07/06/2024 174comments  |  Jump to last

Tech billionaire Michael Dell is reportedly using his "family office" to support Andy Bell's and George Downing's bid to buy Everton

Updated Evertonians Andy Bell and George Downing are among the leading contenders to buy Everton amid reports that a new group of investors have entered exclusive negotiations with Farhad Moshiri.

The pair are already creditors of the Club through MSP Sports Capital, the investment outfit who loaned the Blues £158m last summer after being denied the chance to take a 25% equity stake, but it appears as though their latest bid does not involve the New York-based firm.

Instead, following a similar claim by the FT, Paul Joyce of The Times reports that MSD Partners, the investment vehicle of tech billionaire Michael Dell, the founder of Dell Technologies and the 10th richest man in the world with a personal wealth in the region of £120bn, will help support Bell and Downing in their efforts to buy the club under the umbrella of a new entity called Toffee Ventures.

MSP are said by Sky Sports to be one of five different entities vying for control of Everton but Matt Slater of The Athletic suggests that the pair of Evertonians "have been trying to pull a deal together with the support of British financial services group Zeus Capital and US private equity firm, BDT & MSD Partners," separately from the investment firm helmed by Jahm Najafi and Jeff Moorad.

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Joyce posited last night that there are also two offers from existing Club creditors, with A-Cap, a major lender to 777 Partners, whose nine-month bid to buy Moshiri's 94.1% stake finally collapsed last week, said to have made a bid to come on board with a minority stake and restructure the Club's debt.

Based on the latest report in The Times, however, it appears at this point as though only Toffee Ventures and MSP Sports Capital are in the running, with the latter also being talked about in terms of taking a significant stake in Tottenham Hotspur – although there is talk of one more, as yet un-named, global group of investors in advanced discussions with Moshiri.

One interested party who no longer appears likely to lead a takeover is John Textor who spoke recently of his desire to sell his 45% interest in Crystal Palace and buy Everton instead.

However, as Slater suggests, the American's proposal to put his shareholding in the Eagles into a blind trust while his advisors sought interested suitors so that he could push ahead with plans to bid for the Toffees has been ruled out.

It is not clear which option the Blues' majority shareholder favours but he claims that an announcement over which group has entered a period of exclusivity is imminent.

Quotes sourced from The Athletic

Reader Comments (174)

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Mark Ryan
1 Posted 07/06/2024 at 10:26:07
Sky News claiming that there are now 5 different parties interested in buying Everton Football Club:

Everton takeover latest: Five groups trying to buy Toffees as owner Farhad Moshiri considers next move

Stephen Davies
2 Posted 07/06/2024 at 10:39:40
Bill Gall
3 Posted 07/06/2024 at 11:44:00
There is one name that has been mentioned but it sounds like more fake journalism, the name of Robert Kraft, owner of New England Patriots.

Now that is an organization that I would definitely back as Everton owners but I believe that this is more of a sports journalist looking for something to put in his column.

Brian Williams
4 Posted 07/06/2024 at 12:22:26
Toffees Ventures!!
Jeff Armstrong
5 Posted 07/06/2024 at 12:26:31
Reports that there are now 5 potential bidders for the club.

Moshiri's head is going to be spinning with each different proposal, he's going to need a decent accountant to trawl through each bid!

Stephen Davies
6 Posted 07/06/2024 at 12:57:41
Interesting Companies House registration of Andy Bell's new company, Toffee Ventures Ltd
Mal van Schaick
7 Posted 07/06/2024 at 13:21:11
Bell, Downing and Textor combination, would be attractive to me. Local buyers who know the club, coupled with an investor who can see potential in a successful era of the club, once we have stability.

ps: Get it done quickly.

John Keating
8 Posted 07/06/2024 at 13:38:02
It would be great to see investors also be supporters as they would understand the club and the supporters.

However, they also need to be hard-nosed businessmen and run the club as a business, not a plaything.

Moshiri has a lot to answer for but the worst thing to happen to Everton Football Club was The World's Greatest Evertonian.

Paul Hewitt
9 Posted 07/06/2024 at 14:15:59
Looks like the end of Moshiri's reign is in sight.
Roy Johnstone
10 Posted 07/06/2024 at 14:29:11
Good luck to them. They're gonna need it, trying to untangle the finances as they reportedly stand.
Robert Tressell
11 Posted 07/06/2024 at 14:35:01
Go Team Venture!

(Not sure whether that is too obscure a cultural reference but hopefully someone will get it.)

Peter Hodgson
12 Posted 07/06/2024 at 14:51:56
It has been said elsewhere that someone has been given exclusivity – don't know who though.

Anyone any idea who? I hope it isn't A-Cap.

Bob Parrington
13 Posted 07/06/2024 at 14:56:46
This from a friend on Merseyside:

Merseyside businessman Andy Bell has set up a new company called Toffee Ventures as Everton takeover talks with Farhad Moshiri continue, according to The Athletic.

Matt Slater's article [7 June] suggests that Bell – who alongside fellow local businessman George Downing is pushing to acquire Farhad Moshiri's controlling stake in the club – has recently sold £28m worth of shares in his successful investment platform, AJ Bell.

Funding from Toffee Ventures could further help supply Everton if a deal is agreed, with the club's debt of £225m set to fall towards Cheshire-based lender Rights & Media Funding (RMF) which is tied up in assets, helped by historical transfer instalments owed to the club and future player sales.

Everton are also indebted £200m to seemingly failed projected new owners 777 Partners, and the £158m subsidiary of Bramley-Moore Dock Stadium is owed to American firm MSP Sports Capital – who are set to rival Bell and Downing to snap up Moshiri's 94.1%.

New group set to enter Everton bidding

The news comes as part of Friday morning's report which claims a new investment group are said to be entering the race to buy Everton, with Moshiri set to decide on his preferred party.

The consortiums already on the table could be set for exclusive talks with the Blues owner, who is owed £450m in unsecured shareholder loans.

Moshiri publicly favoured a deal with 777 Partners and had given the US firm every chance at completing a deal having bankrolled the club throughout the 2023-24 campaign, whilst blocked by the Premier League from completing the takeover Everton.

Farhad Moshiri is owed £450m in unsecured loans
Then, 777 – plagued by legal controversy – failed to meet an exclusivity deadline of 31 May, leaving the field open for competitors.

And my response:

Yours is a different situation than written on TW, which, to some extent is refreshing. Why? Because it demonstrates that there are more than one player in the market to try to take Everton from rock bottom to the point of being a serious contender in the Premier League.

Only time will tell, of course, as to what the final scenario will be. I have an itchy feeling that it will be at least a 2-stage process, whereby various players place some stability in place before selling to a serious contender, who (which) wishes to ‘big time' run the business of Everton to be the leading Merseyside Premier League contender. Likely to be a 5-year plan minimum. But long term success vis-a-vie Man City v Man Utd.

