Blue Union Board Angst

[zzr45]

There's a simple yardstick: rich people dont have your best interests to the fore. Dont trust them because some time soon they will screw you over, and that holds true for football club owners.

Anyone looking closely at the Moshiri situation has to see what I see: a man who'll use cash that isn't his own to keep the club ticking over in the transfer market and who'll gamble with the club's financial well being for a couple of generations in order to get a stadium in place that will boost his chances of walking away with a massive profit.

If you dont see that then you haven't got your eyes open.

Liver Buildings, transferring long term debt, "improved" commercial deals...all nonsense designed to distract.

We'll finally see what he's doing this summer. Net spend in his first season in control is down on the previous two seasons before he arrived. And I'm convinced the sale of Lukaku plus Deulofeu and a couple of others will make up the vast majority of this summer's spending money, with another poor net spend. Then maybe more people will have the scales fall from their eyes.

In reality the Liver building has absolutely nothing to do with us. It'd be like buying a buy to let close to where you work. Whilst I'm sure it sounds good to say he's invested in it as part of the whole 'our club, our city' chain of thought it's just another revenue stream for him.

And let's be honest, no football club is run with a chairmans cash nowadays. It's a refusal to move with the times to think otherwise.

 

[davek]

In reality the Liver building has absolutely nothing to do with us. It'd be like buying a buy to let close to where you work. Whilst I'm sure it sounds good to say he's invested in it as part of the whole 'our club, our city' chain of thought it's just another revenue stream for him.

And let's be honest, no football club is run with a chairmans cash nowadays. It's a refusal to move with the times to think otherwise.

His stadium plan exposes Everton for decades to the vagaries of the football industry and consumer patterns.

As for paying for players: that should be done by him being savvy enough to grow the 'business' quickly and not just rely on increased tv cash spending each year and recycling player sales.

 

[Foot Long Hot Dog]

There's a simple yardstick: rich people dont have your best interests to the fore. Dont trust them because some time soon they will screw you over, and that holds true for football club owners.

Anyone looking closely at the Moshiri situation has to see what I see: a man who'll use cash that isn't his own to keep the club ticking over in the transfer market and who'll gamble with the club's financial well being for a couple of generations in order to get a stadium in place that will boost his chances of walking away with a massive profit.

If you dont see that then you haven't got your eyes open.

Liver Buildings, transferring long term debt, "improved" commercial deals...all nonsense designed to distract.

We'll finally see what he's doing this summer. Net spend in his first season in control is down on the previous two seasons before he arrived. And I'm convinced the sale of Lukaku plus Deulofeu and a couple of others will make up the vast majority of this summer's spending money, with another poor net spend. Then maybe more people will have the scales fall from their eyes.

Rich people will screw you over, what a philosophy on life that is lol

Moshiri is a businessman and of course he'll be investing in Everton with the long term view of making some money, but what you continually miss is the simple fact that in order to do so, he'll have to significantly improve EFC on and off the pitch otherwise there'll be no ROI

The idea that he stuck £80m onto the balance sheet and put £23m into the Liver building is somehow 'nonsense' designed to distract, puts you firmly in the barm pot category

 

[davek]

Rich people will screw you over, what a philosophy on life that is lol

Moshiri is a businessman and of course he'll be investing in Everton with the long term view of making some money, but what you continually miss is the simple fact that in order to do so, he'll have to significantly improve EFC on and off the pitch otherwise there'll be no ROI

The idea that he stuck £80m onto the balance sheet and put £23m into the Liver building is somehow 'nonsense' designed to distract, puts you firmly in the barm pot category

Oh yeah, that's right. I forgot. You and Photo-op-Joe believe in the serf-like fantasy of a trickle down effect of crumbs being brushed off the master's table, dont you?

£80M onto the balance sheet. He picked up the debt. You do realise that dont you? That it has to be paid to him now?

Liver building. Stop going on about the Liver building. It's irrelevant.

 

[Foot Long Hot Dog]

Oh yeah, that's right. I forgot. You and Photo-op-Joe believe in the serf-like fantasy of a trickle down effect of crumbs being brushed off the master's table, dont you?

£80M onto the balance sheet. He picked up the debt. You do realise that dont you? That it has to be paid to him now?

Liver building. Stop going on about the Liver building. It's irrelevant.

That loan will never be repaid

You brought up the Liver building as it was supposedly a 'distraction' in your barmy paranoid world

 

[davek]

That loan will never be repaid

You brought up the Liver building as it was supposedly a 'distraction' in your barmy paranoid world

In which case he'll convert it to shares and get a bigger slice of the cake when the club is sold...same difference.

 

[Foot Long Hot Dog]

In which case he'll convert it to shares and get a bigger slice of the cake when the club is sold...same difference.

He can only convert it into equity when he owns the club outright in which case the number of shares is irrelevant to their total value

You're clueless

 

[Amw79]

In which case he'll convert it to shares and get a bigger slice of the cake when the club is sold...same difference.

So what you're saying here is he'll have invested £160m to buy shares from Everton, grow the business over a period of time and sell at a point when Everton has been successfully grown as a business, so making a profit.

What exactly is the problem in all this?

 

[zzr45]

His stadium plan exposes Everton for decades to the vagaries of the football industry and consumer patterns.

As for paying for players: that should be done by him being savvy enough to grow the 'business' quickly and not just rely on increased tv cash spending each year and recycling player sales.

Same as any business that takes a loan out, same as taking a mortgage. Trying to frame it any other way borders on the ridiculous.

 

[4737carlin]

In which case he'll convert it to shares and get a bigger slice of the cake when the club is sold...same difference.

Not sure how you can have a problem with Moshiri making money from Everton, he will only do that if he turns us back into the sucessfull club we want to be.
Besides I don't recall you moaning about Martinez making money from the club, getting a 10m reward for abject failure?

 

[davek]

So what you're saying here is he'll have invested £160m to buy shares from Everton, grow the business over a period of time and sell at a point when Everton has been successfully grown as a business, so making a profit.

What exactly is the problem in all this?

The 'problem' will be a 40 year long wait to own a stadium and all the while not having control over the finances of the club.

 

[davek]

Same as any business that takes a loan out, same as taking a mortgage. Trying to frame it any other way borders on the ridiculous.

Nonsense. What mortgager seizes your income?

 

[davek]

Not sure how you can have a problem with Moshiri making money from Everton, he will only do that if he turns us back into the sucessfull club we want to be.
Besides I don't recall you moaning about Martinez making money from the club, getting a 10m reward for abject failure?

When Moshiri breaks any meaningful record at Everton that might become a pointed question.

 

[ianefc]

Nonsense. What mortgager seizes your income?

All of them. At least part of it.

What is it you think Moshiri should've done? What would have you thinking 'that's great'?

 

[Amw79]

The 'problem' will be a 40 year long wait to own a stadium and all the while not having control over the finances of the club.

First point, I couldn't care less whether it's 5,10 or 40 years. We will own it and the stadium will be there for generations to come.

The second is just incorrect. We retain control over our finances. We just have to pay the money back, same as any loan/mortgage.