Who are the players in the dance to own Everton?

Hearing yesterday that Phil Foden's new deal would be worth £19.5M per year reminded me that Peter Johnson bought the club for less than that.

Whoever, finally, looks under their mattress and stumps up the funds to satisfy Moshiri, my only wish is that they can put the club on an even keel.

If they can restructure debt so that we are not selling players to pay off interest, it will be a start. If they have a business that they can channel money legally into Everton as income, stadium naming, shirt sponsorship etc, then that is better.

I've never bought in to all the Kenwright bashing on here. I loved that he was an Evertonian, and after Johnson had asset-stripped us, that was important. Unfortunately, the game moved from needing millionaire owners, to needing billionaires. Blaming a man for not having enough money to compete with Arab sheiks and Russian oligarchs is not reasonable.

I still want Everton people, or people who get what we are about, in charge of the club. So we need the right billionaire. I just know that there are very few of us here who breathe that rarefied air and would know until after the event if we are getting the right one.

Bell and Downing have been the favourites because of their Everton association combined with their financial nous. Do they have the financial clout for the debt relief or are we left burdened for years to come?

Manoukian and partners appear to have better immediate financial means, but less football knowledge.

I guess the devil is in the detail but it may be irrelevant what we fans want if Moshiri's sole objective is to recoup as much of his investment at whatever cost to the longer term future of the club.

At least the skies are somewhat bluer than when our only conversation revolved around 777 Partners.

Is this the same Johnson that put his hand in his pocket and pulled out £10 millions, not once but twice, and left the Club in a good financial position?

Remind me what Chairman Bill did again?

To paraphrase another TW member "Spurs, elite my arse"

We were all excited when Moshiri took over and went about funding the Club and stadium from his own pocket, which he had maintained until the Ukraine situation. It is only now that Moshiri has stopped the funding that we find ourselves in massive debt.

I don't see being purchased by someone who is just going to take on debt themselves is really going to help the situation. They would have to find the income to not only service the Club debt, but also additional income to service their own debt.

When the late chairman bought Everton from Peter Johnson Everton owned Goodison Park, Bellefield training ground and were £20M in the black at the bank — so compare that to the dire straight the club was in when Moshiri bought the club off Kenwright who had decimated the club to the point Goodison Park was nearly fully owned by the banks, Bellefield had been sold, Finch Farm had been bought sold and then leased out on a long term highly rented rate.

The man you loved for being an Evertonian (?) bought the club without, seemingly, putting any money up and got £40M for his shares and kept hold of the club.

Peter Johnson had a new stand erected, won us the FA Cup while chairman and I doubt he made any profit in selling the club.

Kenwright still owned £M's in shares when he passed away.

Boys Pen Bill was as good as Trump as proving the old saying was always true

You can fool some of the people all of the time…

No further loans involved and lots and lots of money behind them.

Oh, and I just cannot believe, with all the evidence that's out there that some are still being taken in by our ex-chairman.

The notion of producing a good team just doesn't figure.

Colour me "non-plussed".

Is it too much to hope that our next owners are a step up from a KGB-backed state-looting patsy steered by Billy the Kidder from the Wild West End?

Whoever buys us will not pump money into a spending spree. That is out of the question and would be largely pointless anyway seeing as though we are about £750M away from competing – but unable currently to attract players worthy of a big fee and wages.

As I mentioned on another thread, the owners of Roma have engaged in harsh cost-cutting on the playing staff in the last 2 years. They and others will do the same for us.

Also, they appear to have the wherewithal to meet with Premier League approval. We could do worse.

I have no desire to go through the mismanagement of Everton FC by Kenwright; however, for clarity and to educate you, Peter Johnson left Everton with a newly built Parkend Stand, as others have already said and I have contributed many times on threads.

About our financial position, Kenwright begged stole and borrowed to get his hands on Everton. He ran us into the ground, finding Moshiri was to his benefit – not Everton's.

Moshiri has been a fool with his or Usmanov's money; however, Moshiri has delivered the one thing that may be our saving grace. The new stadium at Bramley-Moore Dock is the catalyst for our rebirth.

Kenwright was the continued drain on our resources. Kenwright should be written out of our history – the ego of the man, his photo on Goodison Road timeline says everything about him.