I think both are plausible.

Andrew Merrick
14 Posted 07/06/2024 at 15:07:41
It will be very telling who Moshiri picks… not A-Cap please!
Jeff Armstrong
15 Posted 07/06/2024 at 15:16:25
So, reading the above article, we are roughly £1 billion in debt to various loaners, Moshiri included… shitshow, cheers, Bill.

Also, while all this is going on, we still need around £25 per month to keep running, we need new players before the season begins in about 8 weeks time and Thelwell also needs to sell before incoming deals can be done.

Maybe the Euros will work as a distraction.

Martin Reppion
16 Posted 07/06/2024 at 15:19:23
Much more relevant news than any transfer speculation at this stage.

With the Yankee wide boys now out of the running, we may get some interested parties who can actually raise the sort of funds we need in the short to medium term to stabilise the club. They can see the financial benefits of a successful club at a prime venue, which will begin to become fruitful starting in 2025-26.

As has been said, this will not be an instant injection of top talent and bought trophies. But by building on the base we have we can look forward with slightly more hope than of late. Any potential investor can see how being involved now in a club like ours can bring rewards in the future.

Rob Williamson
17 Posted 07/06/2024 at 15:27:45
The worrying thing for me about all this is that, if there are a number of competing bids, Moshiri will do what's best for him and not Everton Football Club. ie who can give him more of his money back in the shortest possible time.

My heart suggests that the group which includes Evertonians Bell and Downing, would be a great choice but they're not going into this out of the goodness of their heart. In addition, haven't we been down this road before? (World's Greatest Evertonian anyone?)

I'm not a religious man, but I'd be happy to start praying to anybody who'd listen that we get this thing sorted once and for all. Now, where's that prayer mat?

Kieran Kinsella
18 Posted 07/06/2024 at 15:28:04
Jeff Armstrong,

"Also while all this is going on we still need around £25 per month to keep running."

It is a big ask but if it helps I am willing to chip in the 25 quid a month to keep us running.

Alan Bailey
19 Posted 07/06/2024 at 15:42:00
If Andy Bell and George Downing set up an IPO for any body to buy shares in Everton, I am sure he would be surprised how many Evertonians and other football supporters would subscribe.

Deliveroo raised £2Bn when they held an IPO for their shares.
I and many others are confident that in the new stadium and sound management Everton Football Club can be a highly successful investment.

Peter Hodgson
20 Posted 07/06/2024 at 15:43:04
You have my unmitigated support Kieran (@18)!

Good luck by the way with your donation.

Jerome Shields
21 Posted 07/06/2024 at 15:45:26
Blue Sky Capital has provided £450M in Shareholder loans, which are treated in the Everton Accounts as equity under additional reserves as the Auditor does not consider them loans.

Moshiri is one of two shareholders in Blue Sky Capital. The other shareholder is not known, but apparently is not Usmanov. These shareholder loans were written off by Blue Sky Capital. The 777 Share Purchase Agreement was for all Blue Sky Capital's shareholding in Everton.

So any parties buying Moshiri 's majority shareholding will not be buying into any shareholder debt.

If Blythe Capital, Downing and BDT & MSD can raise funds and buy Moshiri out, that is the best scenario for Everton going forward. Hopefully A-Cap and 777 Partners end up as an unsecured lender of £200M.

There is also a payment by 777 to R&MF as part of the Share Purchase Agreement, the details of which are not known.

Paul Hewitt
22 Posted 07/06/2024 at 15:46:21
Some guy called Michael Dell is involved apparently.

His wealth is $100 Billion.

Tony Abrahams
24 Posted 07/06/2024 at 15:50:00
I've heard that's already started Rob @17.

But maybe he's within his rights because Everton, as explained by Texlor, are a fantastic proposition!

Michael Kenrick
25 Posted 07/06/2024 at 15:51:49
This dick on Sky Sports keeps calling Moshiri, Fa-Hard!!!

'They are wealthy and very serious' | Latest on Bell and Downing Everton bid

Mark Taylor
26 Posted 07/06/2024 at 15:52:47
I keep asking this question with no answers.

Why would the new stadium, given the cost to service the debt on it, change our status as a heavily loss-making club?

As far as I can determine, as it stands, it will actually widen our losses.

Jeff Armstrong
27 Posted 07/06/2024 at 15:55:43
KK# 18, well spotted, I wish it was just £25.

I meant £25 million, which is what we seemed to have been borrowing for the past few months just to keep the lights on.

Jay Harris
28 Posted 07/06/2024 at 16:02:10
I am hearing it is George Downing and Andy Bell being backed by Michael Dell (Worth $100B) of Dell computer fame.

Toffee Ventures here they come.

Jack Convery
29 Posted 07/06/2024 at 16:04:09
I hope the companies name is Toffee Ventures and not Toffee Dentures as that's a combination not to be ventured into.

Saw a remark in the Echo comments earlier today, suggesting the Away end at BMD could be called the Bell End, if Andy Bell buys us. Imagine here is your ticket for our match at BMD. You are in the Bell End!

Paul Hewitt
30 Posted 07/06/2024 at 16:18:09
No wonder Everton are backing City in their court case against the Premier League.

If this Dell guy takes over, we can spend anything we want.

Mark Ryan
31 Posted 07/06/2024 at 16:21:57
This is all starting to sound too good to be true. I'll say some prayers.

If he sells to Bell and Downing, I'll forgive Farhad everything he's done and thank him for the Stadium.

Brian Williams
32 Posted 07/06/2024 at 16:36:39
The Sky Sports journalist reported on 7 June that the bid is backed by a £94.2billion fortune of the MS Dell family office.

Now you're fuckin' talkin'.

Mark Ryan
33 Posted 07/06/2024 at 16:47:57
Don't Brian, I'm getting too emotional, stop ramping it up.
Brian Williams
34 Posted 07/06/2024 at 16:51:14
Believe Mark, believe. Something good has to happen to us sooner or later, this is it mate!!!
John Jennings
35 Posted 07/06/2024 at 16:52:57
Anyone is better than 777. Hopefully it will be the guys who have a vested interest in the club.

If Andy Bell is successful in pulling together the Toffee Ventures group with loadasamoney Dell, then we should name an end at the new stadium after him…

I'll get my coat!

Peter Hodgson
36 Posted 07/06/2024 at 17:06:18
An A J Bell end would be most apt, don't you think.

Seriously a Bell-Downing-Dell consortium would be what we need with the debt re-structured from a position of strength, I would have thought.

I hope that it's all true and comes to pass sooner rather than later.

Gavin Johnson
37 Posted 07/06/2024 at 17:08:37
Wow...I'm trying not to get too excited, but a takeover by two lifelong Evertonians who are both business-minded and who are backed by the Dell £96.7B fortune sounds like a perfect takeover to me....

