Farhad Moshiri

[Wat Tyler]

Nope, your right it says £31bn not $s
"Thornton is the executive chairman of Barrick Gold, one of the world’s largest mining companies with a net worth of £31billion"

Yes, the company, not Thornton

 

[AmericasToffee]

Wonder if this is all to do with the ties to Usmanov thing? Maybe Moshiri alone doesn’t have the funds to bankroll us and has got the word out that he’d consider selling for the right price?

100%

 

[Charles Hawtrey]

Bedsheets are significantly cheaper in the US... just sayin' like...

 

[Bedfordblue]

Wonder if this is all to do with the ties to Usmanov thing? Maybe Moshiri alone doesn’t have the funds to bankroll us and has got the word out that he’d consider selling for the right price?

Uzzy probably offered us to his Yankee industrialist pals over a game of poker in the BVI.

 

[BNJ1878]

Can you explain this mate ?

It's an 'in principle' agreement for a large commercial transaction.

It's not legally binding but they're not signed on a whim. Serious conversations have clearly taken place and both parties will be satisfied with the overall outcome.

I'm not sure what to make of it to be honest. If it's a standard yank leveraged buyout we're one mis-step away from oblivion. If they're commited to use their own cash it's interesting.

Kenyon has tried leading buyouts of several clubs over the past 10/12 years and has failed every time.

Let's see how it plays out.

 

[Drico]

I did like this part though

Everton have not commented on the talks, but any takeover may not be good news for chairman Bill Kenwright. The 76-year-old has held his position since 1989, but has become the target of criticism from Everton fans and Moshiri last week apologised to supporters for mistakes in a season in which the club narrowly escaped relegation from the Premier League.

This eliminates all objections from me. The cancer must be excised. I look forward to living in a world where Everton Football Club is no longer held back by an enthusiastic amateur with a natty line in nefarious Machiavellian small-time sentimentality.

 

[jinkyali]

Wasn't the Chinese bank the ones we deal with?

 

[ToffeeTim]

Can you explain this mate ?

It might not mean much, but it could be a first step. They are generally signed as part of acquisitions.

 

[LouReedwalkonthewildside]

Nope, your right it says £31bn not $s
"Thornton is the executive chairman of Barrick Gold, one of the world’s largest mining companies with a net worth of £31billion"

I'm sure I read the company was worth £31bn but his net worth is supposedly £3bn.

 

[formerly manx toffee]

Nope, your right it says £31bn not $s
"Thornton is the executive chairman of Barrick Gold, one of the world’s largest mining companies with a net worth of £31billion"

So we are being bought by gold diggers. @davek will love that !

 

[nsno-chris]

I'm sure I read the company was worth £31bn but his net worth is supposedly £3bn.

$3m

 

[formerly manx toffee]

I would expect that his copy sheet is not clean being the Exec chairman of huge mining firm. They will have been all over Africa doing business they way business is done there. Tainted I suspect.

 

[wainy]

I would expect that his copy sheet is not clean being the Exec chairman of huge mining firm. They will have been all over Africa doing business they way business is done there. Tainted I suspect.

Oumar Niasse is coming home to be chairman.

 

[Connor]

Tainted I suspect.

Putting it lightly

 

[Dixieslaces]

I felt like I knew the name Peter Kenyon, so I googled him.

Per Wikipedia,

Peter Kenyon (born 1954 in Stalybridge, Cheshire) is a British businessman who has served as the chief executive of English Premier League football clubs Manchester United and Chelsea, where he has been involved in contentious transfer dealings.

Yeah, no ta

Should be nowhere near this Club, period.