The Friedkin Group (They're selling up)

[dazfrancis]

Bit mad if there was a plan and Kinnear went out and did interviews 2 weeks before the window closes reiterating the plan then at some point in the following days the Friedkins do a complete about face and cut the funding days before the window closes.

What changed?

IMO the funding never got cut, it was always well to recoup some money and possibly reinvest a proportion

[Lazarou II]

I fucking knew it.

Just another rich man's play thing.

[MayorFarnham]

Play thing? He's dumped the toy and is just interested in the box.

[Bumble]

They could put us up for sale but who would want to buy us, apart from someone who has a vested interest as a fan?

You can't inject your own personal wealth anymore, you can't even tread water without ploughing most of your turnover back into it in the form of wages and your chances of having a fleeting Champions League adventure is slim at best.

In fact the risk of it all going tits up following a bad appointment, transfer window or poor run of form is far more likely now, if you end up slipping out the league.

The Premier League needs to look at this. Either they want to attract investment into the league or they don't. They can't protect the cosy elite and also hope to increase the value of the product at the same time.

[blueToffee]

From what's in the FT...why is this any different to what Liverpool just did with that Bezos involved consortium? Or even what the Wrexham owners did too selling some of their stake?

It just seems like the latest "thing to do" to raise funds and spread risk?

[TheRam]

I find it hard to believe things have massively changed from the kinnear interview.

That was only two weeks ago.

Have the owners gone from the money is there to spend towards the end of the window, to not wanting to spend at all in the space of two weeks?

That’s unlikely I think.

Kinnear has probably gone on to the media to tell us all is fine in the hope the worst case scenario would be we reinvest the Iliman money and nobody would ask questions.

Or he was just out of the loop.

With the Armstrong bid, the penny pinching on deadline day and the general state of the squad, people have investigated and uncovered there’s a plan to sell the club and try to bring in as much money as they can before the sale.

[blueToffee]

I find it hard to believe things have massively changed from the kinnear interview.

That was only two weeks ago.

Have the owners gone from the money is there to spend towards the end of the window, to not wanting to spend at all in the space of two weeks?

That’s unlikely I think.

Kinnear has probably gone on to the media to tell us all is fine in the hope the worst case scenario would be we reinvest the Iliman money and nobody would ask questions.

Or he was just out of the loop.

With the Armstrong bid, the penny pinching on deadline day and the general state of the squad, people have investigated and uncovered there’s a plan to sell the club and try to bring in as much money as they can before the sale.

I wouldn't be surprised if like Liverpool owners try to get investors given the valuation increase over a short period so they bank profit and lessen their exposure to risk with any one club.

We've also turned a smaller corner of sorts and I would imagine relatively speaking it's not a bad time to try and do similar with us.

I just don't really see why people take this as wanting to sell though. They probably want a controlling stake but they don't need to sit on all the shares. Could be being very naive, but looks like what these owners seem to do, particularly of late.

[TheRam]

I wouldn't be surprised if like Liverpool owners try to get investors given the valuation increase over a short period so they bank profit and lessen their exposure to risk with any one club.

We've also turned a smaller corner of sorts and I would imagine relatively speaking it's not a bad time to try and do similar with us.

I just don't really see why people take this as wanting to sell though. They probably want a controlling stake but they don't need to sit on all the shares. Could be being very naive, but looks like what these owners seem to do, particularly of late.

For me, it’s the story coming from America that they’re looking at creating a new NHL franchise for around £2bn.

Easy to put two and two together at the moment with everything that’s happened.

[NickNack]

For me, it’s the story coming from America that they’re looking at creating a new NHL franchise for around £2bn.

Easy to put two and two together at the moment with everything that’s happened.

Which could mean selling us (most likely) but could also be a reason for looking for further investment. We’ll find out soon enough

[Free Agent]

Someone get on the blower to Bezos and tell him there’s potential for a higher return here than at shite. Higher ROIC, higher ROE, higher IRR etc, and the fans are better too.

[NomadskiEFC]

Someone get on the blower to Bezos and tell him there’s potential for a higher return here than at shite. Higher ROIC, higher ROE, higher IRR etc, and the fans are better too.

And we’ve already proved we can offer quick returns on players.

[Free Agent]

And we’ve already proved we can offer quick returns on players.

Yep, all our employees are expendable - that should appeal to Bezos.

[superpull]

From what's in the FT...why is this any different to what Liverpool just did with that Bezos involved consortium? Or even what the Wrexham owners did too selling some of their stake?

It just seems like the latest "thing to do" to raise funds and spread risk?

The FT indicated exactly that. It is Giulia Bould's social media that has led people to believe its a straight sale we're looking at (and she is pretty trustworthy as far as Everton related things go).

[Audrey Horne]

Someone get on the blower to Bezos and tell him there’s potential for a higher return here than at shite. Higher ROIC, higher ROE, higher IRR etc, and the fans are better too.

No ta

[TheRam]

Been some week this.