The Friedkin Group reaches agreement to buy Everton

[hoppy]

Let's hope we get through the owners test first before thinking of changes to the club and manager if they do change it could still fall through

 

[tommye]

Balls or unwavering ignorance? Fine line.

Definitely balls.
Ignorance would have seen another chance slip through our fingers

 

[pfim]

Definitely balls.
Ignorance would have seen another chance slip through our fingers

I think ignorance would have been making the club insolvent and forcing it down to the Championship. One happened, the other was days from happening.

 

[Zezti]

Let's hope we get through the owners test first before thinking of changes to the club and manager if they do change it could still fall through

This

 

[Victus]

People talking like this is done when this is Everton, Friedkin might go to Spurs still.

 

[brieverton]

Watching James Horncastle on The Athletic podcast there. Gives quite a brutal assessment of TFG mainly centered on poor player and manager recruitment and PSR issues. Doesn't think they are big enough to manage both clubs and the recent issues are going to be a forerunner for the sale of Roma.

I do think recruitment has been an issue for them. They spent relatively big in their first season but got no benefit in league placings and that has continued. The Europa Conference win and Europa League final may have masked their league placings to a degree. It should be much easier to get Top 4 in Serie A for what they spent.

They appear to allow football people to do their jobs though so their choice of DOF and manager when those changes come will be the center of everything, but that's the case for all clubs. You would hope that Everton can be the beneficiary of the mistakes they've made at Roma.

 

[goog]

I see that notorious Roma fan ‘il Davide K’ has been out over night expressing his feelings

There are also "censored" banners against Priscilla Bortoloni. Bortoloni is a girl who started from bottom, a simple secretary who Friedkin gave power to run 'de facto' the nowdays of the club. There are many rumors about the relationship between the girl and Friedkin

 

[pfim]

Watching James Horncastle on The Athletic podcast there. Gives quite a brutal assessment of TFG mainly centered on poor player and manager recruitment and PSR issues. Doesn't think they are big enough to manage both clubs and the recent issues are going to be a forerunner for the sale of Roma.

I do think recruitment has been an issue for them. They spent relatively big in their first season but got no benefit in league placings and that has continued. The Europa Conference win and Europa League final may have masked their league placings to a degree. It should be much easier to get Top 4 in Serie A for what they spent.

They appear to allow football people to do their jobs though so their choice of DOF and manager when those changes come will be the center of everything, but that's the case for all clubs. You would hope that Everton can be the beneficiary of the mistakes they've made at Roma.

At least the conversation is focused on football...

 

[cjuk87]

Roma and Everton are different clubs and there is no reason to suggest that Everton will follow down the exact same path under Friekdin.

If anything you would hope that Everton will benefit from any mistakes made at Roma which we hope will have been learned from.

However, the more I read about them I think there may be at least one common thread.... the appointment of a successful high profile manager to get the club onto a higher level quickly.

Jose finally being appointed as Everton manager ?

Jose absolutely hates them There's more chance of Klopp coming in than Mourinho.

 

[catcherintherye]

Bit worrying that the path they are on with Roma is a bit similar to that of Moshiri at Everton. Big ambition, big outlay and big spending without big improvement.

But let's just enjoy the moment for now and hope that it represents a chance to have a big clear out of the dead wood.

They need to quickly decide what they are doing with Dyche and more importantly Thelwell.

My hope is they get a good board who outline a clear direction and employ good people to deliver it. The positives are the stadium on the horizon and we are now relatively debt free.

I mean there has been improvement. They won their first trophy in 20 years, and have gone from unprofitable to profitable.

 

[Bedfordblue]

There are also "censored" banners against Priscilla Bortoloni. Bortoloni is a girl who started from bottom, a simple secretary who Friedkin gave power to run 'de facto' the nowdays of the club. There are many rumors about the relationship between the girl and Friedkin

Interesting / concerning, just read a story on her influence at Roma and allegedly Mourinho referred to her as ‘Vice President’…..
Former influencer / TikTok personality / music video extra / Roma secretary…… quite the meteoric rise!

 

[AS Roma_fan]

Wonder if he’ll build a hotel next to ground in due course…… he’s already got a hotel chain (Auberge Resorts) albeit somewhat ‘upmarket’ including locations in London, Greece and Italy

Luxury Resorts and Residences | Auberge Resorts Collection

Unforgettable experiences beckon at Auberge Resorts Collection hotels.

aubergeresorts.com

They're opening now in Florence. Collegio alla Querce.

It's clear they leverage the connections and exposure built with football to pursue their business interests. They've also been linked to the purchase of cinecittà.

 

[nevsonlymate]

Even if we do see a £40m increase just from stadium revenue, people forget costs. Running, maintaining, staffing, securing, heating, cleaning, insuring, BMD will be astronomically more expensive than Goodison. The amount that will trickle to profit (and ultimately cash) will be small. The wins are the revenues where there is zero incremental cost, being mainly sponsorship.

Be interesting to see when they time the “test events”. In theory, we would have to start depreciating the ground, fixtures and fittings, IT equipment etc from the period it starts to be “in use” and revenue generating. From a P&L point of view (irrelevant for cash) we wouldn’t want to kick that off in January, then have to slap 6 months depreciation in the accounts with bugger all other events/revenue/profit until next August.

Don’t know if the test events can be classed as apart of development and needed for safety certificates etc? So the ground wouldn’t actually be “in use” till the next accounting period.

You would think runnings cost for a new build and one from over 100 years old wouldnt be to dissimilar , I get that its bigger but GP must cost thousands to keep that going

 

[Jebus_lives]

I mean there has been improvement. They won their first trophy in 20 years, and have gone from unprofitable to profitable.

The improvement has to be balanced against the outlay. I would think Roma would expect to be competing for European honours. The headline for Roma was to make them one of the greatest in world football and that's been backed by good investment.

But their league position hasn't budged and they haven't managed to break into the Champions league (as expected).

They won a newly developed trophy and they lost in the final the next season, but it's not been as rosy since. And they've not got a lot of fan anger surrounding the club (it's Roma so goes with the territory) and feel like they're starting again.

That's a big distraction when buying a club like Everton who will also demand that investment and ambition but who need a complete overhaul.

 

[AS Roma_fan]

There are also "censored" banners against Priscilla Bortoloni. Bortoloni is a girl who started from bottom, a simple secretary who Friedkin gave power to run 'de facto' the nowdays of the club. There are many rumors about the relationship between the girl and Friedkin

This is gossip from dagospia I think. Sometimes these rumors surface, but I doubt there's something true in them. Dagospia is worse than the worst scandalistic tabloid.