Let's all hope this is true.

Joe McMahon
38 Posted 07/06/2024 at 17:15:05
Gavin, please don't, it's not an essential.

Many years of the world's greatest Evertonian showed us this. And or course he brought in Moshiri.

Barry Rathbone
39 Posted 07/06/2024 at 17:18:08
Affluent Everton fans backed by mega money investors would be a dream.
Gavin Johnson
40 Posted 07/06/2024 at 17:22:50
Joe, I really think Bell and Downing would be more Steve Parish type custodians than the greatest ever Evertonian.

You'd think if Dell are backing them, they would leave the running of the club to the new board of Bell, Downing and Co, and not interfere like Moshiri did.

A near £97B fortune...?! That's astonishing wealth... Maybe this would explain Moshiri's strange decision to back Man City's associated sponsorships court case this week... Maybe we would have the BMD Dell stadium if this was to happen?!

Mike Gaynes
41 Posted 07/06/2024 at 17:24:30
Michael Dell's money is a familiar resource in English football and across the sports world. He has multiple investment companies under the MSD flag, including real estate and buyout funds.

According to a 2021 article in the Financial Times, the investment company MSD Partners (not to be confused with MSP SPorts Capital) lent almost £80M to Southampton the last time they were in the Premier League in 2021, and it provided funding for the December 2021 buyout of Burnley to the tune of £200M.

They also made a bridge loan to Derby County during the pandemic. According to FT, MSD was willing to make loans to smaller Premier League clubs who didn't benefit from the Bank of England pandemic loans that helped out Arsenal and Spurs.

FT describes MSD thusly:

Founded in 2009, MSD, together with Dell's family office, manages about $19B, with investments spanning public equities, real estate, private equity and credit. As well as investing some of Dell's wealth, it also manages substantial amounts for other investors.

MSD's willingness to extend loans for longer periods has increased their appeal. Historically, loans to clubs have often been relatively short-term or subject to annual renewal, especially for those outside the upper echelons of the Premier League. The firm has lent about £170M in total to English clubs, according to a person familiar with the matter.

MSD has also provided funding to a baseball team purchase (the Miami Marlins) and a couple of NHL hockey and MLS clubs. From what I have read, they don't appear to own anything -- they're a funder, a loan company. But their resources are essentially unlimited, because Michael Dell is the 10th-richest person in the world.


Gavin Johnson
42 Posted 07/06/2024 at 17:33:52
Mike, let's hope Michael Dell wants in on the deal rather than just being a lender...

We don't want another Kenwright being lent money by a friend of the club in the shape of Philip Green scenario again.

Stu Darlington
43 Posted 07/06/2024 at 17:34:58
We wouldn’t have to play our home games at the A J Bell Stadium in Salford would we?
The pies are crap.
Jeff Armstrong
44 Posted 07/06/2024 at 17:38:50
Stu #43, interesting point there, strangely, we're playing Salford in our first pre season friendly. 🤔
Peter Hodgson
45 Posted 07/06/2024 at 17:40:44
That will do for me Mike. Leave the running of the Club to existing football lovers who are also experienced and successful businessmen in their own right.

What we have needed for years. All that needs to be done now is to persuade Moshiri to accept their deal.

I might even replace my Dell laptop when it's due.

Jerome Shields
46 Posted 07/06/2024 at 17:42:08
Blythe Capital, Downing and MSP were always serious professional operators. But with MSD backing, it takes it all to a different level.
Kevin Molloy
47 Posted 07/06/2024 at 17:42:23
I'm hearing this Dell bid is a goer.

It's a consortium bid with Trotters Independent Traders.

Anyone heard of them?

Mike Gaynes
48 Posted 07/06/2024 at 17:51:25
Gavin #42,

I should have pointed out that there is absolutely no reason to believe that Michael Dell himself would "want in" on this deal or any sports deal. His world is philanthropy, not football.

I think we would be wise to assume that his personal involvement would be limited to signing off on the financial investment. Nothing more.

If it does turn out that he was a secret Sheedy fan back in the day, so much the better.

Danny O’Neill
49 Posted 07/06/2024 at 17:54:11
Depending on where you read the Bell-Downing-Microsoft Technologies bid is backed between £95 - £120 million plus whatever Bell and Downing put in themselves.

Apparently the bid has been lodged, and Moshiri is considering. Well, don't consider for too long, unless there is something better on the table that we don't know about.

I do like the sound of this one. I hope it's got legs.

Without getting carried away, there are all sorts of sponsorship opportunities if Microsoft come in. Stadium naming rights for starters.

Fingers crossed that something is finally happening and the decades of steady decline followed by a period of brief when we thought we'd won the lottery, but blew the money to near disaster will soon be over.

Dennis Stevens
50 Posted 07/06/2024 at 17:58:21
Maybe the work of EitC has struck a chord with Mr Dell, Mike.

I'm happy to clutch at any straw at the moment!

Alastair Donaldson
51 Posted 07/06/2024 at 17:59:57
Must be such a chore being a multi-billionaire,... wonder if it just makes them feel better to offload?

Whichever way this is going, if we end up with some genuine Toffees seriously involved, that improves the picture and should lead to a more open and transparent business with a strategy to boot.

Just such a shame this wasn't happening 7 or 8 years ago.

I can't see how the Premier League continues long-term without signifciant changes, so any serious long-term investor will no doubt have this in mind as well.

Interesting times... NSNO.

Neil Copeland
52 Posted 07/06/2024 at 18:01:58
Danny, hopefully it's billion rather than million!

Be fantastic if true and get us back under proper control and then who knows?

Gavin Johnson
53 Posted 07/06/2024 at 18:02:04
Mike, well if philanthropy is his game, you never know with all the pain and distress Evertonians have had to endure...

He might think we're a good cause, lol.

Richard Duff
54 Posted 07/06/2024 at 18:06:54
Over the last few weeks, I've spoken to a few businesses in my field and all of them are interested in investing and building in Liverpool. They see it as an up-and-coming, untapped, high-potential market with International kudos.

I reflected on this at 2:30 this afternoon as I flew over the city at 27,000 feet. The clouds parted just after Blackpool and the sun caught the rooftops of the three Everton stadiums, in a neat triangle, one far bigger and brighter than the others, and I thought, how could you not be wanting to invest in this?

Yes, it's expensive; yes, it's a risk… but blimey, for those with the money, this is worth the gamble!!

Anthony Dove
55 Posted 07/06/2024 at 18:10:13
Dell as well,
Bloody hell…
that looks swell.
Danny O’Neill
56 Posted 07/06/2024 at 18:11:51
Neil, hopefully I've missed a few zeroes!!

David West
57 Posted 07/06/2024 at 18:15:28
I'm guessing it's not Dell's own personal wealth that will be used, but loans from business associated or funded by him.

