London Blue Posted September 10 Report Share Posted September 10 Hopefully this Moshri nightmare (stadium excluded as that's amazing ) will soon be over. Quote Link to comment Share on other sites More sharing options...
duncanmckenzieismagic Posted September 10 Report Share Posted September 10 https://www.dailymail.co.uk/sport/football/article-13834927/Evertons-farhad-moshiri-legal-action.html Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
DownUnderToff Posted September 10 Report Share Posted September 10 59 minutes ago, duncanmckenzieismagic said: https://www.dailymail.co.uk/sport/football/article-13834927/Evertons-farhad-moshiri-legal-action.html Surely a "Moscow arbitration court" has zero international power at this point. Quote Link to comment Share on other sites More sharing options...
Sev Posted September 11 Report Share Posted September 11 "Textor is planning to use his money and that of several unknown partners to fund the Everton purchase before absorbing the club into Eagle Football." Unknown partners? I don't like the sound of that. "John Textor is considering giving Everton fans the chance to buy shares in the club if he succeeds in his £600m bid to take control from Farhad Moshiri. The American businessman is preparing to float on the New York Stock Exchange his holding company Eagle Football Group which owns Lyon, Botafogo in Brazil and the Belgian club RWD Molenbeek and has a 45% stake in Crystal Palace. Sources close to Textor said Everton could be taken public at a later date. Textor is understood to be confident that an agreement with Moshiri over buying Everton can be reached within four weeks after he was granted exclusive negotiating rights last month. The 58-year-old has yet to sell his Palace stake, however, so approval from the Premier League could take far longer to secure. Textor is planning to use his money and that of several unknown partners to fund the Everton purchase before absorbing the club into Eagle Football. Everton could then be listed on the stock exchange, which would require approval from the club’s board. Although a public flotation is rare for Premier League clubs, Manchester United and Tottenham are listed on the New York Stock Exchange and Arsenal shares are available to buy on the ISDX market. The Eagle Football initial public offering is due this month, with Textor seeking about £400m in funding. Lyon have debts of £325m, which Textor refinanced last year. A source with knowledge of the process said Textor had been preparing to float for some time and that the addition of a Premier League club to the group would make Eagle shares far more attractive to potential investors. Textor’s bid for Everton is complicated by the boardroom standoff at Palace because he has been unable to offload his shares despite marketing through the Raine Group since February. Negotiations with his fellow shareholders Josh Harris and David Blitzer have yet to produce an agreement and Textor’s offer to buy them out last month was also rejected. Textor is the fifth bidder to enter into an exclusivity agreement with Moshiri after the Kaminski Group, MSP Capital, 777 Partners and the Friedkin Group, with the previous proposals collapsing. Textor has agreed to cover Everton’s £600m-plus debts and to pay Moshiri an exit fee that could reach £50m over the next five years, depending on the club’s football and financial performance." https://www.theguardian.com/football/article/2024/sep/10/everton-fans-shares-john-textor-takeover Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 11 Report Share Posted September 11 14 hours ago, duncanmckenzieismagic said: https://www.dailymail.co.uk/sport/football/article-13834927/Evertons-farhad-moshiri-legal-action.html Quote Link to comment Share on other sites More sharing options...
Matt Posted September 11 Report Share Posted September 11 Wwwwwwwhat?! The Daily Mail blowing things out of proportion and withholding context to get clicks? I'm shocked! StevO and Romey 1878 2 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 11 Report Share Posted September 11 @Sevmeet @duncanmckenzieismagic Tbh, I wouldn't believe a word Matt Hughes says. I hoped we wouldn't have to read anything from that idiot after The Fail got rid of him but he looks to have found a new home at The Guardian. Quote Link to comment Share on other sites More sharing options...
