is 777 won't need to be paid back until other debts are paid off i.e. R and M and metro first
So it looks like Moshiri is a genius accountant after all...the little scamp.
Who are PMS and how much are they worth?
Genius
pfim
Player Valuation: £40m
They're a raggedy group from down under.
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