The Friedkin Group reaches agreement to buy Everton

[matty1878]

Slater is the football business guy at the Athletic. He knows his stuff.

cheers. wonder why he can’t say who yet?

anyway if they was interested partys…

we can hope, what do you think moshiri is wanting other then the cash?

 

[Tramps_mate]

Ok, who next?

Amanda Staveley...

 

[matty1878]

If it’s debt, we can pay it off against whatever the contract says. If it’s equity we could be on dodgy ground…….

so it must be equity?

i thought that these was doing the debt

 

[Cake]

When Moshiri repays the 777 loan and renegotiates it with Friedkin he retains an interest in the club until it's repaid and Friedkin can then buy...

... no, not going to happen

 

[matty1878]

Amanda Staveley...

it’s not

 

[matty1878]

When Moshiri repays the 777 loan and renegotiates it with Friedkin he retains an interest in the club until it's repaid and Friedkin can then buy...

... no, not going to happen

so we need another party

 

[Tony’s Carp]

At least there is still interest I suppose which is positive.

Thing is can anyone get this takeover over the line ?

That’s the billion dollar question.

Is the 777 / acap situation insurmountable while the lawsuit is ongoing, or can it be solved but Friedkin didn’t like the solution?

We’ve just got press briefings to say it was all about this one issue. There could’ve been all sorts of issues that other bidders wouldn’t have. A non-US buyer might not be as concerned about a US lawsuit to which Everton are not a party.

 

[pfim]

If it’s debt, we can pay it off against whatever the contract says. If it’s equity we could be on dodgy ground…….

To whom?

 

[davek]

That’s the billion dollar question.

Is the 777 / acap situation insurmountable while the lawsuit is ongoing, or can it be solved but Friedkin didn’t like the solution?

We’ve just got press briefings to say it was all about this one issue. There could’ve been all sorts of issues that other bidders wouldn’t have. A non-US buyer might not be as concerned about a US lawsuit to which Everton are not a party.

It can be solved with bidders with long enough pockets.

 

[matty1878]

That’s the billion dollar question.

Is the 777 / acap situation insurmountable while the lawsuit is ongoing, or can it be solved but Friedkin didn’t like the solution?

We’ve just got press briefings to say it was all about this one issue. There could’ve been all sorts of issues that other bidders wouldn’t have. A non-US buyer might not be as concerned about a US lawsuit to which Everton are not a party.

it’s all madness

but again it’s holding us back

why can’t we just a nice fresh start

 

[St Domingos]

they know f all

that means nothing it’s just wishful thinking
that they would

roma wasn’t in the mess

i’m wounded as we now won’t be able to spend with everything all even keel

facts matty, every time i watch toffee tv it's just buzz words like....wait and see.....hopefully....monitoring....all this sh**. Baz is sound but that ped is a bad meff.

 

[matty1878]

It can be solved with bidders with long enough pockets.

they do have deep pockets dave

more then our joke of an owner

 

[Yorkiebars89]

Amanda Staveley...

You know what that's not necessarily a bad shout with her now leaving newcastle

 

[matty1878]

facts matty, every time i watch toffee tv it's just buzz words like....wait and see.....hopefully....monitoring....all this sh**. Baz is sound but that ped is a bad meff.

 

[kenada_blue]

why can’t you pay it off?

i don’t get it!

Could possibly be down to who the money actually and legally belongs to.

Bottom line we're linked to a £200mill toxic debt that needs dealing with.