Usmanov

[GwladysBlue]

I wonder when we'll know if the offer has been accepted or rejected.

 

[ham2]

101%this^

I see what you did there

 

[bluestevon]

I would be amazed if this comes off, based on Usmanovs behaviour at Arsenal, I would say he would only come to Everton if he could have a controlling stake in the club. Presumably Moshiri left Arsenal for the same reason. Throw Bill Kenwright into the mix and it just seems more unlikely.

I would imagine if Usmanov sells up at Arsenal, he will move to a club where he can own 51% and do what he likes

Moshiri has a agreement to purchase the other majority shareholders remaining stakes out at a set point by accounts, once he exercises those rights then it's a simple matter of Usmanov buying a 50% stake in blue and white holdings at that point, exactly what the original intent was between the two men at Arsenal.

 

[ham2]

I wonder when we'll know if the offer has been accepted or rejected.

friday

 

[bluestevon]

I wonder when we'll know if the offer has been accepted or rejected.

When it either is announced as a done deal or a release is made by Usmanovs people stating it has been rejected - probably followed by a few sly digs at Kroenke included in that release

 

[onlyme]

Moshiri owns 49.9% of Everton, there's nothing stopping Usmanov attempting to buy the 51.1% that others hold at the Club.

And if I remember correctly, agreement is in place for Moshiri to buy a far greater number of shares at a pre-determined price once the new stadium build progresses to a certain stage.

 

[Chris78]

Disappeared up his own hoop a long time ago that fella, he prays every morning before breakfast Usmanov doesn't buy into us for fear of looking like the fraud ITK he is.

In defence of ESK, he does not claim to be ITK about Usmanov. He is using his experience and knowledge of football finance to make a judgement call. When someone, writes a piece, backed up by as much background knowledge and as convincing as ESKs, Im listening, but for now he makes a convincing argument.

 

[Brisan123]

I would be amazed if this comes off, based on Usmanovs behaviour at Arsenal, I would say he would only come to Everton if he could have a controlling stake in the club. Presumably Moshiri left Arsenal for the same reason. Throw Bill Kenwright into the mix and it just seems more unlikely.

I would imagine if Usmanov sells up at Arsenal, he will move to a club where he can own 51% and do what he likes

He already owns 49% of Everton with an agreement to be buy the rest at an agreed price.
Well he doesn’t but Moshiri does but it’s basically the same thing

 

[Khalekan]

Moshiri had nothing until he worked for Usmanov. He is an accountant...

Indeed.

 

[MartSlinger]

101%this^

Its early

 

[jceverton]

In defence of ESK, he does not claim to be ITK about Usmanov. He is using his experience and knowledge of football finance to make a judgement call. When someone, writes a piece, backed up by as much background knowledge and as convincing as ESKs, Im listening, but for now he makes a convincing argument.

Isn't his whole credibility in tatters though? I'm not talking about the in the know stuff but he was completely certain that Kroenke would never offer Usmanov a way out but he just has! His judgment in these matters has been found to be woeful in my opinion, whatever happens.

 

[boris]

I wonder when we'll know if the offer has been accepted or rejected.

You'll know once this place goes down as that's what will happen within minutes if it gets accepted.

 

[Gardocki]

Although I don't agree with the extent of The Esk's refusal to entertain Usmanov coming on board, he does make a valid point about what we have seen so far from Moshiri, e.g. the Chinese overdraft facility etc, being quite "small fry" and not really indicative of a super rich man joining the ranks any time soon.

Still hope he's wrong though.

He repeatedly said (on radio and in blogs) that there is no way Kronke would (try to) buy Usmanov out. That he wouldn't allow Usmanov to take over a rival. Apparently Kronke had Usmanov exactly where he wanted him, and that he, nor anybody else would be interested in those shares. It appears he was wrong.

I guess what we are now discussing is the second part of this two-part scenario. I don't really expect Usmanov to sell and invest in us, but only because I've had almost 30 years of following Everton. I know the score by now. Who knows what Usmanov will do. I don't know, and nor does Esk.

He clearly has more insight into Everton than I do, and is more knowledgeable about finance than I am, but there's nothing more dangerous than trusting somebody with a partial knowledge.

 

[Brisan123]

Isn't his whole credibility in tatters though? I'm not talking about the in the know stuff but he was completely certain that Kroenke would never offer Usmanov a way out but he just has! His judgment in these matters has been found to be woeful in my opinion, whatever happens.

I think the Eskimo looked at it from a footballing buisness point of view and came up with his conclusions.
However Kroenke is not a footballing buisness man , he’s an American sports entertainment and real estate buisness man and that’s a whole different kettle of fish.
Usmanov is not a football buisness man first and foremost.
He’s not a Jack Walker who’s true passion in life was Blackburn.
He’s not an Abramovich who moved lock stock and barrel to England and has a passion for football
Usmanov is a buisness man who likes football and can see the financial benefits and the power it can give.
Hence Moshiri been sent in to get a slice of the Liverpool Waters project.
If Usmanov thinks he can make more money out of Everton and Liverpool Waters than he can out of Arsenal then he will sell his Arsenal stake.
He would have liked both but that’s not happening.
The fact that to make Liverpool Waters work he has to make Everton successful suits us and gives him the chance to stick 2 fingers up to Kroenke , devalue Kronkes shares in Arsenal and tell the Arsenal fans “ I told you so “
Billionaires don’t get angry , they get even, esp Russian ones

 

[boris]

In defence of ESK, he does not claim to be ITK about Usmanov. He is using his experience and knowledge of football finance to make a judgement call. When someone, writes a piece, backed up by as much background knowledge and as convincing as ESKs, Im listening, but for now he makes a convincing argument.

He's already been proven massively wrong though, just by this bid, even if it isn't successful.

Usmanov would not be allowed to sponsor Everton whilst he's involved with Arsenal.....Wrong!

Kroenke wouldn't buy Usmanov's shares as he wouldn't want to free someone up to strengthen a rival......Wrong!

Why would Kroenke want to buy Usmanov shares, he has no reason to??......Well he does actually, the opportunity to list it in the US, make it private and not really have to explain anything to anyone or show accounts......An absolutely huge reason to buy the remaining shares.

Kronke's offer massively unervalues Usmanov shares.....Well it doesn't actually, it's a very good offer that values them more than what Usmanov offered for Kroenke's only recently, which was called a good offer at the time, and it's more than what Moshri sold his shares to Usmanov for.