Report: Moshiri decides against selling Everton

07/03/2023 98comments  |  Jump to last

It is being claimed in the media that Farhad Moshiri is no longer entertaining an outright sale of Everton due to concerns that it could cause his relationship with Alisher Usmanov to be scrutinised by the UK Government.

There has been ongoing speculation that Moshiri has received concrete interest in and serious offers for the club which he reportedly values at £500m but he has ruled out selling his full stake for now due to his past association with the Uzbek-born oligarch who was sanctioned by the United Kingdom and European Union last year following Russia's invasion of Ukraine.

According to the Daily Mail, New York-based investment firm MSP Sports Capital are expected to conclude their bid for a minority stake, believed to be around 25% for £105m, instead.

Government sources have told the paper that they are keeping a watchful eye on any sale of Everton, particularly in light of the recent publication of a White Paper on the creation of an independent football regulator that will give them so-called 'back-stop powers' to prevent takeovers not deemed favourable to the integrity of the domestic game. 

There has been suspicion, heightened by the leak of the so-called Paradise Papers in 2017, that Moshiri's original shareholding in Arsenal, the proceeds from the sale of which he used to buy into Everton the previous year, was a gift from Usmanov, although any involvement from the Russian national has been strongly denied by the club and the British-Iranian's camp.

Everton cut their commercial ties with Usmanov's business entities last year following Vladimir Putin's decision to attack neighbouring Ukraine which included the loss of key sponsorships from USM Holdings and subsidiary Megafon.

 

Reader Comments (98)

Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer ()


Brian Hennessy
1 Posted 07/03/2023 at 18:34:26
Surely if Moshiri has concerns his relationship with Usmanov could be scrutinised by the UK government, the best thing to do would be to sell up now?
Mark Taylor
2 Posted 07/03/2023 at 18:34:28
So the government thinks Moshiri's wealth was gifted by Usmanov? Very possible, even probable. The former was just a jobbing accountant so how else could be be wealthy?

However, that happened before sanctions so should be of no interest to the government now, unless they are concluding it wasn't really a gift and Moshiri owes Usmanov back from his interests in Everton.

If that is true, and could be shown to be so, we are screwed.

Mark Ryan
3 Posted 07/03/2023 at 18:37:42
Kenwright strikes again.

Well done, Bill, I hope you're pleased with yourself… you gold-plated welt.

John Cook
4 Posted 07/03/2023 at 18:44:39
How then was Chelsea sold?

Can someone explain the difference?

Tony Abrahams
5 Posted 07/03/2023 at 18:47:34
I still think he will sell.
Ernie Baywood
6 Posted 07/03/2023 at 18:50:08
Mark and John, I'm assuming the Government's interest is more to do with who we might sell to, rather than if we sell?

There's talk of the 'fit and proper' test actually weeding out crooks.

Mark Ryan
7 Posted 07/03/2023 at 18:50:28
John Cook.

A very good question but I think no profit was passed on to Abramovich. I suspect Usmanov might be asking a more difficult question of Moshiri.

Barry Hesketh
8 Posted 07/03/2023 at 18:52:13
John @4,

We've had two (or is it three?) Prime Ministers since Chelsea were sold and this current one seems to want to do something about football and its ownership 'tests'. Just so "Everton that", isn't it?

Having said that, it's unsurprising if Moshiri waits to sell and probably will do so on completion of the new stadium.

Bobby Mallon
9 Posted 07/03/2023 at 18:56:32
Brian, I agree fully.
Bobby Mallon
10 Posted 07/03/2023 at 18:59:07
John Cook…

Exactly, it's all bollox. He will sell if the price is right.

What he needs to do is fuck Kenwright off.

Derek Taylor
11 Posted 07/03/2023 at 19:05:50
Wouldn't he be wise to sell the Club whilst it is in the Premier League?

Relegation would probably see its market value halved.

Paul Tran
12 Posted 07/03/2023 at 19:18:19
Chelsea was owned by an oligarch clever enough to squirrel some money away before he sold Chelsea quickly. In that process, he complied with the UK government's requirements.

The potential story here is that Usmanov, the oligarch, is seen as the owner in all but name, with Moshiri as the front man. I'm guessing this story will run till it reaches its legal conclusion.

