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Takeover bid by Peter Kenyon

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An interesting time to look at investing in Everton.

The negative is that the time barely escaped relegation and there are questions about FFP.

The positives are the fanbase , where the support of the club and team would be seen as a big asset.
The new stadium already being well underway offers huge earning potential in the future.
Because of Usmanov being sanctioned it may be that Moshiri may be forced to sell for sell than he would like.
But what would become of the fan base if the new owners lift seat prices to those similar to Chelsea for instance?
 
Excited? No. No takeover is going to be exciting, because even a buyer wanting to pump money in would face the same ffp restraints. There’s no overnight route to compete with the big spenders, that ship has sailed.

But just because it’s not exciting, doesn’t mean it’s not necessary. The sooner we get Moshiri and Usmanov out of town the better, as said in a previous post I don’t think we’ve even scratched the surface with those two.

We've been there with the money hose and not done in correctly. So the point now is to run the club well on and off the field.

If you can't spend, you do the utmost with what you got... scouting, structure, management, recruitment. Then build off the field with corporate and branding.

Moshiri can still do that. A new owner could do that.

However...this consortium doesn't fill me with confidence as football would be the last thing on their mind
 
Everton have nothing to leverage… our current total income is instantly given bk out to players.
90-95% of all income is taken up by wages.
So buying Everton for that would be pointless as they don’t have any spare cash and almost no sellable assets. We have the stadium but no idea how we are paying for it. The club require money putting in to keep it running till we lower wages and improve income
Regarding the wages and @Neiler mentioned 90+ is this from the accounts published in February for the 20/21 season. Because since then and including the out of contract players leaving this month. We’ve probably saved Well over 30mil

Not sure what % that would take the wage to turnover down to though, but it’s moving in the right direction
 

Then we wouldnt have a 20k waiting list, thats for sure.
I guess they'd look on that as a win, as it means pricing - and therefore profit - is optimal. A full ground with no one else who wants / can afford to come.

That probably also means the average income of a given spectator at the match would be higher, and therefore they could afford higher hospitality, programme, food and drink costs.

A hideous thought all round.

I think I prefer being ran by an eccentric who doesn't know what he's doing.
 
But what would come of the fan base if the new owners lift seat prices to those similar to Chelsea for instance?
Unlikely to happen, any sensible owner will want to keep their fanbase involved.
They dramatically increase the price of tickets and suddenly supporting the club is beyond the means of a large section of people.
You get empty seats, unused corporate facilities and reduced sales of the various merchandise the club is trying to market.

It would be shooting themselves in the foot for very little gain.

They could try to move the franchise to London.... being American that would be a more likely prospect.
 
We've been there with the money hose and not done in correctly. So the point now is to run the club well on and off the field.

If you can't spend, you do the utmost with what you got... scouting, structure, management, recruitment. Then build off the field with corporate and branding.

Moshiri can still do that. A new owner could do that.

However...this consortium doesn't fill me with confidence as football would be the last thing on their mind

This is spot on, they will want to see a big return on their money and quickly.
 

Everton have nothing to leverage… our current total income is instantly given bk out to players.
90-95% of all income is taken up by wages.
So buying Everton for that would be pointless as they don’t have any spare cash and almost no sellable assets. We have the stadium but no idea how we are paying for it. The club require money putting in to keep it running till we lower wages and improve income
To be honest I don’t know how leverage works, but it is strikingly obvious the American will not be paying the asking price of 1bn in spare cash and invest another few hundred million to finance signings to push us towards top 4.

How will they do it without leveraging?

We will most likely be stagnant for a very very long time.

In fact, the chances of Putin dying/overthrown/assassinated, leading to lifting of sanctions within a year or 2 is higher than Americans funding us with few hundred millions to build a team capable of champions league.
 

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