End of Moshiri - Friedkin, APPROVAL AGREED

[Trowel]

[Toffee1]

Should have known that @Trowel would have all the info ready to go.

Keith Harris - will Orville be a board member going forward?

[Trowel]

Presumably as in "Veni Vidi Vici".

[777Kidnappings]

The length of time Moshiri was willing to give 777 and the lack of enthusiasm for the other supposedly interested parties points to the uncomfortable notion that 777 were the only viable offer.

Wasn't very viable given they didn't have any money. I imagine their offer was well in excess of what anyone else was willing to pay

[Trowel]

Vici sound too good to be true TBH:

Everton owner Farhad Moshiri has received a fresh bid to buy the club from a UK-based investor, Vici Private Finance, which is backed by at least two billionaires.

The Times understands that Vici initiated discussions with Moshiri and his advisers several months ago and have offered concrete terms within the past week.

The Vici bid is being advised by Keith Harris, who was brought on to Everton’s board of directors by Moshiri in 2016 and was deputy chairman for a spell.

It involves no borrowed money and is believed that proof of funds of about £1 billion in cash have been shown. External funding is not required, ensuring an agreement could be executed quickly if Moshiri decides to give the group the green light.

Vici is a newly established UK multi-family office of investment funds that has brought a financial consortium together, supported by two western hemisphere billionaire owner funds and several foundations, including a humanitarian fund.

A full and comprehensive offer to Blue Heaven Holdings, the company which holds Moshiri’s 94.1 per cent stake, meets his valuation of the club and also includes provision for short-term funding before completion to stabilise the club’s finances and an additional commitment towards restructuring and clearing debts.

Everton’s short-term debt stands at about £200 million to £230 million and there would be significant money made available for squad strengthening subject to Profit and Sustainability Rules.

In addition, Vici is keen to work with the local authorities on the regeneration of the area by the club’s new 52,000-seat stadium at Bramley-Moore dock on the banks of the River Mersey. Talks have already taken place with local politicians.

Harris, who left the Everton board in 2019, has overseen a number of high-profile takeovers in the past, including the sale of Chelsea to Roman Abramovich and Randy Lerner’s purchase of Aston Villa.

[Cozzie]

Yeah that sounds FAR to good to be true, but shitting horse porridge, they sound like the ideal candidates. Fingers crossed.

[Silas]

Yeah that's FAR too good to be true.

[Zoolander]

Bobble reporting this too now.

I feel uneasy, we’re not supposed to have nice things

[sam of the south]

Get real, lads

[Shogun]

We're back baby

[ilikebrunettesisback]

2 western hemisphere Billionaires. Must be Yanks

[Dchans]

Well this has a better outlook all of a sudden

Come on ffs. Get the money in.

[Cozzie]

Moshiri is still gonna go with A Cap isn't he?

[Brownie]

Moshiri is still gonna go with A Cap isn't he?

100%

[Bluedylan1]

Just make a fucking decision, Moshiri, you bad bell-whiff.

Take your prom-queen ''they all want me, I'll make my choice in good time'' energy somewhere else.