Moshiri-owned company sued by Usmanov

He has to go down in history as the worst and most incompetent fucktard ever to own a Premier League club.

How he hasn't faced more wrath and blame of the fans is an incomprehensible mystery to me. Some still banging on about their Kenwright obsession as if Bill was anywhere near as culpable for this mess as Moshiri.

Before anyone feels a need to argue with that point, say what you like about Bill but at least he loved the club and I am certain he would not have entered into this arrangement if he'd known how it would end.

Poor decisions, laughable transfer dealings, no board vision or structure, undermining every manger and DoF he employed. Dodgy deals, reckless spending and an alignment with that odious turd Usmanov.

You are a joke, Moshiri, please just fuck off. I curse the day you walked through the door.

Abromovich was getting sanctioned but it didn't stop Chelsea getting sold, which surely means a precedent has already been set?

My worry is that other murky creatures don't want to relinquish their hold on Everton Football Club because it's made them an absolute fortune and there are not many things worse than the tap getting turned off on a goldmine.

You certainly found your billionaire to sell to… you found the biggest dipstick with the most money to waste but made sure you were sitting pretty.

The quicker this idiot Moshiri is gone, the better!

Moshiri has come unstuck but it's hard to believe that this fella is a genuine high-level accountant although this news surprises me unless it's just a clever way of keeping a little bit of distance between the Oligarch and his frontman?

The sad thing is that Evertonians will take almost anyone, such is the state of the finances created by a man who is supposed to be a top/grade accountant.

It's a shame you have gone, Kenwright, because you could have created a show that would have lasted longer than Blood Brothers in the West End out of this absolute mess.

The Oligarch, his Accountant, and the Saviour.

Nothing to worry about.

Don't take things you read as absolute. There are many layers to what has happened to our club of which we will see little.

Most Finance and Business goes over my head, (mainly bent and run by sleeze- bags) but from a lay person's perspective, surely any ' dodgy agreement ' one of Moshiri's Cyprus based Firms, had with Usmanov has nothing to do with Everton Football Club. Or does it ?

However I, like everyone else hope something happens take-over wise sooner rather than later. In the meantime there are matters on the pitch that need addressing even quicker !

https://www.theguardian.com/football/article/2024/sep/10/everton-fans-shares-john-textor-takeover

It's only because Moshiri name is mentioned that it's even getting any traction at the moment.

Just an excuse for someone to try and turn the knife, don't worry about it.

No doubt he did because he made millions out of it without putting a penny in.

A consummate actor to the end.
Bill loved himself

Like John Keating said @ (10) Bill loved the club??? Jesus wept.

Correction: Moshiri is the second worst owner In Premier League history.

The worst one? The lying, self-serving, egoistic charlatan who preceded him.

It's an incomprehensible mystery to me how any Evertonian can still believe that Kenwright loved the club.

One stated that this would be between Moshiri and Usmanov and not involve Everton.

Another was more specific and said it was one of his Cyprus based holdings. It is even stated that it has already happened. This doesn't surprise me as Cyprus is crawling with Russians, although it is in the EU, so will also be following sanctions against Russia??

Who knows? All very murky.

Whether it is happening or has happened, as long as the money can't be traced back to Everton and is only Moshiri, there is another way of looking at it.

This could drive down his bargaining power and result in a would be investor being able to get Everton for a lower price.

What a saga. Just when you think we're near the finishing line, something else pops up.

Well that's my non-qualified financial analysis done for the day.

We've got Villa to face this coming weekend, the more pressing focus.

How does the editor even allow this to be printed?

Spot on, not that it cuts any ice with the more rabid Kenwright haters as you can see from the replies.

There exist many fanciful notions on here but there seems an idea Kenwright deliberately picked a billionaire not to improve but destroy the club. Pure aluminum hat wearing time.

Kenwright made mistakes and was undeniably shifty but what Moshiri has done is another level. But the potential death of our club he has caused via the monstrous debt of BMD appears a fair trade. How many times do you hear "but at least he got us a new ground".