These companies have lent money to other sports entities before, so will he be personally involved? I'm not convinced, but it wouldn't be a bad thing.

I'm getting the quote the wrong way round but…

"This time next week, Dell boy, we could be billionaires!!!"

Bobby Mallon
58 Posted 07/06/2024 at 18:19:42
Jesus, I hope this is on the cards.
Kunal Desai
59 Posted 07/06/2024 at 18:21:36
It makes the most sense for Andy Bell and George Downing to take over. Forget which other backers they bring.

They are Blues, they will know what it takes to get this club moving forward, they will no doubt engage with fans and have an open dialogue with the fanbase.

I expect the club to be prudently run, with incremental progress season on season, and making vast strides to improve the commercial side of the business, generating additional revenue which we've under-marketed ourselves for over 30+ years. I'm all for them.

Peter Hodgson
60 Posted 07/06/2024 at 18:28:33
Danny @49

For Microsoft replace with Dell and you will be right.

I hate Bill Gates and Microsoft getting good publicity.

Andrew Clare
61 Posted 07/06/2024 at 18:34:16
Anyone with knowledge of football knows that Everton are a 'sleeping giant'. I just hope we get owners with a clear vision for our future and a 'hands on approach' to take us forward.

Let's hope this all happens quickly so that we are in a good position when the new season starts.

Paul Hewitt
62 Posted 07/06/2024 at 18:36:29
Wouldn't surprise me if Moshiri picks one of the other bidders.
Marcus Leigh
63 Posted 07/06/2024 at 18:36:59
Andy Bell and George Downing, two extremely savvy and highly successful businessmen, both with Blue blood coursing through their veins, backed up by Michael Dell's billions –sounds like an absolute dream combo to me.

Let's just hope that Moshiri makes the right decision for once in his life.

Colin Glassar
64 Posted 07/06/2024 at 18:44:35
Jeff #5, knowing Moshiri he'll pick the wrong one. The right one for him is not necessarily the right one for Everton FC.

His now deceased guru taught him well.

Soren Moyer
65 Posted 07/06/2024 at 18:45:06
Hot Damn! We are going to be filthy rich, I tell ya!

MSD = Michael S Dell

Kopites are gonna have heart attack, lol.

Just read he is West Brom's biggest creditor.

Danny O’Neill
66 Posted 07/06/2024 at 18:50:14
Thanks for correcting me, Peter. I just had Microsoft in my head!

Dell is still a huge name and backer.

Pat Kelly
67 Posted 07/06/2024 at 18:52:49
Everton that, we'll end up with only the tenth richest person in the world.

After owning Everton for a couple of years he'll be back selling laptops from his garage.

Denis Richardson
68 Posted 07/06/2024 at 18:54:54
Hopefully some competitive tension will get a price high enough for Usmanov and Moshiri to accept and move on.

All I ask is for someone semi-professional to restructure the debt and get the finances stabilised so any manager can have a clear shot of sorting out a half-decent squad.

We're a sleeping giant – just been in a coma for too long but at least still alive.

Said all along, as long as we stay on the Premier League we'll be fine.

Assuming PSR pressures are in force so something needs to give before 30 June.

Jeff Armstrong
69 Posted 07/06/2024 at 19:01:12
Premier League money due soon, so breathing space until this gets done, keep Branthwaite, Onana, Pickford and Calvert-Lewin, decent spine to start off the new era. UTFT
Brian Williams
70 Posted 07/06/2024 at 19:13:16
Who needs Paul Quinn when you have Tony Abrahams?

He was right all along.

Rob Halligan
71 Posted 07/06/2024 at 19:33:21
Step aside Man City, Liverpool, Man Utd, Arsenal, Chelsea and Spurs (big club, My arse!), cos the blue boys are about to rise!!
Tony Abrahams
72 Posted 07/06/2024 at 19:33:50
Not quite true, Brian. The Americans that I have been going on about for so long now are still speaking to Moshiri, but I think they are on a loser even if he chooses them now because everyone seems to have got their hearts set on this group now.

I've heard that R&MF could still put a spanner in the works, but with two seemingly very wealthy groups both wanting Everton, then Moshiri might be in Lewis's getting himself a new wig because his haircut might not be as severe as he maybe thought it was going to be!

Things are looking up but they say that, when something sounds too good to be true, then it usually is, so I'm not getting too excited just yet.

Paul Ferry
73 Posted 07/06/2024 at 19:35:09
Brian W (32): Dell is currently posted as being worth £124 billion.

Brian Williams
74 Posted 07/06/2024 at 19:40:02
Hey Paul. Who's gonna argue over a few billion here, a few billion there. 🤣🤣🤣
Matthew Johnson
75 Posted 07/06/2024 at 19:44:48
If the Michael Dell deal works out, I will faithfully promise not to buy any more Lenovo PCs and laptops at work.
Mark Taylor
76 Posted 07/06/2024 at 19:52:12
Brian @34

I suppose, given the excitement on here, you are right, I should be giddy with excitement.

I'lll try but I'm a bit of a cynic. The biggest problem with a bloke worth £100B circling you, is the investors with their unsustainable debt will get greedier and want more than the club that actually sustain and I very much doubt the Dell family office are a charity willing to underwrite that.

What they may perhaps bring to the party, if so inclined, is a longer term vision, and affordable debt re-structuring, rather than the vulture fund types who will bleed us to death. I don't know their investment philosophy. Are they long-term equity builders? That's what we need right now. Not the loan sharks.

Anthony A Hughes
77 Posted 07/06/2024 at 19:54:15
The Bell Stadium has a ring to it…
Christine Foster
78 Posted 07/06/2024 at 20:03:28
After all we have had to endure for the past God knows how many years, it's hard to believe that a consortium of Evertonian owners with financial backing from Dell could be the long awaited final piece in the jigsaw of Everton. Not just in it for the money or short-term profit.

So many assumptions being made but at least they are positive ones. Whatever the deal is, I hope it stays that way and we can look forward with expectations rather than recriminations.

The Toffee Lady here in New Zealand is saying her prayers!

Mark Ryan
79 Posted 07/06/2024 at 20:06:10
The new stadium bars could be called Downing 1…

Okay, I'll get me coat

Anthony A Hughes
80 Posted 07/06/2024 at 20:11:07
The home end could be the Bell End… maybe not!
Ray Roche
81 Posted 07/06/2024 at 20:17:50
Anthony, the Bell End was actually considered for one stand at Maine Road, Man City's old ground, after Colin Bell!
Jamie Crowley
82 Posted 07/06/2024 at 20:25:28
Paul Ferry,

That's amazing. That is simply ridiculous wealth.

Good for Everton if he enters the picture, but Good Lord, I hope the man is grounded somehow! We don't need an Ivory Tower owner, nor do we need another splash the cash fella at the helm.