Dale Self
13 Posted 07/03/2023 at 19:24:38
I agree with Tony. This is cheap talk, as they say in game theory. He now thinks we will stay up and is resetting the bids. We are not the intended audience, in my opinion. As if we ever are.

If Moshiri has British citizenship, then the Specially Designated National process is not applicable to his case. Could get weird.

Andrew Haizelden
14 Posted 07/03/2023 at 19:25:49
Re selling the club and the new ground, does anyone recall what happened to Clydebank FC a while ago?
John Keating
17 Posted 07/03/2023 at 19:35:32
"Fit and proper ownership tests"

I doubt many Clubs worldwide owned by billionaires would pass those tests.

Wherever there's money, there's usually corruption and dirty dealing somewhere along the way.

Derek Taylor
18 Posted 07/03/2023 at 19:36:28
Andrew, tell us, please!


Christine Foster
19 Posted 07/03/2023 at 19:36:38
As far as I am aware, Moshiri has no links to the Russian government, unlike those already sanctioned. The purpose of those sanctions is to penalise Putin by reducing the power and wealth of his friends, who by default gained their wealth through influence of the Russian leader.

Moshiri is not Russian, he holds British citizenship, he is one or two steps down the feeding ladder from any possible position of influence. He may be personal friends of Usmanov and gained his wealth through that friendship, and even sought help and advise through that friendship, but it would be a significant step for the UK government to go after those who have no influence over Putin and therefore would not in any way be thus justified.

If they did, then every second-tier businessman who dealt with or knew a sanctioned oligarch would be at risk. That's half of the financial sector of London and most of the key real estate holdings there as well.

If Moshiri got done, there would be panic within every business acquaintance who profited in London. But this is Everton — ever prone to be made an example of...

Kevin Molloy
20 Posted 07/03/2023 at 19:39:03
Phew! I was worried there for a while that he was going to sell to someone who knew what they were doing!

Back on board the Ship of Fools everyone, we are ready to cast off!

Tony Everan
22 Posted 07/03/2023 at 19:42:48
Is this all that it appears? He's been in negotiations with MSP and others. They have a price they're happy with. Mr Moshiri is saying he wants a better deal or won't sell at all.

I think he will still sell, or sell an initial stake, if he can get closer to what he wants. Possibly everything is on hold anyway, contingent on our Premier League status.

Pete Neilson
23 Posted 07/03/2023 at 19:44:46
£2.3B from the sale of Chelsea is due to go to the Ukraine via a charitable foundation but this is awaiting approval from the Charities Committee. Even then, it will need EU approval. In the meantime, Abramovich is suing the EU over the sanctions. The EU has lost about two-thirds of the legal challenges on previous sanctions that it has imposed.

Surely all different to our position. Everything is in Moshiri's name and he's not Russian. The government and EU can't touch him under current sanctions although Usmanov might be pissed off that he's handed all that money over to Bernard Bresslaw.

Robert Tressell
24 Posted 07/03/2023 at 19:45:42
Everything is for sale for a good enough offer.

Brian Harrison
25 Posted 07/03/2023 at 19:48:45
So, if the Mail is right and Moshiri is worried about an investigation if he sells the club, then how does he eventually sell the club?

There is no doubt that Alisher Usmanov was the driving force in Moshiri becoming Everton's majority shareholder. He gifted the Arsenal shares that Moshiri owned, and then sold those shares to become the major shareholder at Everton.

Also what's indisputable is that both Ancelotti and Benitez both have talked about talking to Usmanov prior to becoming the manager at Everton. Now I can't ever remember a sponsor interviewing prospective managers.

He poured in tens of millions via the Finch Farm training ground, and he put £30 million into the club just to be able to be first in the queue for the naming rights of the new Everton Stadium at Bramley-Moore Dock.

I guess there must be a reason why Usmanov didn't want to be the majority shareholder, so decided to place his accountant as the major shareholder – knowing he would do whatever Usmanov told him to.

Bill Gall
26 Posted 07/03/2023 at 19:52:17
In 2016, Usmanov and Moshiri co-owned 30% of shares in Arsenal. It does not state the individual amounts they had, Moshiri sold his shares to Usmanov so he could purchase shares in Everton to become owner. Later on, Usmanov sold his shares to Kronkie so he could become majority shareholder of Arsenal.

