Farhad Moshiri

[bring the ghost on]

For Moshiri or any buyer? Serious question cos I’ve not got a scooby. Or is it that Moshiri can buy the other 51% at an already determined value irrespective of any future increase in the value of the company

Yes. It's not an option over the other 51% (because a large proportion of the shares, say around 20%, are owned by minority shareholders, fans, etc).

However, the significant holdings (Kenwright, Woods, et al) are all subject to options. The value of those shares will be in line with what Moshiri paid for the initial 50%, so those shareholders won't see the benefit of growth in those shares during the post-Moshiri investment era - that growth essentially belongs to Moshiri.

That applies to Moshiri exercising his options, not to third party buyers, however the options will also stipulate that they can't sell to anyone else (unless he waives his rights).

 

[Boss_Rarkley]

I've said it all along on here - if Koeman/Walsh had spent that money wisely in the summer no one would have a bad word said against him.

If we finish 6th next season or won a trophy after making 3-4 shrewd signings in the summer people would be gushing about him especially once planning permisson is granted for BMD.

He's been a very committed owner since he has come in (minus that idiotic expected loss comment). As I mentioned earlier - West Ham, West Brom, Saints, Palace, Newcastle and Stoke amongst others are all owned by billionaires yet none of them have been as committed to their respective clubs in backing the manager.

 

[TommyDavo]

Yes. It's not an option over the other 51% (because a large proportion of the shares, say around 20%, are owned by minority shareholders, fans, etc).

However, the significant holdings (Kenwright, Woods, et al) are all subject to options. The value of those shares will be in line with what Moshiri paid for the initial 50%, so those shareholders won't see the benefit of growth in those shares during the post-Moshiri investment era - that growth essentially belongs to Moshiri.

That applies to Moshiri exercising his options, not to third party buyers, however the options will also stipulate that they can't sell to anyone else (unless he waives his rights).

Right then, we can still go after the other 20% and I’m sure a few of them drink in The Brick, I’ll get a campaign started to demand £120m by a week on Tuesday!

 

[bring the ghost on]

He's been a very committed owner since he has come in (minus that idiotic expected loss comment). As I mentioned earlier - West Ham, West Brom, Saints, Palace, Newcastle and Stoke amongst others are all owned by billionaires yet none of them have been as committed to their respective clubs in backing the manager.

Agree with your sentiments, but not sure Moshiri is renowned for backing managers, he's sacked two already!

 

[matty1878]

Agree with your sentiments, but not sure Moshiri is renowned for backing managers, he's sacked two already!

And that is 3 in May

 

[davek]

It astounds me how so many (a large minority, as per the poll above) are still hoodwinked by Moshiri despite all the evidence of his incompetency in overseeing the governance of the club (including the hiring of clueless managers), his quite obvious continuation of the Kenwright policy of sell to buy + tv cash to use on squad building, and his terrifying plan to load at least £600M debt onto Everton with that BMD stadium scheme.

It's an article of faith now though surely?

It's established beyond doubt that he's an embarrassment to Everton and his tenure has coincided with us plummeting out of the reckoning in terms of clubs that command status and respect. We've become a cautionary tale in how not to spend money and last Autumn's marathon chase for another club's manager which ended in failure and the installing of a manager like Allardyce underlined how far down into the gutter we've sunk.

But that's not the worst of it - the worst is yet to come. We'll see a lot more sales than we will purchases in the summer I fear. Other clubs around us in midtable will consolidate and one or two will threaten our place there. And that stadium scheme is going to hit some serious headwinds. Last summer with a 7th place finish and spending spree thereafter was as good as it'll get for us for quite some time. IMO this feller is completely disinterested in Everton as a football outfit and is here as long as the BMD scheme still has a shot at coming to fruition. I'd be surprised when it does get stuck in the quagmire (and it will) that he'll tolerate that or be around very much longer after it does.

