Everton FC sale - speculation on timings

[bizzaro]

Earl was there with his butty money.

The suspicion has always been that it's Bill that's there as his 'Les Ambassadeur' & he's still there, if Earl had only been there as aproxy then no way would Rocky have got comps.

Not if you read the speculation about the Virginia Island holdings.

There appears too many links between Earl and Green to dismiss it.

Also look at the pattern. Green took £800 million in 14 years out of BHS and the argument is whilst he put money in what he took out far exceeded what was put in. In rent. Dividends and loan fees. Look at the fact that Vibrac loans and others were took out in the Virgin Islands. There's always been a suspicion that Green is somehow linked to this.

Going back to EFC the pattern is there was no net investment in EFC during the 15 years and whilst no obvious extraction of money by Green is seen. The unknowns behind these Virgin Island loans which had interest attached to then meant someone was making money out if EFC. Which I think was Green.

I'm also suspicious about the timings of the sale. Given what scrutiny Green is under and how it was Earl that disappeared first.

 

[Matty_j1878]

Not if you read the speculation about the Virginia Island holdings.

There appears too many links between Earl and Green to dismiss it.

Also look at the pattern. Green took £800 million in 14 years out of BHS and the argument is whilst he put money in what he took out far exceeded what was put in. In rent. Dividends and loan fees. Look at the fact that Vibrac loans and others were took out in the Virgin Islands. There's always been a suspicion that Green is somehow linked to this.

Going back to EFC the pattern is there was no net investment in EFC during the 15 years and whilst no obvious extraction of money by Green is seen. The unknowns behind these Virgin Island loans which had interest attached to then meant someone was making money out if EFC. Which I think was Green.

I'm also suspicious about the timings of the sale. Given what scrutiny Green is under and how it was Earl that disappeared first.

And that's all it is 'Speculation', until there's cold hard facts then this has nothing to do with Everton.

 

[toffee matt]

 

[joey_macmo]

Sounds like some Blue Union tinfoil hat stuff this @Bizarro

Have you been a double agent all along?

Mad props if so

 

[Dymak]

We are always told that we have been 'monitoring' or have been in discussions with someone for a year before they come to Everton. I think they may even have said it about Niasse. It's just a sound bite that the club uses all the time.

 

[Eric Djemba-Djemba]

I've contacted the police. They will be around shortly to arrest you Damo.

 

[ToffeeDan]

You are missing the point completely. If you substituted Green for Moshiri as the buyer and accused our new owner of needing funds to buy the club then it would make sense. As it is Green and Earl did lend money to Kenwright - nothing extraordinary in that and all above board. If the debt was settled what has that to do with BHS's troubles? Absolutely nothing

 

[ijjysmith]

I've reported this thread in the interest of GOT not getting in trouble because of the opening post.

 

[bizzaro]

You are missing the point completely. If you substituted Green for Moshiri as the buyer and accused our new owner of needing funds to buy the club then it would make sense. As it is Green and Earl did lend money to Kenwright - nothing extraordinary in that and all above board. If the debt was settled what has that to do with BHS's troubles? Absolutely nothing

I was taught to never view too many coincidences as coincidence.

There's too many coincidences happened here and the fact that Philip Green is about to be facing enormous scrutiny of all his financial affairs through parliament/the courts potentially. (Including those he puts in his wife's name to circumvent liabilities)

At the same time as that threat - EFC get magically sold.

Rather fortuitous to Philip Green wouldn't you say?

 

[magicjuan]

You are missing the point completely. If you substituted Green for Moshiri as the buyer and accused our new owner of needing funds to buy the club then it would make sense. As it is Green and Earl did lend money to Kenwright - nothing extraordinary in that and all above board. If the debt was settled what has that to do with BHS's troubles? Absolutely nothing

Doesn't matter if the debt was settled or not, if a slush fund was used.

Of course if any link can be made between Green, cash and the club, then it is connected to BHS. Green obviously knew he was on dodgy ground because he did what he did because that's what he does. Therefore it isn't inconceivable that the sale of shares is linked. Bear in mind Bill always looked for investment and yet sold a huge chunk of his shares, shares, it has been argued, he didn't own personally.

It isn't that far fetched a theory, this is Everton ffs, nothing is unbelievable....

 

[ToffeeDan]

I was taught to never view too many coincidences as coincidence.

There's too many coincidences happened here and the fact that Philip Green is about to be facing enormous scrutiny of all his financial affairs through parliament/the courts potentially. (Including those he puts in his wife's name to circumvent liabilities)

At the same time as that threat - EFC get magically sold.

Rather fortuitous to Philip Green wouldn't you say?

But Green is basically accused of helping himself to Pension funds and paying dividends from them as well.. he obviously didn't leave himself short of a few bob so where does his share of BK's £25-50M pay off (debt settlement) come into the grand scheme of things?

 

[ToffeeDan]

Please stop with the speculation about Moshiri. Google his ex-wife if you want the very essence of decency and upstanding humanity.

https://en.wikipedia.org/wiki/Nazenin_Ansari

Chatham House

https://en.wikipedia.org/wiki/Chatham_House

 

[bizzaro]

But Green is basically accused of helping himself to Pension funds and paying dividends from them as well.. he obviously didn't leave himself short of a few bob so where does his share of BK's £25-50M pay off (debt settlement) come into the grand scheme of things?

I don't know.

I'm just curious how these legal issues appear for Green and suddenly EFC is sold so all hints of links with EFC disappear.

Including off shore loaning schemes.

Remarkably coincidental that.

 

[bizzaro]

Doesn't matter if the debt was settled or not, if a slush fund was used.

Of course if any link can be made between Green, cash and the club, then it is connected to BHS. Green obviously knew he was on dodgy ground because he did what he did because that's what he does. Therefore it isn't inconceivable that the sale of shares is linked. Bear in mind Bill always looked for investment and yet sold a huge chunk of his shares, shares, it has been argued, he didn't own personally.

It isn't that far fetched a theory, this is Everton ffs, nothing is unbelievable....

It's setting my football finances radar off.

Looking at what's happening at BHS and then how EFC were suddenly sold after 15 years of being told no one was interested.


The fact Earl is GONE. In entirety too. Curious.

 

[The Esk]

The idea that the true beneficial ownership of BK's and Earl's shares ultimately belonged to Philip Green is preposterous. For that to be the case would suggest that Everton Football Club, it's directors and auditors and the Premier League have been involved in a massive conspiracy, committing numerous criminal offences in doing so.

The above is even before we get to the idea that Philip Green had such liquidity issues that he would have had to unload Everton shares (which he's never owned anyway).

Green had some involvement in assisting BK with his purchase that's fairly well established, and he's acted as an informal advisor to Bill on numerous occasions. There is zero evidence in the public domain that his involvement went beyond that for the reasons stated above.