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Moshiri bought 49.9% for £87.5MMoshiri spent a net £22.9M in his first year in net transfers in 16-17Moshiri spent £45.7M in net transfers (after sales) in 17-18Moshiri spent at least £5M on fixing up Goodison and arranging the new location (guess)TOTAL spent £161.1MAmount in turnover Everton will lose if they go down..... £110M in TV moneyAmount of first year parachute payment as offset... £55MADDITIONAL TOTAL LOSS £55MTOTAL EXPENDITURE £216.1MNote that good sources claim his net worth is £1.36B So he would have a net worth loss of 16% in under two full years if we go down. How long til he decides enough is enough? And either bails or pulls back spending? This must be considered. He is not Qatar. I think we are not considering that he could start to pull in the spending reigns like Lerner did at Villa. It would have recent precedent.In other words, this could get worse.
Are we profitable?
It's amazing what financial geniuses we have on this forum slagging Moshiri off. No owner really invests their own money unless they like Sheikh Mansour at City. Owners use their financial clout and net worth to be able to attract credit facilities etc for clubs to operate at a better level. Kenwright could maybe secure a 10-20M pound loan. Moshiri, 300-400M as an example.Neither use their own money.
He paid it into the clubOther than that who knows whose money it is
So you’ll recall that the accountancy firm that performed the extensive due diligence that you’re talking about was bought by Usmanov. Nothing dodgy about that is there....especially after paying his lapdog £300m for shares in a company he’d actually given to him a few years earlier. No nothing strange going on there...
Why would Unsworth accept the job having just been told hes not good enough ?
Problem with that is he would only have maximum 10 games (if Allardyce were sacked tomorrow) to prove a point with a totally unbalanced squad, hardly fair on him.
This guy has a lot to answer for,im beginning to question how he,s made his money with the total shambles created here.
Any accountant that tells you not to be concerned about money needs disbarring or certifying.
I'm totally fine with Moshiri personally. I don't expect him to get everything right and he's basically the only reason we've got hope for the future.Teething problems were to be expected. Much sooner be in this position than having to sell a player every couple of seasons to keep the bank at bay.He'll learn and get better.If he gets Bramley Moore sorted (which I think he will) he'll have done more for the future of this club than almost anyone in our history.
We're nothing like QPR
The stadium's happening. It's just complicated. He's nothing like Fernandes. He's ploughed money in, appointed a manager most of us wanted, got the training ground sponsored, got extra finance from a Chinese investor, got rid of the debt.I think it's a silly comparison.
Interesting from @Jimmywhack but I still cannot understand why the players don't fight on the pitch for results and for us.They're good enough.They're paid enough.Why is the off-field grumbles allowed to affect the pitch? It's totally unprofessional.
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