I can't even fathom a tenth of that wealth. Jeez man.

Ian Bennett
83 Posted 07/06/2024 at 20:30:15
It will be Michael Dell's wealth being allocated to this Private Market investment. His own family office.

£120 billion of wealth, co-investing alongside Bell and Downing.

It isn't dissimilar to Kenwright getting his mates in. The difference is I'd trust Bell & Downing to run a good ship.

Alan McGuffog
84 Posted 07/06/2024 at 20:36:19
Sorry to piss on a parade but this is Everton…

What could possibly go wrong???

Peter Moore
85 Posted 07/06/2024 at 20:41:59
May the investors be serious, capable and have the financial resources, knowledge, skills, contacts and overall wherewithal to get the Good Ship Everton righted ASAP.

May she find safe port at Bramley-Moore Dock. May she enjoy halcyon glory days aplenty in a magical Royal Blue Rebirth on the banks of the Royal Blue Mersey. UTFT 💙

Colin Glassar
86 Posted 07/06/2024 at 20:43:55
Alan, I think many of us are thinking the same.

Too many false dawns. But we live in hope.

Mike Hayes
87 Posted 07/06/2024 at 20:47:21
Fingers crossed this goes through and wipes the last 30+years of misery away.

Kenwright and Moshiri will just be a bad nightmare quickly erased.

Pat Kelly
88 Posted 07/06/2024 at 20:47:46
Better call Saul.

Michael Saul Dell, that is.

Sean Kelly
89 Posted 07/06/2024 at 20:52:16
At least we will have an online presence.
Jamie Crowley
90 Posted 07/06/2024 at 20:52:18
Alan and Colin you guys crack me up.

You're like Red Sox fans prior to 2004. The worst is sure to happen.

I was there, don't blame you a single bit. But keep hope alive.

Iain Johnston
91 Posted 07/06/2024 at 20:53:19
Could we end playing at The Dell?
Alan McGuffog
92 Posted 07/06/2024 at 21:00:32
Fair play, Jamie... I guess it's decades of us getting the shitty end of the stick that makes me a miserable git.

But these guys just may be our knights in shining armour. Maybe just once the sun will shine on EFC.

Colin Glassar
93 Posted 07/06/2024 at 21:02:45
Jamie, after a lifetime of supporting Everton the Fraser (from Dad's Army) Syndrome takes over…
Mike Gaynes
94 Posted 07/06/2024 at 21:26:48
This is hilarious. Some imaginative Blue just cracked into Dell's Wikipedia bio and made a small change:

Michael Saul "Dixie" Dell (born February 23, 1965) is an American billionaire businessman and investor.

Pat #67, that was Hewlett and Packard. As every child knows, Dell was a Farmer.

By the way, Dell just lost $11.7 billion in one day. His company shares dropped 20% last Friday on an uncertain earnings outlook.

Today the stock was down 4% on the Everton connection.

(Just kidding.)

Get that money quick!!

Billy Shears
95 Posted 07/06/2024 at 21:35:49
Let's just hope that our new ownership is resolved as quickly as possible, we need to start planning for the new season to get a few new faces in – both foreign and domestic players.

It would be nice if our new owners were Blues too... so good luck to them in the bidding process.

Ian Burns
98 Posted 07/06/2024 at 21:54:16
If we are naming one end of the new stadium, can I suggest The Bill Kenwright Bell End?
Mark Ryan
99 Posted 07/06/2024 at 22:05:54
No Ian, no K word anywhere.
Jay Harris
100 Posted 07/06/2024 at 22:06:41

The sooner that Kenwright name is buried in history, the better.

Jerome Shields
101 Posted 07/06/2024 at 22:15:19
If Everton are taken over by a professional consortium, it will take quite a while to sort out Everton within the parameters set by the Premier League.

But at least if they are professional and know what they are doing, it will be better than the numpties that we have had running the club for over 30 years. Who quite frankly have taken us over a cliff.

I think that all Evertonians could live with that.

Paul Birmingham
102 Posted 07/06/2024 at 22:25:49
Let's hope and pray, for deliverance, a clean and total agreement for take over and ownership of Everton.

This can be a very good sign from, a very good day.

Tom Bowers
103 Posted 07/06/2024 at 23:04:58
Fingers crossed!!!
Derek Thomas
104 Posted 07/06/2024 at 23:31:51
Memo to self:

Get excited when Andy and George are at Finch Farm with scarves on, holding the keys.

Mike Gaynes
105 Posted 07/06/2024 at 23:58:28
Just read Lyndon's update about Paul Joyce's report in The Times.

This is, if I understand correctly, potentially an important difference from what Sky Sports and Slater have reported. They had MSD as the investing organization. MSD, in its various entities, is described by the Financial Times as partnered with Dell's family office in investment ventures (almost entirely loans) including football clubs.

However, if Joyce is correct that it's Dell's family office (DFO) rather than MSD that is the potential backer for Bell and Downing, that puts the lie to my post #48 to Gavin that there's no reason to believe Dell himself would be personally involved. Joyce says he is. That changes the picture.

Jamie #97, we could tell. It helped hold off the negative vibes from the Giants fans.

Si Cooper
106 Posted 07/06/2024 at 00:48:34
Mark Taylor (26), can't see an answer to your question.
This is my layman's thinking.

Once finished and approved, the stadium will automatically gain some worth beyond the cost of the bricks, mortar, etc much like a fully renovated property tends to be worth more than your outlay (if you know what you are doing).

When tickets (for a variety of events) for the new stadium are sold, the stadium will start to make money for the club, and presumably things like naming rights and renting it out for internationals and showpiece matches will also count as ‘credit' for it too.

How much the stadium should make against how much the repayments will be should have been carefully calculated so hopefully the books will start to balance at some stage. I think it is as simple as that.

Mark Taylor
107 Posted 08/06/2024 at 01:30:50

I fear it wasn't 'carefully calculated'. Actually I don't think it was calculated at all.

There aren't that many non-football events in the North-West that would require a stadium of this size and, when there is, there is established competition.

We didn't know what we were doing and no-one of sound mind would renovate a house on the basis that we have built the new stadium at Bramley-Moore Dock.

That is my assessment. The killer was not doing what Spurs did and financing it when money was cheap, at 2% or so. Even with Covid, inflation etc, that might have made it viable.

Eric Myles
108 Posted 08/06/2024 at 02:53:52
Robert #11, Go Team Rocket!!
Ernie Baywood
109 Posted 08/06/2024 at 06:13:02
This all sounds positive.

Instinctively I assume it will ultimately disappoint. This club has turned me into a right negative so-and-so.

Laurie Hartley
110 Posted 08/06/2024 at 06:54:03
Rob # 71 – if this happens we will just shove them out of the way.

We will be great again!

