New Everton Owners: The Friedkin Group

What do we reckon?

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I repeat my question, who?

Not to be disrespectful to those guys who probably have more money than most of us will have in our lifetimes, but they are not as well financed as TFG and they are certainly not a sovereign wealth fund, which our board financial analyst assumes are waiting in the wings.
Bell and Downing was just talk because of the attachment..

They had to find other investors to be able to fund it, which wasn't happening.

It would be like knights at the round table running our club if they had come in..
 
“Other bidders would have come forward”

Other bidders:

1776182629936.webp


*Todays Financial Times.
 
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Ah yes, I remember how many advocated 777 for the same reasons, claiming there wasn't anyone else.

When Textor was looking likely, I wanted/preferred TFG but the benchmark shouldn't be 777, or indeed Textor.
None of those people matter at this point, but it just hammers home the level of buyers who were interested in us at the time. It was clear neither party had the access to cash to close the deal.

The 24/25 numbers show a business that is broken, unprofitable, and unable to replace assets (players) at the rate needed. It's why we had such a limited pool of interested parties. PSR/SCR being implemented (and enforced) further narrows the pool of buyers imo (see what is happening to Newcastle).

But for the club, writing off what has been accomplished thus far, financially, is borderline embarrassing. None of the known interested parties would have been able to accomplish this, to this degree. Certainly others, just as well financed, could have. But they were not bidding to our knowledge.

The football needs to follow it, obviously, but the finance needs to happen before the football, not the other way around.
 
None of those people matter at this point, but it just hammers home the level of buyers who were interested in us at the time. It was clear neither party had the access to cash to close the deal.

The 24/25 numbers show a business that is broken, unprofitable, and unable to replace assets (players) at the rate needed. It's why we had such a limited pool of interested parties. PSR/SCR being implemented (and enforced) further narrows the pool of buyers imo (see what is happening to Newcastle).

But for the club, writing off what has been accomplished thus far, financially, is borderline embarrassing. None of the known interested parties would have been able to accomplish this, to this degree. Certainly others, just as well financed, could have. But they were not bidding to our knowledge.

The football needs to follow it, obviously, but the finance needs to happen before the football, not the other way around.

I was like a stuck record saying it at the time but I simply never believed it was 777 or bust, or Textor or bust etc. I dont think that was the real benchmark of interest.

We'll never know but my own belief Usmanov/Moshiri were trying to 'kick the can' to get money into the club until sanctions were lifted and used publicity craving 777/Textor and co as patsies. The £200m USM Arena was pulled, so they played 777 like a fiddle to get that money into the club.

The war went on, sanctions didnt lift and they ran out of time and as soon as the club were, IMO, genuinely available;



... Vatche Manoukian, MSP Sports Capital, V Sports, MSD Partners/Dell/Bell/Downing consortium - that was just what we heard of in about a week.

You dont really hear of the serious players, I remember the Everton ITKs were claiming the Americans (name escapes me/Swansea connection? [Edit: Moores and Noell) had bought Everton and it was all done. Within a day or two Moshiri was confirmed out the blue.

Everton represented an opportunistic steal, and it's what Friedkin got.
 
If you drill down into it - they are spinning plates, it’s not gifted money, it’s selling assets like the ground to themselves and they like Villa have to sell a player every summer.
We saw Anderson, Minteh and Isak go to stay on the right side of the law, they are struggling to maintain now - because they cant receive Angel investment and income has to be self generated.
They were initially buoyed by good decision making in Isak, Bruno and one or two others - fair play and you need that also- but they have grown their cost base significantly recently in wages and amortisation and finding it difficult to maintain and get quality for quality replacements when the need to sell - they have replaced Isak with Wissa amd the like, depth is paper thin and the wheels as seen this season have started to come of a bit.

They will have to sell big again this summer, id guess one of Bruno, Tonali or Hall Livamento goes - they as ive been saying cant generate enough revenue to maintain - its the only show in town.

They've done what they had to do to negotiate PSR and backed Eddie Howe big time.

Ownership like that here would see similar huge backing.

It's naive to think we wouldn't...more like an attempt to view our current owners as people we should be grateful for as they begin to turn their attention toward exploiting the people who built and maintain Everton - the fans.

This wont end well mate. I can guarantee that 100% - because they're not the type of owners who have the will or plan to stop it happening.
 
I was like a stuck record saying it at the time but I simply never believed it was 777 or bust, or Textor or bust etc. I dont think that was the real benchmark of interest.

We'll never know but my own belief Usmanov/Moshiri were trying to 'kick the can' to get money into the club until sanctions were lifted and used publicity craving 777/Textor and co as patsies. The £200m USM Arena was pulled, so they played 777 like a fiddle to get that money into the club.

The war went on, sanctions didnt lift and they ran out of time and as soon as the club were, IMO, genuinely available;



... Vatche Manoukian, MSP Sports Capital, V Sports, MSD Partners/Dell/Bell/Downing consortium - that was just what we heard of in about a week.

You dont really hear of the serious players, I remember the Everton ITKs were claiming the Americans (name escapes me/Swansea connection? [Edit: Moores and Noell) had bought Everton and it was all done. Within a day or two Moshiri was confirmed out the blue.

Everton represented an opportunistic steal, and it's what Friedkin got.

Textor likely brought TFG back to the table, agreed.

Zero chance that 777 was used to kick the can down the road. All they needed to do was show the PL they had the financing in place and they would have had the club. They couldn't, because they're 777, but that would be a very risky/dumb game to play for Moshiri/Usmanov to let it get that far.

Of all the people that came out of the woodwork after that deal fell through, none had the financial backing like TFG which is ultimately what we are talking about. I was interested in buying the club as well, but my check bounced...

If there were "serious" bidders, they not only had a chance to buy the club when the 777 deal fell through, they also had the chance to buy it when TFG tabled their interest. It doesn't hold to logic that none of the other supposed qualified bidders just let it slide for months, if it was a steal.

The club was sold in December for 400-500 million (depending on the payout to Moshiri) when there was still a threat of relegation. It's not a steal, the club is worth what it sold for (unless you believe Moshiri/Usmanov would take less money to sell to TFG, which doesn't seem all that likely).
 
Would be a terrible move if that happened

What do you expect Howe to have achieved? Did a fantastic job at Bournemouth. People now take for granted they are a Premier league club, which is crazy really.

Newcastle he took over whilst they were bottom of the table and he’s had them in the Champions league twice and won a trophy.

Yes, he had money, but less than 5 other clubs that he started miles behind. I think there are mitigating factors for them this season.
 
What do you expect Howe to have achieved? Did a fantastic job at Bournemouth. People now take for granted they are a Premier league club, which is crazy really.

Newcastle he took over whilst they were bottom of the table and he’s had them in the Champions league twice and won a trophy.

Yes, he had money, but less than 5 other clubs that he started miles behind. I think there are mitigating factors for them this season.
Listen to the Newcastle fan on YouTube for a breakdown on his management and you'll see why he's not a good choice
 

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