'Kinell.

To my point about Russians an Cyprus, here's an article from the Guardian. It's a year old, but demonstrates the extent to which Russian Oligarchs wielded influence over the island. They used it to deposit funds and sure that's what Moshiri was doing.

Link

Dave there are none so blind as those who will not see.

If you remember some years ago I used to swap opinions with you and Tony over Kenwright and we didn't always agree.

Fortunately, following the advice you gave me and the directions you gave to seek out evidence I was able to see through his charade.

What surprises me is that he did (and still does) manage to con members of the media. I say, surprises me but I suppose I'm not surprised because they tend to stick together and have each others backs. That and the fact that some of them are as thick as two short planks.

BK may well have believed (in his own mind) that he always did what was best for Everton, but even that's hard to believe.

How are you Brian, keeping well I hope, best wishes mate.

Nothing to see here and why we are even talking about it on here beats me.

I think there is a bit of a Kenwright obssession going on this Website. That's ok for those who don't have anything else to offer, but you do. So does your Dad and many other respected posters on here. To me he seems like an itch you guys wont ever be able to scratch.

Kenwright is no longer with us.. He cant influence the present or the future and whatever financial influence he had in the past has been diluted a hundred fold by the those who came later. Brands squandered more in 20 months than tight arsed Kenwright spent in 20 years AND he boasted about his signings. Walsh was even worse.

Kirkby, AGM bans, Glass ceilings. Ring fenced claims. They are all things which can be laid at his door. But responsible for our current financial plight ? Thats a different charge and only by exonerating the real culprits can people find him guilty of it.

Many of us actually love this club, not just follow it and Kenwright did us harm especially with his sale to Moshiri, a man who appears to be incompetent. But do we know who / was pulling the strings in the background? Usmanov? Rights & Media Funding?

Personally I think Moshiri was a front for Usmanov.. and Messers Green and Earle are probably still raking it in through the likes of Rights & Media Funding. (You're right, Tony, it wouldn't surprise me if R&MF has a few nasties in their exorbitant loan deals.)

The truth is we are dealing with the legacy of Kenwright and the billionaire he found and will be for sometime to come.

The only thing he was obsessed with was himself and his image.

How any so called Evertonian can make over £40 million having not put a penny of his own into the club while presiding over the worst period in our history is beyond me.

Even more baffling is the number of people that still defend him.

Still at least the chapter in our history is going to be put behind us and hopefully we can recover our place at the top of the table over time.

With respect to Cyprus, it's long been used by rich Russians (and others) to house their investment vehicles. Just the same as rich UK families using Channel island companies to make investments - due to their 'flexibility'. It's not new news and things like the Panama Papers reveal how the very rich structure investments offshore to avoid tax and even the true identity of who owns what - ably helped by an army of law firms and administrators. Certainly not limited to Russians (or Ukrainians in this case). Believe even our own 'Lord' Cameron appears in the Panama Papers with an offshore trust, along which probably half the landed UK gentry...

Article is a waste of time imo - we'll never know the true goings at Everton over the last decade or so and god knows how Everton even got some of the money it did. However, someone at some point will buy the club off Moshiri and we'll hopefully turn a new chapter.

Just waiting to find someone with a spare £1bn...

I appreciate and empathize with your frustration over this story — and indeed over the multitude of Everton stories now getting pushed on NewsNow.

We remain highly selective over what we publish, and this indeed appears to be a non-story; however, the amount of media noise it has generated means it is hard to decide to just not publish it, especially if posters want to make reference to it.

And there is an element of documentation / record-keeping in terms of the ever-changing, evolving and developing story of Everton FC that we are compiling here.

I know too well about Russian influence in Cyprus through my wife's company.

I believe the Isle of Man is used in a similar manner to the Channel Islands.

Like many, I'd just like to get this takeover sorted so we can move on.

Once again I find myself completely disagreeing with you.

