Friedkin Group granted exclusivity in Everton takeover talks

If this deal were to collapse, then things were a lot worse than anyone could have imagined.

Fingers crossed.

Note to Moshiri - Ta for BMD as for the rest of it aarrgghhhhhh !

For this, I will always be thankful for (Usmanov?) Allegedly and all that!
Cheers Uncle Alisher! Imagine how different things would have been had Putin not invaded Ukraine.

A proper owner.

This deal has to get over the line.

UTFTs!

To think I've only been a Blue under Moshiri and Kenwright — it couldn't be any worse moving forward. Right? Right?

In Friedkin we trust.

And John 1, I like the sound of “our American friend”.

Would not be a thread without someone throwing that old chestnut in.

Anyway can the Premier hold back the announcement until July 5th, so that we can celebrate the departing of Moshiri and the Tory party.

Dead right things can only get better.

On a final note, good to see Everton and Villa stick two fingers up to Masters by both sorting the fianances out with a beautiful bit of transfer each way to stay within p and s.

Surely fate cannot be so cruel to see this deal, or any, fall through?

Moshiri out!!!

Moshiri no more, Kenwright no more!

That implies a debt free valuation of £1.5bn. I don't know what these people are smoking but if this is how they do valuations, I have a bridge to sell them

Usually when new owners come in they usually want their own preferences in charge, Moshiri sacked Martinez within months of taking over and Friedkin hired Mourhino and then sacked him, so it will be interesting to see if he leaves Dyche in place or brings in his own choice.

As others say, Moshiri is the problem, but there appears to be enough financial clout with Friedkin to cast Moshiri out of Everton once and for all. Chou, Chou bye bye.

I wanted us to sign him last year. He is an attacking midfielder and if we play him at the top of a diamond shape midfield, I think that he would be ideal for us.

Will be intriguing to see how things are balanced with Roma and Everton, two proud clubs, neither of whom will be happy to play second fiddle. Every time Everton spends significant money on a player the Roma fans will moan and probably vice versa.

The bar has been set incredibly low and I'm excited at what some genuine business nous and professionalism will bring to the table.

On the pitch i'm expecting slow progress with available funds spent on young players with potential to improve and grow resale value (like Iroegbunam).

I'm cautiously optimistic.

The stadium is said to now be costing £800m, maybe Moshiri still owes money for that and Friedkin has to pay whats owed on top, who knows.

Doesn't concern us in any case, to be continued!

Their idea is for Everton and Roma to trade youth players and have them gain more experience playing overseas

(Source - Italian Newspaper, Il Messaggero)

Thank you all.

On a more serious note, and I genuinely seek the answer to this. Its not in anyway shape or form something that I am procuring nor inciting or counselling.

What happens to the club should Moshiri die ?

Especially at this point ?

I mean the stress of being a blue has given me real palpitations at times.

He must have the constitution of a nuclear bunker given whom his friends are and the money he is in the hole for.

I think he is mid 60's

Should his health give way what happens ?

Do his kids step in ?

Its been bugging me.

I do not mean to cause offense.

Regarding the dual ownership model, perhaps Roma could take Deli on a free and "loan" him to us, once fit and firing again. Or, buy him off us for £80m and do with him what they like. PSR problem solved.

Even the dog raised her eyes and put her ears back at the news.

I'm not sure who he is to be honest.

Interesting observation Martin F. He is a stunt pilot so the Leicester city scenario comes to mind. Maybe he could take Moshiri out for a spin, upside down minus a parachute

The Roma manager must be licking his lips looking through our current Under-21s and academy prospects.

I don't believe, and this is simply opinion, that Everton and Roma will have anything to do with one another, other than youth player development. They will be run as two completely separate entities.

You might see "friendly terms" transfers possibly as well? But that won't be overly common.

Friedkin will want both Clubs financially strong and independent, not one playing red-headed stepchild and feeding the other. As a business model, that just wouldn't work long term at all, and this dude knows that.

Still won't stop the fans from moaning though!

I think it is very much of interest to us all what the new owners fork out to acquire us. I don't think there are many people out there who believe the £1.4bn or so loans and capital injection has ended up creating additional value, certainly not at this stage.

The more it costs to acquire us, and the less of a haircut the current investors have to take, the more we will have to live in very straitened circumstances.

That has to be better football than U18s or U23s at Southport?

If Friedkin has been granted exclusive rights to take over Everton, this is basically a done deal. No one selling a Club, or any entity or thing for that matter, would grant exclusivity to a potential buyer without having had detailed conversations and a mutually accepted framework for the purchase.

You'd just never grant exclusivity unless you were very, very sure the deal would go through.

The only reason the 777 exclusivity didn't go through was because 777 were snake oil salesman and quite thankfully for Everton the 777 house of cards, magic, and deception started to crumble during due diligence, forcing the Premier League to put conditions upon accepting the sale.

This will not happen with Friedkin. No way. The only way the deal now falls through is Friedkin diving into the books and realizing the investment he's about to make is a shitbomb. And he already knows we're distressed, so even that isn't really a factor.

I've no idea how long due diligence and League approval will take, but my opinion on this is it's basically done.

And we should all be eternally grateful. Fate, God, Juju, something was looking out for us. If 777 hadn't started to become exposed and their Ponzi scheme start to crumble at the exact time it did, Everton would be owned by very immoral people and driven into the ground. Of that I have no doubt. We now find ourselves having dodged a nuclear bomb, and an incredibly competent owner sweeping in to literally save us.

Some very murky people will remain because I don't think the figures mentioned is enough to pay off MSP, R&M, and also 777.

Not something to be expected, but certainly within the realm of possibility. I spent two hours on the phone yesterday listening to an executive friend of mine describing exactly that kind of event in his company.

