Latest Takeover Rumour. The Moores / Noell one

[neil999]

Nope, we couldnt build the annexe cos we didnt own the land.

We own nothing, not even the players who run around the pitch, they are owned by some shady offshore investment company.

what about that trophy we beat everton chile for? you know the won arteta looked dead pleased about

 

[D410]

Depends what rumours you believe, as it is today rumoured the Americans or their reps are over here

The exclusivity deal ended midnight Jan 31st and yet rumour is the order of the day as Everton FC choose not to be transparent.

 

[billytoffee]

I've go to say that the nay sayers in this thread who may or may not have a much deeper understanding than me regarding the financial matters of this great club, do paint a pretty bleak picture.

With that in mind I'd be willing to give some spotty oik with GCSE Business studies and 200 quid in his piggy bank a shot at this - so surely the yanks (regardless of motive or aspiration) cant do any worse - particularly given that there doesn't appear to be a long line of the greater good of the super rich lined up outside the Park End ticket office asking how much for the club ?

 

[SerenityNigh]

The exclusivity deal ended midnight Jan 31st and yet rumour is the order of the day as Everton FC choose not to be transparent.

The alleged exclusivity deal was in regard to due diligence review--no other interested party could look at the books during that time. A non-disclosure agreement would not have expired at the same time, and you'd expect both parties to remain silent until a deal is reached. If no deal is reached, you might see some acknowledgement but I wouldn't expect any disclosure of details.

 

[magicjuan]

Not at all. If you look at the Forbes 400 list, almost all from the prior list wold remain on the next list each issuance if they simply invested in low risk index funds. But the extreme wealthy get so by some level of risk taking, and very few are consistently on the list. They usually lose their money the same way they earned it.

-via Burton Malkiel

http://www.moneysense.ca/spend/real-estate/secrets-of-the-rich-use-other-peoples-money/

could go on all night, the money is either inherited or borrowed to generate greater amounts and never leaves a tightly knit circle, it is how money works, always has always will. Fractional reserve lending, not exactly trickle down economics is it?

 

[D410]

The alleged exclusivity deal was in regard to due diligence review--no other interested party could look at the books during that time. A non-disclosure agreement would not have expired at the same time, and you'd expect both parties to remain silent until a deal is reached. If no deal is reached, you might see some acknowledgement but I wouldn't expect any disclosure of details.

Speculation. Everton FC can confirm if an NDA is in place in this period but again no transparency.

 

[BigBlueConk]

Is this everything we never wanted?

 

[Catfish Blues]

Is this everything we never wanted?

 

[hibbo'sclass]

Nope, we couldnt build the annexe cos we didnt own the land.

We own nothing, not even the players who run around the pitch, they are owned by some shady offshore investment company.

Own the land but subject to a charge and the chargeholder wouldn't allow the development.
We own the player registrations Intangible fixed assets in the accounts.

 

[SerenityNigh]

http://www.moneysense.ca/spend/real-estate/secrets-of-the-rich-use-other-peoples-money/

could go on all night, the money is either inherited or borrowed to generate greater amounts and never leaves a tightly knit circle, it is how money works, always has always will. Fractional reserve lending, not exactly trickle down economics is it?

Mark Cuban, Gates et al, Jobs et al, the Waltons, Buffet... it doesn't take much effort to create a list of people who create wealth through effort and the risk of their own skin. They'll likely lose their wealth the same way, with the exception of those that plan to give it away philanthropically.

A few people have been successful in keeping their money through generations, but most people with tight fists find eventually there's nothing inside them.

 

[chrismpw]

Good post mate.

There's definitely an investment case for a new stadium and also one for a redeveloped Goodison, particularly when there are significant capacity and revenue constraints on the existing asset. Admittedly the initial return on capital is fairly low, but as you yourself point out it can significantly increase the asset value of the club.

Previously I have shown that a stadium with capacity of 50,000 including around 4000 executive seats could at capacity increase existing revenues from less than £20 million to £35/38 million without eye watering increases in ordinary or concession seating. If you add in the reduced running costs of a new stadium then you begin to see an acceptable return on say investment of upto £250 million.

We puny humans are not a lot dislike nature. In nature a young bush grows steadily, accelerates into full bushy maturity then after a while starts getting woody and bald in the middle, before the outer branches look straggly.
I would argue that football as a pass-time is in its full bushy maturity .... but in the future (x years) as people start getting fed up of the procession that is the wealthy elite mopping up - and as passion is strangled from the game in the need to manufacture the same old teams into the "champions" league, I can see football slowly becoming more straggly, as more and more people give up on paying the high prices to see the same old business run rubbish.

How would this new huge stadium look with around 10k supporters in it, in the future? Will football in the UK go the same was as baseball in the US?

 

[SerenityNigh]

Speculation. Everton FC can confirm if an NDA is in place in this period but again no transparency.

Erm... that would violate the NDA

 

[SerenityNigh]

You can't engage ridiculous statements directly, you can only hope to evidence the silly foundation.

Yet look at me

 

[billytoffee]

Apparently the deal was progressing well but appears to have hit a snag where neither side will budge - Kenwright wanted some sort of assurance that the Toffeegirl would not be replaced with some Hooters style replacement.

Yanks have said that they are not willing to compromise because they have a real thing for hughe chebs and camel toe.

 

[Julius Geezer]

http://www.moneysense.ca/spend/real-estate/secrets-of-the-rich-use-other-peoples-money/

could go on all night, the money is either inherited or borrowed to generate greater amounts and never leaves a tightly knit circle, it is how money works, always has always will. Fractional reserve lending, not exactly trickle down economics is it?

Is this the origins of "Babylonian money magik" ?
How the Rothschilds got wealthy ?