There was no doubt that there would be a financial cooperation with Moshiri and Usmanov and Usmanov did say he did not want to own the club but would help out his friend if he needed it. That was before the war with Ukraine that brought down the sanctions.

These oligarchs are being scrutinized from financial investigators to law officers all over the world, and I am sure that both Everton and Moshiri will be very cautious over any past or future dealings with Usmanov.

Moshiri most probably will want to sell his shareholding in Everton but will want to make a profit, and this time of uncertainty with the club struggling and the stadium only partially built is not the time.

The best thing for the club is if the American MSP Sports Capital come in with positions on the board, with 1 replacing the Chairman.

From what is being said, if they want to investigate ownership, they should start with the Newcastle Ownership.

Pete Neilson
27 Posted 07/03/2023 at 19:59:23
Brian, anything Usmanov owns can be called upon by Putin with no notice. All the oligarchs live with this threat and many “gift” money/assets to a trusted non-Russian friend. All paperwork is in order, signed off by the Premier League.

Could just be media chatter or there could be some politics involved, eg, throw Everton under the bus to distract attention from the elephant in the room that is the Saudi takeover of Newcastle and what's now coming out in the Liverpool case.

Andy Crooks
28 Posted 07/03/2023 at 20:03:14
Andrew, I most certainly do recall Clydebank. I lived there, went to the games at Kilbowie, my ex's nephew played for them.

I was at the magnificent Aberdeen game. Wet Wet Wet, Marti Pello, Kojak, Singers sewing machines. Life owed to that town.


Derek Taylor
29 Posted 07/03/2023 at 20:09:04
So what happened at Clydebank?
Brent Stephens
30 Posted 07/03/2023 at 20:25:15
Is Moshiri concerned that the government assumption might be that Moshiri bought EFC using Usmanov money; and that the government would claw back any proceeds from any future sale of EFC, seeing it as Usmanov money?
Jerome Shields
31 Posted 07/03/2023 at 20:39:53
I just think that Moshiri never had any intention of selling Everton outright and that the Mail's speculation on possible sanctions connections is fanciful claptrap.

I think that Moshiri's main interest is a Real Estate investment, consisting of Everton-related properties, under separate management from the club. He is therefore wanting additional investment in the club by a vested interested investor to take the management of the club forward, to increase its value.

Most would realise the latter is necessary.

Raymond Fox
32 Posted 07/03/2023 at 20:49:20
Newspaper shit stirring again.

Phases like 'claimed in the media' and 'goverment sources have told the Mail' oh yeah?

A bit vague don't you think and easy to invent.

Derek Thomas
33 Posted 07/03/2023 at 21:18:44
IF, he's not 'a fit person'...and that can be defined more than a few ways...is that from a PL perspective or a fans perspective?

So, if he sells, that must be good ?? And thus the new owners should the ones under scrutiny ??

Possible translation; He hasn't had a offer he can live with yet.

Christy Ring
34 Posted 07/03/2023 at 21:33:31
MSP are in advanced talks for 25%, over £100m, so in my opinion they'd check everything, scrutinise the books, Mail talking crap as usual.
Danny O’Neill
35 Posted 07/03/2023 at 21:54:47
Paul Birmingham
36 Posted 07/03/2023 at 22:21:00
This needs clarity, as there’s many scenarios, but as supporters of Everton, this will raise many questions and concerns.

Focusing on the football side this mid week, as it’s a very tough game v Brentford.

But some basic questions, will be asked, but will Everton issue a statement when, it’s the right time to do so, on this issue?

That’s part of the anchor and the barnacles making the dead weight that have gradually brought Everton down, in terms of a functional and effectively run business.

Good news that Isaac Price, has been called up for NIs, first team.

Good luck to the lad, and he and a few others in the u21s, will see the coin drop for them, in their career pursuit, at the end of this season.

Now for Brentford, this will be some game.

UTFTs!

Philip Bunting
37 Posted 07/03/2023 at 22:26:33
So let me get this right...Mosh told the world in an online interview with our fans which was made public to all, he was not selling the club and was only looking investment weeks and weeks ago now then all of a sudden the mail today announce that Mosh wont sell the club and is only after investment lol...Genius...I'm sorry here but why do we have a thread reporting the bleeding obvious and is this the best Jounalism the uk has to offer.
Nick Page
38 Posted 07/03/2023 at 22:46:56
First thing Moshiri needs to do is get rid of the big fat fucking cryarsing cancer that is Kenwright, his mate, Baxter and all the other piss poor useless acolytes that have been taking the piss out of us for years and years. Massive clear out. The entire lot of the bastards. All gone. P45’s.

