New Everton Owners: The Friedkin Group

[Dwight K Schrute]

Ok, maybe I'm taking some liberty here but just so we're on the same page I'm going to interpret what you've written and see where we are



So you don't actually know what TFG is planning to do, just reading the tea leaves?



For lack of direction, they've cleared up the finances and appointed a new board member with executive authority to run the club. Presumably Dan will have a significant role on the board, so that's at least 2 members added. And if you're correct in suggesting they want to see out Dyche's contract then that's pretty clear as well. Concerning recruitment, I presume not firing Thelwell means they're ok with him staying and continuing with regard to recruitment... which direction is lacking? Are we drinking the same tea?



Well, they did restructure the debt prior to buying the club, arrange a friendly with Roma, and then after buying the club they've restricted the debt again in a very favorable way (this appears to be what The Esk suggested but I haven't read the accounts myself. I've never run a multibillion dollar organization (nor a multimillion dollar org like Everton) but that seems like a reasonable start to things.



I know people want to hear positive news but sometimes there's just not much to say. At any rate, after the last guy I'm in the mood for silent owners who simply act and don't talk about all of their hard work. But I'm sure there are some who miss the days of, "Evening, Jim..."

Well, we'll have to agree to disagree. They've made a terrible start. They have a lot to do.

 

[Blue peter]

That sounds like a cunning plan

As cunning as a fox appointed professor of cunning at Oxford University

 

[blueconverse]

Outbid by Ipswich. Well in lads. Making a huge difference

 

[PeregrineT]

Outbid by Ipswich. Well in lads. Making a huge difference

I wish we were outbid for Bolasie...

 

[jinkyali]

He getting sacked after Peterborough, did no one else watch the presser, that was his basically saying bye

Peterborough game a send off?

 

[Neiler]

Hello !

 

[Clarky cat]

You get the feeling he doesn't even change his undies.

Nothing has the “smell” or the “feel” of an “experienced” pair of undies

 

[maccavennie]

Hello !

What does that mean mate?

 

[Drico]

Hello !

That'll be the first installment on Jose's salary, then...

 

[Goat]

What does that mean mate?

Nobody knows.

But I for would like to say "Welcome Lionel".

 

[ETID]

Nobody knows.

But I for would like to say "Welcome Lionel".

Ritchie?

 

[Drico]

Ritchie?

Blair.

 

[Neiler]

What does that mean mate?

The Friedkins have pumped that money into the holding company for the club mate, presumably for the club as its, it’s only function.

Whats it used for I’d guess, the stadium fit out, clearing debt, covering some losses and probably some working capital for transfers etc.

 

[SerenityNigh]

The Friedkins have pumped that money into the holding company for the club mate, presumably for the club as its, it’s only function.

What it used for I’d guess, the stadium fit out, clearing debt, covering some losses and probably some working capital for transfers etc.

Oh, more money is it? Is that all owners think they can do? Don't they have ideas? Grand visions to declare to madding crowds?

"They've made a terrible start. They have a lot to do."

 

[Clarky cat]

The chairman was from within their existing business though, just shuffled over. No one from outside been brought in yet at any level.

Interviews, second interviews, contract negotiations, nda’s, notice period. These are all very routine in business and not forgetting other businesses don’t tend to like losing their best employees and will be countering. I’m sure they are much further along the process than initial interviews and hopefully they are going after people who can excel at the club rather than appointing people who are available earlier.
It seems very similar to how they are dealing with Dyche, hopefully the club has sentient adults in the building at last. The club is amateur hour, it hasn’t been able to stream a live preseason game without an issue for over 5 years ffs. I imagine the new owners can’t believe just how bad this business has been run and how deep the rot has set into it