Everton on the verge of takeover by Middle Eastern buyer

, 26 February, 90comments  |  Jump to most recent
A 200m buy-out of Everton by a mystery Middle Eastern buyer could be announced in the coming days according to a report on MailOnline.

Journalist Matt Lawton has claimed "exclusively" that while negotiations with John Jay Moores and Charles Noell have ended, mystery investors have stepped in and could complete a buyout of the club as early as Tuesday.

Earlier, a report in Russia that Arsenal stakeholder Alisher Usmanov was set to become Everton's new owner was rejected but rumours immediately sprung up that his long-time business partner, billionaire Farhad Moshiri, was looking at purchasing the Blues.

The Mail's source, reputedly from within the club, apparently told the Mail that the situation was too sensitive at this stage to confirm the name of the interested party.

But the Telegraph have now weighed in by naming Moshiri as the man behind the bid. Iranian by birth but now resident in the UK and a British passport holder, Moshiri is believed to be worth 2bn.  

Reader Comments (90)

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Colin Glassar
1 Posted 26/02/2016 at 23:13:44
As journalists go, Matt Lawton ain’t too bad. If it was John "Rico" Richardson (recently fired by the Express), or Steve Bates or worse still, the Custiss twins then I’d say this was more BS but Lawton at least pretends to be a serious journo.
Andrew Ellams
2 Posted 26/02/2016 at 23:15:42
The Mail seem to think that this could be announced by Tuesday so let's see.
Ken Boniface
3 Posted 26/02/2016 at 23:26:03
Sounds good. Better than the proposed American bid. Can’t trust the Yanks if – think Villa, think Gillette and Hicks, think Glazers at United. No passion, only greed. I'd rather Man City and Chelsea-style owners. A new stadium for us, new beginning. Bring it on.
Phil Sammon
4 Posted 26/02/2016 at 23:39:12
What have they got to lose by printing this. If they’re right then they bagged their ’exclusive’ story. If not, then it’s just tomorrow’s chip paper. What a business, hey.
John Malone
6 Posted 26/02/2016 at 00:00:37
It'd be like winning the lottery us getting a billionaire owner. I hope the mega rich Russian is part of it. £15 billion is serious wonga!
Lee Reynolds
7 Posted 27/02/2016 at 00:11:59
No chance. How many times have we heard this over the years. No doubt it's a loud of BS and it wouldn’t surprise me if it's Liverpool fans who start the rumours.
John Daley
9 Posted 27/02/2016 at 00:24:43
"Sounds good. Better than the proposed American bid. Can't trust the yanks"

How does it sound better when nothing has actually been said and why is some unnamed mystery man from the Middle East automatically more trustworthy than an American group? It could be fucking Ra’s Al Ghul or Azamat Bagatov for all the info we have at this point.

Peter Larkin
11 Posted 27/02/2016 at 00:33:26
Can all the people who say they have "heard etc" please either add something to the post or don’t bother at all.

I mean I could name some billionaire and state "I've heard" without a single bit of evidence. Simple point is, there is nobody in the know, and that's the simple truth.

Jackie Barry
14 Posted 27/02/2016 at 01:02:05
What another load of BS associated with Everton you say. Lol
Gordon Crawford
17 Posted 27/02/2016 at 01:08:04
Be great to see this happening. I hope he has more than a tenner to spare though.
Paul Kossoff
19 Posted 27/02/2016 at 01:33:28
You can just see the reaction from the darkside if we were bought by billionaires and won the Premier League, "Oh you have only bought it, you didn’t win it." We really can’t win either way, but I’ll take the billionaires please and sod what others say.
Phil Walling
20 Posted 27/02/2016 at 02:05:13
As predicted, the Yankee buy-out comes to nothing and we’re probably back to square one.

It’s a blessing we have those nice kind financiers in the Virgin Islands to keep an eye on us, isn’t it!

Denis Richardson
21 Posted 27/02/2016 at 02:20:33
Is the US deal dead?
Mike Gaynes
22 Posted 27/02/2016 at 03:47:28
Ken #3, you trust "unnamed" "mystery" Middle East buyers more than reputable Americans?

Not hiding your anti-Yankism, are ya?


