Takeover bid by Peter Kenyon

[Verbal Kint]

Won't be spending a penny until this plays out.

Not ideal for recruiting

 

[Goat]

Won't be spending a penny until this plays out.

Not ideal for recruiting

It wont change a thing mate.

 

[MikeH72]

Stupid question...

But is it plausible that they could ignore FFP and go spending mad money, taking a hit on points and Europe for a few years whilst growing the figures?

Is that possible

No that isn’t plausible.

 

[Verbal Kint]

It wont change a thing mate.

Do you think so?

Can't see Moshiri releasing more funds

 

[Goat]

Do you think so?

Can't see Moshiri releasing more funds

He cant release more funds anyway.

 

[Eggs]

Would they take that risk if they knew they could walk the promotion
Spending big money, big wages etc

…I wouldn’t think so.

 

[DualityNSNO]

Won't be spending a penny until this plays out.

Not ideal for recruiting

So... no change.

 

[riddick]

Has any American takeover been a success in this country?

People will point at Big Red, but they are successful due to Klopp, the owners havent backed him.
United went from the biggest and best club in the world to a nothing club that exists to earn money for its owners.
Arsenal are plop

The last thing we need is American ownership.

Am American. Can confirm: We are terrible unless we have a vested interest in the team (ie: Steve Cohen w/ NY Mets).

 

[PKwalnuts]

So I guess what is the point in new owners if we are so hamstrung.
There is no guarantee that new people in, when we are basically desperate for a sale is going to put the right people in place to improve us anyway.
It seems only when the stadium is in place, overpaid players have left and we have sold assets can we start to build again.
Can't wait.

 

[Goat]

Am American. Can confirm: We are terrible unless we have a vested interest in the team (ie: Steve Cohen w/ NY Mets).

No idea at all how American sports work, with the funding and stuff.

 

[DualityNSNO]

Am American. Can confirm: We are terrible unless we have a vested interest in the team (ie: Steve Cohen w/ NY Mets).

Hope Mark Cuban buys Everton then.

 

[riddick]

No idea at all how American sports work, with the funding and stuff.

Sometimes there are salary caps, sometimes nothing, sometimes a "luxury tax" if you exceed a certain threshold. MLB just implemented a "Steve Cohen tax" because the new owner of the Mets basically said "yeah, I don't care about money, I want to see my team win" and absolutely blew by the luxury tax threshold. Most all sports are entirely funded by TV contracts in their entirety. NFL, MLB, NBA all are 100% paid for with the TV contract alone. But there are limits to what you can spend in all sports but MLB.

 

[Goat]

Sometimes there are salary caps, sometimes nothing, sometimes a "luxury tax" if you exceed a certain threshold. MLB just implemented a "Steve Cohen tax" because the new owner of the Mets basically said "yeah, I don't care about money, I want to see my team win" and absolutely blew by the luxury tax threshold. Most all sports are entirely funded by TV contracts in their entirety. NFL, MLB, NBA all are 100% paid for with the TV contract alone. But there are limits to what you can spend in all sports but MLB.

They run the clubs as a business, which isnt always a bad thing, but its vanilla, we want chocolate chip.

 

[neil999]

COULD we liquidate Everton and restart as Everton 2?

 

[dublinbluenose]

Won't be spending a penny until this plays out.

Not ideal for recruiting

Same as any other business we will continue trading as normal. Any purchase would be added to the balance sheet same as any asset, any sales would be deducted from the balance sheet etc.