The Takeover Thread - Recon Group - NOW WITH NEW POLL

[Villa in Denmark]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

[Toronto Villa]

http://www.efcsa.org/everton-shares/

If I am reading that right there are 35000 shares in Everton and he has virtually half. Considering a report that they were selling at about £1350 in 2014. Say he paid a premium of £2000 each that's only £35 million. The profit he has made from Arsenal could make Everton a strong force.

that's if he invests his own money. Randy did that with us until it went tits up and it's really tough to maintain if you don't get an immediate return. Not saying he won't put his hand into his own pocket, but it's a bit of stretch at this point to assume he's suddenly going to personally finance their renaissance.

[David_Nab]

The Guardian is quoting £200 million for just under half of Everton.

Which is complete bollox.
Everton is not worth £400 million.

He's sold his stake in Arsenal, which he has to if he want's to buy into Everton,  and received £200M for it. That's different to paying £200M for 49.9% of Everton

We went through this when those 2 Americans were reportedly buying them for £200M.

If you accept £200M for the club as whole, to do anything with it you've got to do something with the ground.

They've got planning permission for a new ground, contingent on them paying for various community infrastructure projects in the area, the sum total of which is around £300M, so now you're upto £500M, assuming they can deliver 2 building projects on time and budget.

To take them from where they are now to genuine CL contenders without pulling, what I assume is a one off for Leicester, you're probably looking at throwing £50M per year at it for 3 or 4 years to get to where you're a regular contender.  Of course if you're lucky you qualify in year 1 or 2 and make it to the group stages, where after you've got more finance behind it and you're being taken more seriously by players.

The big hole in the plot is the £300M on the ground, which is why there's been no takers up to now.  Alternatively they're going to try and "do an Arsenal" and build the team at Goodison then hope they can finance the new ground afterwards.

As far as I can see with this new backer they can prove to bank there is money behind them allowing them to loan the cash to build the ground much like Arsenal and pay it back.

Spurs are doing the same , Poch as said spending on team will reduce whilst new ground is being built.

The issue for us is where we have a top quality ground this other teams are building new grounds or upgrading ( Liverpool with Anfield) to increase commercial revenue we are getting left behind in more and more ways.

[mr underhill]

if some are to be believed, I think we have more than enough room to host Division 3 fixtures, whilst commercial opportunities in football's backwaters will be limited anyway. !

[AVH87]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

[David_Nab]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

Give it a few more weeks and relegation confirmed and he will be lucky to get 50 mil let alone 150

[ChicagoLion]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

Give it a few more weeks and relegation confirmed and he will be lucky to get 50 mil let alone 150

Exactly, and then if Dilligence reveals that the cost of dealing with Player Contracts + the cost of investing in a new team is another £50million + then you start to see why the valuation of Villa falls through the floor.

[Villa in Denmark]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

One of them also points out that they're in negative equity, i.e. their debts outweigh their assets, that'll be ground, training ground, squad, any other property. Just the debt would significantly depress any valuation. Negative equity is a whole different world.

[ChicagoLion]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

One of them also points out that they're in negative equity, i.e. their debts outweigh their assets, that'll be ground, training ground, squad, any other property. Just the debt would significantly depress any valuation. Negative equity is a whole different world.

Which means they are Technically Insolvent, so would Villa be if RL had not capitalised the Loans.

[Villa in Denmark]

If only the Birmingham Mail could be as insightful and less lying in the gutter covered in shit and puke as it's Mersyside sister.

Everton FC's Moshiri investment raises more questions than answers says financial expert

How much is Everton Football Club really worth?  I wasn't too far out.

The findings from that report values Everton at £127 million. Goes to show Lerner expecting £150-200 million for us was unrealistic.

One of them also points out that they're in negative equity, i.e. their debts outweigh their assets, that'll be ground, training ground, squad, any other property. Just the debt would significantly depress any valuation. Negative equity is a whole different world.

Which means they are Technically Insolvent, so would Villa be if RL had not capitalised the Loans.

Yes. And unless the new guy actually injects capital it won't get any better.  So far, the only beneficiaries of the partial take over are the shareholders that sold.

[brian green]

I was expecting plenty of piss taking this morning in the markets I frequent.  Most of it was hurled my way but the Forest fans were oddly quiet.  They had other things on their minds because their players wages for last month have not been paid and their owner is rumbling about the £83 million the club owes him being repaid.  Cheered me up no end.  I wonder if we can terminate GG's loan on the grounds of breach of contract, ie. not paying him.

[myf]

I was expecting plenty of piss taking this morning in the markets I frequent.  Most of it was hurled my way but the Forest fans were oddly quiet.  They had other things on their minds because their players wages for last month have not been paid and their owner is rumbling about the £83 million the club owes him being repaid.  Cheered me up no end.  I wonder if we can terminate GG's loan on the grounds of breach of contract, ie. not paying him.

could be us in a few years time?

[pbavfckuwait]

Thought the accounts were due out the end of last month ??

[AVH87]

Thought the accounts were due out the end of last month ??

Last 2 years they have come out by the end of Feb, so they should be imminent. After a small loss of around 4m last year, I'm expecting us to roughly break even or make a small profit this time. We'll soon find out.

[aj2k77]

Leicester have reported a £20m profit for last season. Let's see what the amateurs have conjured up.