Ron Marr
23 Posted 27/02/2016 at 04:00:52
What’s the punchline? It was a typo and should have read "East Midlands takout" not "Middle East takeover". All kidding aside, I’m hopeful. Won’t have long to wait. Announcement possible before the Villa game.
Harold Matthews
24 Posted 27/02/2016 at 04:26:42
We'll need a much richer arab than this guy. As billionaire go, he's practically on Skid Row.
David Barks
25 Posted 27/02/2016 at 04:27:30
Yeah, because Americans are such failures at business. Fucking idiots. Just look around you, the Apple product you’re probably holding or typing on is fucking American. The NFL, as much as I don’t like it, is the biggest sporting event in the world. The UFC, owned by Americans, has taken over boxing and is huge world wide. But yeah, those "Yanks" don’t know what they’re doing. Meanwhile they’re raking in the billions.
Anish Dosani
26 Posted 27/02/2016 at 04:37:59
Perhaps there’s some truth to this and why the team have gone on a weeks training camp to the Middle East? Could be introduced to the new owners, and show how PHENOMENAL they are. Though they might leave when Martinez starts on his philosophy....
Derek Thomas
27 Posted 27/02/2016 at 04:40:36
American, Arab, Iranian, Russian, Chinese...It can be Emperor Ming the 'kin Merciless, with Herod, Pilate and Barabas, on the Board for all I care. Just as long as they do a decent job.
Gordon Crawford
28 Posted 27/02/2016 at 05:11:04
Derek you must have some inside information? As that's who I heard was taking over the club lol.

Roll on Tuesday. :)

Mark Daley
29 Posted 27/02/2016 at 06:08:16
Or perhaps:

1 M&N make a low offer

2 Bill leaks that there is an alternative mystery buyer

3 M&N weren't born yesterday and call his bluff

4 the mystery buyer, who never existed, evaporates

5 BK sells to M&N, who are the only game in town.

Darren Hind
30 Posted 27/02/2016 at 06:10:39
I think your standards are beginning to slide Derek
Helen Mallon
31 Posted 27/02/2016 at 06:39:56
David Barks, invented buy and English man I think you will find. Like most decent technology, invented by English scientists.
Peter McHugh
32 Posted 27/02/2016 at 07:03:58
I know nothing about these rumours but actually think they're true. Only reason is that no early bird offer so no reason to make it up and why would anybody predict it might be done by Monday if it was not imminent. COYB.
Andrew Clare
33 Posted 27/02/2016 at 08:10:56
I can’t understand the anti-American comments. They are the most successful businessmen on earth.

I just hope something happens because the present owners have overseen the demise of one the great clubs in English football. If the new owners invest properly they will be staggered at the potential here.

When I look at Arsenal with their years of Champions League appearances and their fantastic stadium, I just think we should be there too. It wasn’t that long ago that we were on a par with them.

John Mchugh
34 Posted 27/02/2016 at 08:16:55
Until (if and when) the new owners are standing on the pitch holding an Everton scarf above their heads, I won’t believe any speculation. Too many false dawns with the owners we already have.

The same with a new stadium until I see sides and a roof erected, I don’t believe the hype.

Derek Thomas
35 Posted 27/02/2016 at 08:17:17
I reckon they all be convinced by Pilate to wash their hands of it, take a leaf from the bad Samaritans, walk by on the other side, Instead of rendering unto Bill that which is Bills... eg lots of large bills

Standards sipping, eh, Darren – looks like I’m on the up then.

Thomas Surgenor
36 Posted 27/02/2016 at 08:22:18
It must be nearly early bird season ticket time...
Mike McLoughlin
37 Posted 27/02/2016 at 08:23:19
Usmanov has confirmed on Twitter that he has just bought Moshri’s holding of 14% in Arsenal. By my reckoning that is about £200 million. Interesting development.

Given Arsenal are said to be worth £1.6 billion then seems coincidental that rumours are rife about Everton and he has just got a wedge of £224 million. Can’t say I have an opinion on this just yet as I will wait for further developments. But jigsaws and all that. COYB

Rob Hooton
38 Posted 27/02/2016 at 08:24:38
Anti-American sentiment is ridiculous, though how anyone can say the NFL is the biggest event in the world is ludicrous (unless you class America as the world!).

Football (or soccer) is far huger globally by a country mile.

Darren Hind
39 Posted 27/02/2016 at 08:28:23
Who has, Mike, what? Why is it interesting?

I'm getting all excited here and I don't know what the fuck's going on...

Phil Walling
40 Posted 27/02/2016 at 08:28:28
Andrew, nobody can say American owners have covered themselves in glory as Premier League club owners!

