The Friedkin Group reaches agreement to buy Everton

[Blueberry Muffin]

They cut prices right after COVID. Since the reopening the stadium has always been sold-out.

Roma is 7th in Europe for attendance despite average league results in the last 5 years.

Man Utd 3rd, West Ham 8th, PSG 28th - Top 50 highest average attendances in Europe 2023/24

Here at Transfermarkt, we have put together a list of the top 50 clubs with the highest average attendances across Europe in league games this season, and there are some very surprising results.

www.transfermarkt.com

I think they'll raise the prices in the future because demand has grown unexpectedly. Before COVID average attendance was way lower despite better results on the pitch. I suspect this is due to the fact many more women and young people attend. The percentage of women and teens is much higher than pre-covid. In general, curva sud aside, it's a younger, slightly quieter audience. Imho they succeeded in turning the stadium experience into something trendy.

As for food and drink, a bit more expensive, but we have to take inflation into account. Prices for food and drinks are high in the Monte Mario stand. Together with CONI and Lazio they rebuilt the interior of the Monte Mario stand, which is now a luxury stand with 5 stars restaurants, sky boxes and so on.

For the average attendant the prices are ok.

You're the most helpful outside fan I've seen on an Everton board. Makes me happy we're brothers now

 

[catcherintherye]

We are in complete agreement (emboldened bit)



Debt isn't bad, when it's used to - drive growth that exceeds the value of the debt

However, Bill Kenwright et al. used the R&MF loans to merely cover up their incompetence

It's been hugely damaging to the club. The issue was Bill Kenwright, not the loaning party. The "Chairman" was the one that arranged the loans

Yes look, I'm a bit of a deep value guy and hate debt.

The point was more around the debtor. It's fine to be a creditor, but there are also advantages to becoming an equity holder.

 

[Mrtallywacker]

You're the most helpful outside fan I've seen on an Everton board. Makes me happy we're brothers now

We're the little, spotty, ginger haired, NHS specs wearing brother if you believe @davek my son.

God bless

 

[ashwuk76]

Despite claims from the club including Colin Chong. The stadium was STILL not "fully financed". Up to yesterday!

That working capital discussed yesterday is to conclude it

Moshiri has capitulated as he simply was no longer willing to take responsibility for the clubs debt nor has the ability to complete the stadium

Getting R&MF paid off alone is going to be a boost for the club.

How we have been ran is an absolute disaster

Regardless of any claims from Colin Chong that this was all to a "plan". It wasn't. People in the club are misleading people saying it was

And you know this how genius?

From the opening day programme notes

Writing in his programme notes for Everton’s opening fixture against Brighton & Hove Albion, Chong, who is also the club’s chief stadium development officer, said: “I know there has been a lot of talk about the future ownership of the club. While the club and The Friedkin Group jointly confirmed that we would not be progressing with their potential takeover, our relationship is still a positive one and their £200m loan helped us to finalise our stadium funding.

So you are calling Colin Chong liar? Don't hide behind the "misleading" bs. Be man enough to stand behind your claims.

 

[Runub]

Dan Friedkin is believed to be highly likely to add Toyota as an Everton sponsor once he completes his takeover, according to The Athletic.

Matt Slater wrote for the outlet’s website on 23 September that the financial situation looks set to improve greatly at Goodison Park with the American coming in, as the current debt replaced by his cash and potentially cheaper borrowing, and the Toffees should be a more sustainable business especially once they move into their new stadium.

Who knows how good or bad this new ownership will turn out in the long run but one thing is clear we simply must stay up this season. Stay up and maybe we can forget annual relegation battles. Relegation is never good of course but if it happens on the eve of moving to BMD with financial stability finally achieved it would be an absolute disaster

 

[NathDogg]

The RMF debt is hugely substantial. These people are leeches like payday loans.

The two biggest creditors are now ACap and RMF (and obviously Freidkin). Outside of them, there are very few creditors, the club is effectively debt free. Which also means free of 60m or so debt repayments.

TFG debt will be wiped out, I think ACap will be resolved, and it's reported RMF will be gone. The club is in a comparatively strong position, quite possibly the strongest it's been in, in 6 or 7 years. If you remove the debt interest repayments, it's close to being cash flow positive.

Probably the best outcome we could have hope for all told.

Binning off the payday loan sharks is massive, can’t wait til that happens.