Then, very simply start to actually employ competent people - they do exist - who can run a football club. There is absolutely zero prerequisite that anyone employed by the football club needs to have some historical ties to it.

And then we move forward. So get it fucking done Moshiri you dithering twat.

Danny O’Neill
39 Posted 07/03/2023 at 23:19:42
It seems a nothing story. Surely if the Government was involved, this would be being reported outside the Aunty Daily Mail Women's institute?

Nick. Pour a glass of wine and relax. We've got Brentford to think about.

Don Alexander
40 Posted 07/03/2023 at 23:27:00
Maybe by chance tonight on English Northwest TV there was a lengthy item praising EITC to the nines.

Hmm, regarding timing.

They say they're open to helping anyone at all, with whatever mental difficulty they think they face.

One such punter was powerfully afflicted. He said he didn't live anywhere near Liverpool but he was terrified to visit even though he now realised he'd been financially shagged senseless by the biggest c**t he'd ever encountered in decades of international financial dealings. He said he didn't know where to turn and was right at the end of his tether. He pleaded for help.

He also alluded to some bloke overseas who frightens him but has never done him any harm to date, unlike the aforesaid.

DBB, the boss of EITC, helpfully said she would leave no stone unturned to resolve his anguish, but only after she consulted with a more qualified "partner".

So that's that sorted then.

What a great charity......... dedicated to helping folk who've not necessarily got a clue about football or Everton.

Danny O’Neill
41 Posted 07/03/2023 at 23:32:15
Is that on the BBC Don?
Colin Glassar
42 Posted 07/03/2023 at 23:44:29
Will this public embarrassment ever end?
Mark Taylor
43 Posted 08/03/2023 at 00:45:36
Ernie 6

I'm thinking more along the lines of what Paul Tran said in post 12.

I know it's always denied, but what if Mosh owed Usmanov and the latter wants his money back? That couldn't easily happen if Mosh sells right now, given sanctions. Instead, get some external investment in now to finish the stadium and sell out (and repay) later when maybe the dust has settled

Don Alexander
44 Posted 08/03/2023 at 01:39:13
It bloody well should be Danny!
Eric Myles
45 Posted 08/03/2023 at 04:52:13
So what the article is effectively saying is that if Moshiri sells the Club he will be investigated, but if he doesn't sell he won't be investigated.

Sounds like coprolite to me, if there's suspected wrongdoing they would investigate notwithstanding.

Paul Hewitt
47 Posted 08/03/2023 at 08:19:45
The Premier League would love it if we got relegated. Then we would be The Championship’s problem. More dodgy decisions against us in games, I think.
Derek Knox
48 Posted 08/03/2023 at 08:24:03
Does anyone know who the other two mooshes are, next to Moshiri on his right?

They appear to be looking in the Maggot's direction, as if to say, "Another Fine Mess!"

Jerome Shields
49 Posted 08/03/2023 at 08:32:56
One of the obvious questions is would the Government be bothered.Sanctions in relation to Oligarch 's connections is well out of the News cycle and the Government seem to have their hands full at the moment with numerous immediate problems.The new football regulator will look at things from when they start and Moshiri has never been connected with sanctions himself.

The other point is that Moshiri has been aware of the possibility of the dangers of dealing with Regulatory Authorities before he bought a Everton Share and set up his investment at arms length with this in mind.This left him open to having to deal with Kenwright and falling for his bluff like us all.Kenwright having found his 'billionaire ' it could be said has proved to be worse than any Government sanctions.

John Bourne
50 Posted 08/03/2023 at 08:40:58
There is little danger of this government going after Russian money, it would open them up to a level of scrutiny they would find extremely uncomfortable.
Danny O’Neill
51 Posted 08/03/2023 at 08:59:33
John, they've been accepting Russian money for decades.

You're correct. They are just taking the proverbial moral high ground after years of having their snout in the Russian trough and ignoring where the money has been coming from.