Bob Parrington
111 Posted 08/06/2024 at 07:01:13
Apart from what Michael K mentioned about the pronunciation of Moshiri's first name, this chat has to be interesting for all Twebbers. Link below.


If this goes ahead, I reckon lots of us will be more than pleased, after all of the crap we have had to endure in recent years.

Colin Glassar
112 Posted 08/06/2024 at 07:43:18
I woke up today scanning the back pages of a few papers expecting some additional info — only to read about England's woeful performance last night.

I can only hope that, if things go quiet, it is because all parties involved are entering serious negotiations. But….

Steve Shave
113 Posted 08/06/2024 at 07:55:11
This is positive news, the MSP guys are seemingly the owners most of us wish for, backed by some serious cheddar too by the sounds of it.

I, like most of you, am expecting it to fall on its face but, for now, I will grab the optimism — I am a foolish Evertonian after all.

I can see that we could be a very attractive proposition for someone; we are still likely to need to be very frugal for a few seasons.

Danny O’Neill
114 Posted 08/06/2024 at 08:01:09
Cautiously optimistic, Bob. Let's see what works out. Ultimately, Moshiri will make the decision. That will worry many.
Kevin Edward
115 Posted 08/06/2024 at 08:22:35
Well, it's hard not to get a bit excited about the thought that ‘one day' we might get some owners and management with the skills to make us great again.

Baby steps required on this one, avoid administration and PSR first, then rise up into the European qualifications places, then a full-scale assault on the Premier League title.

It's a dream and surely our luck has to change eventually.
Let's hope Moshiri gets it right this time. (Putting my hands over my face to hide the tears...) If he does, then he might just leave us something good as his legacy.

Derek Knox
116 Posted 08/06/2024 at 08:31:30
Brian W @4, "Toffee Ventures"!!

Makes a very pleasant change to 'Toffee Vultures' — we have had enough of them already, why we are in the situation we are in now!

Fingers crossed there is substance behind this. As someone said, until the pictures show Moshiri's arse getting booted down the road, and the new guys with the keys to Finch Farm and the new Everton Stadium, I will know it was the end of the nightmare and a new chapter has really begun.

Hugh Jenkins
117 Posted 08/06/2024 at 09:00:40
Interesting too that "Toffee Ventures Ltd" was incorporated on 14 May, ie, several weeks ago, and before the 777 Partners deadline expired.

Not sure if it is significant, at this stage, but there is only one director and shareholder, Andy Bell, who has subscribed for 1 share, worth £0.01.

A penny for your thoughts on this?

Brian Williams
118 Posted 08/06/2024 at 09:01:09
Derek. Amen to that brother!
Michael Kenrick
119 Posted 08/06/2024 at 09:11:19
Bob @111,

The link you posted does not seem right. It goes to the Companies House listing for Toffee Ventures Ltd, as already provided by Stephen @6.

Were you perhaps trying to link again to the same Sky video I have @25? Or something else?

Mark Lewis
120 Posted 08/06/2024 at 09:25:40
Told myself and others I was just going let things run their course…

I wake up this morning to Toffee Ventures, a consortium with serious money!

Now, instead of reading my book, I'm scanning the Internet for new news…

James Marshall
121 Posted 08/06/2024 at 09:31:00
Have I been in a coma? The Tories are getting fucked and now Everton could be funded by Michael Dell?

I've been really miserable lately but this has perked me up a bit.

Derek Knox
122 Posted 08/06/2024 at 09:37:13
Maybe, the Dell Group see advertising and Stadium naming opportunities here!

I can't say (though haven't really looked) that they have that already somewhere else, but a good possibility, and the scope is endless for them. With the big cruise liners all coming in too!

Ray Roche
123 Posted 08/06/2024 at 09:45:38

So, Andy Bell was born in 1966 and formed Toffee Ventures on 14 May…

14 May 1966: Everton 3-2 Sheffield Wednesday. It's an Omen... (Falls to knees and gazes at the sky!)

Clutching at straws here...

Clive Rogers
124 Posted 08/06/2024 at 09:48:42
It's not so much the money behind them, you can't just spend it randomly because of PSR.

But these are serious businessmen and two proper Blues who have the club's best interests at heart, unlike our previous fraud.

Derek Knox
125 Posted 08/06/2024 at 10:10:43
Ray @ 23,

I thought you were clutching a Sandal? (Also known as a 'Desert Welly' – a sign, truly a sign!

You very naughty boy!

Ian Jones
126 Posted 08/06/2024 at 10:15:20
Rob @ 71, I assume your post was ironic… :)

'Step aside Man City, Liverpool, Man Utd, Arsenal, Chelsea and Spurs (big club, My arse!), cos the blue boys are about to rise!!'

It worked so well last time when Moshiri came in.

Ray Roche
127 Posted 08/06/2024 at 10:15:34
You're right Del, I'm falling apart. It's the pressure of being a Bluenose
Brian Harrison
128 Posted 08/06/2024 at 10:17:43
Should this go ahead I can see the headlines now.


Derek Knox
129 Posted 08/06/2024 at 10:24:17

Paris, New York and Walton L4 4EL?

Rob Halligan
130 Posted 08/06/2024 at 10:24:35
Brian, lovely jubbly!!
Robert Williams
131 Posted 08/06/2024 at 10:32:10
MK 25

"'This dick on Sky Sports keeps calling Moshiri, Fa-Hard!!!

That seems very complimentary – at least he isn't calling him a twat or similar!!

Paul Hewitt
132 Posted 08/06/2024 at 10:33:52
Some American analysis seems to think that this Dell guy won't be investing in Everton.
John Wilson
133 Posted 08/06/2024 at 10:41:24
High @ 117.

The 1p is a nominal amount to make it legal. So it's set up to use as a vehicle to purchase from Farhad.

Incorporated companies are used to avoid being sued as an individual, ie, the company is liable rather than the individual.

Lester Yip
134 Posted 08/06/2024 at 10:57:39
I know nothing about this. But at least it's a name that I've heard of. And also not some name like 777 Partners — which sounds like a gambling brand to start off with.
Kunal Desai
135 Posted 08/06/2024 at 10:59:29
Roma owner Dan Friedkin now linked with possible takeover.
Steve Hogan
136 Posted 08/06/2024 at 11:02:39
I think everyone needs to calm down a bit. It's been a long hard rocky road for some time now, and all of a sudden people are giddy with excitement.

This is an extremely complicated deal, and Moshiri has proved before, he won't necessarily make the right deal for the club.

Ideally, we'd all love to see the 'dream ticket' of Bell and Downing, and it might still happen, but let's keep our feet on the ground and try to ignore the dickheads on Sky Sports, who don't really have a clue what's going to happen.

Sorry if this post goes against the grain of posts on here, but we're not out of the woods yet.

I agree, it's positive news, particularly after the gloom and doom of the last 6 months, but let's not have any talk of 'we'll be able to spend what we want'. We've been down that road before.

