New Everton Owners: The Friedkin Group

[Damo_1878]

It’s not me that should be worried

Oh by the way it’s you’re not your
You see I know things you don’t know

That's interesting

 

[Neiler]

Just seen the talks before about few in for naming rights and saying 25 mill a season, be great hopefully something that can increase in value. Csnt see any toyota talks until a takeover is finished but exciting that has been some interest

Over 10 years!

 

[Damo_1878]

Over 10 years!

Good spot @Neiler

 

[Brisan123]

That's interesting

You obviously had your fans hat on when you typed that and not your legal or business cap on

 

[Neiler]

Good spot @Neiler

£250 mill.

 

[Damo_1878]

£250 mill.

It'll help repay some of the loans from Friedkin at least.

 

[Brisan123]

We're not gonna get more than Etihad pay City IMO.

City had to be careful with all the related party sponsorship stuff

 

[Neiler]

It'll help repay some of the loans from Friedkin at least.

Believe the priority will be the paying down of high cost debt, we’l be restructuring on the ground to. Be a Hybrid of investment and restructuring!

 

[Brisan123]

So basically no where near your fantasy £70 million a season @ForeverBlue92 @PeregrineT

£40 million "boost" on GP. Which is total ca. £56 million a year

Not £70 million "or more"

Let's keep it realistic yeah?

Friedkins will be conservative in what they project and won't be lashing around 64,000 capacity equivalent revenues in their business plan

@Zatara
Quick someone has hacked your account

 

[Damo_1878]

Believe the priority will be the paying down of high cost debt, we’l be restructuring on the ground to. Be a Hybrid of investment and restructuring!

There will for tax efficiency reasons.

(Low interest) loans helping the club keep itself tax efficient

It's certainly going to be a better financial position for the club in two or three years.

Not fantasy economics and we won't be crazy spending based on fantasy revenues (see my post on last page)

But there is a viable business there. For sure with the high interest debts terminated

Green shoots of a business

 

[Neiler]

There will for tax efficiency reasons.

Loans helping the club keep itself tax efficient

It's certainly going to be a better financial position for the club in two or three years.

Not fantasy economics and we won't be crazy spending based on fantasy revenues

But there is s viable business there. For sure with the high interest debts terminated

It’s the best I think we can hope for given the circumstances and to be frank probably what’s needed, the club needs to wash its own face and starts with the business being viable again.

If TFG were to throw money around, statement signing and the like I’d be concerned.

We have a chance now to get back to ground zero, grow revenue to Villa, WHU and Newcastle levels, if we are savvy in the market, pick and commit to a plan and future direction of the team - we can be very hopeful of competing with those clubs on and off the pitch - then have a look up, be a year or two off mind and that’s getting things very right.

There is going to be a lot of moving parts on and off the pitch mate.

 

[Damo_1878]

It’s the best I think we can hope for given the circumstances and to be frank probably what’s needed, the club needs to wash its own face and starts with the business being viable again.

If TFG were to throw money around, statement signing and the like I’d be concerned.

We have a chance now to get back to ground zero, grow revenue to Villa, WHU and Newcastle levels, if we are savvy in the market, pick and commit to a plan and future direction of the team - we can be very hopeful of competing with those clubs on and off the pitch - then have a look up, be a year or two off mind and that’s getting things very right.

Incase anyone starts trying to argue with what I said about "tax efficiency" just because I posted it :

The club will take a loan from Friedkin Group or similar at low interest. Rather than post profits it will use any excess to repay said loan (keeping the revenue in the inter company business) and then reinvest said money without paying excess corporation tax. With further loans or similar

That's tax efficiency that all business directors should be aiming for @Neiler

Lots of options when you're not being crucified every year with loans to Rights and Media Funding at Bank of England base rate +5.5% !

 

[billypatrick]

Incase anyone starts trying to argue with what I said about "tax efficiency" just because I posted it :

The club will take a loan from Friedkin Group or similar at low interest. Rather than post profits it will use any excess to repay said loan (keeping the revenue in the inter company business) and then reinvest said money without paying excess corporation tax. With further loans or similar

That's tax efficiency that all business directors should be aiming for @Neiler

Lots of options when you're not being crucified every year with loans to Rights and Media Funding at Bank of England base rate +5.5% !

This doesn’t make sense. Loan repayments don’t go against profit.

Further, the club has been loss making for a number of years and so gets to carry forward these losses to offset against any future taxable profits. So it could be a while before the club has to worry about paying corporation tax.

 

[Lob]

Be nice if we get a surprise announcement that the takeover is complete earlier than was stated. Dying for the club to reset and start a new era.

 

[Vintage]

View attachment 275409