New Everton Owners: The Friedkin Group

[pfim]

They wouldn't refinance the debt to be more manageable?

They wouldn't buy Everton.

 

[Exeter_Gently]

Please dont ridicule my beliefs.

Please don't share them on here then.

 

[ashwuk76]

Please don't share them on here then.

He doesn't have beliefs... he has antagonist points of view..massive difference

 

[Exeter_Gently]

He doesn't have beliefs... he has antagonist points of view..massive difference

Mate am fully aware of what he's trying to do here ha.

 

[Goat]

TFG are here for the long term.

They will invest as much as they can within the rules this Summer and going forward once the Stadium starts taking a profit they will take us to the very, very top.

Stand on me.

 

[Drico]

Are you suggesting there was other parties who offered a better deal for the club?

It was a crazy time at the club when all this went down but I had it down as 3 parties.

• Eagle Football Holdings (Textor).
• 777
• The Friedkin Group

I am not stupid so realise Chelsea would draw more interest due to the real estate aspect of the club as well as modern recent history but still 3 parties for an established premier league club always felt low to me.

We were an utter shitshow. Debt was massive, the stadium needed paying for, and points deductions hung over us like a Michael Keane contract extension. When the Friedkins eventually flip us - if they choose to - there will be a lot more interest.

 

[Exeter_Gently]

TFG are here for the long term.

They will invest as much as they can within the rules this Summer and going forward once the Stadium starts taking a profit they will take us to the very, very top.

Stand on me.

They wouldn't be bothering with Nelson dock if it was a quick flip.

 

[Bedfordblue]

I am not too sure you get my point at all.

We had one legitimate party interested in us, Chelsea had 50.

We are a massive value add opportunity which the new owners are currently doing to be fair to them. Stop belittling the opportunity this club is.

IMO We had two, TFG and Textor, Chelsea ultimately boiled down to 3 iirc, the rest to a greater or lesser degree will have been tire kickers and chancers.
Chelsea’s sale was more ‘news worthy’ as it was effectively forced by the gov with the proceeds supposed to go Ukraine.

I’ve no doubt we had more than the 3 enquiries from 777 and the aforementioned, but a fair few of them may well have thought they could hoover up EFC from administration for peanuts as that’s where we looked to be heading.

 

[Bally1989]

We spent a lot of the time period we were up for sale staring in to the abyss; Points deductions, no funds, PSR tightrope, a very real threat of relegation and a half built stadium. Yeah, amazed there wasn't a queue. I don't think it's a coincidence that we were sold to a proper party once it was obvious the stadium was nearing completion.

Yeah I get that at one stage why nobody was interested but once we confirmed safety in 2023/204 and the stadium 6 months from handover why wasn't there more interest.

 

[Bally1989]

IMO We had two, TFG and Textor, Chelsea ultimately boiled down to 3 iirc, the rest to a greater or lesser degree will have been tire kickers and chancers.
Chelsea’s sale was more ‘news worthy’ as it was effectively forced by the gov with the proceeds supposed to go Ukraine.

I’ve no doubt we had more than the 3 enquiries from 777 and the aforementioned, but a fair few of them may well have thought they could hoover up EFC from administration for peanuts as that’s where we looked to be heading.

The journo on talk sport whittled it down from 50 who could run the club and then asked 25 to be involved in a best bids process.

 

[Bally1989]

They wouldn't be bothering with Nelson dock if it was a quick flip.

Has anything moved along with that, interesting to see what they're intended use is for it.

 

[John from Bootle]

Yeah I get that at one stage why nobody was interested but once we confirmed safety in 2023/204 and the stadium 6 months from handover why wasn't there more interest.

Probably because a lot of people who might have been interested had already dismissed the idea at some point before then. Well, that would be my guess. Not sure many people with that much money would have even given us a second thought having dismissed the idea in the not too distant past. We hardly will have made a positive impact when we first went up for sale.

 

[Lanolin]

Yeah I get that at one stage why nobody was interested but once we confirmed safety in 2023/204 and the stadium 6 months from handover why wasn't there more interest.

Not that many people can just get their hands on £500m on a whim for a start.

 

[Exeter_Gently]

Has anything moved along with that, interesting to see what they're intended use is for it.

Been suggested we're in negotiations for it.

I only read what you read mate.

 

[Bedfordblue]

The journo on talk sport whittled it down from 50 who could run the club and then asked 25 to be involved in a best bids process.

Final bids made in three-way battle to buy Chelsea from Abramovich

The race to buy Chelsea from Roman Abramovich is now being contested between three rival bidders after final offers were submitted to US merchant bank Raine Group, who are in charge of the sale.

www.standard.co.uk