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[Football] For Sale: Everton Football Club £500m OBO







Jul 20, 2003
20,672
Remember how excited we were seeing our ground being built...

Remember THAT season before we moved in...

Two of my best friends from when I was an undergraduate, 30 years ago, are Everton supporters.

Lovely blokes.

One of them is booked up for coming down for the weekend in May when we have them, bringing his son with him. The other bloke has also said he's intending to come down.

It will be nice to see them again.

Potentially a little awkward when it comes to matters football.

Everton are looking at a Leeds/ Nottingham Forest decade ... or two.

I have pointed out that a proper Merseyside derby would include Stockport County. This didn't help.
 


Weststander

Well-known member
Aug 25, 2011
69,243
Withdean area
They’re all looking for new minority shareholder investment, the current obsession’s with Qatari money. Tottenham are also.

But there’s no such thing as a free lunch. Other parties, even Qatari’s, seem reluctant to part with £0.5B for a 24% stake in someone elses business. A stake that gives them zero control, zero ability to alter things.
 


Slum_Wolf

Well-known member
May 3, 2021
767
Sir Jim Ratcliffe could do worse buying Everton rather than Manchester United with a new stadium already under construction and a team that hasn't won anything for years.
United £4billion or Everton £0.5billion.
Everton would be a great project for someone who knows how to run a football club.
Well, he already owns one club that were relegated last season and Nice aren't really achieving much so Ratcliffe sounds ideal for Everton.
 


jackanada

Well-known member
Jul 19, 2011
3,506
Brighton
Should have got Palace's accountants to ring fence the stadium money.
It is ring fenced isn't it? you know minus the £50 for a student to do the mock up.
 




dadams2k11

ID10T Error
Jun 24, 2011
5,023
Brighton

That's was taken from an interview with the Chair of the Advisory board done last week apparently.

Everton released the full interview, shortly after it was announced they were up for sale by the Guardian.

 


Lenny Rider

Well-known member
Sep 15, 2010
6,010
Come a long way since Michael Knighton couldn’t raise the £9million in 1989 to buy Manchester United, including the freeholds on Old Trafford and the training ground?
 






Weststander

Well-known member
Aug 25, 2011
69,243
Withdean area
The takeover by 777 Partners has finally collapsed. That can only be a good thing for supporters in the medium to long term. The shysters haven’t got a jot of their own money, they operate a spinning plates of ever increasing high interest debts and opportunistic investments, hoping that one purchase and huge later sale (Everton) will make it all come good. Whilst fighting civil law suits and criminal charges for fraud. Everton would’ve bankrolled huge interest charges.
 


Rookie

Greetings
Feb 8, 2005
12,324
The takeover by 777 Partners has finally collapsed. That can only be a good thing for supporters in the medium to long term. The shysters haven’t got a jot of their own money, they operate a spinning plates of ever increasing high interest debts and opportunistic investments, hoping that one purchase and huge later sale (Everton) will make it all come good. Whilst fighting civil law suits and criminal charges for fraud. Everton would’ve bankrolled huge interest charges.
But what happens to the money they lent the club? This could get messy but it’s good that Everton won’t be stuck with them as owners
 


Weststander

Well-known member
Aug 25, 2011
69,243
Withdean area
But what happens to the money they lent the club? This could get messy but it’s good that Everton won’t be stuck with them as owners

Everton have got several secured against them big debts, as Moshiri lept from investor to investor for stop-gap finance in the last couple of years. Entities didn’t blindly ‘gift’ them money. When they are taken over, you’re right, something will have to give …. probably in the courts.

Villa and Everton in essence have the same annual income as us (larger crowds, but in poorer regions, didn’t make much difference). Yet they spent £600m and £550m on transfer fees alone, wages on another level. Everton falsely lived on the never never.
 






Mancgull

Well-known member
Nov 28, 2011
5,539
Astley, Manchester
But what happens to the money they lent the club? This could get messy but it’s good that Everton won’t be stuck with them as owners
Expect it’ll be converted into a loan, and would expect the interest rate may be quite high!
 


Pavilionaire

Well-known member
Jul 7, 2003
31,262
Everton fans will be pleased 777 won't be taking over but a big worry for incoming investors will be the money needed AFTER takeover to break into the Big 6 plus Newcastle.
 




amexer

Well-known member
Aug 8, 2011
6,830
Lost track of Everton and money. How much are they asking and assume cost of new stadium is on top. Surely if present owner is paying for stadium he will be selling the club for nothing
 


Weststander

Well-known member
Aug 25, 2011
69,243
Withdean area


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