New Everton Owners: The Friedkin Group

[NeilMorepies]

Can I be the first to christen the name “Shithouse Capital Holdings Limited” for a couple of months time, for when we haven’t won the Champions League and the usual suspects start flinging their excrement around again?

 

[Nymzee]

Can I be the first to christen the name “Shithouse Capital Holdimgs Limited” for a couple of months time, for when we haven’t won the Champions League and thre usual suspects start flinging their excrement around again?

How can every single one of your posts be ridiculously boring

 

[pfim]

This is the same guy that said they bought Everton for £40 mill, how is that possible when they have paid of hundreds of millions of debt?

He doesn't understand finance, accounting or common sense.

 

[NeilMorepies]

How can every single one of your posts be ridiculously boring

It’s a skill lad.

 

[Delargeinho]

Absolutely, I want systemic long term management of the club and not just wild money thrown at the first team to a flavour of the month gaffer. From what Thelwell says and some of the appointments he has made that does seem to be his preferred approach in fairness.

Yeah, better that than Moshiri 2.0.
I know Mendes had a huge influence influence at Wolves. But Kev certainly had his part too with a squad that became 7th twice under Nuno.

Mendes also that at Valencia with a lot of money under Peter Lim and they failed miserably.

 

[Bryan+]

L

This is the same guy that said they bought Everton for £40 mill, how is that possible when they have paid of hundreds of millions of debt?

think that’s the gross value, versus the debt paid off - which the club didn’t actually own.

 

[Connor mcloud]

How can every single one of your posts be ridiculously boring

To be fair he's got his other "Aka,s" to work on too

 

[Furey1878]

The best bit of the news. Like a tumor successfully being removed.

Apologies to anyone who has lived through or lost anyone to something like that. But that is honestly what it feels like.

 

[Curtis]

I think patience will be required

PSR is going to make it difficult for them to do anything immediately I think

What’s within their control is getting the next managerial appointment correct and also making necessary changes to the youth set up so that it can start baring fruit in the next 3-5 years

In the short term I think we’ll still have little to spend, which is probably why Thelwell is sticking around because he’s got experience working on a budget

It’ll probably be a grind for a couple of years yet, but so long as the right decisions are being made we might have room for some optimism finally

Obviously we can't spend 150 million in one window but haven't we made significant progress in alleviating costs with certain high wage players leaving like gomes to having a net positive transfer window, shouldn't that afford us sone room to maneuver in Jan and especially the summer when a lot of contracts expire?

 

[Dad watched Dixie]

Do we know if he is coming in his spitfire on Sunday as I will be in the top balcony so hope to see him land

Apparently he is, towing his own banner saying 'Friedkin out'.

 

[Goat]

This is the same guy that said they bought Everton for £40 mill, how is that possible when they have paid of hundreds of millions of debt?

The debt probably hasnt been "paid off", its probably been moved.

Now its no longer accruing interest, but its probably still there somewhere.

 

[blue1948]

Restructuring of the debt and we are no longer at risk of going into administration is a great start, which would have probably happened already if Moshiri had sold out to 777. We are desperate for the good times to return. However we need to be realistic. In the short term they have put us financially on a stable footing. The next step is to appoint people to the board and managerial positions that will stabilise us and seek to grow us as a club and seek new commercial investment.
Lastly I think Dyche’s days are numbered. It’s not like we are in a position of strength in the table. The football is awful. I think they will look to bring in a new manager. I’m hoping it’s a young hungry manager, but one with experience. My preferred choice would be Nagelsman, working in tandem with a new DOF.

I agree a young hungry manager like Moyes or fat sam

 

[Curtis]

It gives me real hope that we will be run properly when you look at the CV of this guy .

He has real gravitas unlike Blue Bill who was good at errrr lying and putting on pantos

Don't forget the embarrassing pictures of him proudly taken in front of a framed everton surviving relegation news article

 

[pfim]

L

think that’s the gross value, versus the debt paid off - which the club didn’t actually own.

No one quotes the share value when you purchase a private company, it's the asset value.

He didn't buy the club for 40 million, that's absurd. It's like saying I bought a 500k house for 40k, because that's all the equity the previous owner had in it.

 

[ashwuk76]

The debt probably hasnt been "paid off", its probably been moved.

Now its no longer accruing interest, but its probably still there somewhere.

not on the balance sheet it isnt... its been turned into equity...