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Takeover bid by Peter Kenyon

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Neiler said:
He’s put in over 800 million mate, he put more this year. He’s not getting that a million years. The business isn’t worth 500 million. I think he’s cutting his losses, he’s not prepared to invest anymore.
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That's also the bit I think with a vulture fund.
It's not worth close to what they would look at.

The club is worth it, if you think you can monetise the stadium, and the brand.
 
What an investor needs to look at is how they can make money on us or at worst get their money back.

Its imperative we stay in the riches of the PL.

The buyer has a potential high cost base I. E. stadium and purchase but they also have a low revenue base which can only improve.

I think if football operations can be utilised to pay for themselves then long term their is potentially a good business especially in light of the stadium and associated value increase.
 

magicjuan said:
  • Former Manchester United and Chelsea chief executive Peter Kenyon is fronting a consortium who have entered talks to try to buy Everton.

    Kenyon is part of a group that includes chief executive of Minneapolis-based Talon Real Estate Maciek Kaminski and American businessman John Thornton, and is being advised by investment specialist Michael Klein, along with the US law firm Weil, Gotshal and Manges.

    It is understood heads of terms have been signed although talks are described as being at a “relatively early stage”, with owner Farhad Moshiri believed to value Everton in excess of £500million, taking into account the club’s debt.

    The consortium may want guarantees that Everton will not face a points deduction or heavy fine over Financial Fair Play issues before entering into a legally-binding agreement, but the club have always insisted they have not broken regulations.

    Kenyon has been advising clubs and prospective owners for a number of years from his base in Jersey. His company Opto Advisers have been involved with the transformative takeovers of Paris Saint-Germain and Wolverhampton Wanderers. He has worked with Atletico Madrid and Middlesbrough, and was involved in a bid to buy Newcastle United.

    Klein, who, like Kaminski, has been approached for comment, was an adviser to the Sir Martin Broughton-fronted bid to buy Chelsea. The group made the final shortlist, but missed out to the Todd Boehly-led consortium.

    Thornton is the executive chairman of Barrick Gold, one of the world’s largest mining companies with a net worth of £31billion, and non-executive chairman of PineBridge Investments, having stepped down as co-president of Goldman Sachs in 2003.

    From their time together at Chelsea, Kenyon already knows Everton head coach Frank Lampard well, having negotiated contracts with the former midfielder and it is expected the 43-year-old would receive the consortium’s support if a takeover was completed.

    Everton have not commented on the talks, but any takeover may not be good news for chairman Bill Kenwright. The 76-year-old has held his position since 1989, but has become the target of criticism from Everton fans and Moshiri last week apologised to supporters for mistakes in a season in which the club narrowly escaped relegation from the Premier League.

    Everton and Moshiri were forced to sever all business links with Alisher Usmanov after he was sanctioned by the Government following Russia’s invasion of Ukraine.

    The club’s multiple sponsorship ties with companies associated with the Uzbekistan-born billionaire were terminated and last week a new club record front-of-shirt sponsorship with casino and sports betting company Stake.com was announced, which provoked fresh scrutiny.

    'It has not been good enough and we need to do better'
    Moshiri, who has overseen spending over £500m since his arrival at Everton in 2016, wrote an open letter to supporters that read: “It has not been good enough and we need to do better. Mistakes have been made and for that I want to apologise to all of you."

    The British-Iranian businessman also reaffirmed his commitment to deliver a "fully funded" new stadium at Bramley Moore Dock, which is currently under construction, while pledging to not make the same mistakes in the transfer market that led to the club posting combined losses of £372m over three seasons.

    “The stadium alone will not help us achieve our objectives and we are committed to not making the same mistakes again - including how we have not always spent significant amounts of money wisely,” he said.

    “You have given us incredible support that helped us over the line when we most needed it, and we must repay that support and show that lessons have been learned.”

    Regardless of a proposed takeover, Lampard is hoping to sign as many as five new players this summer. James Tarkowski has agreed a free transfer move after his Burnley contract expired and there is interest in Chelsea midfielders Conor Gallagher and Billy Gilmour, as well as Tottenham Hotspur’s Harry Winks.

    Spurs are prepared to offer Winks and Lucas Moura as part of an offer to sign Richarlison, who Everton value at well over £50m.
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I'll take Moura, pass on Winks and possibly Gilmour too,
Gallagher? Don't think Chelsea are that daft.

Peter Kenyon? I dont care if its Roger Kenyon or Roger DeCorsey and his dummy for that matter.
Got to be better than the dummies we got.
Moshiri hasnt a kin clue, Half arsed owners will be a quantum leap up in quality



Oh Boy - strange days indeed
 
catcherintherye said:
I generally think serious players tend to go under the radar.

City, announced quietly. Chelsea announced quietly from left field.

If people are saying 4 negotiators, it is most likely to be ones who arent named.
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Agreed.

It’s standard practice to air the least viable candidate, from my memory.
 
jinkyali said:
What an investor needs to look at is how they can make money on us or at worst get their money back.

Its imperative we stay in the riches of the PL.

The buyer has a potential high cost base I. E. stadium and purchase but they also have a low revenue base which can only improve.

I think if football operations can be utilised to pay for themselves then long term their is potentially a good business especially in light of the stadium and associated value increase.
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If you can dock Cunard in once a week and roll them into the new corporate area on match days/nights then thats quite some clientele.
 
catcherintherye said:
I generally think serious players tend to go under the radar.

City, announced quietly. Chelsea announced quietly from left field.

If people are saying 4 negotiators, it is most likely to be ones who arent named.
Click to expand...

The problem is mate the pool of serious players is a lot smaller than years gone by.

Russian Oligarchs are off the table for obvious reasons

The Chinese investment boom in football has dried up

UAE / Qatar / Saudi all have clubs to sportswash

Majority of takeovers will largely involve US consortium's going forward and they wont take the club where we as fans want us to be long term - for me its rearranging deck chairs on the titanic.
 

Exeter_Gently said:
Who would you support then?
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Steve fn Bannon is largely responsible for a lot of the issues that are basically causing an end of democracy in the States. Anyone who consorts with him is basically tacitly approving. I know this isn't CA but i cannot express my disgust at seeing his picture with proposed buyers. I'd bin it all in completely.
 
moar resolution

download (1)_copy_242x164.webp



@polish
 
catcherintherye said:
The thing is, that sort of raider makes no sense here. I also think the PL have/has outlawed it.

Burnley had cash on the balance sheet, we dont.

If Americans have interest in us, its likely to be because they think they can turn round a poorly performing asset, and alongside competent management and a new ground build a successful team. Probably also grow a fanbase in the US.

I'm not saying I want them, and frankly the Qataris would be a game changer (akin to Newcastle and City). They would obviously be better.
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Kenyon makes me wary.

I'm hoping for a Tim Cahill led Qatari consortium that takes care of the situation.
 

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