Farhad Moshiri

[havrey0123]

Did you not get the memo?

How to bypass ffp and moshiri giving money to the club in loans that has to be repaid, aswell as taking out loans from banks

Soon the loans will be more then the club is worth, so what exactly is the end game here

 

[roydo]

How to bypass ffp and moshiri giving money to the club in loans that has to be repaid, aswell as taking out loans from banks

Soon the loans will be more then the club is worth, so what exactly is the end game here

Mate, I deliver parcels for a living, Moshiri runs multi national companies for him and his billionaire mate.

But loans to the club will get turned into equity, and that then inflates the value of the club, which he gets back when he sells up.

Plus them there docks stuff.

As a guess

 

[ToffeeTim]

It would be nice to see what his future intentions are and how he intends to finance them.

All were seeing is negative net spends and no increase in turnover and wages to turnover ratio that is too high.

He has now spent more then arsenal spurs and Liverpool since he has been here in terms of transfer fees AND net spend and still don't have a team to get anywhere near the top 6 never mind the top 4.

What have I just read

 

[roydo]

What have I just read

You know that legend about a room of monkeys and typewriters that will eventually write Shakespears plays?

Thats their first draft.

 

[havrey0123]

Mate, I deliver parcels for a living, Moshiri runs multi national companies for him and his billionaire mate.

But loans to the club will get turned into equity, and that then inflates the value of the club, which he gets back when he sells up.

Plus them there docks stuff.

As a guess

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit aswell.
Your looking at a valuation close to a billion, I can't see it.

 

[havrey0123]

What have I just read

Someone concerned about the future of the club and the losses it's making

 

[Goat]

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit aswell.
Your looking at a valuation close to a billion, I can't see it.

You and Your.

 

[ToffeeTim]

Someone concerned about the future of the club and the losses it's making

But you said we keep having negative net spends. How can we make losses if we have negative spends where we bring more in than we spend?

Please enlighten me mate. They mustn't have taught me about this sort of thing in my accountancy and tax exams lol

 

[ForeverBlue92]

Someone concerned about the future of the club and the losses it's making

Lets leave all that to the Billionaire accountant and his Oligarch partners I think they know more than some plucky Reds hoping we go bust

 

[ToffeeTim]

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit aswell.
Your looking at a valuation close to a billion, I can't see it.

I wouldn't want you advising me if I ever need some corporate finance advice

 

[roydo]

The maths doesent add up.
You have a 500m stadium with a relatively low capacity, 250m in loans needing to be repaid to moshiri.
The Liverpool waters project that has had planning permission since 2010 nothing of note has been done, besides is a 50 year project, moshiri is 65 now I can't see him being here when he is over 100 years old.

A 500m stadium plus 250m owed to moshiri plus the value of the club and also I am guessing moshiri would like to make a profit aswell.
Your looking at a valuation close to a billion, I can't see it.

Like I said, the debt gets turned into equity. So that becomes an asset. The ground would be valued as an asset, not at what it cost to build.

The rub to be fair to you, is the debt to actually build the thing. Like many, I am perhaps naively thinking that is kinda squared off behind the scenes, so to speak.

As for profit, my line for a few years now has been that a wider narrative is being played out. Everton, the ground, Moshiri are all a conduit to that.

 

[paulf]

Someone concerned about the future of the club and the losses it's making

Concern yourself even more when we build our third stadium in the city...

 

[Death]

You know that legend about a room of monkeys and typewriters that will eventually write Shakespears plays?

Thats their first draft.

It's more of a scientific fact of the nature of infinity than a legend. Soz to be that guy.

 

[roydo]

It's more of a scientific fact of the nature of infinity than a legend. Soz to be that guy.

Well its an unproven scientific theory, that can never be actually proved. But on balance, is probably right.

Moshiri just logged into his Lloyds bank account, sources close to Sky say.

Cancelled his Sky subscription by all accounts.

 

[catcherintherye]

Like I said, the debt gets turned into equity. So that becomes an asset. The ground would be valued as an asset, not at what it cost to build.

The rub to be fair to you, is the debt to actually build the thing. Like many, I am perhaps naively thinking that is kinda squared off behind the scenes, so to speak.

As for profit, my line for a few years now has been that a wider narrative is being played out. Everton, the ground, Moshiri are all a conduit to that.

I know it's pernickety but the club have a value on the stadium of £350.

There is clearly a wider game being played here, around Liverpool waterfront and commercial assets that go alongside it. Some of this will be played out in public (the purchase of the Liver Building) but much of it will never see the light of day (and if people are aware of it they will not make it public).

As you've said, there's an easy way to turn debt into shares which I suspect will happen. I don't actually think Moshiri and whoever may be behind him are massively concerned about Everton turning a profit. I think they are quite happy to subsidise Everton if needs be to secure the wider goals around the waterfront. If they were concerned making a profit far more emphasis goes on commercial deals and we don't keep having big summer splurges.

I think Everton, and particularly a successful Everton operating on the waterfront is of enormous strategic value to them. If Brexit goes a certain way there will be great opportunities in the city centre/sea front and the people who own the football club, much of the land around it and buildings live the Liverbird (and any others) will be in a very good position.

I have been critical of lots of things Moshiri has done and the board. I am not roundly uncritical. To me 52k is a travesty. However I am very calm it gets built. When Oligarchs want something to happen, they exert a fair bit more influence than blokes like Bill Kenwright.