It would be hypocrisy of the highest order to persecute, when they themselves have been dining on caviar and drinking Vodka for years.

I totally get that this current stance is understandably driven by the tragic and brutal events we are witnessing in Ukraine. But where were they in 2014 when the Crimea was annexed? The Crimea being Ukraine. A bit of shouting but no outrage or sanctions and Abramovic was still present at Chelsea.

Anyway, back on track, I am of the belief that Moshiri is going to see out the stadium. He's invested too much in it and just wants an investment partner. Once he gets us there, he will probably hand over the keys.

It wouldn't surprise me if this alleged 25% stake is a foot in the door for an agreed takeover once the stadium is built for the potential investors.

The latest footage of the stadium, by the way. The new Everton Stadium on the Mersey at Bramley-Moore Dock is really starting to take shape. She's looking fine.

Mark Ryan
52 Posted 08/03/2023 at 09:08:22
This selling game is all bullshit.

Bill: "How do we get the fans off our backs? They keep saying ‘Sack the board’."

Farhad: "I'll tell the gullible fools that I'm selling up and they will take their foot off the accelerator where protests are concerned. They will then become more interested in who is buying the club. They won't want to annoy me during that process.”

Bill: "Good plan… but what if they get bored and rumble us?"

Farhad: "If we start winning games and look like we are not getting relegated, we'll just pump them full of shit about how well the stadium is coming along."

Bill: "What happens if we keep losing games and the protests start again?"

Farhad: "I'll pretend I'm selling up again and they'll go quiet again."

Bill: "You're the best, Farhad!"

Matt Traynor
53 Posted 08/03/2023 at 09:16:25
Danny #51, good question – where was the Western outrage in 2014? Nowhere… they even let Russia host the World Cup in 2018.

Read an article on the BBC website about a group of Arsenal fans who formed a new club – Dial Square FC – based on the original name. Trying to find a ground near the location of the historical factory that the team came from. Their motivation? Too much money in the game, too expensive to be a fan.

So, who's for re-forming St Domingo FC?

Mal van Schaick
54 Posted 08/03/2023 at 09:45:18
Wouldn't it be typical of the owner and the board, that the club will survive relegation by a few points and then be relegated on a points deduction because of the mismanagement of the club.

Watch this space.

Andrew Ellams
55 Posted 08/03/2023 at 13:58:24
I don't care about Moshiri or Usmanov, I want to know what happened to Clydebank.
Paul Hewitt
56 Posted 08/03/2023 at 14:21:27
Andrew@ 55. They went bust.
Eric Myles
57 Posted 08/03/2023 at 15:31:32
Matt #53, I'm in, still got my white Alan Ball boots in the attic somewhere, although I was a much better right back.

Do they do a veterans league?

Eric Myles
58 Posted 08/03/2023 at 15:35:12
Derek #48, I only see one in the pic and I guess he's a bodyguard. Looks ex-KGB to me.
Dave Abrahams
59 Posted 08/03/2023 at 15:40:48
Paul (56) Didn’t they come back under another name?
Matthew Williams
60 Posted 08/03/2023 at 16:14:21
One word seems to sum up our current owner... Dodgy!

Please sell up and fuck off and take our shower of shite board with yer.

COYBB

Derek Knox
61 Posted 08/03/2023 at 16:51:55
Wrong thread I know, but my mate from the midlands has just said we really missed a trick with not getting Viktor Gyokeres, from Coventry in the January Window. Allegedly we offered £17/18 M and they wanted £23M, now whether that is true I don't know, but very believable.

He is playing really well and knocking them in and providing assists too. Can't blame Dyche as he had only a day in the job before the Window shut. It is almost a very unfunny joke the situation we are in with strikers, or rather lack of them, we get a chance to add, 2 apparently (Danjuma and Sulemana) agreed then did a runner. To crown it all we can't even call on Cannon or Dobbin who have been loaned out. Mind you Simms was recalled and can't get a look in because Maupay is setting the World Alight. :-)

Barry Rathbone
62 Posted 08/03/2023 at 17:00:17
Grim news that the Moshster is remaining.

Whatever part he's been acting at Everton the guy has been a disaster from minute one even with Usmanov money. Now it's gone, Lord knows where he will take us. He is one of the donkeys of "Lions led by Donkeys" notoriety.

