New Everton Owners: The Friedkin Group

[allen]

Albeit hilarious, what does it matter?
TFG are just twiddling their thumbs despite all existing evidence.

We have no idea what they are doing.

Because you can’t see it doesn’t mean it’s not happening.

Why do so many find this so hard to grasp?

 

[badloaf]

Yeah, im not really liking what im seeing from the tbh.

Especially looking into the Mourinho situation at roma. €130 spends first season, €9m the second and €17.5 the season after. Sacking him over a tax break being removed to save money. Even though he was 5pts of CL spot and the fans loved him and hed got them back to back European finals.

Think we need to understand these guys are investors and they are just looking for a return on their investment.

That’s every club owner, not just ours. It’s not a sport, it’s an industry.

 

[Bluewolf]

Based on what?

What they've done at roma, not actually implementing a real board and not sorting out the issues with the manager and DoF. The fact that were still in debt and they're more then likely going to put debt onto the stadium.

Thise are my personal issues with them

 

[siddharth]

From what I can see they are pumping massive amounts of cash into the club.

Hardly twiddling their thumbs.

Be reasonable, they have had to pump massive amounts of cash into the club. When the onus is on them, they have pledged to push our club forward as soon as possible. What would you say is a good last season at goodison?

 

[sam17]

When a parent company like Roundhouse Capital secures additional funding from shareholders (£289 million in this case) and issues new shares (684 million), it is typically part of a strategic financial manoeuvre. Here’s why this might happen:

1. Debt-to-Equity Conversion

The funds raised could be used to convert existing debt into equity. This improves the balance sheet by reducing liabilities and increasing equity, which strengthens the club’s financial position.

Debt-to-equity conversions also help comply with financial regulations, such as those set by the Premier League regarding the ratio of debt to equity.

2. Financial Restructuring

Issuing new shares provides a way to bring in fresh investment, either to:

Inject much-needed working capital into the club for operational costs, transfer market activities, or infrastructure projects (e.g., the ongoing construction of Everton’s new stadium).

Replace high-interest debt with equity, reducing the financial burden on the club.

3. Compliance with Regulations

The Premier League has tightened rules regarding shareholder loans and financial stability. Raising funds through equity rather than loans helps Everton align with these rules. (Didn’t the forest chairman recently do this too?)

4. Stadium Completion and Strategic Investment

Everton’s new stadium represents a significant financial outlay. The additional funds and equity raised could be directed towards completing this project.

Funds could also be allocated for long-term strategies like enhancing the squad, academy, or commercial operations.

Positive in my view

Good post, clearly explained.

My assumption would be, Moshiri's old shares converted to equity, new cash generated to repay the RMF and A/Cap loans and the final trench of the stadium

 

[allen]

If we don't have a decent cup run this year, it is squarely at the feet of TFG. Chalk one up to bad management.

Sure, they got Everton to where they are today and not a series of terrible decisions over a generation.

All the fault of the lads that have been there 3 weeks.

 

[siddharth]

We have no idea what they are doing.

Because you can’t see it doesn’t mean it’s not happening.

Why do so many find this so hard to grasp?

It is the same with them, we don't have to pretend that we have been bad starting only last week.

 

[allen]

It is the same with them, we don't have to pretend that we have been bad starting only last week.

I have no idea what these words mean.

 

[Goat]

Be reasonable, they have had to pump massive amounts of cash into the club. When the onus is on them, they have pledged to push our club forward as soon as possible. What would you say is a good last season at goodison?

Currently?

Staying up is our only concern, that's the reality.

We ain't winning the FA Cup.

 

[Bluewolf]

That’s every club owner, not just ours. It’s not a sport, it’s an industry.

Man city, newcastle, Chelsea, villa, forest, Bournemouth thats in our league are all pushing the club forward and not intrested in a return on their investment

 

[siddharth]

I have no idea what these words mean.

TFG have has considerable amount of time assessing the situation before they got in the bed. We didn't suddenly turn into curdled milk during the bournemouth game.

 

[Exeter_Gently]

Albeit hilarious, what does it matter?
TFG are just twiddling their thumbs despite all existing evidence.

With all due respect you're absolute bottom feeder like the rest of us.

You've got no clue what's going behind the scenes.

 

[siddharth]

Currently?

Staying up is our only concern, that's the reality.

We ain't winning the FA Cup.

Winning the cup is not the same as having a decent cup run. Convincing ourselves that the team is crap is not going to get us anywhere.

 

[billyblue80]

Three games at Goodison in the next 10 days or so. If we win them all he stays for a little while longer, if we lose tonight he's gone, if we win tonight but fail to to win both of the home league games he's gone.

None of that should matter he should be gone as soon as they find a replacement. He is done. Its just delaying the inevitable

 

[Thomasc]

If we don't have a decent cup run this year, it is squarely at the feet of TFG. Chalk one up to bad management.

F absolute FS!