Matt Posted September 11 Report Share Posted September 11 18 minutes ago, Romey 1878 said: @Sevmeet @duncanmckenzieismagic Tbh, I wouldn't believe a word Matt Hughes says. I hoped we wouldn't have to read anything from that idiot after The Fail got rid of him but he looks to have found a new home at The Guardian. From one extreme to the other Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 11 Report Share Posted September 11 https://www.skysports.com/football/news/11095/13212861/john-textor-exclusive-interview-american-businessman-says-succeeding-farhad-moshiri-as-everton-owner-would-be-like-becoming-us-president Quote Link to comment Share on other sites More sharing options...
duncanmckenzieismagic Posted September 11 Report Share Posted September 11 23 minutes ago, Romey 1878 said: https://www.skysports.com/football/news/11095/13212861/john-textor-exclusive-interview-american-businessman-says-succeeding-farhad-moshiri-as-everton-owner-would-be-like-becoming-us-president Quite liked the sound of this "The idea they need somebody to loan to them in order to survive is nonsense but there is a stadium that needs to be completed and so we're looking forward to funding the completion of that. "But you've got to be ready for the next transfer window as this is an opportunity to leap forward up the table and my challenge is make sure I get in early enough to deal with that." StevO and Romey 1878 2 Quote Link to comment Share on other sites More sharing options...
duncanmckenzieismagic Posted September 11 Report Share Posted September 11 MikeO 1 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted September 11 Report Share Posted September 11 He seems to be a very open and candid fella. not even the owner yet, but seems happy to discuss what is happening regarding his take over. Quote Link to comment Share on other sites More sharing options...
Gwlad Posted September 11 Report Share Posted September 11 Surely there's someone out there who wants 45% of Palace? Quote Link to comment Share on other sites More sharing options...
StevO Posted September 11 Report Share Posted September 11 I like what he had to say. Quote Link to comment Share on other sites More sharing options...
Harv Posted September 11 Report Share Posted September 11 What with the possibility of another takeover or not and nil poi the suffering continues. Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted September 11 Report Share Posted September 11 3 hours ago, Gwlad said: Surely there's someone out there who wants 45% of Palace? He’s said he’s got offers. Quote Link to comment Share on other sites More sharing options...
Trigger Posted September 12 Report Share Posted September 12 7 hours ago, Romey 1878 said: He’s said he’s got offers. Yup. I chucked an offer of a tenner, an old toffee crisp wrapper and a 2p piece with fluff I found under the sofa. If some of you guys are willing to throw in the boxes of old match programmes I think we're there! MikeO and Gwlad 2 Quote Link to comment Share on other sites More sharing options...
Matt Posted September 12 Report Share Posted September 12 3 minutes ago, Trigger said: Yup. I chucked an offer of a tenner, an old toffee crisp wrapper and a 2p piece with fluff I found under the sofa. If some of you guys are willing to throw in the boxes of old match programmes I think we're there! Sounds like a deal. Although I'm sad that the Toffee Crisp wrapper, Lord of all chocolate bars, is empty. StevO and Trigger 1 1 Quote Link to comment Share on other sites More sharing options...
Matt Posted September 12 Report Share Posted September 12 Watched the SSN interview and he sounds exactly like Farhad did. I'm not convinced. This one Sev 1 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted September 12 Report Share Posted September 12 10 hours ago, Romey 1878 said: He’s said he’s got offers. Give how candid Textor is being (when he has no obligation to say a single word), I haven't got any reason to doubt him when he says he is down the two buyer of his Palace share and even still possibility of his existing partners buying him out. Would he really be wasting his time and the exclusivty period he has with Moshiri, it wheels are to well and truly in motion in selling his Palace shares. He should like a straight talker to me. Not bought the club yet, but is already talking about strengthening the squad in the next transfer window, and even mentions challenging for titles in the future as opposed to just being a 'best of rest' type of team. Ok, these are just words, but it refreshing to hear potential owner talking up his ambitions for this club. Historically, we are a top 4, honours challenging club, and with a new state of the art stadium in touching distance - there should be no reason why a good owner can steer us back in this direction. I so suprise to hear him just come out and talk about being 90% confident, deal should be done by end of November, next transfer window in his sights, already wondering if Dyche is up for the challenge of working with better players playing better football. Been trying to ignore all the media takeover chatter, but when the buyer himself openly discusses the progress of the deal it can't be ignored. He seems a bloke that rolles up his sleeves and gets things done. Optomistic again Quote Link to comment Share on other sites More sharing options...