The timeline was and should have been about Everton's success and the firsts Everton have recorded. Not an egotistical deluded liar and dictator.

Championing Kenwright gets my piss boiling. The new stadium is in spite of Kenwright.

I don't want Evertonians after the last debacle but I would love a couple on the board, or even chairman of the board, just as long as they were answerable to serious owners.

This thread about what is at stake has made me start thinking about that Leonard Cohen classic, Lyndon. So, whoever purchases Everton, just make sure you dance me to the end of love!

Do us all a favour, Martin, and go and do some research on Kenwright. The sooner that man's name and face is removed from every facet of this football club, the better.

I assume also you know that Everton should have been playing at Kings Dock for several years now?

Being an Evertonian does not excuse the damage this man has been responsible for. Oh, I forgot: "He was one of us…"

Does this mean Sir Tim is lurking in the background and ready to become our new Chairman? It would be bonza would it not?

Consortium with Saudi royal makes £400M Everton bid

If your link is truthful and not speculation, and there's a lot of chatter out there about this bid, I don't see how Moshri turns it down?

An all-equity offer I'd think is near impossible to reject if you're in Moshri's shoes?

Perhaps we need somebody who can pay off the debt and then turn the loan into equity or hope that Man City win their action against the Premier League and then owners should be allowed to pour in as much as they like.

David #21, it would appear that there is one big difference between the Manoukian/Saudi consortium and the owners of City and Newcastle, which is that the bidders are private, not state-sponsored.

Jack #20, I couldn't think of anyone better. What a Chairman he would be.

Lyndon, one correction... the model for Jerry Maguire wasn't Moorad but his longtime partner Leigh Steinberg, always the more expansive and public of the two.

It was to prevent owners pouring in as much as they want that lead to the PSR / FFP farce in the first place

Now if owners were required to lodge a bond at the time they purchase a club?

It's amazing what a shiny new stadium on the Mersey can do for your sex appeal.

With the death of 777 Partners, we suddenly have 5 or 6 consortiums. Normally you might think that for once this is good news for EFC but then you realize that Moshiri has shown himself to care little for the Toffees and more about his dirty money.

What chance do we have that he will pick the best offer for EFC or himself? I think we all know the answer to that! I might think he would think he would pick the one that gave him the best choice to get some of his money back.

How do we feel about the choices he has thanks to Lyndon's excellent breakdown? Would we rather have the Bell, Downing and Dell consortium or the latest one by the Armenian London-based Toffee fan over any of the others because they are Toffees?

In the long run, does it make any difference as money is money? But despite what we feel about Kenwright, doesn't it make some sense to have owners who have shown themselves to be true fans?

I don't think Moshiri will give a shit! I can't see anyone else at EFC who will get a say. I guess all we can hope is the deal is done sooner than later and it does not turn out to be another 777 debacle. But then, of course, this Everton!

Of course he will, David. Why wouldn't he? Anyone in the same position would do exactly the same thing. When has any selling owner in football ever done otherwise?

I hope he's wrong.

However, when you look at the Manoukian offer, it has to be tempting to Moshiri and good for us at not increasing the debt.

Welcome Mr Manoukian. As for our Saudi friend, shukhran habib!

They have submitted a bid to Moshiri, and if so, how can that not be serious, but the Dell boy outfit are?

I listened to The Esk podcast and he stated that Dell is backing Bell and Co but what he omitted, probably through his bias supporting Dell boys, that Dell offers merely loans and not backing per se. That for me is Mr The Esk lacking credibility.

He's a clueless Teutonic twat... okay, he's not Teutonic but I watched BS last night and the line came into my fwigging head.

The Mirror reported that, after the deadline for 777 Partners had passed, Moshiri had said that he was minded to give 777 Partners more time, seeing how much money they have put into the club.

While, from a football perspective, new owners would at least give some certainty about player transfers, it seems until the club is sold, Moshiri will make those decisions.

So the new owners may come into a club with some of their best assets already sold, because we know that to avoid further points deductions we need a player or players sold before the 30 June deadline, which is only 20 days away.

