Farhad Moshiri

[bizzaro]

...did you plant a flag?

No flag, no claim...

Mate. Unlike @MoutsGoat I don't need to sit on it to claim it.

 

[Rob17896]

Am I missing something?

What has sparked the latest Usmanov speculation?

Hope

 

[Rob17896]

It's very unlikely a Court would see a scheme of arrangement as necessary given the requirement to have the agreement of 75% of the shares not held by the bidder for the scheme to be approved.

If Moshiri approached the court already owning or having the right of ownership to 75% (approx) the court (in fact his own lawyers prior to approach in the court) would point out that 90% is a lower threshold than 75% plus 75% of the remaining 25%.

If we ignore his options agreement and just look at his existing holdings (I'm not sure we can ignore the options agreeement but for the purposes of this, in theory) the threshold by going via a scheme of arrangement drops slightly to 87.5%.

As he owns nearly 50% and apparently around 25% are owned by fans, many who are now unknown then he is calling the shots full stop. Majority in the boardroom and well nigh impossible to muster the total shareholders in a crisis. He is the main man and that is that. He would not have parted with a penny otherwise.

 

[Hickson9]

http://www.liverpoolecho.co.uk/spor.../everton-rebirth-mersey-millionaires-11435046

Everton and the rebirth of the Mersey Millionaires.

We are back.

 

[Steve Wigan]

Not quite.

His holding company BHH in the I.o.M owns the right to acquire the shares on his behalf. If other investors were to come in alongside Moshiri I'm pretty certain they would acquire shares in the holding company not Everton directly (similar as to how R&W Holdings was constructed for Moshiri and Usmanov to hold their Arsenal shares).

It's not certain though that other investors are going to join him, nor is it certain it is necessary.

Thanks for that. With my limited knowledge , that's sort of what I thought. I think things are usually a lot simpler than many on here suggest. In fact, Everton/BK, Mosh have handled the 'takeover' pretty smoothly...in fact seamlessly and credit to all involved, in reality. Eventually BK, Jon W and Mr Abercrombie will no longer be shareholders, but if BK wanted a 'legacy' it will surely be that he did what he said...that is find a suitable new owner for Everton.

 

[neil999]

Money does attract money.

It's true. It's called 'hub economics'

We just have to remain disciplined.

Having money does not mean being stupid with it.

i call it hubonomics myself

 

[Bungle]

i call it hubonomics myself

You forgot to tag esk neil

 

[neil999]

You forgot to tag esk neil

@davek

oh ffs

 

[Bungle]

@davek

oh ffs

My other half said she very much enjoyed your company at Wembley on Sunday Neil

 

[neil999]

My other half said she very much enjoyed your company at Wembley on Sunday Neil

err... i didnt go

 

[Bungle]

err... i didnt go

Oh

 

[MACCA75]

Slow getting shut of Martinez. Slow to bring a new manager in.

#justsaying.

 

[kithnou]

Slow getting shut of Martinez. Slow to bring a new manager in.

#justsaying.

You want the man to hastily throw his £10-15m away?

 

[billytoffee]

Slow getting shut of Martinez. Slow to bring a new manager in.

#justsaying.

Only half of that statement is true.

 

[Brennan]

Slow getting shut of Martinez. Slow to bring a new manager in.

#justsaying.

#hashtagsarefortwitter