The Friedkin Group reaches agreement to buy Everton

[MikeH72]

Dunno mate...just think the price they wanted Spooked Ratcliffe.

They announced they intented to sell United in November 2022.

There is no doubt in my mind that they are not intent on selling.

 

[MikeH72]

Is Mosh looking to sell? The evidence suggests so far that he’s in no hurry

We’ll he has literally agreed a deal with prospective buyers, so yes?

 

[Exeter_Gently]

There is no doubt in my mind that they are not intent on selling.

Alright Damo...

Only trying to have a peacefully chat while I lay a morning cable,get off me back ha.

 

[Victus]

Is Mosh looking to sell? The evidence suggests so far that he’s in no hurry

You're not exactly Mr. Current Affairs are you, Kev.

 

[Exeter_Gently]

@Damo_1878 No offence

 

[Kev The Rat]

You're not exactly Mr. Current Affairs are you, Kev.

It’s only a few weeks ago that everyone was claiming Textor was already buying players on our behalf

 

[hoppy]

Dan Friedkin agreement confirmed for Everton takeover as 777 Partners set to fold
George Overhill
George Overhill
Sat 5 October 2024 10:10, UK
The Friedkin Group have an agreement in place to end 777 Partners’ interest in Everton, Andres Blazquez has confirmed.

The Genoa CEO spoke at a behind-closed-doors meeting with representatives of the Italian side’s fan groups that lasted more than three hours, according to Calcio Finanza on 4 October, where he discussed the stricken American firm offloading their other football clubs.

 

[Victus]

It’s only a few weeks ago that everyone was claiming Textor was already buying players on our behalf

and? whats that got to do with what you said about Moshiri not selling

 

[Kev The Rat]

and? whats that got to do with what you said about Moshiri not selling

lets see if this takeover goes through. How many false dawns have we had takeover-wise, and what is the one constant in all of this?

 

[Victus]

lets see if this takeover goes through. How many false dawns have we had takeover-wise, and what is the one constant in all of this?

oh go away, hes not going to spurs lad.

 

[brieverton]

Friedkins will have agreed a total amount for the club with all debts etc, and some to Mosh, if the ACAP ruling comes in higher it will come from Mosh’s portion, if it’s lower Mosh’ll get more. Maybe, or not who knows

I'm not sure TFG would get any further concessions from Moshiri.

If it's correct that they offered 50% settlement to A-Cap then the additional £100m owed is still in play.

That's a lot of cash to argue over.

It's what Leadenhall agree to settle on ultimately, assuming A-Caps appeal fails. They have to play the role they're playing and be seen to do so.

If the final agreement results in a sum towards the upper end of the total liability then TFG will either just pay it or they could refinance it at a lower interest rate.

As this goes on though it's hard to see a settlement running in tandem with the approvals for the takeover.

If there are no issues, then I don't see why the takeover cannot be completed and TFG installed whilst the legal process continues in the background.

 

[Moomin]

You're just fuming because you can't see my tweets. Great stuff.



You're wrong

Textor Is not a billionaire. Never a viable proposition

Everton needed £60 million from Friedkin because there was a finance gap to finalise the stadium. Colin Chong misled people when he claimed that funding was "finalised"

How will Giulia see your messages now?

 

[Eidean]

Is Mosh looking to sell? The evidence suggests so far that he’s in no hurry

What benefit is it to Moshiri to not sell yet? It’s common knowledge the football club would start being in serious cash flow issues by November.

He’s getting [Poor language removed] all as it is, why would he late longer?