To my knowledge, I don't know of one Evertonian who blamed Kenwright for not having the money to complete with sheiks and oligarchs. It was common knowledge that he couldn't compete on that level.

Where he does rightfully receive blame is, after recognizing the fact, waiting to "find the right owner" for Everton Football Club. Had he shopped the club years before he actually got around to it, it's possible we wouldn't be in this mess.

But his waiting (and desire to maintain his hold on the club) put us in the spot we're in today.

And so, up to now, we've had stalemate. The delay hasn't been a lack of buyers, it's been over the price. Anyone would be interested in buying Everton if the price was right. But an attractive price means Farhad and Co write off literally hundreds of millions.

I've got a feeling there are really only two parties involved in this, MSP and Farhad. The rest is just smoke and mirrors. MSP have been playing a patient long game, waiting to pick up Everton for a song. Equally, Farhad is reluctant to accept these term.

I do wonder now whether all these miraculous wealthy suitors are just his mates doing him a favour by looking interested so that MSP think they won't be able to play hardball. It's very suspicious that they suddenly emerge at this point.

Any of the potential suitors seem a huge step up from the current owner and 777 Partners.

Martin Reppion's selective Kenwright memory and portrait is nothing short of jaw-dropping. It's unfortunate that we have to go back to the me-me-me-me impresario, but posts like the first on here make that necessary.

Martin Reppion boils down Kenwright's numberless faults, deceptions, lies, greed, and sleaze to – feck me – he did not have enough money. He has to have had the bad luck to either work with him or be one of his luvvies.

I have more respect for professional sham unscrupulous “scouser” John Bishop than for professional sham unscrupulous “scouser” Bill double-dealing shithouse Kenwright.

There are several reasons organic growth to the level I believe Evertonians want won't happen but, in reality, it hasn't happened anywhere since 1959.

Let's just hope Moshiri sells to the right group as quickly as possible so we properly prepare for the coming season (our last at the "Old Lady").

So let's make it a very special one, eh, folks!

I couldn't care less if they're Blues or not. I sort of understand why that sentiment is widely held, but I can't see why being Everton fans would make them better owners. I haven't noticed the UAE adding sky blue to its flag, but they've been pretty effective owners for Man City.

The two actors who bought Wrexham had never heard of the city, but they've brought the club up two divisions in two years. On the flip side, ask Spurs fans if having a fan in charge has filled their empty trophy case?

The key is your second sentiment -- we need owners who want to achieve something when we get into the new stadium. That's what matters, not whether they've bled Toffee Blue all their lives.

" I can't see why being Everton fans would make them better owners".

Mike, if their intentions are honourable, then certainly they might be no worse owners than Everton fans.

However, their intention might just be to make a quick killing – something Everton fans would not contemplate but which non-Everton fans might not hesitate about.

Other things being equal, I'd take the Everton fans.

It's practicality and emotion blended to get the best result, an owner who is passionate, funded and very good at what they do.

Reality is somewhat of a compromise, a means to make money, an investment, an addition to the portfolio.

With every candidate comes the requirement to be a champion, not just to win but to be successful. Investors wanting a piece of pie aren't going to give you that. It's all about cost and risk aversion and 777 epitomizes that.

The questions for any potential purchaser is Why? What's in it for you? What's your end game?

At least we would all know what they think success is... a "Good times" for one is dejection for others..all a matter of perspective and expectation.

You are either Doddy in disguise or Kenwright PR agent but ,whatever it is, please do us all a favor and give up on the "Kenwright is a saint" mission.

There is sufficient evidence for you to read up on without going over old ground but most intelligent Evertonisns see him for the fraud he is and was.

He was only ever interested in himself proven by the fact that when he knew he was dying he still did not put a penny back into the club that he professed to love having made over £40M out of with zero investment and having asset stripped the club to its bare bones.

To call him a conman is an offense to conmen.

I swore you wouldn't get me going on black bill but you have.

They have already loaned money to the club and I’m sure have a well-developed vision for both the club and the surrounding areas adjacent to Bram;ley-Moore Dock.

You are absolutely correct. We require the best possible owners to stabilise the club and ensure a successful future.

Kenwright proved that being an Evertonian didn't prevent him being the worst owner in Premier League history.