Paul Tran
63 Posted 08/03/2023 at 17:22:11
Everything has its price. I've always held the view that Moshiri wants to complete BMD in order to sell at the optimum price. That strategy may come unstuck if we get relegated. There'll be plenty hanging around, waiting to buy us at their right price. In the meantime, no-one's made an offer compelling enough for him to sell sooner, so until that happens, he's the owner, Bill's in place.
Paul Hewitt
64 Posted 08/03/2023 at 17:41:51
David@59. They are still called Clydebank, but they play in amateur league.
Pete Neilson
65 Posted 08/03/2023 at 18:30:56
I don't think BMD on its own makes the club an attractive investment. Even more so than Spurs, who can host events such as NFL, we need a team that can challenge at the top end of the table to get an optimum price.

Other owners such as the Venkys at Blackburn, Fernandes at QPR and even Khan at Fulham (now potentially paying off) spent over £200m each investing in their clubs. Less than Moshiri but still substantial amounts. They didn't panic and sell up when they were relegated otherwise they would then have realised their losses.

Regardless of how this season ends, as long as Moshiri has the means to get by without selling there's no immediate end in sight to his disastrous ownership. He'll only sell when he has to. Could be months but it could be years.

Allen Rodgers
66 Posted 08/03/2023 at 18:43:07
Eric @ 58 and Derek @48,

Is that the ghost of Michael Foot making a quick getaway?

Dave Abrahams
67 Posted 08/03/2023 at 18:46:00
Paul (64),

I thought they were bought out and renamed as Airdrie United but other fans regrouped Clydebank and went in non-league football.

Phil Gardner
68 Posted 08/03/2023 at 20:01:18
Moise Kean, Gordon and Richarlison… all gone. £130-140M pocketed, never mind their wages. And yet, we couldn't stump up a red cent in January for a striker?

Kiss my arse, Everton… we actually deserve to go down with this bunch of shitbags in charge.

Len Hawkins
69 Posted 08/03/2023 at 20:49:10
If those on high at The FA didn't think there was anything out of the ordinary with Moshiri's links to Usmanov, they probably do now that Moshiri has all but admitted there is something dodgy between him, Usmanov, and Everton Football Club.

By saying if he sold the club, they might investigate his links to Usmanov – that is an open invitation to get us into the National League North.

Barry Hesketh
70 Posted 08/03/2023 at 21:08:27
Len @69,

I'm confused – where has Moshiri all but admitted that there is something dodgy between him, Usmanov and Everton Football Club?

I can understand people joining the dots to fit their own narrative, but I have constantly read that Moshiri has always said the club belonged to him and the shareholders, which doesn't and never has included Usmanov.

Derek Thomas
71 Posted 08/03/2023 at 21:33:51
Matt @ 53; if it all really, really, turns to custard, the instigator of headlockgate might try to emulate Glasgow Rangers and beat you to it... registering the domain name etc might be a nice investment.
Lenny Kingman
72 Posted 08/03/2023 at 21:39:21
I've got to get out of this place, if it's the last thing I ever do.

Eric Burdon's words may be resonating with Farhad on his gold-plated Apple player right now.

Barry Hesketh
73 Posted 08/03/2023 at 22:24:00
Whatever happens relating to buy-outs, investors etc, they must realise that the moments in the video below is what this club and its fans crave for:

John Motson tribute

Paul Kossoff
74 Posted 08/03/2023 at 23:11:02
What the UK government is doing to anyone Russian is akin to what the American government did to the Japanese people during the war.

The internment of Japanese Americans in the United States during World War II was the forced relocation and incarceration in concentration camps in the western interior of the country of about 120,000 people of Japanese ancestry, most of whom lived on the Pacific Coast. Approximately two-thirds of the internees were United States citizens. Guilty by association, bloody hypocrisy.

What about rounding up all the Germans for WW2 – same thing isn't it? Where would you draw the line?

Don Alexander
75 Posted 09/03/2023 at 00:57:54
Paul, with respect, what FDR authorised over 70 years ago isn't relevant to the antics of the present day.

70 years ago there wasn't social media to comment on the incarceration of all those people as there is today, or any such gross distortion of reality, (not that the bent bastards these days at the top are dissuaded from their endless conceit, hypocrisy and lies - but at least anyone with a brain bigger than an amoeba can comment without the fear of personal retribution).

