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The Friedkin Group reaches agreement to buy Everton

What do we reckon?

  • 👍

    Votes: 782 72.1%
  • 🤷 | 🧀🥪

    Votes: 264 24.3%
  • 👎

    Votes: 39 3.6%

  • Total voters
    1,085
But if the club went into administration wouldn't be even worse for moshiri?
I think we have been over this one - and a few made very good points. Can't remember who!?! Moshiri has stacks of cash, if administration is worse for him why would he choose to go this route. The choices are all his to make.
 
Doubt it’s in their interest or legal right to call it in earlier than the original agreement - but it’s not beyond the realms of possibility.

These firms are tasked with making money. They’re generally not perturbed with who/what gets in the way of that.

It is. You can't just call in a loan unless the loan contract says you can under the terms and conditions
 

It is widely known that 777 had lent us £200 million. I would have thought any new owner would have been looking to pay off that debt (Friedkin paid the £158 to MSP) could someone explain what makes the £200 million owed to 777/A-Cap so toxic as to scupper the deal? Is it the fear that that legal authorities may view whoever pays that debt off as being embroiled in some form of money laundering?
 

He's reported to get 50 million from the deal now? I don't really remember.

If he paid off the 200 million from 777, he would not recoup $250 million in a sale.

He would be throwing good money after bad.

The club isn't going into admin in the short term.

Agreed.

It has that 777 mess however. Serious questions need asking about it to Moshiri.

No doubt he'll be uncontactable for the foreseeable however
 
"Once upon a time there were 2 boys, Bill and Farhad, who grew up in very different circumstances. Bill spent much of his youth in The Boys Penitentiary crafting his skills and to blend in to be like 'the others' who he needed to learn from so he could achieve his life's dream. Farhad, on the other hand, was a sensitive boy who was easily led by others enjoying a life of whims and fripperies, chasing butterflies until one day he finally met his nemesis. Bill knew he would always achieve his destiny and Farhad wishes he had listened to his father's advice to; "Never trust a man with eight chins." In spite of their differences, their need to deceive and to be deceived means they would always remain... Blood Brothers!"
 

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