The resilience shown by the squad towards the end of the last season was commendable but the cracks are still there.

Dyche is worthy of another chance but it would be nice if he has some more ammunition made available.

I don't think anybody would suggest that just being an Everton fan is sufficient to be an Everton owner. Business acumen is important as well.

After all, we've for decades had to exist in an asylum where a self-serving lying lunatic took over so it's hardly a surprise there's still one or two who still give the shit some support.

It takes all sorts...... and that's what TW stands for!

It is not just the money although that helps but as we have seen from fumbling Farhad and bungling Bill there needs to be a sense of purpose and the ability to execute it.

I have no doubt our new owners will be fiscally smart but let's hope they are smart enough to seek out and appoint the best football people and stay in their lane.

Is there anything the Premier League could do, if we sold Branthwaite to Roma before the end of June, then in July bought him back, so it goes on next year's accounts.

I know it sounds right out of the Man City text book, but by next season, the new owners should be in place and our accounts and debt should be much better.

Be worth it if it was possible, just to watch Masters fume and not being able to do anything about it.

Moshiri will choose whoever's best for him and we'll be the last to know.

It appears that the APT rules came in after PSR and it is that, APT, which City is taking legal action. (See item on Toffee Web.)

I'm led to believe there's a very interested party who are still to show their face so who knows what is going on behind the scenes right now?

"Let's hope they are smart enough to seek out and appoint the best football people and stay in their lane." — Too right.

Firstly, we assume that the basics of business have stayed more or less the same

Over the years, I've seen enough cut-throat businessmen ,who, once they're chairman or owners get seduced by football manager-itis and start making 'heart' or daft decisions for the club that, if an underling did it in a normal business situation, said underling would be booted out the door.

Never underestimate the glamour, being blinded by the light.

As I understand it, the numbers are; Moshiri has put £750M in of which £300M is equity, all the other lenders amount to a around £600M, the main 3 owed a little under or a little over £200M each.

Obviously you can cut things multiple ways, but even an £800M bid would, could assume Moshiri getting his equity back but losing his loan pretty much entirely (and I think I've read reports that suggest he is resigned to this?) and requiring the other lenders to accept in total a fairly modest £100M cut in their £600M investment. I'm assuming here that interest is paid, not accruing.

A £400M equity bid would see Moshiri make a modest capital gain on shares but would also see his loan go to zero and need £200M cut from other investors. Conveniently, around what 777 Partners have provided. But despite their apparently junior debt position, they might not accept it being as simple as that!

Either way, an accepted £800M bid would still see value destruction in the order of over half a billion. Quite impressive! But then maybe what our long poster and people like Mike G are suggesting that, on the basis that it's worth what someone will pay for it, someone may pay well over a billion for the 'promise'.

There remains a lot of talk about the value of revenue streams from the new stadium, but I've yet to see anything on paper that would support such optimism, especially as we are highly unlikely to enjoy financing costs as low as Tottenham, even under new owners.

At the risk of stating the obvious, the less the purchase price, the better for the club and us as fans.

No one is paying £800M for Everton…
What on earth are you talking about?

RMF and MSP will get their loans paid back.

Moshiri will get nothing for his shares and his shareholder loans will be written off too.

I also doubt 777 Partners will get their £200M back any time soon and it doesn't need to be paid back til 2026 anyway.

He likened the £400M equity-only bid from Manoukian to somebody offering $400k in cash to someone advertising their house for sale at £1M.

He more or less dismissed the others.

Making a clear break is obviously his first choice but if he cant find people who can raise enough money for a total puchase its a option.

The straw that broke the camels back is the cost of the new stadium.

Are you still not in a position to tell us a little more on that?

Other than that, I've heard nothing, although I'm sure that, like The Esk is reporting, not all these different groups will be genuine.

Wait and see, with the patience of a saint, we all continue to wait and see!

If it's an equity only bid, that doesn't necessarily equate to Manoukian not assuming some of the debt Everton carries.

There's counter offers to interested parties...

TalkShite probably knows more than I, but I would not poo-poo that kind of offer and would certainly counter. I mean, surely this is the initial offer and Mankouian wouldn't table his best offer up front??

