New Everton Owners: The Friedkin Group

[matty1878]

it’s allowed for me!

 

[Toffeeslam]

i have and squeezed her bum and boobies

Glad you fixed the puncture Matty

Warms my Heart

 

[bluestevon]

Glad you fixed the puncture Matty

Warms my Heart

Spat my beer out...

Seriously though god bless Matty his hearts in the right place and he's a good blue.

 

[tommye]

Spat my beer out...

Seriously though god bless Matty his hearts in the right place and he's a good blue.

 

[billypatrick]

I'm not an "employee".

Thanks for your concern



Correct. This was about retaining money in the group entities to maximise investment whilst being tax efficient. That was all.

I appreciate the wording used wasn't clear but as the previous concerned poster said, this is just a message board not board meeting minutes or a business plan.

Some great posters on here like @billypatrick @Kevsleftpeg who wanted accuracy . Fair enough. Billy suggested carrying loses forward which is fine but there is limits. It'll no doubt be that Friedkin adopt multiple approaches from advice from finance professionals. I was merely saying to @Neiler there are options now for tax efficiency. To maximise our potential

Previously under the last regime things were dire.

Look. I understand this is your way of backing down gracefully. Accuracy is important of course. I’m challenging a less than informed post of yours speculating about tax strategy. We really don’t know their plans and I’m not suggesting carry forward of losses is a tax strategy, fact is they are available to carry forward and it says this in the EFC accounts. My personal point of view is opposite to yours in that PSR in whatever shape or format doesn’t encourage clubs to maximise profits - most clubs need to run at a loss to try to stay to competitive on the pitch with the handful, which I believe is at odds with your suggestion and also consistent with how AS Roma has been run for the past couple of years fwiw (Swiss Ramble has some analysis on it if you are interested but it doesn’t look like they are trying to run a profit over there). It’s an interesting subject for me, for personal and professional reasons, and happy to discuss with you offline rather than bog down the thread.

 

[IrishBlue2022]

Confirmation then that Colin Chong did mislead fans and shareholders, the stadium was NOT FULLY FINANCED

Despite denials on here to the fact

Its been admitted now

It was the case @GrandOldTeam there was £60 million left to finance when the Friedkin Group takeover was announced

Colin Chong has said at least three times "funding is there" to complete when it clearly wasn't

It needed Friedkin Group to come in

It was in the EFCSA meeting minutes "funding is there"

No it wasn't. Proven @Goat

Short by £60 million

He's misled people

There was denial on here £60 million was needed

Luckily Friedkin Group have the capital to finish it

Moshiri didn't clearly

Colin Chong said there was a "plan" and "fully funded". Not the case.

But no doubt he'll go on the media and claim we are all wrong again like he did over 14 January 2023 and headlock gate

Utter shambles

Seems like you haven't taken it very well, mate. All these notifications from you with middle fingers etc.



You did ask for evidence and now it's been given



Clearly the Colin Chong quote you gave from the match programme was not true. Was it? It didn't "finalise" it did it?

Not if they needed another £60 million

Oh dear. I heard similar on 24 September relating to the BMD being "fully financed". On 01 October it was confirmed as requiring "tens of millions of pounds" more financing.

Now, in relation to this, it's not a good idea bringing in a huge number of players at any one time. You have to integrate them and get them playing together.

You and others may think it's great, but it's been proven before when Moshiri and Kenwright and co were out buying players and brought in three number 10s etc.

It is better to build a squad steadily and progressively. Two in, two out

I've seen people like you, demand "a huge influx" of players before. It never ends well.

Be sure not to make it about personal vanity.

It wasn't there. If it was there would have been no need for Friedkin to provide "operational and stadium" funding

That's not what happened though. They needed an additional £60 million that Freidkin are providing. To complete the stadium

This is additional loans not replacement of current loans. Which won't happen until the club is taken over.

It wasn't. I'll avoid repetition because it annoys people. It just wasn't the case. They needed another £60 million to complete the stadium. They got it when TFG agreed to takeover and it's been advanced to the club. Ahead of the takeover

That's me done for the night now.

You lot have fun

That simply is not true. It's been misrepresented. You can't say "finalise the stadium build" as Colin Chong has said multiple times then exclude the fit out

They are clearly one and the same as the club cannot use a non finalised stadium

People can try and misrepresent it in a vain attempt to make Colin Chong and the club look better. But the fact is it was misrepresented and required £60 million of additional Friedkin Group finance to finalise the funding of the stadium

The direct opposite of what Colin Chong said

That's simply not the case

He claimed this in the Brighton programme . That someone on here tried to quote to me as justification that another £60 million financing was not needed to finalise the stadium

It's been proven wrong because Friedkin Group are having to provide that £60 million to finalise it.

People can try and claim otherwise but its a fact and its the usual equivocation to try and get individuals at the club out of accusations they've been misleading people

View attachment 275701

Just some of Spamo_1878 posts over the last three days across multiple threads telling us the same thing over and over and over.

Would be great to hear some new information in posts.

 

[mikewex]

Riveting thread

 

[Damo_1878]

Look. I understand this is your way of backing down gracefully. Accuracy is important of course. I’m challenging a less than informed post of yours speculating about tax strategy. We really don’t know their plans and I’m not suggesting carry forward of losses is a tax strategy, fact is they are available to carry forward and it says this in the EFC accounts. My personal point of view is opposite to yours in that PSR in whatever shape or format doesn’t encourage clubs to maximise profits - most clubs need to run at a loss to try to stay to competitive on the pitch with the handful, which I believe is at odds with your suggestion and also consistent with how AS Roma has been run for the past couple of years fwiw (Swiss Ramble has some analysis on it if you are interested but it doesn’t look like they are trying to run a profit over there). It’s an interesting subject for me, for personal and professional reasons, and happy to discuss with you offline rather than bog down the thread.

Yes we do have "opposite views". Whilst I was speculating in that post about future strategy of the club, which you laughably term "less than informed" (), I'm quite clear when I do speculate or when I'm not. There I was speculating because it was a matter of strategy rather than of fact.

I am also not sure you could 100% equate what they have done at Roma to what they will do here. Personally.

I think given the situation with the stadium (that I do expect them to expand capacity on) we are in a different situation to Roma. We as a club are at a turn in the road. For sure.

Strategy is something I am interested in and will be following the Friedkins closely on

 

[Damo_1878]

Riveting thread

Your own fault

 

[COYBL25]

You're own fault

* your

 

[Damo_1878]

Just some of Spamo_1878 posts over the last three days across multiple threads telling us the same thing over and over and over.

Would be great to hear some new information in posts.

Good to see you keeping track. As it clearly bothers you so much. What I post.

 

[Brisan123]

I don`t think he`s slept for about a week now.

It`s a good job he`s a high flying business magnet, who gets others to do his work for him, otherwise he wouldn`t be able to spend every waking minute annoying everyone on here with nonsensical waffle.

His head is so far up the esk backside it’s a wonder he can see the keyboard to type

 

[Brisan123]

* your

He obviously pays someone to type up his legal reports otherwise he would have no clients

 

[Brisan123]

I

reading between the lines, seems he claims he has insider knowledge, not sure how true that is.

He knows stuff we don’t know don’t cha know
Said so himself

 

[Brisan123]

I may take adversarial measures should my wife continue to hound me to the mow the lawn.

Tip
Artificial grass is a lifesaver
I