On the other hand, the same can be said about local boys like Kenwright, Morgan and the RS Moores!

Len Gowing
41 Posted 27/02/2016 at 08:31:50
Darren, that made me giggle – couldn’t have put it better myself!
Mark Robson
42 Posted 27/02/2016 at 08:32:31
American businessmen etc etc ........

We are Everton Football Club, we are not a business to take huge greedy profits from. That's why people are against the American takeover.

We want a huge investor with money who wants to have his seat in a fantastic stadium and watch his investment on the pitch winning trophies. No strings, no money taken out of the club, no re-mortgages, no dividends.

Joseph Murphy
43 Posted 27/02/2016 at 08:34:18
In the summer, I was shown email exchanges between representatives of Farhad Moshiri and Everton, regarding his interest in buying the club. He wanted to buy Everton before the start of the season but because he’s an owner at Arsenal, Premier League rules prevented it so he was trying to offload the shares or find another route.

I think this rumour is genuine interest that has been on going for several months now behind the scenes. At least this guy knows the country, the league and is coming from a well run club.

Mike McLoughlin
44 Posted 27/02/2016 at 08:34:57
Sorry Darren, predictive text but it’s reads:

Usmanov: 'I can confirm that I have purchased the whole stake of Farhad Moshiri, thereby increasing my holding in Arsenal to over 30%.'

Mark, that'd be everyone’s dream, but not a reality for me. I will be happy to have someone in charge who can move us forward a little more and take us at least to a level where trophies start coming to Everton again. It's been far too long since we were considered challengers for anything.

Les Martin
45 Posted 27/02/2016 at 08:45:28
Whoever is "in" for us, we need to be sure that the motive is right, but alas can we be sure now that the big TV money is coming?

Everton have become a prize commodity – not just because of our heritage and who we are. We are available and I expect a lot of interest; we are now in a win-win situation, as I believe Bill will get the best deal for Everton.

Exciting times...

Colin Glassar
46 Posted 27/02/2016 at 08:48:00
Sepp Blatter is worth a few bob and he’s currently unemployed. Just saying...
Danny Broderick
47 Posted 27/02/2016 at 09:15:06

As a conspiracy theory, you have really got me wondering now. If Arsenal are worth over a billion, and Farhad Moshiri has just cashed in £200 million, and we are for sale for £200 million, you never know. Plus, the story is just breaking on the Internet - I have just seen this clip on the telegraph website:


John Keating
49 Posted 27/02/2016 at 09:30:47
I jokingly asked Victor on his thread "Goodwill from a Gunner" if he could ask one of his boardroom billionaires for a few bob for us...

Bloody hell – he must have asked!!!

Phil Walling
50 Posted 27/02/2016 at 09:33:21
Colin, when was Ricco fired by Express Newspapers? His presence was much in evidence in last Sunday's edition.
Matt Traynor
51 Posted 27/02/2016 at 09:38:50
"I know nothing about these rumours but actually think they are true."

Thank you, ToffeeWeb. You never fail to deliver and raise a smile!

Mike Allison
52 Posted 27/02/2016 at 09:41:03
Americans are hilariously sensitive and insecure for ’the most powerful nation on Earth’! Grow up boys, do you want a cuddle?!

What have Apple got to do with anything? Have they successfully run a Premier League club? Three clubs have American owners in the Premier League and all have gone backwards under those owners, bringing instability and fan unrest. Therefore any fan of a Premier League club would be stupid not to be wary when hearing they may be getting new, American owners.

The key point being that they run clubs as businesses (they even call them 'franchises', for God’s sake – talk about a culture clash!) where ’victory’ for the owner is profit, not trophies.

Russian and Middle Eastern owners have adopted much more of a ’Prestige Train Set’ attitude to their clubs, where money is for spending and victory is in trophies and supporter acclaim.

It doesn’t mean we hate your whole country.

Ray Roche
53 Posted 27/02/2016 at 09:46:52
Mike, that puts a few views into perspective. I’ve been to America several times and have always found "normal" Americans to be friendly and extremely polite, but it’s clear that the guy and his missus you meet in a bar or restaurant isn’t the guy in Wall Street where Greed Is Good.

They’re no different to us, people are people all over the world and if you’re fine with them, they’re fine with you. Yanks? I quite like them. Mind you, I also like the French...

