The Takeover Rumour Thread.

[davek]

Link

Really want it to be true but I still cant see it happening.

This bit made me laugh:

A lack of spending in the transfer market has frustrated supporters but chairman Bill Kenwright has had little option but to tighten the purse strings in order to maintain some stability.

Erm, maintain stability?

*looks at debt...then looks at league table*

Nice going Bill. I feel all stable'n'stuff.

 

[andym78]

There is also understood to be American interest in investing in Everton.

That doesnt sound good. If its between the indian lot and the next Glazers/Gillette and That Other One which do you think well end up with? :blink:

 

[Rugby Toffee]

Surely "major investment" are other words for another loan. I would rather hear the terms "buying the club" Or am I being cynical

 

[Del]

Surely "major investment" are other words for another loan. I would rather hear the terms "buying the club" Or am I being cynical

Bang on the money

Investment means Kenwright stays

 

[davek]

Investment: to be fair, if you're an Indian conglomerate looking for status and/or profit you're hardly likely to want to bung a few quid to some [Poor language removed] who's turned £19M worth of debt into £46M; sold the season ticket money down the road for a generation and fcuked up two stadium deals.

 

[Saliba]

Major investment could potentially be becoming a minor shareholder rather than taking over the club completely. If this happens and they're willing to provide funds (that aren't a loan) I'd still be happy.

I just cannot see how it is even viable for the club's financial future for the board to consider even bring in more debt financing. At the moment we are not profitable at all and need a major restructure, something these indian blokes may be able to do.

 

[Neiler]

I think any takeover is more complex then people think, the share isssue is quite diverse - unless there is an agreement in place amongst shareholders which to be fair is a shot in the dark - (i wouldnt walk away from a shareholding if new money was coming in) - nor do i think Earl and one or two others would. Even if there is a shareholders agreement in place amongst (and its a big if) Earl, Bill and Green and they decided to sell their shareholding, there is still another 31% of the total shares in the club held by other shareholders and the same problem exists.

So a big question is, is any interested party, looking to take a small shareholding, a majority shareholding or go after everything - which i think is unlikely to be honest due to the diversity. The percentage of the club actually owned by anyone coming in is important given the need for new money, lets be honest if you own say 50% your less likely to invest as much then if you owned 95%.

Additionaly, after the cost of the buying, its important to consider why would any investor take on company with £37 mill of debt, substantial liabailites, need for an outlay on new players and stadium. Its not a great deal to be fair - in fact you would prob be of your rocker to invest/buy Everton. There could be another angel to this of course, in and around land, international market, television rights in Asia etc. But its really hard to see how someone would get any value out of buying/investing in us.

To be honest i see a lot of snares in this the more i think about it, could well be something unknown of course, but tbh they would be better of buying Newcastle or someone - i just have this to good to be true feeling about this - happily to be proved wrong.

 

[paulbefc]

If we even just get investment I'm getting utterly ruined

 

[davek]

I think any takeover is more complex then people think, the share isssue is quite diverse - unless there is an agreement in place amongst shareholders which to be fair is a shot in the dark - (i wouldnt walk away from a shareholding if new money was coming in) - nor do i think Earl and one or two others would. Even if there is a shareholders agreement in place amongst (and its a big if) Earl, Bill and Green and they decided to sell their shareholding, there is still another 31% of the total shares in the club held by other shareholders and the same problem exists.

So a big question is, is any interested party, looking to take a small shareholding, a majority shareholding or go after everything - which i think is unlikely to be honest due to the diversity. The percentage of the club actually owned by anyone coming in is important given the need for new money, lets be honest if you own say 50% your less likely to invest as much then if you owned 95%.

Additionaly, after the cost of the buying, its important to consider why would any investor take on company with £37 mill of debt, substantial liabailites, need for an outlay on new players and stadium. Its not a great deal to be fair - in fact you would prob be of your rocker to invest/buy Everton. There could be another angel to this of course, in and around land, international market, television rights in Asia etc. But its really hard to see how someone would get any value out of buying/investing in us.

To be honest i see a lot of snares in this the more i think about it, could well be something unknown of course, but tbh they would be better of buying Newcastle or someone - i just have this to good to be true feeling about this - happily to be proved wrong.

...the abridged version of your long post:

"I just want Bill forever".

 

[tasslehoff]

In case any of our Indian Overlords are reading I would like to state for the records I love cows. FFS.

 

[Neiler]

...the abridged version of your long post:

"I just want Bill forever".

He isnt selling his entire shareholding mate. Just saying is all.

 

[Phenom]

ITS ON FFS!

 

[CahillsCornerFlag]

I will only believe it when Sachin Tendulkar parades round the pitch the same way Stallone did.

 

[tasslehoff]

YOUR DAMM RIGHT ITS ON! GET MESSI ON FFS!

 

[MoreCows]

I heart curry.