Clive Rogers
137 Posted 08/06/2024 at 11:03:41
It sounds as though the Dell guy will be providing financial backing rather than buying shares in the club, as he has done before.
Bill Fairfield
138 Posted 08/06/2024 at 11:21:21
This bid looks more like it. Reports say it’s at an advanced stage. So let’s hope it’s sorted asap.
Kev Wood
139 Posted 08/06/2024 at 11:45:56
We would do well to remember that, whatever entity buys the club, it is unlikely to be just as a benefactor.

In order to compete at the highest level, we as fans will be required to pay more of our hard-earned cash in support of a team pursuing excellence and trophies.

The prices of everything associated with our club will rise, especially in the short-term, and I can imagine there will be a great deal of fuming and gushing of keyboards on here arising from it. I don't like price rises and commercialisation but they are inevitable.

If we want success, it will arrive quicker if our matchday quids go into the club coffers. After a final season at Goodison, during which I'll continue to dine at Lucky's Blue Dragon on Goodison Road, have a pre-match pint in Crofts, and still have change from a tenner, I will probably start putting my money where my mouth is when we move into the new stadium at Bramley-Moore Dock.

David West
140 Posted 08/06/2024 at 12:49:36
I think even this Bell, Dell and any other interested investors or buyers shouldn't be blindly trusted.

I know we are desperate and beggars can't be choosers; however, look where we are now because we were all seduced by Farhad's billions.

Yes, Bell and Downing as Evertoians bring something 777 Partners, A-Cap or others don't but, since Kenwright & Moshiri, I'm sceptical of everyone.

Yes, we are a club with loads of unlocked potential, massive fanbase, new stadium, and untapped commercial revenues… but investors or owners need to be realistic about how long-term the project will be.

Any of these super-rich interested parties must see an opportunity to make money or they would use their money elsewhere, but it's going to be a long road to Everton being profitable.

Maybe (hopefully) Bell and Downing see it as a legacy project, a chance to bring about change to a historic institution that they care about, rather than some investment management company who want to see a return on investment.

Looking forward to hear them speak about the club.

Andrew Heffernan
141 Posted 08/06/2024 at 13:06:28
Dell Family Office will just be financing the deal and will provide a line of credit based on their relationship with the borrowers – they're highly unlikely to be buying the club themselves and being some form of City sugar daddy buyers.

This is a standard family office investment loan that happens all the time in Ultra-High Net Worth world. Key for me is that it appears they're funding Bell and Downing who have an interest in the club and hopefully will bring stability, and some planning for the future through attracting additional investment as the finances improve.

I hope they are given support for all supporters after years of mismanagement by Kenwright as far back as the Kings Dock, Kirkby fiascos and the accompanying miss-truths. COYB

Ralph Basnett
142 Posted 08/06/2024 at 13:35:16
Haven’t been this excited since Moshiri bought us.
Steve Pickering
143 Posted 08/06/2024 at 13:44:14
C'mon, get this done before Man Utd get hold of Jarrad Branthwaite!
Mark Ryan
144 Posted 08/06/2024 at 13:44:29
I just want to hear it's happening, that Moshiri is gone and 777 Partners are not even a memory.

Kenwright and the old board going was so festering and awful that, when they went, I couldn't enjoy their leaving because it was so long overdue. But seeing Moshiri leaving will be joyous, particularly if he agrees to sell to Bell & Downing.

We all deserve this, we truly do. I'm not sure any club has experienced such woeful ownership as we have over such a sustained period.

I had great times as a lad back in the '60s and '70s and I want the same for the youth of today. I hope they get to see a new Holy Trinity and success. Fingers crossed for them and all of us, UTFTs

Bob Parrington
145 Posted 08/06/2024 at 13:46:21
Michael and etc

Sorry for the stuff up. This is the link. Senior moment.


Dale Self
146 Posted 08/06/2024 at 14:04:43
I haven't done the research, nor will I the way things are going right now, but the structure of the Bell Downing Dell interest is worth positive consideration. Dell is looking for new investment in an area that has produced other advances. Bell and Downing have connections to club culture and truly care about advancing us.

It is natural for businessmen who possess proper acumen for the trouble we are in to test the waters and pursue steady interest. So no, we won't get immediate relief whatever the buyout situation and PSR would limit our remedies anyway. All we are looking for is a change in momentum that at least quells the shite talk around our club that surely discourages general interest.

Textor talk and now BDT developments at a minimum have changed the narrative around the club. Given the murky nature of finances and plans, this is entirely upside stuff. A serious financial backer supporting Toffees with known cultural awareness of the club, both good and bad, is a constructive foundation for a turnaround to take place.

Sorry if stating the obvious is a bore but we have really overdone the doom-and-gloom thing.

Brian Williams
147 Posted 08/06/2024 at 14:34:47
Effing Goodison News!!!

What a shite site that is.

Bryan King constantly putting the boot in against the club or the latest one was telling the world Branthwaite should go to Man Utd for £40M.

Ed Prytherch
148 Posted 08/06/2024 at 14:35:09
Another good omen is my Dell notebook computer is Royal Blue.
Raymond Fox
149 Posted 08/06/2024 at 14:39:00
Along with most of the later posts in the thread, I'm not counting any chickens just yet. It definitely does sound much more up-beat than the 777 debacle though, I hope it progresses to a finish we want.

If we do get great new owners, they still face all the difficulties that faced Moshiri, the so-called glass ceiling.

Rules that favour the usual top-of-the-league teams as they sit there already in Europe with squads worth considerably more than the rest.

Then add the difficulties of getting top players to sign for a team that's not in European competitions.

Nigel Munford
150 Posted 08/06/2024 at 14:48:43

It's called rebuilding, we all know it has to happen, we aren't suddenly going to be a mega-rich Top 4 or 6 club for a long time.

The starting point has to be financial security and no shysters for owners. We're going to need a lot of patience.

Peter Hodgson
151 Posted 08/06/2024 at 14:49:39
Bob @ 145, I thought seeing your post and link, that Goodison News had eventually reported something of interest. I was wrong again.

Brian @147, you are right of course but don't make a habit of going there as it is a complete waste of time.

John Raftery
152 Posted 08/06/2024 at 15:04:54
As Danny says, cautious optimism is for the best at present. There's many a slip between cup and lip.

Keep the blue-and-white bunting handy but it's too early to hang it out, just yet.

Mike Gaynes
153 Posted 08/06/2024 at 15:10:50
Brian #128, brilliant, made me grin right out of bed.

Ralph #142, great topper. Another grin.

Brian and Derek, we will celebrate together when this crisis is over. I can't wait.

John Keating
154 Posted 08/06/2024 at 15:12:36
Like everyone I know, Moshiri fucked up big style. However, the biggest culprit in our demise was The world's Greatest Evertonian.

