New Everton Owners: The Friedkin Group

[windymiller]

i don’t think i’ve seen any positivity to valadate that

You don't have to be positive to be an Evertonian, Matty, in fact positive Evertonians are definitely in the minority!

 

[matty1878]

You don't have to be positive to be an Evertonian, Matty, in fact positive Evertonians are definitely in the minority!

we are indeed mate

 

[Bally1989]

Hello lads.

 

[RomanReigns]

We drew 1-1 just like our Roma brothers

 

[Bally1989]

They have a week to show some actual ambition or we’ve basically got warmed up Kenwright here

 

[Chewbacca]

I’m sure they will supply the money if a genuine target is identified. Not spending in this window is on Kinnear, the recruitment team and Moyes

 

[Bally1989]

I’m sure they will supply the money if a genuine target is identified. Not spending in this window is on Kinnear, the recruitment team and Moyes

Ultimately they hired all of them there’s no excuses for them.

 

[Lapeno77]

Strangely, I'm reminded about the saying of the difference between a pessimist and an optimist.

A pessimist will always say 'this is terrible, it can't get any worse'

An optimistic will say 'oh yes it can'

 

[Paulie]

I received a dividend payment of £22.82 for my share of dividends paid out after the sale of EFCW. Does that mean Roundhouse Capital have received just under £37m?

 

[SJB]

I received a dividend payment of £22.82 for my share of dividends paid out after the sale of EFCW. Does that mean Roundhouse Capital have received just under £37m?

Around £44m

 

[Paulie]

Around £44m

And I take it works like that? It's as simple as paying themselves them dividends?

 

[SJB]

And I take it works like that? It's as simple as paying themselves them dividends?

Key context: This was not from operational profits but from the capital gain on the women's team transfer. Roundhouse Capital (owning 99.7% of Everton) received the vast majority of the dividend back (99.7%), making it largely a restructuring move that benefited the parent owners while providing a small payout to minority shareholders.

 

[pfim]

And I take it works like that? It's as simple as paying themselves them dividends?

Yes, it creates an accounting benefit for the men's side. It's even possible that the dividend was paid in kind to the parent (no cash changes hands), but since there are other minority shareholders those would be paid in cash. I'm only speculating, but I don't think actual cash will be a problem with this group, what they need to continue to do is grow revenues to help with the PSR/SCR calculations upcoming.

 

[blueblue]

Wasting money on mediocre signings is hopefully in the past.

Clubs do not want to sell their best players in January. Hopefully we get players in before the window closes but I think they will probably be loans.

 

[Scally1878]

Anyone see the crypto fan token [Poor language removed] the clubs social media have been advertising