The Friedkin Group reaches agreement to buy Everton

[mikel_88]

With TFG takeover and with this city result today saying we have 400 mill interest free loan is that from moshiri. Then is written off when he sells the club?

 

[PITA]

For the record

I have no idea what is going on?

I expect TFG will take over the club and I will be happy when the deal is done

Hope that clears things up

That's all @Damo_1878 has said but everyone has given him a hard time.

 

[PITA]

The footballing equivalent of a goal line clearance by the Friedkin's. Cannot be overstated how fortunate we've been here.

Maybe it equates to a goal line clearance by Ndiaye.

 

[John from Bootle]

Cringing at some of our fans.

Moshiri tried his very best to sell us to a criminal organisation that has now gone bust. Friedkin has stepped in to save the club from drowning in the debts that Moshiri accrued over the course of his relentless pursuit of these wastrels. That’s really the beginning and end of it.

All of this is true, but there is some factors regarding the debt that I feel he perhaps get's a bit too much criticism for. His running of the club as a football concern has been nothing short of abysmal. However, we were always gonna be in massive debt when the stadium was finished, in fact many, perhaps even rightly, were lambasting him for not having borrowed all the money up front, and agitating about how we were gonna secure a finance package.

Also, if you accept that we, as a club, were unlucky with the Ukraine thing, then perhaps we can afford him the same courtesy and say he was less than fortunate with how events unfolded?

You're completely right to want him gone though, but that shiny new stadium was always gonna carry a mountain of debt. I can't wait to see the back of him, but if he's the cloud, then the stadium is the silver lining.

 

[Jimishorts]

Moshiri tried his very best to sell us to a criminal organisation that has now gone bust.

Played a blinder tho.

 

[jinkyali]

…I wondered if that would be the case given how 777 were so visible. I’d expect they’d be sitting alongside Thelwell.

Not Dan or his son. Their lackies.

 

[jinkyali]

With TFG takeover and with this city result today saying we have 400 mill interest free loan is that from moshiri. Then is written off when he sells the club?

It will be written off or turned to equity.

 

[helpimonfire]

Dan to fly in in his spitfire, circle the new ground, spray shots at Mosh who jumps into the Mersey, then Dan turns the plane to Analfield where he drops a few cheeky bombs.

 

[Librarian]

Quick question from me…what standing would TFG have legally to strike this deal with A-Cap. They are not yet owners of Everton so it would presumably be pointless for A-Cap to agree a deal with a would be suitor for Everton when the deal may fall through. TFG may have unofficially sanctioned the deal for Moshiri to negotiate, but surely the negotiation was with officials / executives from the club, not potential owners?

It’s not even clear that A-Cap have the right to negotiate and they in turn may well follow 777 down the drain, where does that leave this ‘deal’?

 

[Neiler]

I am afraid @Neiler that Citizen of Suburbia fella is leading people up the garden path

Why would Moshiri (seller) be negotiating on a deal - post acquisition by TFG (buyer)?

Why would Moshiri be negotiating terms when he won't be the owner and why on earth would TFG let him negotiate on their behalf?

CitizenSuburbia is also factually wrong as Steve who has literally written books on the Moshiri ownership of Everton demonstrates





777 Partners also don't really exist any more

All the negotiating has been done by TFG with ACAP.

Yep just catching up now, happy to accept, Mea Culpa!

Where I got confused, was the Moshiri deal had also had cash repayment, warrants and equity as part of his deal.

See the Journalists themselves have come out to clarify!

Prob a bit irrelevant really, it’s good news for the club!

 

[Damo_1878]

Yep just catching up now, happy to accept, Mea Culpa!

Where I got confused, was the Moshiri deal had also had cash repayment, warrants and equity as part of his deal.

See the Journalists themselves have come out to clarify!

Prob a bit irrelevant really, it’s good news for the club!

No worries mate, you were working. It is good news for the club, or certainly indications of there being "a plan" for the club

For me there is now light at the end of this very long long dark tunnel

 

[AsiaAsia82]

What a blinder he played. Was about to sell to a Ponzi scheme and bury the football club once and for all. Worst owner in English football history.

Apart from BK

 

[helpimonfire]

For me there is now light at the end of this very long long dark tunnel

Our Light is probably like this one.

 

[matty1878]

Not Dan or his son. Their lackies.

they’re lackies will do what we need!

 

[catcherintherye]

With TFG takeover and with this city result today saying we have 400 mill interest free loan is that from moshiri. Then is written off when he sells the club?

Yes