Latest Takeover Rumour. The Moores / Noell one

[hibbo'sclass]

Esk, general business question. (big) If the takeover isn't leveraged, how would the new owners be likely to approach current debt? Is it normal practice for more solvent owners to pay it off and thereby reduce long term interest, or are they more likely to let it roll under the current structure? I realise there may be penalties and so on for early settlement.

Depends which debt(s) are being referred to.

Without paying off Prudential there is the possibility that redevelopment and/or move couldn't happen.(GPSL/EIL structure and related charges)

JG (whatever it's current name is) would show a saving on interest payments per the esk so get rid if that's the case. However, if the same people are behind this as Vibrac, they have a track record of hitting borrowers with large legal fees for deviation from the agreement albeit a default (see Reading - 500k from memory). It may just be that the "legal fees" outstrip the interest saving.

But do you include deferred transfer fees which from memory was of a larger magnitude than the old Vibrac and Prudential loans. Personally I would say not as there is no advantage to be gained.

So, my take for what it's worth , Prudential definitely, JG, possibly, deferred transfer fees no

Edit But unless the takeover is 100% or immediate rights issue, the re-syructuring mentioned may be futile as it would have charges against the streams of income and assets already charged

 

[TraffordBlue]

I think some people are simply scared of change and like the routine and order they have in their lives. The most vociferous objectors to a move will likely be those that park in the same place every week after nipping to the same shop/pub/chippie for whatever floats their prematch boat, programme from the same bloke on the same street corner etc etc..........

They will simply need to open thier eyes, allow some reasoned and logical debate to enter thier minds, embrace the change and try a new routine.

True this.

The thing is, if we move to a new stadium we don't even have the excuse that the "atmosphere" will be lost. Goodison is home to the worst atmosphere in the league so if anything, the new stadium may improve things in that respect.

We need to move. Goodison is outdated, and although it will be hard to go, it will benefit us in the long run.

For a club with our fanbase, a stadium that only holds 39,500 ish isn't good enough. Those who like to run the club down will say that we "don't have the fans" for a 50,000 seater but I disagree.

Man City saw their crowds go from 33,000 to 46,000 with their stadium move and that was while they were coming in the bottom half. Our future looks promising and last season we sold out 12 home games, despite having the most obstructed views in the league. An obstructed view ticket gives you a £1 discount. So you have some games where an obstructed view ticket could cost you £45 for a big game at Goodison. People are much more likely to turn up in a brand new stadium. Our away support also gives an indication of our matchgoing fanbase and its potential as well.

 

[BoysInBlue]

Does Roberto normally do his press conference for the weekend on a Thursday ? For a home game especially its normally a Friday isnt it...?

No he always does it 2 days before the game. It's always Thursday for a Saturday game. Darren Griffiths mentioned it a while back on some EFC supporters evening thing I went to. Martinez likes the day before a game to be focused solely on the following days' game with no press duties.

 

[bugsy]

I think we missed the boat with the kings dock stadium,anywhere we get now will not compare with what that would of offered,location couldn't never be beaten

 

[abelard]

I think some people are simply scared of change and like the routine and order they have in their lives. The most vociferous objectors to a move will likely be those that park in the same place every week after nipping to the same shop/pub/chippie for whatever floats their prematch boat, programme from the same bloke on the same street corner etc etc..........

They will simply need to open thier eyes, allow some reasoned and logical debate to enter thier minds, embrace the change and try a new routine.

What amazing luck. 17 years and no one has been buying football clubs. Aside from Aston Villa (about to be relegated), Sunderland (about to be relegated), Newcastle (relegated + mike ashley), Liverpool (twice) (burned in effigy, hicks + gillette, 35m for andy carrol, 25m per signing and still worse than us), Manchester United (burned in effigy, laughably incompetent transfer policy, imposed hundreds of millions of debt), Manchester City, Fulham (relegated, could go down to league one), QPR (relegated, massive debt, horrible transfer policy, manager carousel), Bolton (bankrupt, about to be relegated to league one), West Ham (nearly brought down by icelandic economic collapse), Portsmouth (league two, owned by someone who didn't exist, traded between criminals), Derby, Birmingham City (owner in prison for fraud), Blackburn Rovers (relegated + players in indian chicken ads), Cardiff City (relegated + changed kit colours), and Arsenal, not a single English football club has been taken over in that time span, if you don't include Southampton (sell the best players every year), Reading (relegated), Stoke City, Hull City (relegated + "tigers" rawwwwwr), Leeds United (goes without saying at this point no?), Bournemouth, and Watford. And now as if by divine miracle a buyer appears in our hour of greatest need. We truly are blessed.

