New Everton Owners: The Friedkin Group

[BlueInNZ]

Don't even mind if it's pre-owned, mate...
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I shared that before with Mrs B. Asked if I could have one. The fact that I'm writing this from the spare room tells you all you need to know about how it was received.

 

[Lob]

[post removed]

Good positive article that and good timing too. Lots of blues needed a bit of positive news about the take over and everything seems to be ticking along nicely. Thanks for posting.

 

[Bedfordblue]

In the meantime, work continues before TFG’s arrival. Conversations are still being held between their representatives, led by vice-president of strategy Brian Walker, and Everton staff across multiple departments.

One of TFG’s early priorities appears to be settling on an organisational structure at the top of the club and strengthening Everton’s board of directors.

Shouldn’t be a big deal surely, just need to get the A Team back together

Chairperson - ‘Danger’ Dan Freidkin
CEO - Keith ‘Bit of Bully’ Wyness
CFO - Robert ‘suntan bob’ Elstone
CIO - Graham ‘panda botherer’ Sharp
DFO - ‘smilin’ Dave Harrison
DOF - ‘dithering’ Davie Moyes

Easy peasey, now where’s my consultancy fee ffs?

 

[AndyRJ]

Good positive article that and good timing too. Lots of blues needed a bit of positive news about the take over and everything seems to be ticking along nicely. Thanks for posting.

The only concern for me is that 777/ A-CAP loan and whether the Premier League impose any conditions with resepct to this which could delay the takeover.

All the noise seems to be positive with respect to TFG/ A-CAP/ Leadenhall being able to reach some sort of agreement between them. However, given the Premier Leage had a number of conditions for 777 when their takeover was in the works, I wonder whether they will want to see this loan fully resolved before stamping their approval?

At least it sounds like things are moving ahead elsewhere in terms of TFG being active on the ground and recruiting for Senior Mangement positions. They wouldn't be doing that if they weren't committed to the takover and confident of it going through. They clearly see a need to hit the ground running.

 

[Bedfordblue]

The only concern for me is that 777/ A-CAP loan and whether the Premier League impose any conditions with resepct to this which could delay the takeover.

All the noise seems to be positive with respect to TFG/ A-CAP/ Leadenhall being able to reach some sort of agreement between them. However, given the Premier Leage had a number of conditions for 777 when their takeover was in the works, I wonder whether they will want to see this loan fully resolved before stamping their approval?

At least it sounds like things are moving ahead elsewhere in terms of TFG being active on the ground and recruiting for Senior Mangement positions. They wouldn't be doing that if they weren't committed to the takover and confident of it going through. They clearly see a need to hit the ground running.

I can’t get my head around why the injunction would prevent this tbh.
Leadenhall and ACAP can duke it out over the the loans as much as they like, surely any transaction between TFG > Everton > 777 > ACAP just adds to the balance sheet of 777 or ACAP so what’s the problem?

 

[AndyRJ]

I can’t get my head around why the injunction would prevent this tbh.
Leadenhall and ACAP can duke it out over the the loans as much as they like, surely any transaction between TFG > Everton > 777 > ACAP just adds to the balance sheet of 777 or ACAP so what’s the problem?

A-CAP have agreed a deal with TFG that they're happy with. Leadenhall now also need to accept they're happy with the deal, should the court ultimately decide they are entitled to take ownership of the loan at some point in the future.

I don't believe that will ultimately be a problem however, I wonder whether the Premier League will want it fully resolved before they give their approval due to the legal nature of it all.

 

[Lob]

The only concern for me is that 777/ A-CAP loan and whether the Premier League impose any conditions with resepct to this which could delay the takeover.

All the noise seems to be positive with respect to TFG/ A-CAP/ Leadenhall being able to reach some sort of agreement between them. However, given the Premier Leage had a number of conditions for 777 when their takeover was in the works, I wonder whether they will want to see this loan fully resolved before stamping their approval?

At least it sounds like things are moving ahead elsewhere in terms of TFG being active on the ground and recruiting for Senior Mangement positions. They wouldn't be doing that if they weren't committed to the takover and confident of it going through. They clearly see a need to hit the ground running.

TFG seem to be confident that it wont be a problem and still expect to be complete in December so you would assume they have been in conversation with the various approval boards and they say it wont be a problem for TFG to have that confidence.

Looking good i think and hope.

 

[matty1878]

they need to hurry the women’s team is struggling to

dyche out

sorensen out

 

[Yarrgh]

Shouldn’t be a big deal surely, just need to get the A Team back together

Chairperson - ‘Dug Up’ BS Bill
CEO - Keith ‘Bit of Bully’ Wyness
CFO - Robert ‘suntan bob’ Elstone
CIO - Graham ‘panda botherer’ Sharp
DFO - ‘smilin’ Dave Harrison
DOF - ‘dithering’ Davie Moyes

Easy peasey, now where’s my consultancy fee ffs?

Wonderful but may I suggest one small change to make it perfect?

 

[GrandOldTeam]

Please don't post full articles from paywall sites.

 

[Neiler]

The only concern for me is that 777/ A-CAP loan and whether the Premier League impose any conditions with resepct to this which could delay the takeover.

All the noise seems to be positive with respect to TFG/ A-CAP/ Leadenhall being able to reach some sort of agreement between them. However, given the Premier Leage had a number of conditions for 777 when their takeover was in the works, I wonder whether they will want to see this loan fully resolved before stamping their approval?

At least it sounds like things are moving ahead elsewhere in terms of TFG being active on the ground and recruiting for Senior Mangement positions. They wouldn't be doing that if they weren't committed to the takover and confident of it going through. They clearly see a need to hit the ground running.

I would think the PL would be reluctant to interfere on putting a condition down on something that was a matter of judicial process mate - they surely couldn't be that arrogant, surely!

Its less about the financial ability or willingness to pay the loan, more the inability procedurally to do it.

 

[AndyRJ]

I would think the PL would be reluctant to interfere on putting a condition down on something that was a matter of judicial process mate - they surely couldn't be that arrogant, surely!

Its less about the financial ability or willingness to pay the loan, more the inability procedurally to do it.

I'm thinking more in the sense of there being a satisfactory resolution in place than anything,

Ultimately, a loan that we have taken out is linked to funds that may have been fraudulantly obtained. I'm absolutely convinced the Premier League will want to understand how this is going to be resolved from our side of things.

 

[Neiler]

I'm thinking more in the sense of there being a satisfactory resolution in place than anything,

Ultimately, a loan that we have taken out is linked to funds that may have been fraudulantly obtained. I'm absolutely convinced the Premier League will want to understand how this is going to be resolved from our side of things.

Yep, fair points mate, hadn't considered that!

 

[pfim]

I'm thinking more in the sense of there being a satisfactory resolution in place than anything,

Ultimately, a loan that we have taken out is linked to funds that may have been fraudulantly obtained. I'm absolutely convinced the Premier League will want to understand how this is going to be resolved from our side of things.

I'm not sure that's really a concern for the league, at least not specific to TFG.

If the funds were obtained fraudulantly, I would think that the club itself and the people who signed for the funds could face liability. The club and those individuals face the liability regardless of who owns the club.

The league may want TFG to inject more cash into the club to cover any difference due to leverage rules, but to me if the debt isn't resolved, that's a club issue not an owner issue (not sure if that all makes sense).

 

[buddy]

Absolute state of that gap on the join, disgusting.

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I have always wanted to ask this what's it like being a Monk.