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Panorama to question ownership of Everton

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Toffeelover said:
Sorry mate just do not buy it. Usmanov is able to command vast resources way beyond our imaginations why wait for a football club to get a toe hold into the project. Surely he could just go straight to Peel Holdings.
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He could but like every docks project the world over it needs an iconic building or buildings to attract the attention
In my city of Dublin you have the IFSC buildindvst one end , the 3 Arena ( formerly the point depot ) plus the convention centre and the Bord Gais theatre
These buildings set the tone and soon Google Facebook Twitter LinkedIn and dozens more companies had their European bases on the docks
The IFSC ( Irish Financial Services Centre ) is home to dozens of American banks and investment companies.
In Liverpool the new cruise ship terminal , the IOM terminal and an Iconic stadium will be the kickstart for the docks
Build it and they will come
 
dholliday said:
It's based on the idea that if I own one Prem club and I want to own another one, but the rules don't let me. So I gift you money but on the condition you buy this second club with it, and I will let you be boss of this second club except i'll still make the big decisions (like how much stake and when to sell).

This is the working theory the journos are going on based on the documents they have. It's almost impossible to prove this unless they have more private correspondence documentation, and even if they did prove it, it would still be up to the Prem/FA as to how it'll be investigated and if there'll be any consequences.

Realistically, nothing will be proved decisively, but as a result of this investigation the Prem/FA will publicly tighten up ownership checks and introduce a couple of stricter rules. For us, our involvement in the investigation may still have negative consequences, such as less willingness for external investment in the new stadium. This is pure conjecture, tho'.
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The only thing that will stop investors putting up the money for the new stadium is a fear that it won’t be repaid.
Hence the vehicle with the council.
Plus Moshiri and Usmanov will ally those fears.
There is to much money to be made for the big boys to allow the stadium not to happen.
 
Eggs said:
...there might be similarities here with Sir Alex Ferguson and rich United shareholder John Magnier. Magnier gifted SAF a racehorse called Rock of Gibraltar who went on to be a classic winner. It meant the horse was worth a fortune at stud but a court case ensued because the ‘gift’ didn’t include millions to be earned from stud.

If somebody gives you a ‘gift’, surely you then own it. I appreciate it’s all down to implication and Moshiri seems to be saying the paperwork alluding to it being a gift is a mistake. I suppose the bottom line is that he has to prove he paid for his Arsenal shares.
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Magnier had more expensive lawyers than Ferguson.
In Ireland Magnier is known to be a ruthless businessman.
The hierarchy at O.T put pressure on Ferguson because Magnier was a major shareholder
 

We will be as credible as Real Madrid Barcelona Athletico Madrid PSG ( who signed Meymar on a free) plus all the other mega rich clubs.
No rich person or entity is entirely clean and credible.
 
Brisan123 said:
The whole club and their fan base is shameful.
You would need a 2 hr show every night for a year to cover the whole mess
When the banks sold the club out from under them there wasn’t a word
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And a 2 hour shower afterwards to try and scrub away the feeling of dirt!
 
Brisan123 said:
4m a yr and the docks being developed will ease their concerns Dave
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I think if I were the City auditor Id be looking long and hard at this. Consider the turn of events since this SPV idea was put forward:

  • The architect of the plan, Joe Anderson, has been all but marginalised in his own party in the region. His relations with the new City Region tier of local government a complete mess...due to his own antics about wanting to jump ship and be supremo of that body; his relationship with other councillors and MPs of the region is on the floor due to his bleating about being overlooked for the Walton seat
  • The council CEO who was directly working on the details of the SPV plan with Everton Ged Fitzgerald has lost his job in a procurement scandal that he carried over with him from a previous post at Lancashire CC.
  • An investigation has been aired by the national broadcaster that places a huge question mark over who exactly controls Everton FC.
Now, if you were responsible in the council for oversight of this BMD stadium scheme would you be sanguine over the issues above or would you be inclined to at least call a halt to the proceedings to make sure the council and rate payers of the city weren't stumbling over a cliff agreeing to what Anderson and Fitzgerald had concocted along with Everton FC?
 

davek said:
I think if I were the City auditor Id be looking long and hard at this. Consider the turn of events since this SPV idea was put forward:

  • The architect of the plan, Joe Anderson, has been all but marginalised in his own party in the region. His relations with the new City Region tier of local government a complete mess...due to his own antics about wanting to jump ship and be supremo of that body; his relationship with other councillors and MPs of the region is on the floor due to his bleating about being overlooked for the Walton seat
  • The council CEO who was directly working on the details of the SPV plan with Everton Ged Fitzgerald has lost his job in a procurement scandal that he carried over with him from a previous post at Lancashire CC.
  • An investigation has been aired by the national broadcaster that places a huge question mark over who exactly controls Everton FC.
Now, if you were responsible in the council for oversight of this BMD stadium scheme would you be sanguine over the issues above or would you be inclined to at least call a halt to the proceedings to make sure the council and rate payers of the city weren't stumbling over a cliff agreeing to what Anderson and Fitzgerald had concocted along with Everton FC?
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Think you will be really gutted, if the new stadium is built, won't you Dave ?
 
davek said:
No, I'd be delighted.

But we've been waiting for it since Johnson rolled out his Kirkby golf course plans 20 years ago and it doesn't seem any nearer now than it did then.
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Aw C,mon Dave, you would have nothing to winge about, oh on second thoughts perhaps not.
 
Yarrgh said:
Ronald: Erwin... what is a plan? Why do people keep mentioning it?
Erwin: Don't know, 8 or 9 iron?
Ronald: Ha ha ha, always a number 10 Erwin.
Erwin: We have no such thing as a number 10
Ronald: That's what I kept telling Walsh and then he went out and bought a player we didn't need.
Erwin: Ronald, I think I know where we went wrong.
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Having a horrible day in work, this has made me laugh though
 

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