Popular Post RuffRob Posted September 12 Popular Post Report Share Posted September 12 22 minutes ago, Matt said: Watched the SSN interview and he sounds exactly like Farhad did. I'm not convinced. This one However, Farhad's ambitions for this club when he brought the club where really really good. i) Pump money in to the playing sqaud - I can't fault him on amount of money he made available to spend, ii) build a new stadium - He has delivered under his ownership what looks like its is going to be an amazing stadium, in an amazing location, with also what is promising to be and amazing atmosphere for watching football game, but also a facilities to generate income - . Farhad's main problem was he seem to have taken lots of 'footballing advice' of the wrong people. I can't fault Moshiri's ambitions when he took us over, it was just that his running of the footballing side of things that has been piss poor. As things stand, when he finally sells up, it may end up costing him personnally the best part of £0.5Billion, when other football club owners over the same time period will have made millions as the value of premier league clubs has increased significantly. Moshiri hasn't failed because he was tight with the cash, lacked any sort of ambition for the club or fucked us up by selling off assets etc. He just simply turned out to be rubbish at owning a football club and footballs relatively new financial fair play rules well and truly caught up with him. Hearing our next owner with similar ambitions to Moshiri doesn't bother me in the slightest. We just have to hope he knows what he is doing when it comes to sustainably running a football club!!! Textor does seem to have a genuine love of the beautiful game, so hopefully has a far better understanding the Moshiri ever has. Sibdane, Formby, AlbanyNYToffee and 2 others 5 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted September 12 Report Share Posted September 12 https://www.evertonfc.com/news/2024/september/12/club-statement/ Matt 1 Quote Link to comment Share on other sites More sharing options...
Shukes Posted September 12 Report Share Posted September 12 At least the club are reacting and telling us now. Better than us being completely in the dark, any improvement is welcomed. Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
AlbanyNYToffee Posted September 12 Report Share Posted September 12 8 hours ago, Matt said: Watched the SSN interview and he sounds exactly like Farhad did. I'm not convinced. This one I tend to agree. For people with immense wealth there's a fine line between honesty and pure narcissism. If he's talking now to force Farhad's hand it's pretty brilliant. If he's talking now because he's finally getting a glimpse of majority ownership and can't contain himself we could be in trouble. History shows it's probably the latter. That said I'm convinced the Sesame Street puppets could run this club better than Farhad so I'll take any living human at this point. StevO and Matt 2 Quote Link to comment Share on other sites More sharing options...
Gwlad Posted September 12 Report Share Posted September 12 From the beginning my thoughts on Moshiri were - once Arsenal, always Arsenal. Ego wanted ownership of a PL club. Quote Link to comment Share on other sites More sharing options...
Matt Posted Friday at 03:15 Report Share Posted Friday at 03:15 5 hours ago, Gwlad said: From the beginning my thoughts on Moshiri were - once Arsenal, always Arsenal. Ego wanted ownership of a PL club. How is this any different? That's my worry at least. Quote Link to comment Share on other sites More sharing options...
Wall Writer Posted Friday at 05:13 Report Share Posted Friday at 05:13 The difference is probably that Textor doesn’t need uncle Alisher Quote Link to comment Share on other sites More sharing options...
Matt Posted Friday at 07:42 Report Share Posted Friday at 07:42 2 hours ago, Wall Writer said: The difference is probably that Textor doesn’t need uncle Alisher He's talking about his unknown friends and partners already, it's no different. Sev 1 Quote Link to comment Share on other sites More sharing options...
Matt Posted Friday at 08:54 Report Share Posted Friday at 08:54 Again, I only really like him for the business part Quote Link to comment Share on other sites More sharing options...
patto Posted Friday at 09:09 Report Share Posted Friday at 09:09 14 minutes ago, Matt said: Again, I only really like him for the business part I like Jordan as well I think he’s dead straight. StevO 1 Quote Link to comment Share on other sites More sharing options...
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