Times article

[Nebbiolo]

D/D, feel free to merge this with the other thread. I just wanted to draw attention to it. It says the middle-eastern consortium is favourite to buy the club and that an Indian investor (perhaps Ambani?) has registered an interest.

Everton set for change of fortune in takeover | Everton - Times Online

Everton set for change of fortune in takeover

Oliver Kay

Everton are expected to become the next Barclays Premier League club to fall under Arab ownership after it emerged that a Middle Eastern consortium is favourite to buy the club. An Indian investor is also understood to have registered an interest in the Merseyside club, but the more advanced bid is from an investment group in an Arab state that is preparing to make an official bid within the next fortnight.
Bill Kenwright, the Everton chairman, has been looking for outside investment for the past three years, conscious he does not have the wealth to enable his club to compete at the top end of the transfer market and he is confident his search is close to fruition.
Kenwright is being advised by Keith Harris, the leading football financier, who sat alongside him at Goodison Park yesterday when Everton drew 2-2 with Newcastle United. The Tyneside club have also enlisted Harris’s services as Mike Ashley, their chairman, looks to offload his stake as soon as possible. Ashley is determined to find a buyer for Newcastle as a matter of urgency, but the Everton takeover is being handled more cautiously, with Kenwright eager to find the right individual or group of individuals to take the club forward.
A number of conference calls have been held with representatives of potential investors, with Sir Philip Green, the billionaire British businessman, also offering Kenwright advice, as he has done on an increasingly regular, although informal, basis in recent months.
Reports yesterday suggested that Kenwright hoped to have a deal completed by the new year, allowing David Moyes, the Everton manager, significant funds to strengthen his squad during the January transfer window. However, the expectation at Goodison Park is that a deal could go through next month, if discussions continue to progress as they have done.
In the meantime, Moyes is close to signing a new long-term contract, with his future unaffected by the expected change in ownership.

 

[davek]

This is another Fortress Sports Fund scenario unfolding here: times are bad? Give the supporters promise of a brighter future...somewhere vaguely down the line, timescale-wise.

It's right out of the top drawer of Kenwright 'fake plays' as the Yanks might call it.

Take no notice of this nonsense.

 

[kenada_blue]

I was gonna mention this.

2 weeks time? Would count me chickens before their hatched by I do think things a gathering pace.

In the Mail, I think, says Kenwright hopes to get a buyer all sorted by the start of next year at the latest.

 

[davek]

Move along, nothing to see here.

Everton deny takeover talk as Liverpool confirm stadium delay - Liverpool Daily Post.co.uk

 

[Whitebootman]

Interesting. Oliver Kay is one of the few writers I would trust, has been right in the past and does not seem to be one to jump on the bandwagon to fill space. Would still like to see something from the club, but I'm happy to wait a while yet. I hate to say it, but we'll have to watch this space.

 

[kenada_blue]

Move along, nothing to see here.

Everton deny takeover talk as Liverpool confirm stadium delay - Liverpool Daily Post.co.uk

What I dont get is, why activiely rubbish the rumours even though a takeover is what the club and the fans really want?

 

[coyney]

WATCH THIS SPACE

 

[davek]

What I dont get is, why activiely rubbish the rumours even though a takeover is what the club and the fans really want?

Is it?

 

[kenada_blue]

Is it?

Oh I forgot about the fact EFC are just a lying set of arseholes from the bottom to the top, especially about the investment/buyer scenario when we say that "we need investment" and employ a top guy to find the investment then string everyone along. Because we all know we're tip top and we'll do just fine without it.

 

[Sharpys top lip]

It could all hinge on the Kirkby Stadium!!

Hope not, but may do.

 

[Whitebootman]

It could all hinge on the Kirkby Stadium!!

Hope not, but may do.

Oil found in Kirkby. We're rich, Yipeeeeeeeeeeeeeee

Or did they just find the spot where I use to park my old escort

 

[Sim]

A lot of people are talking about this in the game now, and as they say no smoke without fire. So at least the good news is that there are at least investors sniffing around Everton. Any talk of finances is bound to be hypothetical at this point, but I doubt so many major media outlets would be running the story unless there werent a hint of truth in it.

 

[Neiler]

Oliver Kay usually doesnt talk about speculation in fairnesss, odd the club have deinied everything and we are no clearer just for a change ah well if it happens it happens.

 

[Cal]

The club are a joke.

 

[Desaparecido]

Of course the club denies it, anything else is an admission of truth which might jeapordise the whole thing. Anytime the club goes public with something it goes tits up.