http://sidespin.kinja.com/the-padres-suck-heres-why-472930403

right, there's no actual reason or historical precedent that would suggest grounds for skepticism. clearly, mental deficiency is the only possible reason why anyone could still have reservations. it logically follows that everything is going to be wonderful forever.

FFS

if we're going to create half-assed psychological profiles for each other, how about this: the kind of people who have already decided, based on very limited information, that new ownership will definitely, unambiguously, 100%, only be an entirely good thing are subprime mortage-holding pyramid-scheme fodder, but its okay, cause a nigerian prince will in touch any day now to sort things...

 

[ste d' indica]

I don't think the fans 'expect' anything to be honest mate.

Apart from inevitable disappointment!

 

[hallamblue]

I think we missed the boat with the kings dock stadium,anywhere we get now will not compare with what that would of offered,location couldn't never be beaten

I disagree, the access to that stadium site was terrible. Anyone who has ever been to Sunderland or Middlesbrough will tell you, it takes ages to get there on a one track road and then the traffic at the end is appalling.

 

[Who's_up_for_cumpkins?]

Not based on any inside info, i think this will be done, or at least 'agreement in principle' by this time next week. We must have the odd poster on here who sits near the directors box who could spot and post, if one of Moores/Noell, close advisers, new faces are at match on Saturday?

Because if the above happens i reckon we're day's away from the announcement.

 

[paultheblue]

Not based on any inside info, i think this will be done, or at least 'agreement in principle' by this time next week. We must have the odd poster on here who sits near the directors box who could spot and post, if one of Moores/Noell, close advisers, new faces are at match on Saturday?

Because if the above happens i reckon we're day's away from the announcement.

How will we know ? will they be wearing a Stetson?

 

[Bungle]

How will we know ? will they be wearing a Stetson?

They'll be armed

 

[BoysInBlue]

I think we missed the boat with the kings dock stadium,anywhere we get now will not compare with what that would of offered,location couldn't never be beaten

I agree to a point mate, it would have looked fantastic and would've blew Liverpool's stadium out of the water (no pun intended), due to it's location and with the Liver Buildings so close by.

Parking may have been an issue though. If you ever go to the Echo Arena for an event, a full house is circa 10,000 and the traffic is murder. 50,000 for a footy match in the same location would've been horrific. They would've had to put in place all sorts of park and ride schemes and knowing how busy that area has become, I can't imagine how they'd have done that. There's no way any fans on a matchday would've been allowed to park within a few miles of the ground.

 

[paultheblue]

They'll be armed

Why are they going to the Grafton after?

 

[tmgc]

How will we know ? will they be wearing a Stetson?

They'll be the only ones in the crowd not screaming for a penalty when one of Pulis' grocks handles the ball in the penalty area.

 

[Dr Baxter]

I disagree, the access to that stadium site was terrible. Anyone who has ever been to Sunderland or Middlesbrough will tell you, it takes ages to get there on a one track road and then the traffic at the end is appalling.

Don't think that is comparable, to be honest. The King's Dock is in a city centre location with 4 underground stations and 1 main line train station within walking distance, dozens of bus routes, car parks and loads of black hackney taxis. It could have easily coped with 50,000 crowds because the city centre copes with double that every week day morning and tea time. You could have even had the ferries to take fans back over to the Wirral.

 

[Bungle]

Why are they going to the Grafton after?

*hastily googles 'Grafton Liverpool' to appear knowledgeable.