Walking into BMD as a debt free club is going to boil the piss of a lot of our haters, the rs in particular.

The PL best crack on and get it sorted, can’t see any reason why it would take to December.

How long did they take to sign off the nutter at Chelsea?

 

[Damo_1878]

And you know this how genius?

From the opening day programme notes

Writing in his programme notes for Everton’s opening fixture against Brighton & Hove Albion, Chong, who is also the club’s chief stadium development officer, said: “I know there has been a lot of talk about the future ownership of the club. While the club and The Friedkin Group jointly confirmed that we would not be progressing with their potential takeover, our relationship is still a positive one and their £200m loan helped us to finalise our stadium funding.

So you are calling Colin Chong liar? Don't hide behind the "misleading" bs. Be man enough to stand behind your claims.

He's misled the fans and shareholders on this on at least two separate occasions

if it were true why are Friedkin Group having to provide additional "operational and stadium financing" ... as of yesterday.

I'll tell you why. Because the claims of the club from the likes of Colin Chong are - misleading and untrue

Also Colin Chong was wrong to claim that the financing was to a "plan".

It clearly wasn't. If it were Moshiri would not be described as a "distressed seller" by Aliya Capital in their investment brochure

Things going according to a "plan" (Colin Chong, October 2023) wouldn't lead to the owner being a "distressed seller". By definition.

Everton: Nothing Will Be The Same - 10. Colin Chong - New Beginnings - BBC Sounds

Giulia Bould reflects on the season with Everton’s Interim CEO Colin Chong.

www.bbc.co.uk

 

[Shevin Keedy]

Someone mentioned a few days ago about pints being £2 in the fanzone

Could one go to the fanzone and not attend the match?

 

[Exeter_Gently]

And you know this how genius?

From the opening day programme notes

Writing in his programme notes for Everton’s opening fixture against Brighton & Hove Albion, Chong, who is also the club’s chief stadium development officer, said: “I know there has been a lot of talk about the future ownership of the club. While the club and The Friedkin Group jointly confirmed that we would not be progressing with their potential takeover, our relationship is still a positive one and their £200m loan helped us to finalise our stadium funding.

So you are calling Colin Chong liar? Don't hide behind the "misleading" bs. Be man enough to stand behind your claims.

ChongMaster 5000 literally said last month the club could self fund from that point on.

 

[ashwuk76]

He's misled the fans and shareholders on this on at least two separate occasions

if it were true why are Friedkin Group having to provide additional "operational and stadium financing" ... as of yesterday.

I'll tell you why. Because the claims of the club from the likes of Colin Chong are - misleading and untrue

Also Colin Chong was wrong to claim that the financing was to a "plan".

It clearly wasn't. If it were Moshiri would not be described as a "distressed seller" by Aliya Capital in their investment brochure

Things going according to a "plan" (Colin Chong, October 2023) wouldn't lead to the owner being a "distressed seller". By definition.

Everton: Nothing Will Be The Same - 10. Colin Chong - New Beginnings - BBC Sounds

Giulia Bould reflects on the season with Everton’s Interim CEO Colin Chong.

www.bbc.co.uk

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So you aren't man enough to call him a lair. Got you.

Keep playing your stupid games mate. It's tiresome how much you monopolise threads with your boring rhetoric.

 

[Damo_1878]

So you aren't man enough to call him a lair. Got you.

Keep playing your stupid games mate. It's tiresome how much you monopolise threads with your boring rhetoric.

You asked, and I answered - with sources of information.

ChongMaster 5000 literally said last month the club could self fund from that point on.

He was misleading people

 

[Furey1878]

Let's see what the fans think when they see the price of the season tickets for the new stadium now.

I think it was inevitable whoever came in, mate. Mine jumped up from like 520 to 650 this season. They are laying the groundwork...

 

[ashwuk76]

You asked, and I answered - with sources of information.

You doged it again. Not man enough to call him a lair cause he wasn't lying. But whatever keep going with your boring rhetoric and hate filled posts.

 

[Damo_1878]

You doged it again. Not man enough to call him a lair cause he wasn't lying. But whatever keep going with your boring rhetoric and hate filled posts.

Shall I call him a perpetrator of indeterminate terminological inexactitudes? Because Colin Chong was that too.

 

[Daytripper]

ChongMaster 5000 literally said last month the club could self fund from that point on.

Sounds like a bong/dildo hybrid