15 Jun 2024 14:05:28
There is no way this new owner will let Everton go into administration.
I highly suspect he will be buying the shares for around £400m then settle map debt.
He will restructure the other debt and I guarantee we get a few players in.
This guy has got Roma doing well more than we could ever dream for. he's decisive and not scared.
I think this is good shout all round.
{Ed002's Note - All that he has committed to is giving Moshiri the money to buy his shares at the current price and guaranteeing to pay off the overdue MSP debt and provide funds to keep the club afloat for a month or two. For that he gets nearly all of the club (94%).}
15 Jun 2024 14:37:59
I think that's called buying the club Ed.
{Ed002's Note - Others see this money as going to the club to spend on players I am afraid. The club will still have more than £1B in debt.}
15 Jun 2024 15:12:44
Like a few other premier league clubs Ed, but hopefully someone that can guide our club a lot better than recent times. Appears to be a lot of positivity amongst others and media for him.
{Ed002's Note - Sure but there were better options.}
15 Jun 2024 15:45:59
The only thing we should be concerned with is whether or not this owner is better than Moshiri and whether we are in a healthier and more secure position than we were beforehand.
If the answer is yes, that is all that matters to me.
If we manage to at least tidy things up off the pitch and stay in the league, perhaps with a healthier finishing position. We will become a much more attractive proposition in the future, especially with the stadium.
15 Jun 2024 16:09:03
Bang on BlueNose.
15 Jun 2024 16:09:50
I think most of us will be happy with a drama free season. A few decent additions wouldn't go a miss. It's going to take a while to clear the mess up.
15 Jun 2024 16:20:14
Better options for Moshiri?
15 Jun 2024 17:04:30
Not really sure why other bids were potentially better options? The new stadium is the game changer, why are some people obsessed with debt?
15 Jun 2024 17:43:52
It's hard not to be obsessed with debt when that debt is over 1 billion pounds and the club is loss making.
Even if we were the most profitable premier league club in existence it would take us about 7 years to get that down to a manageable level and that would require us to also be successful on the pitch.
Also the big issue is not the debt, but the interest on the debt - most of that £1b has been loaned at very unfavourable terms I would expect and the interest is simply huge, and I doubt we could ever turn a profit while still paying that interest, so getting an owner that would reduce that debt was critical.
15 Jun 2024 18:07:37
Something to moan about ToffeeRealist mate.
15 Jun 2024 16:10:11
Ed, Would Bell and Downing have been that much better? We still would be a billion in debt whoever took over. All B&D would have done is refinance the debt and surely Friedkin will do the same?
{Ed002's Note - With MSP, yes.}
15 Jun 2024 16:17:36
I respect your knowledge and judgement Ed002 so value your view more than the mainstream media circus. Would have liked seen bell and downing myself purely as Evertonians.
We need some good news as a club so hopefully despite yours and others concern the guy may actually prove people wrong, we got to have some hope and change of luck Ed.
{Ed002's Note - Improving but would be neat to see them.}
17 Jun 2024 04:00:39
I definitely would have preferred Bell and Downing with Dell in the background.
Obviously they are two very successful Evertonians and while football is now a business, it helps if the owners have the club in their dna.
We shall see what the new owner says when/ if it is confirmed. All we want atm is stability and a path towards self sustainability.
UTFT NSNO.