The Everton Board Thread

The vast bulk of that is money Moshiri has invested, however. You can't just dump money into a club anymore it has to be loans or equity.
I’d be inclined to change the word invested to squandered. We’re up there with the big boys as far as debt is concerned yet we’re a million miles away from regular European footie and we’re pyar turd.
 

The American consortium leading the way to buy Everton believe their bid is progressing positively after they toured the club’s training ground and the site of the new stadium on Liverpool’s waterfront.
Former Manchester United and Chelsea chief executive Peter Kenyon is leading the group made up of real estate tycoon Maciek Kaminski and gold magnate John L. Thornton.
The three, along with their sons — Mikhail Kaminski and John-Randolph Thornton, known as JR — have held talks with Everton’s current owner Farhad Moshiri in Monaco and chairman Bill Kenwright in London. Some members of the group also travelled to Merseyside where they were also shown around Everton’s offices in Liverpool’s iconic Liver building, the Finch Farm training complex and Goodison Park.
Thornton, Everton


John L. Thornton and son JR speak to Yahoo in 2016
The Athletic understands that the exclusivity deal they have agreed with Moshiri is close to expiring but there remains hope a deal can be concluded that sees the consortium become the club’s majority owners within weeks.
Other parties remain interested but, should the Kenyon-led takeover go ahead, Mikhail Kaminski could be in line for a hands-on role in the day-to-day running of the club.
His father’s firm, Minneapolis-based firm Talon Real Estate, owns and manages a huge portfolio of retail, office and industrial properties in America, and they are interested in the potential for hotels and other associated businesses around the Bramley-Moore stadium site in Liverpool’s North Docks.
The group have scrutinised the current plans for the stadium and the community-focused development of what will occupy the ground Goodison Park sits on in the city’s Walton district.
At this stage, it is believed Kenyon could also take a role within the club after a successful takeover but he would need to consider whether that involved moving back to the north west from Jersey, where he currently lives.
Agreeing the sale price remains one of the final barriers to the purchase. The consortium are thought to be working off an equity value of around £380 million.
Within the heads of terms agreement the parties are working with is also a commitment that the new owners will invest a further amount on the stadium and provide funds for team-building. This is believed to be a key element of any deal for Moshiri, who values Everton at £500 million.
The Iranian-born former accountant was believed to be initially reluctant to consider a deal but changed his view after early talks. The Athletic understands that he does not want to sell all of his majority shareholding.
Farhad Moshiri, Everton, Goodison Park


Moshiri would like to retain a stake in Everton after any takeover (Photo: Alex Livesey/Getty Images)
In January he increased his stake in Everton to 94 per cent after converting a £100 million loan into equity. He has also spent in the region of £500 million on transfers and appointing new managers, without any tangible sense of progress on the pitch.
Earlier this month he broke his silence after a disastrous season that saw Everton narrowly avoid relegation to reaffirm his commitment to delivering the club’s new stadium.
It is thought that his ideal scenario would be to remain in a smaller, reduced majority owner capacity or as a significant minority shareholder. Given that he has played such a pivotal part in reviving the club’s dream of a badly-needed new stadium, he still wants to be involved in the 2024-25 season when the ground is on track to be ready.
For their part, the Kenyon-led consortium want to buy all of Moshiri’s shares eventually but could be prepared to do it incrementally.
It is unclear how exactly the distribution of shares would play out between Thornton and Kaminski, but the latter is believed to be providing more of the funding.
Kaminski ensures he keeps a low profile and Thornton is also a private individual, tempered by his involvement in some of the banking world’s top jobs. He was a senior figure at Goldman Sachs before joining the Canadian mining and gold giant Barrick Gold in 2012.
He is also a scholar who has been a professor at Tsinghua University in Beijing. His son JR, 30, spent time living in the Chinese capital and was an internationally-ranked junior tennis player who has written a novel, Beautiful Country, which was published iln 2013.
 
A synopsis of beautiful country, sounds alright lol

A coming-of-age story set in modern day China centering on the friendship between an American and a Chinese boy who meet while training with Beijing’s Junior National Tennis Team.

Chase Robertson arrives in Beijing as a fourteen-year-old boy still troubled by the recent death of his older brother. He discovers a country in transition; a society in which the dual systems of Communist Era state control and an emerging entrepreneurial culture exist in paradox.

A top ranked junior tennis player in the U.S., Chase joins the practices of the Beijing National Junior Tennis Team and is immersed in the brutal, cut-throat world of Chinese sport. It is a world in which gifted children are selected at the ages of six or seven for specialized sport schools where they devote their entire youth to the pursuit of athletic excellence and are paid as professionals by the state. Athletes find themselves compelled to do anything possible to succeed—right or wrong. Those who fail to reach the pinnacle are cast aside and are left facing a desperate future without hope.

In China, Chase gains access to a culture rarely open to Westerners, and soon finds himself caught up in secrets. When his closest friend and teammate turns to him for help, Chase is faced with the dilemma of what to do when friendship, rules, and morals are in conflict.

A big-hearted debut, Beautiful Country explores a friendship against the backdrop of a quickly changing country
 
Sounds like we might need to get the lowdown on Mikhail Kaminski as he could be the one running the club a couple of months..... Also a 30 year old American named JR who looks like he just stepped out from a frat house on our board is absolutely terrifying.
 


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