Those who followed the story will know that it was Moshiri who actively pursued Silva. Koeman. Allardyce. Benitez and Lampard _ at least two of them against BK's wishes. It was his poor choices which lead to the club paying tens of millions in compensation to them. He also employed two DOF's and gave them Carte Blanche to spend what they wanted. Both of them had the temerity to boast about their idiotic signings. The money squandered on Moshri's watch made Kenwrights Market stall mentality look like chicken feed.

It's all very well being wise after the event holding Kenwright responsible for Moshiri's staggeringly stupid money burning excercise, but (and here's the point). I challenge you now to show me any objections to Moshiri coming on board at the time.
From what I remember, there was an outpouring of great joy throughout Evertonia. At last we had a rich new owner and his wallet was wide open.

It does not stack when people who rejoiced the end of Kenwrights austerity then want to point the finger at him for the club staring into a financial abyss. They are two different things and he cant be guilty of both.

Also Christine. You seem to believe there are two groups of Evertonians. One which you belong to - The one which loves the club and another which simply follows the club. I don't buy that for one minute. I have a name for people who merely follow the club. I call them neutrals.

Brian

I don't see anybody defending Kenwright.. We all know what he did or didnt do. I think that's just something the same people keep putting up so they can start another round of I-hate-Kenwright-more-than-everyone-else. Nobody ever comes up with anything new. NOT EVER !!

Detest him all you want, but no one elses love for the club can be gauged by how much hatred they can direct at him.

There is documented evidence which clearly demonstrates there are people who have had a far bigger hand in the clubs current financial plight.
While some want to get to the truth and go after Bill Sykes. Others will satisfy themselves winding each other up by chasing the artful dodger into eternity calling him every name under the sun.. That'll make sure it never happens again

I don't think I've ever posted that I detest Bill Kenwright. I was merely replying to Dave's post and mentioning how him and their Tony "educated" me if you like.

I for one would like to see us move on from him on here.
In fact, I undertake to not mention him again, ever.

We need to rid ourselves of whatever negativity we can as there's more than enough to go around with our present predicament.

I meant that to Jay 31.

I realised my error straight away, but the edit time ran out before I could correct it.

Amen to post 41 though.

It really is time to move on

He had a great opportunity to get us back up to where we belong in 2004 when he turned down Paul Gregg's offer to build that stadium at the King's Dock. He was nothing short of a narcissistic parasite.

I think you and Christine will both find some common ground once again after a few posts each, Dave, because it's definitely obvious that Everton wasted a lot of money in the early years of Moshiri's reign. It's also obvious that Kenwright changed the narrative, and presided over the most inept period in the very long history of Everton.

No apology necessary Dave, honestly.

She knows more than me and I wouldn't be arsed responding to her if I didn't have the utmost respect for her and her views.

But sometimes the story is worth posting prominently (as opposed to merely covered for archival purposes in the "Club News" section, for example) simply because it is being talked about by Evertonians, here and elsewhere.

Given that we're hardly ever first with news anymore, most of our news items are launching points for discussion by the community and that was the case here.

I'll also confess that I was hugely distracted yesterday by the server problems I was dealing with and did not really give the significance (or lack thereof) as much due diligence as I otherwise would.

I think you talk sense. We all have views and that is fine with me. I want this ownership situation sorted so we can move on. It is just moving as slowly as the Titanic did towards the iceberg. Ironic given the hotel next to Bramley-Moore Dock!!

There's me talking pony.

We all know that, when we meet up, we all have lively debate and get on with each other.

I want Dyche to change this around as, until the ownership thing happens, nothing will change soon, so we have to focus on the short-term for now. Then we can think longer term.

I'm more concerned who is going to play centre-back, right-back and midfield on Saturday right now.

Just because I despise Moshiri, that doesn't make me a Bill fan, you know, that is just black and white thinking. /p>

Bill was at times an embarrassment, Bill lied his ass off throughout his tenure. However, the difference between his tenure (from mid-table mediocrity to being the best of the rest for many years under Moyes) and Moshiri's is stark.

