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Re: The Friedkin Group
Posted: Thu Jul 02, 2026 11:41 am
by TheRam
All billionaires are utter scumbags.
We’re in a billionaire’s game.
Just have to suck it up. Majority of people involved in these deals are morally reprehensible.
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 4:13 pm
by brap2
My only (pretty much, obv I do have limits) concern is competent ambitious owners who share approx the same vision as we do (PL, CL).
If we want to preserve the heart and soul of the club that is entirely down to us as fans and a community I think. Expect nothing from the rich that you do not force them into.
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 4:29 pm
by 4evablu
Shogun wrote: ↑Thu Jul 02, 2026 9:44 am
Got to admit, there's stuff I'm starting not to like about being run under the Friedkins. It's things we already knew was going to happen but still.
It's very much a cold running of the club. Squeezing out as much money as possible from the fans (probably customers in their eyes) whether it be through memberships, ticket prices, blue doughnuts, season ticket hikes, Seat Unique, etc. Don't get me wrong the demand is there because people are still buying all those things but it doesn't mean you have to take advantage of that. The goal of all this is to basically bring in a higher paying customer and lose the local riff raff to maximise match revenue as much as they possibly can.
Then there's the sponsorships. Keeping Stake despite them being the scummiest of gambling companies. How can you have something like Everton in the Community helping people with addiction whilst having Stake plastered around the stadium? Partnering with CMC Markets whose owner is a Baron with a tory peerage and controversial history. Even the really silly stuff like having sponsors light up red around the stadium. It almost feels like we could be any club.
I know this is what we expected. I know they're American capitalists who basically stay in the background. I understand it's miles better than Moshiri and god knows we don't need another Kenwright, but it would still be nice if they made some effort to show they understand the heart of the club.
Even if they could come to a match once in a while it would go a long way.
Maybe that mood completely changes if we become successful rather than meandering like we are but
football clubs aren't just businesses,
they're communities with a real identity and it's important to keep that.
Oh but sadly they are….
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 4:30 pm
by 4evablu
Dunno what happened there meant to highlight the “football clubs aren’t just businesses” comment..
That what i tried to answer to.
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 4:36 pm
by Trowel
Let's not overlook that the priority was always to move us from the baseline they arrived, with the appointment of a new executive team and the restructure of our finances to set us as a sustainable club.
That seems to have largely been achieved now after 18 months, which we shouldn't forget is a monumental success given where we were when the vultures were circling.
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 8:26 pm
by Free Agent
I agree with all the mentioned above.
However, they are still a million times better than 777, (the insurance scamsters, not the poster on here) and Textor’s Eagle Holdings (which have since gone bust).
Re: The Friedkin Group
Posted: Thu Jul 02, 2026 8:45 pm
by 74Blue
Trowel wrote: ↑Thu Jul 02, 2026 4:36 pm
Let's not overlook that the priority was always to move us from the baseline they arrived, with the appointment of a new executive team and the restructure of our finances to set us as a sustainable club.
That seems to have largely been achieved now after 18 months, which we shouldn't forget is a monumental success given where we were when the vultures were circling.
Absolutely. In the final months of Moshiri's tenure, it was widely reported and pretty common knowledge that we were surviving on a series of loans from 777, whilst they were trying to get a deal over the line. At that time, all indications were that without those payments, the club could barely keep the lights on and were in serious danger of possibly even going under. Just picture the scene had that 777 takeover actually happened.
On the surface, we now appear to be running as a viable business again. Considering we have a mammoth mortgage for our shiny new home, that's actually significant progress. It seems that within the first 18 months, TFG have managed to balance the books and consolidate the stadium debt into something perfectly sustainable, which is pretty good going and would make us a far more attractive proposition for any future sale. So yes, they may well decide to flip us for a profit in a few years time, but they have earned their profit through turning a distressed asset into a sustainabke business. They have recognised that the massive mortgaged millstone is actually a potential cash cow and the stadium can be used to host all manner of major events, at a price of course. Every little helps when it comes to chipping away at that massive mortgage.
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 4:11 pm
by Bumble
The issue is we want change at a faster rate than the people who own the asset.
Another stable season with no relegation drama whilst maximising revenue by sweating the stadium and brand will probably be seen as a good year.
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 5:35 pm
by 777Kidnappings
Think they've done a great job with the business side of the club. Of course they are maximising the profits. Its what the big clubs do. We have no hope if we dont too
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 6:11 pm
by kramer
They’re a steady hand, financially and footballing-wise.
There are a lot of awful people running football clubs, either in how they run them or what they’ve done to get their money or both. It has been and could continue to be worse.
If we have to have a billionaire sugar daddy, I’m relatively happy with these.
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 6:16 pm
by Dchans
Yeah no complaints here either
Nice to not worry about relegation, going bust, payday loans and massive APRs etc
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 6:36 pm
by 777Kidnappings
I think for the first time in a very very long time (decades and decades) we are a competent business owned by competent business men. Its lightyears ahead of anything I can remember here and a billion times better of what were apparently the other options when we were up for sale
The jury is still out on the people they've hired to run the football side though
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 7:10 pm
by superpull
You've only got to look at what Spurs are spending after being pants for 2 years to understand the model for the new stadium.
Whilst we are in no danger, they will consider growth off the pitch to be the most important thing. When that stagnates it will be due to the fact on-pitch reasons are holding us back (international merch sales and full houses/corp boxes only happen with success on the pitch. But we dont need that for growth as things stand).
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 8:18 pm
by Gash
In fairness to Spurs, they always had a huge turnover, even at the old WHL their income dwarfed ours.
Re: The Friedkin Group
Posted: Fri Jul 03, 2026 8:42 pm
by 777Kidnappings
Gash wrote: ↑Fri Jul 03, 2026 8:18 pm
In fairness to Spurs, they always had a huge turnover, even at the old WHL their income dwarfed ours.
Not spurs fault but it shows the problem with the rules. Almost all of the big clubs income comes regardless of success so they cant really fail. Regardless of what happens on the pitch theyll always get another opportunity to spend their way out of it