Once everything has settled down and the club has stabilised – could be years – we will look back and realise, at the very least, daft arse Moshiri realised we had to move.

In years to come, we will look back at this horrendous period and forget all this shit and, in a crazy strange way, thank Moshiri.

Brian Williams
155 Posted 08/06/2024 at 15:30:52
Another example of Goodison News' journalistic prowess.
They say that our two prospective heroes have made an official 7 figure offer for the club.

Now correct me if I'm wrong doesn't that limit the offer to under £10M?

Fucking idiotic people they allow to post stories on their website.

Rob Halligan
156 Posted 08/06/2024 at 15:44:43
£9,999,999, Brian. Won’t get very far on that! ☹️☹️
Mike Gaynes
157 Posted 08/06/2024 at 15:51:16
Multiple reports that there are now as many as SIX groups competing for Everton.

Sky Sports reports Roma owner Dan Friedkin is one of them. His US company, which he inherited from his dad, sells cars and owns luxury resorts and makes major movies, including The Mule, Killers of the Flower Moon, Parasite (creative jokes only please) and Dunkirk, in which he actually piloted a Spitfire through a stunt.

Forbes estimates his pile at over US$6 billion and he has done pretty well since buying Roma for $700 million change in 2020 and hiring The Special One, who won the Europa Conference. Angelo Mangiante reports he has already submitted an offer to Moshiri to buy Everton outright.

Last year Friedkin also bought 4th tier club AS Cannes, and he seems to be an adherent of the multi-club business model.

Phil (Kelsall) Roberts
158 Posted 08/06/2024 at 15:52:55
I reckon Moshiri should stay and form a partnership with Bell and Downing. Then we could be owned by BMD Holdings.

And to Bill Gall— much as that would excite, it won't happen. Kraft bought the Patriots as a team which was totally dysfunctional in 1994. It is now the most successful and probably best-run franchise in the NFL. It is also, as far as Scousers are concerned, our local team.

But as the Premier League does not have any spending controls and therefore power to the richest rather than best run, Uncle Bob (as us Pats Fans call him) is not interested.

Neil Copeland
159 Posted 08/06/2024 at 15:59:20
What difference does 4 or 5 noughts make anyway?
Frank Crewe
160 Posted 08/06/2024 at 16:03:18
I'm beginning to lose track of the various billionaires and consortiums suddenly appearing.

I still wonder what's in it for them. Because as far as I can tell Premier League clubs are nothing but money pits. Always in need of ever more money.

Phil (Kelsall) Roberts
161 Posted 08/06/2024 at 16:05:21
Neil, depends whether they are at the front or the back.

I would much rather have £1,000,000,000 than £0,000,000,001

Phil Sammon
162 Posted 08/06/2024 at 16:08:37
I’m beginning to wonder whether I’m actually a billionaire interested in investing in Everton.
Mike Gaynes
163 Posted 08/06/2024 at 16:09:27
Phil #158, haha, yeah, just gotta keep the old guy out of the Asian massage parlors, where they also called him Uncle Bob!
Mike Gaynes
164 Posted 08/06/2024 at 16:17:42
Frank #160, they are also potential gold mines. The values just keep going up over time, as long as you don't screw up the club and have to sell under duress.

The Glazers, for example, may have ravaged Man Utd but they have also pocketed an amazing pile of dividends and tucked away a huge profit in their recent sale.

But more to the point, they are ego toys for people with way, way more money than they can ever hope to spend. A sports team is a great big glittering hobby horse that the super rich can ride to prominence.

And for a few, it's sportswashing. The Gulf states, like the Russians before them, are trying to clean their reputations with success on the pitch. It's worked pretty well for Abu Dhabi.

Jamie Crowley
165 Posted 08/06/2024 at 16:29:44
Exactly what Mike says @164.

If you're looking to diversify your portfolio and ask yourself, "What will a Premier League club be worth in 20 years time?"

Ya, most likely a pretty good investment.

Remember when we all fell out of our chairs because we bought Fellaini for £15 million about a decade or so ago?

This beast called the Premier League is growing. Yes, things always have a way of correcting and valuations can decrease. But 20 to 30 years from now? My money is on the value of clubs skyrocketing over that time period.

David West
166 Posted 08/06/2024 at 16:36:52
Mike 164.

Agree with a lot of that. We are not Man Utd though are we? We don't generate anywhere near the cash they do. We need a lot of cash throwing at us just to be sustainable never mind profitable.

I can only assume anyone interested is looking long-term at the upside the stadium will bring. As Frank @ 160 says, they can turn to money pits as Moshiri has found.

If I had £1B, is a football team the best place to make money? Not sure on that!

Pete Ellingham
167 Posted 08/06/2024 at 17:18:27
Apologies if I have already missed this in the thread but Toffee Ventures was indeed incorporated in May this year and the director is Bell!
Neil Copeland
168 Posted 08/06/2024 at 17:37:15
Phil 161, sounds like my finances, more of a billionthaire.
Jay Harris
169 Posted 08/06/2024 at 18:04:32

That seems just after 777 missed the April deadline for repaying MSP so I guess Moshiri wanted to keep 777 funding the club until Bell and Downing were ready to do a deal which is not blocked by RMF.

Eric Myles
170 Posted 08/06/2024 at 18:36:53
Ralph #142 :-))
Derek Knox
171 Posted 08/06/2024 at 19:08:16
I've been sceptical about that Goodison News, they are a disgrace by using the name.

We all want to know what is happening, and they post a Headline, when you read, there is often no mention of the Headline or its related story.

They should be barred, and definitely ignored by all!

Allen Rodgers
172 Posted 08/06/2024 at 19:28:32
Goodison News are one to avoid, usually 2 or 3 days behind with 'breaking news'.
Lyndon Lloyd
173 Posted 08/06/2024 at 19:43:54
Well said, Derek (173).

Like evertonnews.com, that site is not run by Evertonians. It's part of a stable of garbage clickbait sites

Soren Moyer
174 Posted 08/06/2024 at 19:51:00
Just get a news app and customize it for your liking.

I am using FotMob and it is decent.

David West
175 Posted 08/06/2024 at 19:53:02
Yes, Goodison News and Everton News are a joke, yet this is how online news sites operate now. The echo is no better these days, with sensational headlines but no real insights in the stories.

They want you to click. They don't care if you read it. There's probably an Old Trafford News, St James News, Norwegians Abroad News…

I've blocked Goodison News from my Google.

You will have a development like yesterday and until there is another development they will write several different articles about the same development – just writing in a different way, no new information.

Pete Ellingham
176 Posted 08/06/2024 at 19:56:32
Thank you, Jay (169).

Makes sense.

Neil Copeland
177 Posted 08/06/2024 at 20:56:22
I am thinking of setting up a website called; Toffynonuenews.

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