The Takeover Thread - Recon Group - NOW WITH NEW POLL

[old man villa fan]

From a financial position I would have thought Villa at £150m would be a better deal than Everton at £200m based on the infrastructure behind each club. £50m on transfers would make a massive difference to us.

This is based on the scenario being during last summer. Obviously, relegation makes a difference now but surely not as much as bringing Everton's ground into the 21st century.

[Jon Crofts]

Randy isn't a 'motivated seller'

I bet he'll wish he was motivated come May 2016 or most likely earlier if we carry on like this.   

[dave.woodhall]

Is it worth pointing out that it's not long ago the Stripeys were about to be sold to the richest man in China after Randy had turned down his offer? Lo, the Stripeys remain unsold.

[Percy McCarthy]

Bank Of America doing a great job for old Randy pants.

Revenge. He sold them MBNA for £2.8bn and soon afterwards 80% was wiped off their stock market value (and also Randy's fortune, as £2.5bn of it was in BoA shares). It always makes me chuckle when people blame his divorce, failing to mention that four-fifths of his MBNA windfall was wiped out by the 2008 financial crash.

[passport1]

I wonder who the next poster on here will be that will tell us that there are no buyers of Premiership clubs about.

[Rotterdam]

I don't believe buyers are looking at the moment.

[brian green]

There are lots of buyers out there but they live in semi detached houses in Sutton Coldfield and carry Axminster hand luggage.

[Malandro]

Easter is the next,,best time to sell

[Ger Regan]

Everton have been up for sale for about ten years, haven't they?

[Jon Crofts]

Is it worth pointing out that it's not long ago the Stripeys were about to be sold to the richest man in China after Randy had turned down his offer? Lo, the Stripeys remain unsold.

According to The Mail in some we are considerably better than yow and not at all bitter article no doubt?

[ChicagoLion]

Well having read the report in The Telegraph my initial thoughts are.

1. Everton will initially be a money pit to anyone coming in. Over and above any squad development, they've still got to find £4-500M for a new ground to allow for better commercial income and bring the ground into the 21st century.

2. The senior partner in that takeover partnership is "only" worth $750M. If his partner is worth the same, they've got to be looking at financing at least part of the takeover unless they're not going to go for the new stadium option, which will keep them locked into their current cycle plus whatever top up money that they care to put in.

3. More likely to be a partial buy in that values Everton at £200M.

If one of the Investors is worth £440millio I don't see why they need to raise much if any finance.
I don't think a New Stadium will be anything like £400 m unlesss they get the Brazilians in or the guys that built WEmbley.
 Liverpool Ground share option is on the agenda.
This deal is a long way from closed.

[Villa in Denmark]

Most of the articles I've seen around their new stadium proposals have said "in excess of £300M". As I've never seen a build of that nature come in on time and budget £400M didn't seem too outlandish.
I thought the ground share idea had been ditched ages ago which is why Liverpool have cracked on with the planning applications for redeveloping Anfield and are currently building a new main stand above and behind the existing stand.

If both parties are of equal worth that would give them a combined wealth of in round numbers £900M. That in itself us a bit of an assumption as I've only seen the one guy mentioned when it comes to money.

If they've got to fork out £200M to buy Everton, plus for the sake of avoiding argument £300M to build the new stadium, that's over half of their combined net worth sunk into a venture that tends to be a money pit. If they're then going to go off looking for players to "take them to the next level" they better be prepared to throw another £50-100M at it over the following 2-3 years and you're well over 60% of their net worth.
I can't see anyone signing up for that, and that's before you get into their net worth does not necessarily mean liquid assets that could be used to fund such a purchase.
It could and probably would include property investments, share portfolios and fixed term bonds none of which could be easily cashed in unless a significant proportion of the share portfolios were self managed and not part of a managed fund.

That's why I talked about financing it.

The only other way that the figures stack up is if they get Liverpool City Council to at least part fund the new ground as a regeneration project, something they refused to countenance as irresponsible given the current economic climate for local authorities as recently as the end of last month.

[ChicagoLion]

VID
I think you have some good points there. I thought the new stadium plan had got into planning problems again, have they actually started construction?
The Fenway Guys know these people so it would make sense if they could do a ground share.
It is very difficult to get an understanding of people's wealth over here. You are right that Goodison is the Albatross which is why no deal has ever been done in the past.
Not sure what the opportunities to make money out of Goodison to offset the costs of New Stadium Development. Not sure how much substance there is behind this but if Villa was a solid Prem team (as solid as Everton appear to be) there is no doubt we would be a better investment opportunity.

[brian green]

An access spur directly to VP off the Expressway using the edge of the park would add far more to the club value than league position. Promotion is the product of adequate investment and the intelligent use of it.  Those last four words are the important ones.

[conman]

An access spur directly to VP off the Expressway using the edge of the park would add far more to the club value than league position. Promotion is the product of adequate investment and the intelligent use of it.  Those last four words are the important ones.

what about parking