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If the Esk says so it must be true
He is never ever wrong
Friedkin-Everton: pronta l’offerta per il 30% del club
Friedkin-Everton : un matrimonio che forse s'ha da fare. Due mesi fa l'affare era praticamente concluso, poi c'è stato il ripensamento arrivato il 19 luglio a causa delle preoccupazioni per i tanti debiti nei confronti della 777 Partners . Ora i texani hanno una nuova idea: mettere le mani su...m.laroma24.it
A Roma site suggesting they want a 30% stake which wouldn't be surprising as they originally wanted a minority stake,allegedly.
Probably a fair bit as Moshiri has zero interest so he will be happy for someone else to run everything whilst he sits it all out.What influence on the club could Friedkin have with a 30% stake?
If this comes off then it has to be a positive for Everton. Effectively it would be converting the £200M loan into club shares, so it's another big chunk off the high interest loans we are paying. It would also be a foot in the door for a future takeover (like Moshiri did)Friedkin-Everton: pronta l’offerta per il 30% del club
Friedkin-Everton : un matrimonio che forse s'ha da fare. Due mesi fa l'affare era praticamente concluso, poi c'è stato il ripensamento arrivato il 19 luglio a causa delle preoccupazioni per i tanti debiti nei confronti della 777 Partners . Ora i texani hanno una nuova idea: mettere le mani su...m.laroma24.it
A Roma site suggesting they want a 30% stake which wouldn't be surprising as they originally wanted a minority stake,allegedly.
That was the second thing I was going to ask...Can Friedkin covert his loan into shares?If this comes off then it has to be a positive for Everton. Effectively it would be converting the £200M loan into club shares, so it's another big chunk off the high interest loans we are paying. It would also be a foot in the door for a future takeover (like Moshiri did)
What influence on the club could Friedkin have with a 30% stake?
Indeed. While he wont have the same stadium build challenge (and who knows costs) as MU are facing, at least the debt and financing costs are quantified here. Get his own people into the C Suite, finance and commercial leadership positions and keep the lights on until BMD hosts its first event/game and the Leadenhall case is resolved. When we reach the second of those two milestones, things will look a lot more positive for a minority shareholder to buy out the balance.Do what Brexit Jim has done at United. Buy a chunk, run it and keep it afloat, use it as equity to buy the remainder once the stadium is done and the court case sorted.
Will keep our heads above comfortably above water.
IF Moshiri wants to. No doubt will use it to keep his ridiculous valuation the same to attract more interest
What influence on the club could Friedkin have with a 30% stake?
If this comes off then it has to be a positive for Everton. Effectively it would be converting the £200M loan into club shares, so it's another big chunk off the high interest loans we are paying. It would also be a foot in the door for a future takeover (like Moshiri did)
Ta mateIt would either be a pathway to ownership or pretty much the biggest influence in whoever does eventually takeover.
They will still be able to invest money into the club and help us get more commercial revenue.
If you recall, MSP weren't actually looking to buy the club this time last year, they were looking to buy a 25% stake.
Either way it's good news, reports of people not wanting to touch us are obviously bollox and it helps the club move forward and ultimately be another step towards Moshiri's exit.
It’s happening then.Joe Thomas from The Red Echo albeit has poured cold on the Friedkin 30% idea.
Joe Thomas from The Red Echo albeit has poured cold on the Friedkin 30% idea.