Phil Walling
54 Posted 27/02/2016 at 09:48:45
Beware! Telegraph article referred to above says that Mashiri has stolen a march on the American consortium by AGREEING TO LEAVE KENWRIGHT IN A POSITION OF POWER.

To me, that sounds like Bill is only going as far as changing his puppet-master. Mashiri for Green.

Matt Traynor
55 Posted 27/02/2016 at 09:52:47
Mike (#41), English soccer (couldn’t resist sorry) investment is a business model that lacks rationale. Perversely, the advent of the Premier League has brought some basis of value due to media rights – but that lacks stability. The Middle East investors are about exploiting that. Some would argue Russian investment is akin to laundering assets. I’d argue Chinese investment is in the former bracket.

I won’t bore you with details but I’ve asked a couple of billionaires what it would take for them to buy Everton. Apart from price, exit strategy etc, they said they’d need an emotional tie; otherwise, there’s better investment opportunities out there...

Matt Traynor
56 Posted 27/02/2016 at 09:54:20
Phil, that’s gonna please a few on here....
Simon Jackson
57 Posted 27/02/2016 at 09:56:09
Why do we all do this – start a big 'hate' scenario? It’s a bit of gossip, could have some truth... may not... but, at the end of the day, nobody knows, except the people in the know. Why not all live in hope we have an investor, because right now anyone with a lot of money willing to invest in our future is good by me, if he’s doing it for business or the love of football.

Do you think Man City or Chelsea cared whether their owners are fans? I don't think so...

Brin Williams
58 Posted 27/02/2016 at 10:01:16
Really looking forward to seeing those cops on camels on matchdays.

I’m not biased but I would prefer £B arabs, hope the Yanks in our midst don’t take the hump!!

Andy Kinsella
59 Posted 27/02/2016 at 10:04:14
The Yank deal has indeed collapsed and the reasons why are typical Evertonesque. For these reasons alone I am glad they haven't sold to the Yanks
Nicholas Ryan
60 Posted 27/02/2016 at 10:11:41
What I've heard is this:

1. Usmanov and Moshiri are both Arsenal shareholders [that's an indisputable fact].

2. Usmanov has just increased his shareholding [that's an indisputable fact]

3. Usmanov has increased his shareholding by precisely the amount of the shares held by Moshiri [that's an indisputable fact]

4. Usmanov has therefore bought Moshiri's shares [this is overwhelmingly likely]

5. Moshiri now has circa £200m to spend [overwhelmingly likely]

6. He is going to use this circa £200m to buy Everton [probable]

7. Moshiri is worth about £2 billion, and, though ethnically Iranian, is a British citizen, with a British passport, living in London [all indispuable facts]

8. Draw your own conclusions from all this!!

Danny Broderick
62 Posted 27/02/2016 at 10:14:06
I hope this Moshiri link is true. Arsenal is a proper football club, similar history to ourselves, but they have been well run for the last 25 years. If this fella can replicate any of the commercial deals or-off pitch activity Arsenal have had, we’ll soon stop the stagnation.

Moshiri has the money – he’s reportedly worth £1.5 billion after selling his Arsenal shares. He must also have good contacts in the world of football. The fact that he has been a part of a stable football club previously is also reassuring, I can’t see him wanting to asset-strip us – that is always the fear with new owners. I can’t see too much to be negative about, if this is true...

Danny Broderick
63 Posted 27/02/2016 at 10:17:35

You sound like Rafa!

John Daley
64 Posted 27/02/2016 at 10:22:00
"Moshiri has stolen a march on the American consortium by AGREEING TO LEAVE KENWRIGHT IN A POSITION OF POWER."

So, it’s basically like Game Of Thrones except we don’t get our tits out?

Stephen Ashton
65 Posted 27/02/2016 at 10:41:25
Nicholas (#47) – Villa and WBA are also for sale.
Steve Carse
66 Posted 27/02/2016 at 10:47:19
John, brilliant.
Stephen Ashton
67 Posted 27/02/2016 at 10:56:09
I seem to remember that Moshiri has no direct ownership of Arsenal shares only a stake in a company called Red and White Holdings, owned jointly with Usmanov, which owns 30% of Arsenal.

But I may be behind the times!
Jamie Southern
68 Posted 27/02/2016 at 11:00:18
Sounds like Usmanov buying out Moshiri has lead to some people in pressland putting 2 and 2 together and coming up with 5. Just because Moshiri stands to make £200 out of this, doesn’t necessarily mean it’s because he’s immediately about to splash out on another club, be that Everton or another.

