Evertonian investors building consortium to buy Everton

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

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.

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!

ps: Get it done quickly.

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.

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

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

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.

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.

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.

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?

"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.

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.

Good luck by the way with your donation.

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.

His wealth is $100 Billion.

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

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

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.

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

Toffee Ventures here they come.

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!

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

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

Now you're fuckin' talkin'.

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!

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.

Let's all hope this is true.

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

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?!

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.

https://www.ft.com/content/243f4030-aa2f-43c4-be32-723ba868d27a

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

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.

It's a consortium bid with Trotters Independent Traders.

Anyone heard of them?

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.

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.

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

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.

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

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

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!!

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!!!"

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.

For Microsoft replace with Dell and you will be right.

I hate Bill Gates and Microsoft getting good publicity.

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

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

His now deceased guru taught him well.

MSD = Michael S Dell

Kopites are gonna have heart attack, lol.

Just read he is West Brom's biggest creditor.

Dell is still a huge name and backer.

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

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.

He was right all along.

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.

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.

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!

Okay, I'll get me coat

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.

£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.

What could possibly go wrong???

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 💙

Too many false dawns. But we live in hope.

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

Michael Saul Dell, that is.

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.

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

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!!

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

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

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.

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

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

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.

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.

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.

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

We will be great again!

https://find-and-update.company-information.service.gov.uk/company/15719802/officers?s=08

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.

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

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.

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.

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.

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?

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?

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…

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

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!

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...

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

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

You very naughty boy!

'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.

DELLBOY BUYS EVERTON!!!!

Paris, New York and Walton L4 4EL?

"'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!!

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.

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.

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.

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.

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

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

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

https://www.goodisonnews.com/2024/06/07/toffee-ventures-company-set-up-with-major-everton-takeover-news-imminent/

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.

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.

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.

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.

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

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

Ralph #142, great topper. Another grin.

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

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.

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.

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.

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.

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.

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

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.

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.

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!

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.

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!

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

I am using FotMob and it is decent.

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.

Makes sense.