Latest Takeover Rumour. The Moores / Noell one

[kithnou]

Everything inside me says this is a load of bollocks (not saying you said it mate) - however I think if that did happen it would probably show Kenwright was looking for the best deal for the club.

Would be an amazing final gesture

 

[Pabbers]

He said 30% of his shareholding, not 30% of the shareholding..I think.

Blonde moment from me, mate.

 

[TheHumbleEgg]

Amazing to me that people want an oil tycoon or a Chinese consortium for the club. Have you seen the price of oil or the state of the Chinese stock market lately? Those guys have no money at all any more.

...I reckon the Chinese are doin alright y'know. They've paid the Provy man off an' everythin'

 

[billytoffee]

Having watched Shaw shank Redemption again last night, I couldn't help but think it is time for @The Esk to set up a table in the GOT library to hand out free financial advice to the GOT inmates and guards.

Back on topic - Everton Broncos for the Premier super Bowl next season then !

 

[chazzle_dazzle]

So @The Esk based on your buying process and where you currently think the process currently is - how long would it normally take to close these things - the reported 2 weeks realistic?

Would the new owners need to go before the shareholders before completion? I seen on one of your posts that there could be an EGM forced to try and get some visibility on plans for the club from the Moores and Noell.

 

[TheHumbleEgg]

Define safe please

SAFE....in the knowledge that the current board will lie, and cheat, and swizz their way through for as long as they remain in situ.

That's safe.

 

[Ashtonian]

There is a rumour Kenwright is holding back 30% of his shares and will hand them over for nothing on competition of a new stadium.

I have no insider knowledge of financial matters so i may be talking out my arse here.

But if i was looking to take over a company/club/venue etc and part of the previous owner was offering that, i would tell him where to stick it. Either sell the club or i walk scenario, rather than have things dictated by previous owners.

 

[ijjysmith]

There is a rumour Kenwright is holding back 30% of his shares and will hand them over for nothing on competition of a new stadium.

A rumour from where?

 

[mightymoyes]

I'm clearly a novice at these matters, and smarter people than me have provided us with excellent breakdowns of the situation...but...even to a humble Antipodean like myself, it's obvious that if you buy in order to sell for profit, then you need to invest.

If we take the selling price as an example, as far as I'm aware, it has been 200 million for quite some time. Is that just an aberration or is it indicative of owners who have failed to realise the potential of their asset? If it was 200 million 4 years ago, imagine what it would be worth with some investment in infrastructure?

Perhaps this is what the Americans see. If it's worth that with "classic" infrastructure, imagine what it's worth with some careful investment.

id say bill is making a very significant profit after investing the square root of [Poor language removed] all for nearly 20 yrs.

 

[Swartzy]

Yeah as long as we’ve been waiting for this to happen it is just as worrying as it is pleasing when you think of all the teams that have ballsed up jumping the gun the sec a foreign investor comes on the scene, tho this is where i do have faith in kenwright, he would of certainly done his backround on the pair and no chance he’ll be letting his boyhood club slip into the hands of a couple of bandits. as long as keeping howard aint part of the bleeding deal!!

 

[Yankfootball1]

Owned a nothing franchise for about twelve years, turned them for a period of that time into a team battling for major honours, got a new stadium built for them, was forced to sell effectively as part of the results of his divorce settlement.

the team when he left was no worse off than prior, had a much better infrastructure, had its profile in the game raised hugely, had a new stadium. how exactly where they bad owners mate?

the equivalent to what they did at the Padres would be - redeveloping Goodison, or building a new state of the art ground, turning Everton for 5 years out the next twelve into a team that won a few cups and maybe the domestic league, played in the CL 4 times and reached a European cup final, and in twelve years when they sold we'd be sat around 7th - as in back where we started.

Would you take that now?

Very good post. Owned the team for 15+ years and ran it responsibly. Forced to sell in divorce. Built multimillion dollar software businesses so has business acumen.

Current board has done absolutely nothing from investment in the club.zero. How anyone could want them to stay is beyond me.

 

[Ashtonian]

What i would love to see from a take over;

1) Better sponsorship deals. Not some crap lager from Thailand that we aren't taking advantage of our exposure. A proper sponsor which pays a proper amount. FFS no-one even buys chang in this country!

2) money for the manager. It would be lovely if come the summer they could say to the manager here is 30 million to spend, based on the prize money and tv money, here is 30. Then if chelsea come back for stones, sales of him is then additional funds to the manager, not the sole source of it. So the manager can target better players in the market.

3) Bit of overseas exposure. United for example (bad example) have their own deadpool trailer! Just some exposure worldwide and convert some people into becoming blues, buying merch and stuff, thats what i want to see, more rick wees!

4) competitive wages. wouldnt it be nice if the club could have a rewarding wage structure, so the best players get pay rises to keep them? Rather than a glass ceiling we cannot afford to break?

 

[The Mighty Quint]

He doesn't own 30%

30% of his own shares, his shares are worth about 74m, so 30% of 74m held back until completion of a new stadium.

He'd still have 52m in the bank, I suppose that's enough to keep the wolf from the door in his old age.

 

[BoysInBlue]

At the expense of funding for the team? That's my priority at this point. Everything is wrong with that if that is what happens.

Why would funding for the team be adversely affected? To fill a new stadium we'll need a decent team. These new people are considerably richer than Kenwright and the current board.

 

[royalbalou]

I have no insider knowledge of financial matters so i may be talking out my arse here.

But if i was looking to take over a company/club/venue etc and part of the previous owner was offering that, i would tell him where to stick it. Either sell the club or i walk scenario, rather than have things dictated by previous owners.

I guess it depends if the new owners have already decided to build a new stadium..if they have then it's a bonus..if they haven't then I think you may be right