The Friedkin Group reaches agreement to buy Everton

What do we reckon?

  • 👍

    Votes: 698 69.9%
  • 🤷 | 🧀🥪

    Votes: 262 26.3%
  • 👎

    Votes: 38 3.8%

  • Total voters
    998

No idea mate. Her job is a balancing act. If she goes in guns blazing they'll not give her any future interviews. That's how these things work

So she has to question in subtle ways

We'll see.

I find it interesting the club has made this request for an interview to be given to BBC Radio Merseyside

Clearly they have something to say. Perhaps they're concerned at the fan apathy that is evident everywhere given 5 games 1 win (lower league opposition) and 4 loses since August? 🤷‍♂️
She is also a red as well though right?
 

Myers saying textor very soon on twitter
He’s become the Textor news conduit, hasn’t he?

Can’t shake the feeling that Textor’s noise around being close to a deal is being used to hurry Friedkin along.

Textor gains publicity and hype for his shares float, Moshiri puts pressure on Friedkin… I suppose.

But if we see through that, surely Friedkin does.
 
That’s a goodbye to us owning the stadium then

The only way we would ever have 100% equity and ownership of a new stadium would be if we were taken over by an oil state or an oligarch, and even then it wouldn’t be that surprising if they still took advantage of borrowing against an asset like a new stadium.

Having loans secured against the new stadium is pretty much the same as ‘selling’ it and leasing it back. Either way, the club needs to pay to make use of the asset.

If Textor does wish to sell the stadium, he first has to clear approximately 500 million pound of existing debt that has been required to build the stadium in the first place. He may be able to ‘consolidate’ the loans, and replace them with better ones, but we will continue to face payments to pay for the stadium whatever happens.

Owning the stadium outright just isn’t going to happen, and both Textor and TFG would use the new stadium as leverage for loans. There isn’t any available alternative.

Anyone hoping that Everton will be making use of a debt free new stadium is going to be disappointed. We haven’t had debt free ownership of Goodison for decades.
 
He’s become the Textor news conduit, hasn’t he?

Can’t shake the feeling that Textor’s noise around being close to a deal is being used to hurry Friedkin along.

Textor gains publicity and hype for his shares float, Moshiri puts pressure on Friedkin… I suppose.

But if we see through that, surely Friedkin does.
You could be right there
 

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