Having said that, I hope it is true. For one thing, as a chartered accountant, perhaps we’ll finally have someone on board who can explain where all the sodding money goes, and what makes up "other operating costs"!

Stephen Davies
70 Posted 27/02/2016 at 11:19:17
Does he not reside in Monaco?
Gordon Crawford
71 Posted 27/02/2016 at 11:23:14
If this is true, then happy days.

I also think you might now see Wayne Rooney back at Everton. Which I’m not too fussed about. To be our first big signing of our supposedly new owner.

James Marshall
72 Posted 27/02/2016 at 11:25:53
Moshiri just sold his entire stake in Red & White holdings to Usmanov for £200m. Same price we’re up for – it does seem likely if you read the Telegraph piece on all this.

It’s fair to say none of us has a clue what’s actually going on, aside from what we read on the Internet or hear on Sky news so we can all try to outdo each other as always on here, but until the club come out and tell us, this is all the same old bluster on TW.

Opinions on footballing matters are one thing, opinions on business deals are quite another – see above re the weird "I don’t want Americans with no money" or "this guy only has £2B, it’s not enough" comments.

Whistling in the wind, gents.

Paul Andrews
73 Posted 27/02/2016 at 11:41:26
Anybody, and I mean ANYBODY, would be an upgrade on the present incumbents.
Gareth Hughes
74 Posted 27/02/2016 at 11:44:10
The supposed Elton Welsby twitter account claiming that the American deal is dead is clearly a fake. There is just too much misinformation floating around, perhaps inevitable in this cyber age we now inhabit where anyone can say/create anything.
Richard Whalley
75 Posted 27/02/2016 at 11:49:02
This is a done deal as of last night.
David Tennant
76 Posted 27/02/2016 at 12:03:47

It's on the BBC now, so may have some truth behind it, but I will believe when I see it. Agreed, that it could be a ruse. But, I'm just going to let the cards fall and then assess.

James Marshall
77 Posted 27/02/2016 at 12:08:13
David Tennant? As a former Time Lord, perhaps you would have more insight than most of us.
Paul Andrews
78 Posted 27/02/2016 at 12:18:47
"The fact that Moshiri is willing to let Kenwright stay has given him the upper hand"

May not be the best deal out there available for our club. But if it gives Uncle Bill the opportunity to continue waxing lyrical and coming over all teary eyed while sitting in the front row, who are we to argue?

Nick Entwistle
79 Posted 27/02/2016 at 12:25:37
BK staying? If I had £200m, I’d give it to him to stay at home and put the running of the club in the hands of the groundskeeper.
James Marshall
80 Posted 27/02/2016 at 12:30:31
I don’t mind Bill staying if he has proper financial backing – whether we like his financial dealings in the past doesn’t really figure in the future does it? He’ll be using someone else's dosh and hopefully lots of it...

Farhad Moshiri seems like a decent fellow by all accounts.

Colin Glassar
81 Posted 27/02/2016 at 12:31:46
Phil, last weeks Sunday Supplement. They were bemoaning the sacking of 'Rico' at the Express. He must be working his notice.
Kevin Tully
82 Posted 27/02/2016 at 12:33:42
Funny, now that we are actually for sale (genuinely, and not just looking for donations), we find ourselves inundated with offers!

Let’s just hope all proposals are given due consideration and the first suitcase loaded with cold hard cash isn’t grabbed off the table and stuffed into the boot outside a rusting Goodison.

The right owners can take this club back to the top where we belong – we are still witnessing full houses after a generation of mediocrity or worse.

I just hope all those old farts who missed every opportunity presented to them on a plate go and enjoy their spoils far, far away from the club. If ever a clean sweep was needed from top to bottom of any organisation, EFC is a prime example.

Phil Walling
83 Posted 27/02/2016 at 13:01:10
I missed that, Colin, but I did note that the Indy was closing as a printed paper.

When I was back home, my grandson – a Manc journo to my eternal shame – did tell me Richardson who was well in with Fergie – had railed against VDG and 'had got his ticket from the pressers'. So I'm sure you are right!

Raymond Fox
84 Posted 27/02/2016 at 13:04:59
Gordon, you can have 100/1 on that!

I'm not holding my breath on this Mail exclusive, probably another load of cobblers.

