FAB report that Moshiri has received 'unsolicited approaches' from potential investors

The Club's conduct at the meeting is equally contemptuous. When the FAB was set up by the Club that were to be party to board decisions and an Everton Officer they spoke to. When they spoke to Thelwell, he gave them details, but insisted on confidentiality, which FAB upheld. Jamie Carragher considered this a brush-off by the Club to the Fans that FAB represent.

At this current meeting, the FAB were not party to the details of the Share Purchase Agreement. I doubt the Club Officers are party to the SPA details either. FAB have the status in the Club, as they where setup, of being entitled to be given details under confidentiality terms.

The fact that this Share Purchase Agreement has been a fiasco and still is, gives credence to the belief that it is an absurd agreement, by two absurd parties, Moshiri and 777 Partners. It is a pure brush-off attempt by Moshiri at this meeting to give credence to his ridiculous agreement. Other interested parties must be wondering what Moshiri is talking about

I do miss Jazz Bal, who was more adept at exposing the Club and Moshiri for what they are. FAB was more effective with him as Chairman.

Moshiri is nothing but a Muppet and it shows.

The fans are merely very, very interested spectators.

Whatever Everton becomes going forward is completely in the hands of our current owner. It's going to get a lot worse before it gets better.

Just hopefully not for long Farhad🤞

Thank you for having the vision to create a magnificent stadium on the waterfront, but anyone who was prepared to spend so much money on a football club, and leave Kenwright in charge, deserves all they get, imo.

Maybe this is why he his treating us with so much contempt?

The original 777 press release said the completion was expected Q4 2023. That being the expectation, for what reason would a vendor provide such an absurdly long extension?

In this election year, I'm wanting to put my hat in the ring.

Subject to a vote obviously.

I think Dave Kelly has done a good job. Especially in speaking out and communicating.

It helps to stop thinking of Moshiri as a real person and realise that he is just Usmanov's puppet. Either that or he is simply an imbecile, I'm still slightly on the fence.

It is almost impossible to know for certain what Usmanov is doing in the background to shift his assets around sanctions but I'm certain that the man at least knows how to do it.

I get the impression that we're just watching the pieces fall into place. Anything else would just be absurd.

This follows George Downing selling a (£200M?) property a few weeks ago.

John Textor reportedly selling his shares at Palace (he has considerable stakes in a number of clubs).

Expect more of such reports over next few weeks as we enter the 'home straight'.

I don't think it is worth me speculating on situations I know nothing about, or worrying about things I can do nothing to change.

Would this FAB update of Moshiri admitting there are potentially several parties interested in buying Everton (approaches/ other parties) have been better represented in your article title as that rather than just a general FAB update?

My sister told me to take a break from it.

She knows I won't.

I'll take my nephew to the pre-season games.

Two parties sign it and are bound by the Terms and Conditions – if they don't, they're in breach and subject to damages.

You have my support.

I understood Mark to be asking why did Moshiri agree to the terms and why is he extending it, since 777 have presumably not been able to fulfil their end for quite some time.

I'll take Andrew's point that it is all very common practice.

Firstly - read Stephen's post at 14. This is happening folks. Finally.

Second - Danny, my vote is also yours.

I've fleshed that information out on another thread. Interesting reading.

Textor also owns Olympique Lyons

Oh, hang on a moment, I mean FAB.

You get my vote, Danny, go for it.

As far as Moshiri not supplying the FAB board any information, there must be some clause in the original agreement that provides information that can not be disclosed until the agreement is over.

There does seem to be more names coming out as possible buyers; let's hope they are more genuine in their finances than these charlatans 777 Partners.

Andy Bell hasn't had a hit for years.

Blue Savannah is getting a re-release.

I'm sure consistently relying on their money to fund the club each month with loans comes at a cost if extending the exclusivity period.

He's a 100% nailed-on scouser (as am I in my own humble opinion!) so he gets my total support to lead the FAB......... and don't blush lad!

So has he sold his shares yet??

Thanks you for answering Eric's question. This is not about what a contract is, it's what is in it and why.

If 777's press release in September 2023 quoted Q4 2023, that would not have been done without consulting Moshiri so why at that point, would you draw up a contract with a completion date 6 or more months after that?

I don't think that original contract said April or May 2024. Goalposts are moving. Who knows why?

Mark #37, the goalposts are moving because the Premier League haven't approved the takeover and Moshiri still expects to get his £60 to £130 million from 777 Partners that no other potential investor would give him.

I appreciate that Moshiri decided that was the best deal at the time, although was not MSP's offer at least on paper, more valuable?

That was seemingly blocked by R&MF yet as far as we can tell, they continue to be open to 777's bid, which I would argue might be a lot more risk to their loan security.

I appreciate you might disagree and that this is just a normal sale agreement that is going wrong, but personally, I think there is a strong possibility there is more to it than that. There is a lot in this that doesn't seem very logical to me, not least, how could Moshiri know that no-one else will entertain an offer that would match 777 if he won't consider them?

As I say, I can't imagine the original agreement had a cut-off as late as April, given the PR release I quoted from. Maybe it did, but it seems to be to be highly restrictive for Moshiri if that is the case.

I'm sure you're right that 777 Partners offered him the best deal at the start of negotiations but it has been becoming increasingly doubtful that they will be capable of getting the finances together, so why is Moshiri persisting with a failing bid is the burning question? None of us would accept this kind of thing if we put our homes on the market.

Is he a moron? Or is there something we are missing?

I think Moshiri putting a deadline of 31 May might well be when he will be able to then talk to other interested personnel.

Let's not forget 777 have been funding loans to Everton so they must have some binding agreement for first refusal, With 31 May being quoted, that must be the final extension for 777.

For those saying Moshiri is keeping us in the dark, he probably cannot say anything for the time being.

Things will become clear after the deadline, where Moshiri will be able to discuss it and about other interested parties

Let's see what happens after the cut off date.

I may live away, but not as far as some. For me it's a 2-hour train journey, not crossing oceans.

The pull to the home city is irresistible. My sister and cousins are constantly on my back to get "home".

And then there is Everton. I admit, I'm a blue addict. I think I'm beyond cure, no matter what they put me through.

I'm sure many can relate. We may live anywhere, but there is only one home city. And only one club.

Only Everton could end up owing a shonky pyramid scheme £200 million – thanks, Moshiri!

It sounds like the chancers at 777 Partners have been desperate to purchase Everton so who knows what they offered to try and get their measly thieving paws into our club?

Surely his advisers would have carried out 'due diligence' before he cashed the multi-million cheque? Or were they ever consulted?