 

[joey_macmo]

Well no, they won't profit from Moshiri's investment because all of their shares are subject to a options at the acquisition value.

No they’re not, he’s only got options on the former true blue shares

Should have read just 1 post along ha

 

[joey_macmo]

It astounds me how so many (a large minority, as per the poll above) are still hoodwinked by Moshiri despite all the evidence of his incompetency in overseeing the governance of the club (including the hiring of clueless managers), his quite obvious continuation of the Kenwright policy of sell to buy + tv cash to use on squad building, and his terrifying plan to load at least £600M debt onto Everton with that BMD stadium scheme.

It's an article of faith now though surely?

It's established beyond doubt that he's an embarrassment to Everton and his tenure has coincided with us plummeting out of the reckoning in terms of clubs that command status and respect. We've become a cautionary tale in how not to spend money and last Autumn's marathon chase for another club's manager which ended in failure and the installing of a manager like Allardyce underlined how far down into the gutter we've sunk.

But that's not the worst of it - the worst is yet to come. We'll see a lot more sales than we will purchases in the summer I fear. Other clubs around us in midtable will consolidate and one or two will threaten our place there. And that stadium scheme is going to hit some serious headwinds. Last summer with a 7th place finish and spending spree thereafter was as good as it'll get for us for quite some time. IMO this feller is completely disinterested in Everton as a football outfit and is here as long as the BMD scheme still has a shot at coming to fruition. I'd be surprised when it does get stuck in the quagmire (and it will) that he'll tolerate that or be around very much longer after it does.

Jesus Christ that’s a huge amount of hot air with zero substance.

Just a parody account.

 

[GwladysBlue]

It astounds me how so many (a large minority, as per the poll above) are still hoodwinked by Moshiri despite all the evidence of his incompetency in overseeing the governance of the club (including the hiring of clueless managers), his quite obvious continuation of the Kenwright policy of sell to buy + tv cash to use on squad building, and his terrifying plan to load at least £600M debt onto Everton with that BMD stadium scheme.

It's an article of faith now though surely?

It's established beyond doubt that he's an embarrassment to Everton and his tenure has coincided with us plummeting out of the reckoning in terms of clubs that command status and respect. We've become a cautionary tale in how not to spend money and last Autumn's marathon chase for another club's manager which ended in failure and the installing of a manager like Allardyce underlined how far down into the gutter we've sunk.

But that's not the worst of it - the worst is yet to come. We'll see a lot more sales than we will purchases in the summer I fear. Other clubs around us in midtable will consolidate and one or two will threaten our place there. And that stadium scheme is going to hit some serious headwinds. Last summer with a 7th place finish and spending spree thereafter was as good as it'll get for us for quite some time. IMO this feller is completely disinterested in Everton as a football outfit and is here as long as the BMD scheme still has a shot at coming to fruition. I'd be surprised when it does get stuck in the quagmire (and it will) that he'll tolerate that or be around very much longer after it does.

ALL of that is literally your opinion on what is going on here. No substance at all. We’ve got the third highest netspend in the league this year, so the sell-to-buy policy in your agenda is clearly wrong.

You must be the only Evertonian who is trying to put a negative slant on a potentially iconic stadium on the banks of the Mersey.

 

[davek]

Jesus Christ that’s a huge amount of hot air with zero substance.

Just a parody account.

I think it's clear by now that you dont like to hold up the owner of this club to any form of scrutiny. That's your prerogative I suppose.

 

[davek]

ALL of that is literally your opinion on what is going on here. No substance at all. We’ve got the third highest netspend in the league this year, so the sell-to-buy policy in your agenda is clearly wrong.

You must be the only Evertonian who is trying to put a negative slant on a potentially iconic stadium on the banks of the Mersey.

He's arrived here and we've suffered a status loss, the squad is a mess, and the stadium scheme hangs by a thread held onto at one end by a man who's just been questioned under caution by the fraud squad and at the other by a man who's scrambling around unsuccessfully after private sector investors.

