The Takeover Rumour Thread.

Status
Not open for further replies.
Everton Takeover Latest

October 24, 2011

home-panew-sport-10-1.jpg.display-e1319499493144.jpg

The background to this….
Two weeks ago the Cutter broke a story about an imminent take-over of Everton FC by an Indian Consortium. http://www.thedaisycutter.co.uk/2011/10/cutter-exclusive-new-everton-owners-announced-this-week/
Within the text is clear mention of a ‘complicated three-way transaction for a forty-acre land deal in the city’. We were aware right from the beginning that this involved the area of Halewood and, more pertinently, Finch Farm, Everton’s training complex.
We were asked very specifically by our source not to say where the area was and relented to our source’s request in the hope of gathering further information down the line by doing so.
I did however blab to my Everton supporting mate about this who promptly put it on an Everton forum from where all hell broke loose.
The reason that he did so was because he was highly dubious of the validity of the story based upon two key aspects –
1/ He, along with every other blue, has heard all of this before many times over. In fact they are heartily sick of hearing such rumours.
2/ Everton no longer own Finch Farm so, in that respect, the story didn’t tally.
The Cutter – previously aware of this fact – was also suspicious of this aspect but was swayed by the cast-iron reliability of our source and because Finch Farm is only a piece in the jigsaw here. Forty acres. The deal – should it go ahead – is far bigger than merely the training ground and will involve retail, business, and residential redevelopment. If true the Indian Consortium are looking to invest heavily in Liverpool the city so its perfectly reasonable to assume that such a commitment could also involve Everton Football Club too.
The Cutter promised to publish an apology should nothing occur within a certain time-scale. To be perfectly frank we have no experience of land deals – I’ve never worn a hardhat in my life – so such a complicated procedure (which we are led to believe involves not only the Consortium but a retail giant and the local council) could conceivably take a number of weeks, maybe even months.
In the event an important piece of this jigsaw was announced only hours after we published our apology. Finch Farm has been put up for sale.
During that week we replied to virtually every Twitter enquiry with the words ‘Look out for a land deal announced in the press very soon’.
So obviously when such news came out people were suddenly – and thankfully – more inclined to believe that we are not on the wind-up here. Most anyway. Some suggested, quite reasonably, that I am involved somehow with DTZ, the property consultancy appointed to sell the training ground. Not true. Until last week I had never heard these initials before and when asked would have guessed it was a crap rap act from X-Factor!
Does this signify that things have progressed to the stage where the person/s is no longer willing to jeapodise things? I certainly hope so.
I am perfectly happy to concede that I’m learning as I go with all of this. In effect an exclusive fell into my lap – a gift – and truthfully my initial reaction was ‘Can I capitalise upon this and make some money?’ Not in a snidey underhand way. Simply to not look a gifthorse in the mouth so to speak.
Within minutes I realised that I couldn’t so decided to go completely the other way – to basically inform Evertonians of this news and be as accommodating as I can be. Get some extra readers for the Cutter of course – I do this as a hobby but unless people read it it’s a pointless hobby – but also maybe get to know a few decent guys along the way. That has been the case via Twitter and its something I’m chuffed to bits with.
So what is the latest?….
The latest is alas nothing this end. Or at least the trail has gone cold. My source has gone to ground. Clammed up and isn’t saying a word.
Does this signify that things have progressed to the stage where the person/s is no longer willing to jeapodise things? Possibly. I certainly hope so.
I can say one thing for certain – if it’s fallen through the person/s would have informed me for sure.
I also know for sure that meetings have taken place about the purchase of Everton FC over the past fortnight. I also know that they know that I know. This is probably an extremely obvious point that won’t surprise anyone but people high up at the club read the forums. The Cutter, Grand Old Team, ToffeTalk, Blue Kipper and NSNO discussing this has not gone unnoticed.
Some blues on Twitter are telling me that there are rumours about Everton’s top brass holding talks in India last week.
This is encouraging. I heard – well, I know – that a meeting took place sometime between the 12th-14th October in the UK so its conceivable that follow-up talks then took place in India with – and this part is purely speculation on my behalf – the main protagonists from the Indian side. The consortium send over lawyers to deal with the pre-negotiations then Everton go to them for the more detailed negotiations.
I hope this is indeed the case.
 
Props to him for following up. He truely trusts his source and believes something might happen.
This is probably the best and most convincing rumour we have had about a take over.
Really hope it is true!!!!
 
This is even bigger than I originally was led to believe . As my source said , " Don't forget , we are talking about Everton and Bill Kenwright here " .... This is the only problem I can forsee !
 
This is even bigger than I originally was led to believe . As my source said , " Don't forget , we are talking about Everton and Bill Kenwright here " .... This is the only problem I can forsee !

