AGM

[gwladysnight]

So really Moshiri owe's £350m to himself because ho owns the club.

Moshiri doesn't own the Club he owns 77.2% of the Club. So if he writes off the £350m he is in effect giving his co owners a free £70m.

 

[mahermi1]

Moshiri doesn't own the Club he owns 77.2% of the Club. So if he writes off the £350m he is in effect giving his co owners a free £70m.

I'd have to agree to disagree with your rationale there fella.

 

[Goat]

Which one of them is the billionaire ?

The 1 smiling.

 

[Goat]

Moshiri doesn't own the Club he owns 77.2% of the Club. So if he writes off the £350m he is in effect giving his co owners a free £70m.

I wish them the best of luck getting that 70m out of the club.

 

[mahermi1]

I wish them the best of luck getting that 70m out of the

I wish them the best of luck getting that 70m out of the club.

Yeah there will be thousands of single shareholders, ecstatic that they could be in for a share of £70m.

 

[gwladysnight]

Surely if we are going places under Usmanov then the value of the Club is going to skyrocket. The Clubs we are supposedly going to go head to head with are valued in terms of billions. So those ecstatic shareholders are going to own 22.8% of a billion or two.

 

[AndyC]

Was that debt there prior to Moshiri mate? I remember us being in debt under Kenwright but wasnt sure if Moshiri cleared it with this being new debt or not.

Debt incurred since the original wiping away of debt by Moshiri

 

[AndyC]

The USM capital injection, is an increase of 36 million, that's pretty close to our net spend last summer i noticed mate. Its the wages to turnover ratio that looks problematic, but we have shed a good few bodies with lads leaving as well as taking on new wages i.e. player trading, hopefully we can sustain.

The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.

 

[mahermi1]

Surely if we are going places under Usmanov then the value of the Club is going to skyrocket. The Clubs we are supposedly going to go head to head with are valued in terms of billions. So those ecstatic shareholders are going to own 22.8% of a billion or two.

Don't need it according to you they've already got £70m between them.

 

[Librarian]

Moshiri doesn't own the Club he owns 77.2% of the Club. So if he writes off the £350m he is in effect giving his co owners a free £70m.

He’s already agreed the price of the remaining shares though so it doesn’t matter

 

[mahermi1]

The period concerned in the accounts released last night doesn't include the purchase prices/wage costs of Gomes (wages of Gomes for last season but not this summers purchase price), Iwobi, Delph, Gbamin and Lossl.
There is still serious work needing to be done to correct the financial position.

Haven't we gained a couple more sponsors, if that's the correct word lately, Angry Birds etc and a few others, also USM have doubled the finch farm sponsorship from £6m to £12m, isn't that going to help with our FFP ?

 

[blueblue]

You're getting the piss taken out of you. That board were there last night to announce £110M losses. A calamity. And all they had to do to get you and others back onside was to tell a tall story about Usmanov throwing £30M at the club.

"Not arsed lad - Uzzy's got this lad" <---------------- The desired outcome they wanted from fans last night. And it seems like they got it.

Have a closer look at the accounts Dave. 80m was accounted for by amortization of players values. The actual loss was just under 30m taking into account player trading. I am sure you realise this already .

 

[gwladysnight]

He’s already agreed the price of the remaining shares though so it doesn’t matter

Can you show any evidence of this ?

 

[Librarian]

Can you show any evidence of this ?

Bill Kenwright will sell half his Everton stake in Farhad Moshiri deal

Bill Kenwright has decided to sell half of his 26% stake in Everton to facilitate the deal which will see Farhad Moshiri take over an initial 49.9% of the club

amp.theguardian.com

 

[Brisan123]

Everton owe moshiri 350m. Same as Chelsea owe abramovich 1.25billion

Ah look our favourite is back