Takeover bid by Peter Kenyon

[BirkenheadBlue]

While I agree with your sentiment I'm pretty sure us lot talking wham on a forum aren't chasing Moshiri out of any doors.

You don’t talk wham, you chat it.

Come on, this is basics.

 

[davids]

Moshiri promises to pay for Bramley,a week later this?

 

[Pettifogger]

The only concern for me would be; are the stadium plans unaffected by it?

Hard to imagine the plans aren't a major source of the attraction (and a selling point for Mosh).

 

[windymiller]

We all know last season was crap - so the question is do you really think we'll never have a bad season ever again under new ownership?

I'm no fan of Yankee sportcorp leveraged buyouts, but to pretend Moshiri's ownership of the club has been the land of milk and honey is fantasy land stuff. These yanks might be worse but Moshiri has been baaaaaad.

 

[davek]

I want to be in a position where I can protest at getting taken over by a Shiek who chops arms off for a laugh, as long as it's not mine so I can punch the air when he dumps billions into Everton FC to spend.

 

[GrandOldTeam]

We get what we deserve end of the day. Moshiri has spent a fortune and has finally got the stadium development up and running but has been chased out the door by our fan's. Was hoping he'd step aside sell 30% and appoint a new CEO and have it run by someone who knows what they're doing.

I'm not his biggest fan, doesn't have a clue about football but can't fault his desire and passion to succeed. Don't particularly want a US consortium to run the club but who else has 500million to 1billion to throw around or have muscle to leverage. There's a pattern obviously forming in football ownership..and the day's of your Kenwright and Delia Smith's are long gone.

Not sure about that mate - the fella just took us to the brink.

He deserved criticism for that - which he very recently acknowledged and apologised for.

 

[MikeH72]

I never knew Moshiri played 11 positions on the pitch, managed his 11 doppelgangers and signed all the players.

Almost like he's an easy scapegoat.

He is the reason we haven’t been able to spend any money without selling for the past 3 transfer windows.

 

[Zeitgeist]

Sorry but I can't get onboard with Americans, they're just too risky. Look at what that idiot did with Burnley

 

[AmericasToffee]

Meh. No to this group, but I'm ok with an American owner. It's silly to stereotype. The American in the lot that bought Chelsea is part of a group spending tons to let teams have success i.e. the Dodgers.

 

[windymiller]

Annoyingly, I feel we were just about to become this

Based on what?! We just had our worst season in more than a decade, are financially hamstrung and have a terribly imbalanced squad. Green shoots?!

 

[Pettifogger]

I'm no fan of Yankee sportcorp leveraged buyouts, but to pretend Moshiri's ownership of the club has been the land of milk and honey is fantasy land stuff. These yanks might be worse but Moshiri has been baaaaaad.

The issues are the same for domestic franchises/clubs in the US. The billionaire who owns a team as a vanity project isn't always better than the conglomerate who decides a franchise is a good place to park cash and a safe, appreciating asset.

 

[royalblue66]

Does this mean we will all be customers ?

 

[toffee66]

Qataris also have a long-standing interest in us. There is definitely more than one party sniffing but at the price needed, a squad to rebuild and BMD to build we are not wildly attractive.

The US Consortium would, given those involved, likely try buy us primarily with loans and then refinance pushing the debt onto the club. As classic venture style US financiers they will presumably be hoping to sell on quite quickly to a new owner turning a profit by ‘tidying up’ our cash flow (cutting wage bill, pushing commercial side if possible) & getting an interim return through regular player sales with only partial reinvestment freeing up cash to pay dividends.

It is a model that has sunk other clubs where cash-starvation has seen performance struggle. Even Man U have regressed and their owners have the personal wealth to provide assistance when needed. Only LFC have really made a success of this approach and their ownership is at the less predatory end of American financial capitalism, something I would not say about eg Thornton.

Before anyone asks I’ve been CFO of a private equity buy-out and consulting partner to similar deals in other industries in the noughties. In subsequent years the base model has only become even more rapacious. The model relies on strict cash management and continuing organic revenue growth (in our case mainly from TV in last 20 years) rather than fresh investment, commercial creativity and long-term strategy.

In contrast a Qatari investment would likely be less restrictive financially but come with even more ethical baggage. Show me billionaires or state investors and I will show you ethical baggage. Sadly it is the nature of the beasts.

 

[COYBL25]

@ForeverBlue92

All your nightmares seem to becoming true.

First Fatty got webbed, now it looks like Moshiri could be off ?

If he decides to sell up, whose hoop are you gonna stick your tongue up next ?

 

[Moderatelywarmwater]

Hmmm we lose the Russian Mafia backing and sudenly Moshiri is offski…. Coincidence?

Theres perhaps the maxim of “better the devil you know” here. It’s easy to assume literally anyone is better…

But they might not be.

Anyway, lots to go obviously …