Tell me none of the above is true and just opinion...

 

[Brisan123]

Why isn't he putting any of his own money into the stadium?

Because he will use his own wealth to guarantee a cheap loan for the club
Every club that builds a new stadium incurs debt.
It’s the ability to pay the debt off comfortably that matters.

 

[GwladysBlue]

He's arrived here and we've suffered a status loss, the squad is a mess, and the stadium scheme hangs by a thread held onto at one end by a man who's just been questioned under caution by the fraud squad and at the other by a man who's scrambling around unsuccessfully after private sector investors.

Tell me none of the above is true and just opinion...

He is a man on a learning curve of owning a football club. He has trusted the wrong people, but shown he is willing to rectify mistakes by getting rid of managers. 99% of fans wanted Koeman as manager and many were happy when Steve Walsh were appointed.

He has shown he is willing to financially back the managers. He’s even given Fat Head money to spend.

IF Kenwright, Woods, Fat Head and Walsh are kept beyond this season, I’ll then say he isn’t acting in our best interests.

Re the stadium - you don’t know the details of the case, that isn’t against Anderson, and you don’t know if he is unsuccessfully ‘scrambling around’. These are your uninformed opinions. You need to start learning the difference between opinion and fact.

Stop the scaremongering, it’s getting tiresome.

 

[davek]

He is a man on a learning curve of owning a football club. He has trusted the wrong people, but shown he is willing to rectify mistakes by getting rid of managers. 99% of fans wanted Koeman as manager and many were happy when Steve Walsh were appointed.

He has shown he is willing to financially back the managers. He’s even given Fat Head money to spend.

IF Kenwright, Woods, Fat Head and Walsh are kept beyond this season, I’ll then say he isn’t acting in our best interests.

Re the stadium - you don’t know the details of the case, that isn’t against Anderson, and you don’t know if he is unsuccessfully ‘scrambling around’. These are your uninformed opinions. You need to start learning the difference between opinion and fact.

Stop the scaremongering, it’s getting tiresome.

He's not a child "placing trust in people and getting stung". He's a businessman who's serviced/services an oligarch...about as hard nosed as you can possibly get. He hired fools and he's the man who allowed them to spend close on £300M to make us worse than when he arrived! He's in control and it's down to him...as it always was with Kenwright, so there can be no moving of goalposts now

Anderson: it's a fact he's been brought in for questioning under caution. Period.

The stadium investment: I do know they're struggling for investors: the club told us and that's the reason the original financing plan with the council has been changed from facilitating a loan to loaning the cash...if the full council wear it...though why they would given recent events I have no idea.

Pointing out obvious failings cant be shouted down as "scaremongering" I'm afraid.

 

[GwladysBlue]

He's not a child "placing trust in people and getting stung". He's a businessman who's serviced/services an oligarch...about as hard nosed as you can possibly get. He hired fools and he's the man who allowed them to spend close on £300M to make us worse than when he arrived! He's in control and it's down to him...as it always was with Kenwright, so there can be no moving of goalposts now

Anderson: it's a fact he's been brought in for questioning under caution. Period.

The stadium investment: I do know they're struggling for investors: the club told us and that's the reason the original financing plan with the council has been changed from facilitating a loan to loaning the cash...if the full council wear it...though why they would given recent events I have no idea.

Pointing out obvious failings cant be shouted down as "scaremongering" I'm afraid.

So he is the first owner to get stung on managers wasting money? Don’t be daft. Also, he doesn’t even hold a seat on the board...yet.

Anderson was interviewed under caution so that they can use the information he provides the police as evidence in an ongoing fraud investigation case, he isn’t under suspicion of fraudulent activity.

Not once have Everton said they are struggling to find the investment for the stadium. Moshiri is on record saying “We WILL have a new stadium”.

Carry on the scaremongering, pal. Must be easy to just pick the most negative slant in any given scenario, covering all the bases.