Jackie Barry
85 Posted 27/02/2016 at 13:13:16
This guy has around £1.5 billion... hmmm, I see no reason as to why there won't be asset-stripping going on in the form of player sales. He needs to make a profit every year with his £99 million or so coming in from the Premier League. We certainly won't be a play thing, so I really don't see much difference between the Americans and this guy. "Be afraid... be very afraid" as someone once said. Lol
Barry Johnson
86 Posted 27/02/2016 at 13:32:33
If you think Bill Kenright is bad, wait until you see what the Arabs will do. This has disaster written all over it. Better the devil you know and all that.

5 years ago, this might have worked, but the drop in oil prices means they are all looking to secure what assets still remain. If anyone is expecting a spending spree, forget it. New ground? No chance.

Lewis Roll
87 Posted 27/02/2016 at 13:35:14
Thanks for clearing that up, Barry.
Jim Potter
88 Posted 27/02/2016 at 13:38:00
Without wanting to get all PC – I wish people would remember that our club has fans from many nations before stupidly slagging whole countries off and potentially alienating our blue brethren.

I’d prefer a Scouse billionaire but we’re not going to get that lucky – so let’s hope that if this takeover is true – that it’s to the group / individual with our best interests at heart.

Andrew Ellams
89 Posted 27/02/2016 at 13:38:55
I'm no expert on the subject but does this guy's Monte Carlo residency prevent him from officially taking up the position of Chairman? I seem to remember something similar with BK when he first took over because he resided in Jersey, or at least that's what he told the taxman.
Paul Andrews
90 Posted 27/02/2016 at 13:39:13
Can you explain how the drop in oil prices has to do with Moshiri’s future spending please. As far as I can see his money is in steel and telecommunications in Russia.

Jackie Barry
91 Posted 27/02/2016 at 13:45:11
Taxes – that's how, as oil prices go down, other areas are looked into to balance out the losses governments would make.
Paul Andrews
92 Posted 27/02/2016 at 13:55:39
Would that not be the same criteria for all prospective buyers, Jackie?
Brent Stephens
93 Posted 27/02/2016 at 13:57:27
Jim #69 - agree. Crazy generalisations here about yanks, then arabs. Typical scousers, aren't we!
John Audsley
94 Posted 27/02/2016 at 14:11:12
Matt Lawton is one of the better journalists around, I think this has a fair bit of fact behind it.

BBC pushing it as well.

I'm feeling positive about all this.

Ged Simpson
95 Posted 27/02/2016 at 14:15:43
This is the one. An owner who is part of the incredibly financially well managed Arsenal. Announce it tomorrow just after Man City win over RS.

God I like this story.

Alex Bonnar
96 Posted 27/02/2016 at 14:28:42
It does not matter who takes over at EFC, they will expect to make money out of ’the project’. Accept it.

The best way for this to happen Is for the club to be successful – which will suit everyone.

Jackie Barry
97 Posted 27/02/2016 at 14:43:42
It depends, Paul, on how heavily the industry you are involved in is already taxed. Telecommunications is one of the industries that has already been cited to suffer from the oil-price drop.

People celebrate oil-price drops like winning the lottery and it even brings praise for the leaders of certain countries. The truth is it does have a knock-on effect and people will suffer elsewhere.

Paul Andrews
98 Posted 27/02/2016 at 15:21:07
Thanks, Jackie,

I know little about the subject. In your opinion, what industry would you like a potential buyer to be in?

Mike McLoughlin
99 Posted 27/02/2016 at 17:02:48
Well it's now been announced on the OS he has bought 49.9 % of the club.
Brian Sephton
100 Posted 27/02/2016 at 17:17:26
So easy to get carried away but, if his quoted words are correct, then Bill has done us proud: 18 months grooming him then a third party interest to get the right price!

And before any of you doom and gloom merchants start – Get on board and let's go for the ride of our lives

COYB – Onwards and upwards.

Mike McLoughlin
101 Posted 27/02/2016 at 17:31:23
But I wonder what that means for the club. Can’t see him spending his money to improve things at the club which in turn benefits the club and in turn the other shareholders. Must be something more to the deal than what is being reported.

Hopefully there is a full staged takeover. 49.9% now with a view to further purchases in the future. There is a few conspiracy theories running round in my head. Is he the profit before the real deal comes in? Is he just setting the scene or paving the way for Usmanov?

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