August 18, 2019, 12:20:10 PM

Author Topic: Usmanov  (Read 62677 times)

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September 11, 2018, 05:07:44 PM
Reply #615
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Mick 1995

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Is this sufficient to end the Usmanov links you reckon? Or more manoeuvering?



Quote
Farhad Moshiri has increased his shares in Everton, the club have announced this morning.

The Iranian billionaire, through Blue Heaven Holdings Ltd, has now purchased an extra 18.7% share in the club - taking his total holding now up to 68.6%.

The club's majority shareholder is also expected to further increase his shareholding in the club to 77.2% no later than July 2019.

Moshiri first invested in Everton back in 2016, selling his stake in Arsenal to business partner Alisher Usmanov and purchasing a 49.9% share of Everton in February of that year.

The billionaire had an agreement in his initial investment to be able to increase his shares in the club, and today's move is in line with that.

Having been the club's major shareholder before today, Moshiri has now become Everton's majority shareholder with the purchase of yet more shares.


September 11, 2018, 05:08:57 PM
Reply #616
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Gash

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It'll probably just add fuel to the fire with people saying it's Usmanov's money that he's using.

September 11, 2018, 05:09:52 PM
Reply #617
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Mick 1995

NSNO Subscriber
Evertons Official comment:

Quote
Everton Football Club today announces that major shareholder Farhad Moshiri has further committed to and increased his shareholding in the Club.

Farhad Moshiri previously owned 49.9 per cent of the Club and in line with the agreement made at the time of his original investment, he has purchased 18.7 per cent through Blue Heaven Holdings Ltd, giving him a total holding of 68.6 per cent, which is expected to increase to 77.2 per cent no later than July 2019.


So it is part of the initial agreement and he will be buying new shares before summer next year.
The shares he has bought have come from Kenwright and Woods.
This is a good way of getting around FFP 9share purchasing).


September 11, 2018, 05:09:53 PM
Reply #618
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Waltzer


Is this sufficient to end the Usmanov links you reckon? Or more manoeuvering?
Wouldn't it just take Usmanov to invest in Blue Heaven Holdings? Sounds exactly the same as they had at Arsenal,  it surely opens up the opportunity for further investment rather than us being owned solely by an individual?

September 11, 2018, 06:21:09 PM
Reply #619
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phillyt


Wouldn't it just take Usmanov to invest in Blue Heaven Holdings? Sounds exactly the same as they had at Arsenal,  it surely opens up the opportunity for further investment rather than us being owned solely by an individual?

This is exactly what I think will happen. Usmanov will buy into the holding company on at least a 50/50 basis.
I'm fat, but it's not my fault I have a genetic condition resulting in me retaining burgers.

September 11, 2018, 07:15:40 PM
Reply #620
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Cozzie


Yep.

Usmanov can still buy in, nothing really preventing that, wouldn't expect anything soon though mind.


September 11, 2018, 07:20:01 PM
Reply #621
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Cozzie


Evertons Official comment:


So it is part of the initial agreement and he will be buying new shares before summer next year.
The shares he has bought have come from Kenwright and Woods.
This is a good way of getting around FFP 9share purchasing).


As I am not totally clued up as to how FFP actually works and operates, how exactly DOES this effect us in that regard as you said it does?

September 11, 2018, 07:47:05 PM
Reply #622
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Mick 1995

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There is a caveat in the premier leagues FFP that the maximum loss in a year can be Xm (i think 15m if memory serves).
An owner buying shares allows that loss to increase significantly (85m per annum i think).

I'll look for the exact info when i get a chance.

September 11, 2018, 08:55:36 PM
Reply #623
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Shogun

Administrator
Scenes when he ends up buying Rotherham
I never claimed to be a saint

September 11, 2018, 09:28:34 PM
Reply #624
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Mick 1995

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September 11, 2018, 09:36:49 PM
Reply #625
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Cereal Killer




September 11, 2018, 09:40:29 PM
Reply #627
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TheTone


Is this sufficient to end the Usmanov links you reckon? Or more usmanoeuvering?

 :whistle:

September 11, 2018, 10:10:20 PM
Reply #628
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MmmblueBernard


Its on lads (and Liz).

Farming Karma like the Dalai Llama

September 11, 2018, 10:40:42 PM
Reply #629
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Tinga


Just don't ever see this happening.