In the UK we now live in challenging times. Lil ol me tries to hold true to the dying words of Frederick Douglass, a black slave in the USA who spent decades founding the principle of free expression. He was asked on his death-bed by earnest young fans for advice on how they they might advance his admirable principles.

He said, "Agitate, agitate, agitate!",,,,,,and that's good advice.

As Toffees we live in way worse peril, but should agitate and then some. .

Kieran Kinsella
76 Posted 09/03/2023 at 03:46:29
Paul,

The Japanese comparison is ridiculous as no one is being herded into camps. But you do have a point.

The biggest issue to me is the hypocrisy. The government were happy enough to take Russian money to boost the economy until the Ukrainian war. Now everyone by association is a Putinphile. The same logic was not applied to all the Saudis or indeed Crown Prince Mohamed when he killed Khashoggi and invaded Yemen.

Likewise, Britain was all about Mubarak in Egypt, and the Queen even gave an award to Ceacescu in Romania… until they didn't and suddenly they were pariahs.

There is a palpable anti-Slav bias and the further East you go, the worse it is. Ethnic Bosnians, Kosovans, Croatians want to break from Yugoslavia in territory that was historically Serb. Atrocities committed by all sides and these groups were pro Nazi in the war but they are freedom fighters and the Serbs are all bad.

Ethnic Russians in Donetsk and traditionally Ukrainian territory who fought the Nazis in the war want to break away and they are all bad.

Now obviously Putin is a scum-sucking murderous piece of vermin. But do sanctions hurt him and his billionaire friends or do they hurt the working-class pensioner in Omsk who's never been near Ukraine? I think we know.

The oligarchs are not nice people and yes they profited within that regime. But are they any different from the hooray Henry class whose ancestors profited from the East India Company and Caribbean plantations in the British Empire? No.

Did our billionaire elite see their assets seized by foreign powers over the Falkland's War? The invasion of Iraq based on false claims of WMD? No.

So, again your internment camp comparison was ridiculous but you have a point.

Neil Carter
77 Posted 09/03/2023 at 04:58:14
Too much money in football nowadays for anyone in authority to have a conscience about funding morality anymore.

Our current financial situation and strategic financial silence from the owner and board over the last 12 months is confirmation our main funding is sanctioned. Not even enough money to finish the ground let alone invest in players to retain our Premier League status.

And now the danger of government investigation of any funds generated from the sale after questions over ownership already having been raised in parliament. What a dirty greedy mess modern-day football has increasingly become.

Eric Myles
78 Posted 09/03/2023 at 06:18:56
Don #75,

"At least anyone with a brain bigger than an amoeba can comment without the fear of personal retribution."

There's some Canadian truckers that might disagree with you, along with lots of people who had their Twitter, Facebook or YouTube accounts shut down for asking questions some people didn't like.

Eric Myles
79 Posted 09/03/2023 at 06:31:22
Not even enough money to finish the ground

Neil #77, Moshiri has said that he can fund the ground completion himself if needs be.

So I wouldn't worry on that score. It's just what league we'll be in when it's opened.

Laurie Hartley
80 Posted 09/03/2023 at 07:54:03
A thought occurred to me today. Apart from big yachts and mansions being seized, does anyone know how much actual cash (if any) has been seized and who is looking after it?

Pete Neilson
82 Posted 09/03/2023 at 08:42:06
Laurie (80)

The figure at the end of 2022 was €19B seized and €300B central bank funds blocked in the EU. Add to that another £18B frozen in the UK. There's no legal way of spending this yet although politicians are pushing for it.

Russia and its oligarchs are arguing that the seizures are illegal. Based on the EU record in other seizure cases, the Russians are probably pretty confident.

Laurie Hartley
83 Posted 09/03/2023 at 10:11:39
Pete # 82 - they are big numbers. I am not surprised by them however. Do you mind if I ask where you got that information from?
Laurie Hartley
85 Posted 09/03/2023 at 10:49:30
Thank you Michael for keeping us “on topic”
Pete Neilson
86 Posted 09/03/2023 at 11:05:05
Laurie, it's all in my account! I wish.

Just keeping up to date with general media sources and there are a few sites with detailed reporting on EU/UK/Russia activity (Consilium).