Eccentrics in this situation are either all or nothing. They either make a great impression in meetings/negotiations or they manage to wreck everything by themselves.

If this is valid, then let's hope Kenwright makes a strong first impression. But if he should bottle it, then here's hoping for a motivated buyer willing to look past it.
 
"I did however blab to my Everton supporting mate about this who promptly put it on an Everton forum from where all hell broke loose.
The reason that he did so was because he was highly dubious of the validity of the story based upon two key aspects –
1/ He, along with every other blue, has heard all of this before many times over. In fact they are heartily sick of hearing such rumours.
2/ Everton no longer own Finch Farm so, in that respect, the story didn’t tally."


I have a problem with this bit. I know the bloke who 'blabbed' about the Finch Farm sale and posted the PDF. He posts mainly on a small forum I help to administrate - Chuffed to be Blue. He first announced it on that forum, then went over to Kipper and mentioned it there (under the name csb ) - and they begged him to upload the pdf, which he did.
I've met this guy several times at meet ups etc and he's sound - not one to making up rumours. Anyway - he claims that as far as he's aware, this daisycutter chap is nothing to do with him! He DID get sent the sales particulars by 'a mate' - but it wasn't the daisycutter guy.
So, unless the mate who sent csb the sales particulars IS the guy daisycutter blabbed to, there's a bit of an inconsistency in the story.

Hope that makes sense!
 
"I did however blab to my Everton supporting mate about this who promptly put it on an Everton forum from where all hell broke loose.
The reason that he did so was because he was highly dubious of the validity of the story based upon two key aspects –
1/ He, along with every other blue, has heard all of this before many times over. In fact they are heartily sick of hearing such rumours.
2/ Everton no longer own Finch Farm so, in that respect, the story didn’t tally."


I have a problem with this bit. I know the bloke who 'blabbed' about the Finch Farm sale and posted the PDF. He posts mainly on a small forum I help to administrate - Chuffed to be Blue. He first announced it on that forum, then went over to Kipper and mentioned it there (under the name csb ) - and they begged him to upload the pdf, which he did.
I've met this guy several times at meet ups etc and he's sound - not one to making up rumours. Anyway - he claims that as far as he's aware, this daisycutter chap is nothing to do with him! He DID get sent the sales particulars by 'a mate' - but it wasn't the daisycutter guy.
So, unless the mate who sent csb the sales particulars IS the guy daisycutter blabbed to, there's a bit of an inconsistency in the story.

Hope that makes sense!

The knee bone's connected to the dick bone.
 
I must be speaking another language today! Maybe I should try posting like LCAB!

Long story short:
Daisycutter says that the guy who uploaded the pdfs on our forums is his mate.

But I know the guy who uploaded the pdfs, and he doesn't know daisycutter!

Better?
 
Further info - csb (my mate) has just posted this on Kipper:

"Now far be it for me to pour cold water on this but.....

It was me that connected Finch Farm to the supposed Indians and I only did it (made it up) as I'd happened to have been sent the sales details earlier that day. I don't know the person who does that website (they're a City fan aren't they and the mate who sent me the sales details is a Liverpool fan).

Something about this doesn't sound right to me."
 
So, this story comes out about FF being up for sale and a story is woven around it to the effect that 'if someone's coming in to buy Everton's training ground (for circa £16M) then they'll also turn their attention toward buying out a football club (valued circa £120M)'.

Yeah, sounds like a goer.

*constructs list of world class players to buy*
 
*constructs list of world class players to buy*

I reckon we can get Del Piero on a free and could get away with paying him 200k a week on a 5 year contract with the option of a further 3 years.
 
I am a sceptic (aren't we all with takeover rumours) but the one thing that nags away on this one is the supposed land deal mentioned by our new found guru The Daisycutter. If I was interested in buying a football club such as Everton and new that they were only renting a training ground from a landlord at an extortionate rate with annual increases and only a 5 year break option then I would see that as a priority. I would want to own the training ground and not be tied in to a long term lease arrangement which is heavily weighted in favour of the landlord. The next tenant option to buy is in July so why not cut and run now as a landlord if you know that in nine months time it is likely that the club would seek to buy the land. The landlord according to the lease has a right to payments on any increase in the value of the facility on an on-going basis so there is very little risk to them.

I don't know whether this 2+2 adds up to 4, 5,6,7,8,9,10 but if the above scenario was even close to the truth then it does all make a bit of sense.

It could just be that the landlord wants to realise an asset and some cash in to a business to invest elsewhere.
 
Status
Not open for further replies.

Similar Threads

Welcome

Join the Everton conversation today.
Fewer ads, full access, completely free.

🛒 Visit Shop

Support Grand Old Team by checking out our latest Everton gear!
Back
Top