Farhad Moshiri

7+ Years On... Your Verdict On Farhad Moshiri

  • Pleased

    Votes: 110 7.8%
  • Disappointed

    Votes: 1,298 92.2%

  • Total voters
    1,408
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Better ideas: get a commercial partner for the stadium; allow other organisations/individuals to buy into Everton and increase the size of the company stock to generate cash.

We will have a commercial partner for the stadium, quite a few no doubt, but the main one will be for the naming rights. Even if they pay 5 million a year, which maybe about right when we first start the contract (inflation will see that rise as time goes on) that's 200 million over 40 years to go towards the stadium.

We have already got diluted ownership, no one is going to take risks for small gain of owning 10% etc. The funding and debt of the stadium is not an issue, it is far better to have static small payments than try and cripple yourself with short term lending models that Arsenal and now by the look of it Spurs are using.
 
LOL

We spent 60m alone in the last window.

Did we? I thought it was around 45 after the window shut and that did include 2 deals worth 45 million falling through in terms of outgoings.

Either way that 60 million was planned to be a lot lower than it was, which still makes it sell to buy. Even the tv money is worth more than that. If we spent 60 then that was by accident as we had all intention of selling at least niasse and Barkley on deadline day
 

Better ideas: get a commercial partner for the stadium; allow other organisations/individuals to buy into Everton and increase the size of the company stock to generate cash.

I think a commercial partner in the stadium might fall foul of LCC, I take it though you mean liket he Arsenal and Manc City jobbos. As for your other idea do not think Moshiri or BK would like to dilute their holdings unless they had no voting rights, kept off the board which would probably be unacceptable, bit like Usmanov and Arsenal.

So methinks your suggestions would be nonstarters.
 
I think a commercial partner in the stadium might fall foul of LCC, I take it though you mean liket he Arsenal and Manc City jobbos. As for your other idea do not think Moshiri or BK would like to dilute their holdings unless they had no voting rights, kept off the board which would probably be unacceptable, bit like Usmanov and Arsenal.

So methinks your suggestions would be nonstarters.
...only because the major shareholder's objectives are not entirely in keeping with whats best for the club long term.
 
...only because the major shareholder's objectives are not entirely in keeping with whats best for the club long term.

Can't blame them Dave, they own a football club but at the end of the day it is a business not a charity.

Have to say Dave for me there was no alternative but Moshiri coming who thus effectively rescued the club from long term decline. BK etc did noy have the funds. You talked of an American Consortium but I seem to recall they were not exactly a sound proposition.
 

Interesting to see what Usmanov thought about Arsenal's decision to fund their stadium by loans loaded on the club:

'The previous decision by the Board to fund the building of the Emirates Stadium with long-term debt was, we believe, certainly not about self-financing. If it had been, it would have been funded through a mixture of debt and non-dividend equity. Instead it allowed, in our view, the major shareholders of the time, who happened to all be Board directors, to load the Club with a liability, to benefit from increased future revenue streams and consequent increase in the value of their holdings, whilst avoiding dilution of their equity. The Board of the time then appeared to pursue a policy of increasing ticket prices and squeezing the fans to cover the short term cost increases which allowed them to bridge until all of these shareholders and Board directors sold 100% of their holdings and cashed out at vast profits.'

Paragraph 9 in: http://www.bbc.co.uk/sport/football/18725835

In other words the board sold out making large profits after leaving the club with a large debt from the building of the stadium. Whether Moshiri and the board intend to do the same remains to be seen.
 

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