Latest Takeover Rumour. The Moores / Noell one

[The Esk]

Makes sense to me.

Maybe that'd put pressure on them actually delivering that though? And if they didn't for whatever reason they'd have the supporters on their back?

Agree - but why go public with something unless you are absolutely sure you can deliver?

 

[hibbo'sclass]

Forgive me for stating the obvious, but
BK has played an absolute blinder here.
Assuming that a scheme of arrangement is required because of the number of small shareholders, BK is the only shareholder large enough to block it.
If the board in it's entirety like it, he only needs Abercrombie and the estate of Sir Philip Carter onside (if Grantchester was against it)

 

[bluemangroup]

There feels something so Everton on the horizon about this

 

[Dithering Dougie]

I'll be honest it's to late and I'm to pissed to remember what's been going on for the last few days.
Now I know how Chngy Elephant feels everyday!

So I'm just going to trust the board and owners who've steered us well through stormy climes and wait to see the final outcome.

 

[royvernon39]

Although I am a confirmed Kenright-hater and few will be happier when/if he goes, you have to be suspicious/wonder about what non-supporters, other than Billionaires who are too rich to care, are doing investing in football clubs, especially those like EFC who need an upgarded stadium.

 

[blueblue]

Makes you wonder what games exactly were being played at the recent AGM ,certainly not the games that people thought at the time. Any new owners/investors will have had an input into the club's new stadium deliberation.

 

[SPOTTER]

I'm no expert but from what I've read these guys seemed to do wonders up until moores divorce so I'm totally hoping this happens.need to check out the women he dabbles with mind.

 

[bluerobert]

I'm out the country for Christmas and haven't really had a chance to read up what's going on. What exactly is happening or reported to be happening?

 

[tonka1878]

There feels something so Everton on the horizon about this

 

[Brennan]

Although I am a confirmed Kenright-hater and few will be happier when/if he goes, you have to be suspicious/wonder about what non-supporters, other than Billionaires who are too rich to care, are doing investing in football clubs, especially those like EFC who need an upgarded stadium.

I feel that to many wealthy investors it's something to keep them entertained. Owning a top level sports team must bring a lot of excitement and reward that other business ventures can't match.

 

[kithnou]

Ideal world seeing it is still Christmas:

100% takeover
Redevelopment of Goodison
Additional capital to improve squad
Working capital to improve commercial and global marketing performance
Funded by equity not debt

What's satisfactory below those ambitions? Have to wait and see.

Sign me up for any consortium which pursues those please....Christmas time and beyond

 

[Rook]

Although I am a confirmed Kenright-hater and few will be happier when/if he goes, you have to be suspicious/wonder about what non-supporters, other than Billionaires who are too rich to care, are doing investing in football clubs, especially those like EFC who need an upgarded stadium.

Wanna make some monies on your investment?

Stones + Rom + Coleman = 100-120M right there.

 

[mlyons]

Wanna make some monies on your investment?

Stones + Rom + Coleman = 100-120M right there.

Leaving you £80 million in the hole, a club plummeting down the table, and revenues cratering. Still seems like a terrible plan to make money.

 

[Zatara]

Not at all. The value of the club would still be above £100mil, the club is undervalued if its available for £200mil. Not only in terms of players/assets but revenues.

I find it odd also that the new guy at Palace, Joshua Harris has run Philadephia 76ers into the ground...the liverpool guy werner sold that other team to Moores and they were in a bad way....kroenke doesnt seem to invest in the clubs he owns...and neither do the glazers.

Karl Henry seems to be the only one building up the Red Sox but thats likely because hes an actual fan....the other American investors into English clubs dont seem to improve their US sports teams and i imagine the same will be said for their English clubs.

If we could get a top notch new stadium id rather keep Kenwright.

Leaving you £80 million in the hole, a club plummeting down the table, and revenues cratering. Still seems like a terrible plan to make money.

 

[degsy]

Not at all. The value of the club would still be above £100mil, the club is undervalued if its available for £200mil. Not only in terms of players/assets but revenues.

I find it odd also that the new guy at Palace, Joshua Harris has run Philadephia 76ers into the ground...the liverpool guy werner sold that other team to Moores and they were in a bad way....kroenke doesnt seem to invest in the clubs he owns...and neither do the glazers.

Karl Henry seems to be the only one building up the Red Sox but thats likely because hes an actual fan....the other American investors into English clubs dont seem to improve their US sports teams and i imagine the same will be said for their English clubs.

If we could get a top notch new stadium id rather keep Kenwright.

Unless it's a total vanity purchase the aim must be to make money.

All the money, from all the sources, that comes in...goes out...we don't declare many surpluses year on year on year.
The due diligence thing, I presume, is for the buyers to see where it all goes and what's in it for them...eg. is there money to be made.
I don't know which worries me more? they do the due diligence thing then back out or
They do it and still buy...I mean why would you, mortgages, vibac loans. season ticket money spoken for. no owned assets other than players
I wonder if the jewel in the crown IS the 24M or whatever 'Other Operating expenses'