I dunno. Colin Glassar probably has the right of this. He posted somewhere recently something akin to not being able to do a damn thing about any of this, it'll take months, probably best to tune out. Problem is I can't!

Everton takeover news – Saudi consortium, bidder 'withdraws', Armando Broja talks…

It seems strange that if there was someone out there who was genuinely interested that they wouldn't have put their head above the parapet by now.

I can't see why they wouldn't be coming forward now if they wanted to invest in the club.

Do you really think Moshiri seriously expects to get £1 Billion (extrapolating your comparison)???

I don't think so, and I'd bet his agreement with 777 Partners was nowhere near that amount.

If I'm Tony's mystery Yank buyer in the hotel, I'm sitting back with a warm brandy and watching the chaos. I would be revealing neither my presence nor my plans.

There's no time pressure or urgency for a buyer -- administration is not looming -- and trying to figure a price for the club is crazy difficult right now.

I presume you're referring to my post, though it's not at 54.

My post, if you reread it, isn't my comparion at all, merely me posting what Stefan Borson had said on TalkShite.

So what happens if Moshiri enters into an exclusivity agreement with another investor in the meantime?

In my opinion, there is an urgency to get a deal done and a new era started rather than dragging it on longer seeing as though it's been approx 10 months already.

What's the betting that we go into the new season still waiting for new ownership!

If Moshiri agreed a deal tomorrow, there's no way it would go through before next season.

Matt Slater says, even with an opened stadium, we're only worth £8 billion at the most. The latter Armenian-led consortium, Slater thinks it's just Moshiri leaking any conversation to cause an auction for Everton.

But the Armenian deal leaves more questions than anything else, and the royal prince, of nothing significant. I think we need to be realistic as per that amazing analysis by the Barca fan per Stephen's post @79. Okay, the main relevant article to this attachment.

The Esk is right again. He said the Armenian is not a serious offer.

Did you mean £800k?

You are still kidding!

Surely the time has come for Moshiri to sell the club but it still doesn't seem that he his happy with the price, even though a lot of the financial mess we are currently in must be down to the way he has gone about acquiring loan after loan and putting them on the club.

He's got Deloitte trying to drum up interest and he's got interested buyers but I doubt any of them are prepared to pay over the odds for a football club that has acquired massive debt.

I have found it very intriguing why this group have yet to come forward and how they have managed to stay in the dark. I could be getting spun a great big lie but what Mike says about being patient makes me believe that they might just be what Everton Football Club needs.

My own view about football is that having a cool head is absolutely crucial, although I'm aware that things are at a very critical stage right now.

I don't know if it was anyone inside our club who actually came out and talked about how many people are interested in buying Everton but, if there are interested buyers out there then, if things don't happen quickly, it must only be because nobody is prepared to pay what Moshiri wants.

The biggest worry is that Moshiri, who is set to lose millions, only wants to sell the club (I think) but, for the club to be competitive next season and not be in another relegation battle, then it needs to be sold to people with a plan before it becomes too late to avoid this.

It's all big business and everyone wants to make a little money buying or selling.

Moshiri may take a hit in the end but all the loose ends need to be agreed upon.

No point in us fans speculating. The Media takes care of all that.

Now it looks like Moshiri, wants to walk away with a profit, and that may ultimately scare new owners away. I wouldn't put it past him, if he kept a financial interest, as a new owner reaps profits in the long term.

Just get out of our club Moshiri!

Apologies, no wonder they call it TalkShite!

I read that he expected to get between £60 million and £130 million back from the 777 deal, and if they were the best deal in the room, he'll be expecting less from the others.

FAB open letter from Monday asking questions of all bidders. Guess I’d better look for that…

Our club is not worth a billion so I would never say £8 billion. I never said that, even though I'll concede I am dyslexic. Are you using AI or other software to edit text?

Here's the exact text you submitted:

"Matt Slater says even with an opened stadium we're only worth. 8 billion at the most."

Our AI Editor Bot took that to mean a full stop at the end of a sentence, and a missing currency symbol, but then saw it ran on and so it then eliminated the full-stop.

Please don't say you were trying for that awful Yankee meme of dropping the zero when writing .8? That may have been your intention but it may have been modified by a parsing routine in the original submission.