777 had exclusivity for months.

My own question is " Can they be any worse than what we have had to put up with for the last twenty years " and that makes it a lot easier, plus the other reported quality of other groups they have been preferred over.

The future does look better but only time will tell, they have a lot of hurdles to overcome. what is that saying never count your chickens before they are hatched.

Careful what you wish for...

A billionaire that isn't poor?
Safe from falls from the 13th floor?
A football fan who knows the score?
Careful what you wish for.

A man who pays for Bramley Moore?
Without funds frozen by a foreign war?
Blue Bill's mates all shown the door?
Careful what you wish for.

Finds players under twenty four?
Has spending plans within the law?
Playing more of the ball along the floor?
Careful what you wish for.

No headlocks that nobody saw?
Where communication is not a chore?
The prospect of a European tour?
I'll wish for that and a whole lot more!

Confirmation of what Ryan said apparently Friedkin has already paid off MSP and put 40m into the pot for cashflow.

HAs Xmas come early for us this year?

If you're a believer in nominative determination (anagrammed at that) then may I introduce you all to...

Dan Friedin - A kind friend

Farhad Moshiri - A horrid famish

And with Dan Meis' contribution, is it too early to start singing..?

'Don't stop. Don't stop the Dans.'

Well, yes? I don't understand your point at all? Not being confrontational, I just don't understand.

Of course it's obvious Friedkin can back out. My point, and my opinion, is there's been exhaustive discussions and Friedkin understands the landscape and won't back out.

I also go on to explain, again in my opinion, why the 777 due diligence dragged on and why their exclusivity agreement is vastly different to Friedkin's. On the one hand you have unethical snake oil salesmen that were found out. On the other a $12B dude who clearly has funds, is respected, and again understands exactly what he's about to get into.

Of course it's not over until papers are signed. That's as obvious as the nose on one's face. I just think this is probably 95% over the line already, and will cross the finish line.

Apologies in advance

All in good fun there, not wishing for that.

Tha tis Ryan Friedkin - son of Dan.

I remember back in the day Cannes were pretty good. Was it Irish striker John Byrne who went there?

His interest is with historic clubs like Roma and Everton who have lost their way but with huge potential and a big fan base.

Here is the link.

https://www.skysports.com/everton

Keith Wyness on the other hand, seems to have something negative to say on a daily basis through his ‘Goodison News/Football Insider' outlet.

There is no mention of R&M, being paid off, just a mention of £40 million to operate as normal, plus the money to pay off MSP.

My understanding is that both MSP, and the other investment group, both wanted to purchase Everton, lock stock and barrel, which leaves me thinking we are still being given a load of Fanny, when you read why Moshiri, chose Friedkin, over the other two groups.

Perhaps Paul The Esk, or someone else who are more clued up on events could explain more, but my feelings are that this isn't a complete buy out, and we are either stuck with R&M, or 777 are not getting paid?

Now he has reappeared on the scene and should be treated the same way as Baxindale and Sharp who both took the hush money that left them very comfortable.

The internet is full of them now, and this is helping to create a lot of madness for the barm-pots amongst us!

The stadium has been reported to now cost £800M alone. Then you have a team that finished well up the table last season with a 50,000 probable home attendance each home game at Bramley-Moore Dock.

All the reports that mention it say that Moshiri won't hold any shares or have any financial interest in Everton after the sale.

It's a full buyout – not a partial one.

It reminded me of Brexit and Boris Johnson, the way the esk, was backing MSP, and saying it was the only real deal, on the table, and then a few hours later, he was telling us that this latest deal was great news for us Evertonians.

Hopefully The Esk is correct, and this is a great deal for us very long suffering Evertonians, but something doesn't feel quite right, with the money being quoted, and after everything that has gone on over the last few decades, it's not easy trusting anything with regards Everton FC.

It's the Everton affliction – we just can't let ourselves believe. Paul Quinn has been absolute in his belief that 777 Partners would fail and they did. He also favoured the Downing bid and stated why but was as equally happy with the conservationist getting the go-ahead.

If he says Farhad Moshiri is selling all of his shares, then I believe him.

It doesn't cover the debt, even if Moshiri takes a massive loss, but I suppose we will learn more as more details come out.

My Everton affection is nowhere what it was Paul, because we have been afflicted by fanny for years mate. It was pointed out to me what I wrote in the paragraph above so as always, we can only wait and see.

I'm reading that Moshiri did what was best for Everton, by going with this deal, which says more than enough for a paranoid fucker like myself

I don't trust him though and agree with what Kevin, has just written about the deal not falling because of Dan Friedkin.

Alan Myers said the other week that there were proper Evertonians, working together behind the scenes to help Everton, and suddenly along comes Dan, with the best deal for Everton?

I hope this is true but until I read about the real terms of the deal, then I'm obviously going to remain suspicious that this isn't going to be a full buyout, even if it's worded that way.

The boy who cried wolf always intrigued me when I was a child!

Reading reports yesterday, it still looks like R&MF are still sucking millions out of our club in interest payments so hopefully this will change once the sale goes through.

The Esk was correct about 777 Partners so hopefully The Esk is also correct about it being a full sale but I've heard different and was told that Moshiri has gone with Friedkin over MSP because they wanted to buy him out completely.

The more important thing is that Everton, become completely professional, but until the full details around the sale of Everton are released, I'm of the opinion that the figures that have so far been mentioned (for a complete sale) simply don't add up.

If you read my posts, my only interest is in our football club being run by hard-nosed, totally professional people who have got a thought-out plan to help us move forward. Nothing else really matters because that's the most important thing if we want to succeed and get back to being Everton.

My only gripe is that it still leaves people from an era that should be learned from and then thrown into the incinerator, so let's just hope Dan is the man.