New Everton Owners: The Friedkin Group

[PeregrineT]

He's invested into Roundhouse an not the club,what will this mean going forward?

Someone may have already answered, but I believe Roundhouse was only created 6 months ago for the explicit purpose of holding Everton, it only owns Everton and nothing else.

 

[Exeter_Gently]

Someone may have already answered, but I believe Roundhouse was only created 6 months ago for the explicit purpose of holding Everton, it only owns Everton and nothing else.

I just wondered if there was any financial Pro or Con to doing this?

 

[PeregrineT]

I just wondered if there was any financial Pro or Con to doing this?

If I were purely guessing(which I am!), its the combination of his extra funds, his experience as a minority owner running a club, and his vast connections for both sponsorships and financing with his time at Goldman Sachs...

 

[GoldenToffee]

I hope we've got sponsorships coming out of our arses this time next year. Seems like the right people are being brought on board.

 

[Eggs]

….huge contrast in Board members (even observers), not long ago we had DBB and Graham Sharp.

 

[matty1878]

i’m telling you in 4 years time we will

OWN world football

 

[Infernus]

i’m telling you in 4 years time we will

OWN world football

How do those dry sheets feel my good man?

 

[Frenk]

What?

Something’s not right I can tell by the tone, what is it Dave, what’s wrong?

 

[royalbalou]

He’s the absolute spit of Charly Cheswick from One Flew Over the Cuckoo’s Nest

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[royalbalou]

More like Sgt Bilko

 

[Daytripper]

He’s the absolute spit of Charly Cheswick from One Flew Over the Cuckoo’s Nest

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When Prentice attends his appraisal

 

[RinkyDinker]

In the Times:

"Sarofim a known admirer of Sean Dyche, was somewhat dismayed to learn post his multi million pound investment, that Dyche and Everton had parted ways. Undeterred Sarofim intends to re- instil Dyche's philopeshey, of getting lads back on the grass, ensuring no effort is left wanting in getting players, Premier League Fit, Fit and continue the work that Dyche had started in changing Everton's Story".

In the Daily Sport:

Tragedy as body of Hide & Seek world champion found in Bramley Moore Dock. Goodison to remain open for 2 more years while police remain on site.

 

[Vintage]

Bit surprised at the Sarofim development. On one hand access to additional capital is always welcome but I wasn't anticipating that TFG would be going down the route of looking for new investment.

My guess would be and seems to be the same with a few others on here that's it's more like a dragons den type investment. Probably coming onboard as much for his know how and contacts than the actual financial investment.

 

[Efcjake]

How do you know that?

Because it's what's their press release basically said in the Guardian

Sarofim has joined Everton’s ownership group, Roundhouse Capital, and will be given an observer position on the football club’s board. Sarofim’s family company, Fayez Sarofin & Co, manages assets worth an estimated $31bn (£23bn) and Everton’s owners have recruited him with a view to giving them access to broader sources of funding. His personal wealth is reported to be more than $3.7bn. His money is believed to be going into Roundhouse rather than the club. No new shares will be issued at this stage.

He's acquired a piece of the ownership company Roundhouse and it seems they want his contacts to help him secure beneficial lending deals.

The days of Moshiri style interest free loans are probably over for us. These relationships will give us access to some very good terms for any investment we do need from lenders though.

 

[Liam-EFC]

….huge contrast in Board members (even observers), not long ago we had DBB and Graham Sharp.

Not forgetting an absolute charlatan like Bill Kenwright running the club for 20 odd years.

Finally we have competent business men at the helm.