What we wouldn't give to be moaning about Bill's lies, the Arteta money, and Moyes's dull-arsed tactics. Those are not problems comparable to what Moshiri has caused. This risk-taking idiot has brought us close to collapse. I simply can't believe anyone could contest this?

It's all been sorted apparently. Nothing to worry about.

Phew! That's that then.

It wasn't Moshiri that brought an over-the-hill Rooney back on obscene money or who sanctioned the purchase of 3 number 10s or who claimed that other Premier League clubs are on the phone to him every day admiring the way EFC is run.

Even Keith Harris, who is a neighbour of a close friend of mine, said that he resigned because the Everton board was the most dysfunctional he had ever come across (and Moshiri was not on the board at that time).

Moshiri eventually woke up and smelt the coffee like Paul Gregg did and tried to control what was going on and then we had the Moshiri - Kenwright buffoonery which turned a disaster into a catastrophe.

So yes, I do blame Kenwright for our current plight. He had access to all the funds and the accounts constantly whereas Moshiri could only go on what was being fed back to him or allowed to be fed back to him.

So I'm sorry, Dave, this is one issue we have a fundamental disagreement over.

He was the man who said Moshiri is the man who keeps giving. Where was the advice that should have been given to the man who didn't understand football by his “friend”, the supposedly shrewd football chairman who said “Everyone asks, when they are in trouble, what would Everton do?"

Kenwright was shrewd alright when it came to guarding his own theatre company and his own money and it never went into the red. Kenwright was supposed to be the guardian of our club, well have a look at his record after he took over the club.

The club was £20M in the black, we owned Goodison Park, we owned Bellefield the training ground. Then have a look at Everton finances when he sold the club to Mr Moshiri — it was a disaster, a total mess to the one he bought.

This has all been recorded in black and white and read by the fans who, even though they don't like him, still try and put the total blame on the last six or seven years on Moshiri — who should have been looked after a lot better than he was by his 'friend'?

A couple of good times in Europe, but we are Everton FC, a club that had mostly been about trying to compete and win until Moyes got in bed with Kenwright and got us punching above our weight whilst turning up for gunfights with a knife.

Moshiri has been a disaster but the writing was on the wall from the day he said he didn't want Everton to be taking up too much of his time and appointed Kenwright as the chairman.

Surely Moshiri must realise that, the longer he holds out for the best deal for himself, and himself only, if things on the pitch don't pick up (hope so) we could end up in a relegation scrap again.

If it looked like we were going down and entering the New Stadium, Everton's worth would be considerably less!

I suspect there is much more agreement than not, in our views than what we read into them because, in essence, both our perspectives are the same when it comes down to it. The downfall of our club didn't begin with either man but each of them, individually and collectively, are responsible for the situation we are in today.

Financially under Kenwright, his intransigence saw every asset sold, initiated the offshore loan sharks, and got into bed with the maestro with money on his 24/7 search for someone with money to invest whilst leaving him in control. The ground was laid before the "5% of my time" Moshiri walked through the door.

Millions squandered initially by Kenwright until Moshiri thought he could do a better job but, with each decision, he only made it worse. One egomaniac and a fool who was conned by him.

Who is worse? It doesn't matter, Dave; both are equally responsible for our plight. But the man most likely underpinning Moshiri was Usmanov, Kenwright was out of his league, a mere figurehead.

You're correct too that there was no clamour against Moshiri when he brought such money to the club, like a starving man we welcomed the feast… little caring where it came from.

So Dave, I don't think we are very different in our opinions: both are culpable and we will never know the reason Moshiri became involved, we only see the catastrophic results of his involvement.

He and Kenwright will be forever linked as being responsible for our plight, the full extent of their individual responsibility will be opinioned on for many years but may never be known.

A last point, Dave, I never said there are two types of Evertonian. On a sliding fan scale between a follower and a nut job, I am probably closer to the latter, but we are all Evertonians, our levels of devotion expressed in all we do.

