New Everton Owners: The Friedkin Group

[coollino]

Why you all celebrating like it’s VE Day?

What a forum of over reactive gherkins.

Someone hasn't looked at their profit and loss accounts in 2018, I see. Very very exciting

 

[coollino]

Any idea on who they will appoint as head of HR?

 

[TommyDavo]

Why you all celebrating like it’s VE Day?

What a forum of over reactive gherkins.

Got us all in a pickle

 

[Zatara]

He will AT but I think acquisitions will be modest. Perhaps £20 million on a couple of full backs? I dunno, I'm just guessing.

I can see quite a few bob being spent in the summer especially if PSR constraints are lessened with new rules and / or Branthwaite's sale.

A couple of shrewd signings would go a long way to moving us up the table.

It will be very interesting to see the profile of player that comes in and how much is spent.

I expect them to want to buy themselves into mid-table. Creating PSR space may mean a couple of players sold to Roma.

 

[Tommy.]

What's @Damo_1878 think of all this?

 

[MikeH72]

Hello friend, can you please explain "VE Day" so I can construct a robust and maybe foolhardy defense.

It means Very Exciting Day mate.

 

[Jokerdan]

Bob or No? there are only 2....

Don't forget 'Slim'....but, unfortunately, he's just ridden out of town

 

[DanB90]

Any idea on who they will appoint as head of HR?

Andy Gray

 

[ToffeeDevil]

are people good w the idea of retaining thelwell?

personally i think he's been a victim of our financial issues - anyone he's scouted/we've been linked to has done a job elsewhere

 

[Top_Balc_1]

First post on here good timing after the news today how are we all celebrating?

 

[Zatara]

are people good w the idea of retaining thelwell?

personally i think he's been a victim of our financial issues - anyone he's scouted/we've been linked to has done a job elsewhere

I hope he's given an extension & not only money for the first team but also so he can continue rebuilding the academy sides with imported quality players.

 

[Librarian]

 

[mikel_88]

So what do we think we can spend in January?

Wilo be able to spend wont be free to go crazy but will be more room wont really change untill this time next season

I want them to make us debt free and convert that to shares.

The fact they're not doing that and are also whining already about PSR doesn't impress me at all.

The debt situation as explained on another forum:

...based on the more reliable reports it might look like:

Pre-deal £450m Moshiri debt, £250m TFG, £210m A-Cap (ex 777), £200m RMF

Post deal £0 Moshiri (now TFG owned equity), TFG ?£100m? to be replaced by long-term secured debt vs stadium (rest converted to equity), A-Cap £200m with a payment schedule/potentially replaced by long-term secured debt v stadium, £200m RMF to be replaced by long-term secured debt v stadium

So potentially still a significant debt but consolidated with high quality lender(s) to TFG secured v the stadium and likely carrying interest rates c. 5% lower than at present easing the PSR burden as soon as in place. Correctly managed the debt burden should gradually reduce over time, particularly factoring in revenue growth at BMD.

In short: let's stop believing Santa Claus has just tipped up. That stadium is going to do an awful lot of lifting on behalf of TFG.

Are we more stable with this deal? Yes, unquestionably.

Has it relieved us of all liabilities so we can go on a spending spree? Has it bollocks.

Time for the giddiness to stop and a reality check.

Was never going to just come in and pay everything off and fix all the problems at once, if fair to question them as moshiri has shown us we cant give trust that easy again. But they have still done alot of postive things for the clubs we will have to wait and see what other things they do to help improve things. Look at newcatle just becuase you have money does not mean you can fix thinga by putting cash in, thijgs have changed. I agree with tou can be happy is a chance for a new owner who will atleast try and fix things unlike moshiri eho eas checked out but does not fix everything because we have new owners is still aloy of work to fix this mess

 

[Tommy.]

Well, as long as ole' rubber head says it's true.

 

[MisterJ]

Which surely is never correct. Other forum must be a magical place.

There are other forums?

Everton, spreading misery across the internet.