Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

New Everton Owners: The Friedkin Group

What do we reckon?

  • 👍

    Votes: 853 72.7%
  • 🤷 | 🧀🥪

    Votes: 277 23.6%
  • 👎

    Votes: 43 3.7%

  • Total voters
    1,173
I barely ever check in on this thread now because there's maybe one post of new information in 30 pages and 10 pages worth of Damo posts calling people out, tagging random people, telling us that he knew everything all along (but just didn't want to tell anyone else), telling someone they can't censor him while he attempts to silence other, randomly saying he's "not bothered" or posting the same Dumbledore gif. It really is ruining this thread.
Not just the thread it’s ruining the actual takeover
 
If GOT were a movie, which actors would play which posters? (Sorry bored)
Damo:
IMG_0935.webp
 
Last edited:

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% !
How do you know the club will take a loan from the Friedkin group or similar ( whatever that means )
Has this been stated anywhere ……….or did the esk tell you
 
How do you know the club will take a loan from the Friedkin group or similar ( whatever that means )
Has this been stated anywhere ……….or did the esk tell you

It was an illustration of a tax efficiency investment plan to @Neiler

Do me a favour stop replying to stuff from 24 hours ago? Things have moved on and it makes it look like I'm monopolising the thread
 

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
Nobody knows what revenue we will get from BMD
It’s all guesswork and conjecture
Until it’s up and running it’s all they can do.
Apple Microsoft or someone else might come in with crazy money for naming rights
Some of it is educated guesses others it’s just lads pulling numbers out of their back passage to make themselves seem knowledgeable and important
 
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.
Don’t see why you’re surprised it doesn’t make sense
 

Welcome to GrandOldTeam

Get involved. Registration is simple and free.

Back
Top