The written word oft fails to tell a full story, especially where irrational emotion is involved, so I apologize for my poor use and failure in my expressions for it is my utter dejection at our current plight that ails me.

I was going to reply to you but Tony @53 expressed my thoughts perfectly.

And you did state in your earlier post that Kenwright loved the club — which is total nonsense.

Once – if – we get a credible new owner, Kenwright can be laid to rest in a different way and we will all be able to move on, and I'm sure will do. With not inconsiderable relief...

Who knows, and should we care?

Guys, don't ever apologise for disagreeing with me. When I start typing, my fingers can pour out shite with the best of them.

Kenwright's charge sheet is a lengthy one, but when I think of people like. Martinez, Silva, Allardyce, Ancelotti, Benitez, Lampard, Sharp (not the player), Little Miss Dynamite, Walsh, Koeman, Brands... I could be here all day — I feel sick. All wealthy people when they came, all so very much wealthier when they left.

If you search your soul and try to compile a list of people who have given this club more than they have taken from it, you will struggle to get past the supporters. maybe a couple of others, like Seamus.

The fact is; they have all come, they have all feasted upon the flesh of this club, and they have all left it in a worse state than they found it.

I remember feeling very proud when Davey Moyes came out and said everyone in football should take a 20% pay cut. He may have been a boring sod, but what honour, I thought. That pride soon subsided when I realised he was talking about everyone else.

We have been battered and bruised, but we still hope. We still dream of a football-savvy billionaire walking through the door and leading us back to the promised land.

My final point is regarding the Oligarch. Like everyone else, I suspect he has been up to his neck in everything that has driven the club to the brink. Has he used the Mersey to wash his dosh? I can't find anything on him. Not a single quote. Just smoke.

Whenever I hear his name, I'm minded of the famous line from the movie Usual Suspects: "The greatest trick the devil ever pulled, was convincing the world that he didn't exist."

I too promise myself that I will not bother mentioning Thingy's name again then someone comes on here blaming somebody else for all our woes and absolving Thingy for the part he played in our downfall and I can't resist replying — especially when they come out with “Thingy loved our club”!

You are correct that all who entered Goodison left much wealthier, be that player or manager. And to be honest, that happens at every club, certainly in the Premier League.

The main problem as I see it is that wages have gone through the stratosphere and no club is prepared to make a stand on it. I think I read somewhere that Man Utd had capped wages at a maximum of £200,000 a week, just compare that to a surgeon who may save your life but probably doesn't earn that in a year.

I am old enough to remember the campaign led by Jimmy Hill and George Eastham to scrap the £20 per week maximum wage. Within weeks, Tommy Trinder, the Fulham Chairman gave Johnny Haynes a rise to make him Britain's highest paid player on £100 per week.

While many can argue that players weren't paid the going rate, the scrapping of any maximum wage opened the floodgates to where we are now. Most clubs struggling to make a profit so supporters crave richer and richer owners, which must make players and their agents rub their hands with glee.

Most owners walk away from Premier League clubs a lot poorer. Yes, the likes of the Glazers are the exception, and as Alan Sugar said after leaving Spurs, all his business acumen went out the window when he was Spurs chairman.

You start by saying they "left much wealthier … that happens at every club, certainly in the Premier League."

You end with: "Most owners walk away from Premier League clubs a lot poorer."

I'm confused, which is it?

Employees, ie, players, managers and others can be very handsomely rewarded whilst at any club. Think Don, the rat, Carlo and £11m a year.

However, owners can throw cash at the club and get very little back. The old saying was: How do you get a small fortune out of football. Start with a large fortune.

You do know how much that bastard Kenwright made out of Everton Football Club, I trust?

And before him, Robert Earl.

And before him, even Paul Gregg.

And before him, Peter Johnson.

They have all made shitloads of money out of owning Everton FC.

[I can't speak for owners of other clubs.]

We should've been kicking on when Moyesy went; now look at us, fighting to stay in the Premier League.

I just hate him. Get out and take your doggy deals with you, fucking Rat.