Everton in middle-east takeover?

[Prestwich_Blue]

Thanks, probably a stupid question then, why over 30% do they have to make the offer ? I assume that if they couldn't afford to buy all the shares, they wouldn't buy over 30%, or they could effectively be forced to buy the rest, if the rest got together and called their bluff ?

That's the law. John Wardle never had more than 29.9% for that reason.

 

[Peter Doherty]

can't wait to see all the empty seats at everton next year. as the everton fan on the tram to the semi final said to me " id rather not go than support a club owned by middle eastern oil money"

hope they have fun trying to buy success

'Oil money' is racist code for 'arabs'.

 

[cleavers]

That's the law. John Wardle never had more than 29.9% for that reason.

You'd have to be confident you could afford them all then, or that someone would refuse to sell. I wonder who has the remaining 50.1%, I presume Kenwright will have kept some.

 

[CatMan]

Whatever money this fella brings, in the pecking order they will hardly be buying top players.

Facts are, and will remain that they have the worst stadium in the premier league, they do not have even 2nd level European football to offer, they have won nothing in over 20 years, and ultimately any player will look at the package will say sod living there and playing in that matchwood stadium.

 

[blueparrot]

You'd have to be confident you could afford them all then, or that someone would refuse to sell. I wonder who has the remaining 50.1%, I presume Kenwright will have kept some.

I guess you only have to offer once, unless you buy more shares, so if he offers at the time of the initial offer and it's turned down that's the end of it, that's only my guess though . PB ?

 

[cleavers]

Facts are, and will remain that they have the worst stadium in the premier league

I think Selhurst might make it a close run thing, and Vicarage road.

 

[Prestwich_Blue]

I guess you only have to offer once, unless you buy more shares, so if he offers at the time of the initial offer and it's turned down that's the end of it, that's only my guess though . PB ?

That's right, as far as I know.

 

[Prestwich_Blue]

Looks like the Planet Hollywood guy, Robert Earl, has sold his 24% holding in full and Kenwright (who has 26%) and Jon Woods (19%) have sold some part of their holdings to make up the other 25.9%. The exact details are unlikely to be known until the deal has been formally approved by the PL but I believe there are circumstances where a mandatory offer is not necessary. But most of those would require the other shareholders to approve. Otherwise they're at a disadvantage to the shareholders who have been able to sell their shares. We'll see what happens in the coming weeks.

 

[BoundedCascade]

Whatever money this fella brings, in the pecking order they will hardly be buying top players.

Facts are, and will remain that they have the worst stadium in the premier league, they do not have even 2nd level European football to offer, they have won nothing in over 20 years, and ultimately any player will look at the package will say sod living there and playing in that matchwood stadium.

Besides the stadium it sounds like us in 2008.

Not saying it will be the same level of investment but we can't count them out.

That being said, they said they wouldn't want dirty arab oil money so the hypocrites are just that hypocrites.

 

[Vienna_70]

This should shake the old order even more and push us even further down the road of a European Super League by invitation only. Good on the toffees.

Old order?

Don't forget, or maybe you don't know, that Everton was one of the original 'Big Five', along with their red Scouse 'cousins', the two North London clubs and the Trafford scumbags, who bullied all the other clubs into accepting their proposal that home teams keep ALL gate receipts, rather than splitting them 50/50, as had previously always been the case.

However, I welcome the investment in Everton, as it will make the top of the Premier League more competitive and perhaps even push the rags further down the table.