As Lou Reed sang “Don't believe half of what you see and none of what you hear” – so I try to read a few and hopefully get a clearer picture.

Not read anything about Maupay on them though.

Derek Taylor
87 Posted 09/03/2023 at 14:09:27
Perhaps Uncle Bill will put together a private equity funding group to buy Moshiri's shares. Thus we can continue to have the benefit of his guidance as we slide down the leagues…
James Marshall
88 Posted 09/03/2023 at 14:17:12
All the talk of 'best ground in the Championship' will only come to pass if we fail to come back up next season.

There's every chance we'll be a newly promoted team when the new ground opens.

Or not.

Anthony Hawkins
89 Posted 09/03/2023 at 14:27:54
Clearly I don't know for certain, nor do I have evidence, however... I suspect there was a gentleman's agreement between Usmanov and Moshiri with the shares gift.

Possibly "Here's some shares but if you ever sell I want the money back." If so, of course it will cause an investigation with monies being paid to Usmanov.

David West
90 Posted 09/03/2023 at 16:53:41
I mean, it's so dodgy it's unbelievable. I lost faith in Moshiri being the right man for our club a while ago.

Why would anyone "gift" the Arsenal shares to a man who, by all accounts, had over a billion or two himself?? People can try and explain it away but it… stinks!!

He may build the stadium and pay for it, that's his goal, his end-game, but the state he's brought our club to is just frightening.

Going down would be the worst thing for him. Lost revenue, lost TV money, lost sponsorships, lower sell-on value for players who are on big money, way stricter P&S rules in the EFL — it would be carnage.

Which makes it all the more baffling why they didn't strengthen the team.


Ed Prytherch
91 Posted 09/03/2023 at 17:22:06
Anthony, do you believe that Usmanov and Moshiri are "gentlemen"?

Maybe Al Capone was a gentleman too.

Dave Abrahams
92 Posted 09/03/2023 at 17:44:04
Derek (87),

Bill might just mortgage his house again or get some friends to lend him the money to buy those shares.

Dennis Stevens
93 Posted 09/03/2023 at 18:20:41
"Again", Dave? I presume that was posted with tongue firmly in cheek!
Tony Abrahams
94 Posted 09/03/2023 at 18:46:25
If someone could guarantee that Everton would come straight back up, James @88, then I'd bite their hands off right now.

Through the despair of relegation, then the very silent board, (has anyone heard them speak since they sickeningly exposed themselves?) would be removed.

We could then have a happy last season at Goodison, instead of the persistent mundaneness, that has been prevalent throughout the last few decades, and Everton Football Club might even begin to reset.

I know this is just a fairytale, because our finances are that bad, it will allegedly cripple us, but if my fairytale could become reality, then I'd take the heartbreak and the obvious despair, just to see real happiness further down the line.

Laurie Hartley
95 Posted 09/03/2023 at 20:53:49
Pete # 86,

I am sure you are not alone in wishing that €337 billion was in your account – as well as the politicians you mentioned.

I have got a couple of Lou Reed CDs somewhere – must dig them out and have a listen.

As for our owner – methinks he might as well put his money into something tangible like one of the best football stadiums or entertainment venues in England as opposed to letting the experts he employs spend £600M with nothing to show for it or finding his bank account locked.

I feel the authorities would be hard-pressed to seize that off him seeing as how they let him engage and pay an English company to build it. Even more so if an American investor buys into the project.

But who knows – it seems that these days, depending on who you are, the rules are – there are no rules.

Paul Kossoff
96 Posted 09/03/2023 at 00:00:42
Mick, I wish you and others would stop using the c-word as a description for a football chairman. Surely you could see some people would be offended by that disease being used as a throw-away line.
Paul Kossoff
97 Posted 10/03/2023 at 00:13:13
Kieran 76,

I used the internment of innocent Japanese as an example of painting everyone the same colour, in other words, guilty not by association but being from the same country.

I don't think it is as far-fetched as you make out that corrupt nations, as most are these days would draw the line at anything to protect what they have, illegal or not.

Kieran Kinsella
98 Posted 10/03/2023 at 01:53:18
Paul,

Fair enough. To your point, as recently as 2011, France under Sarkozy illegally rounded up and expelled tens of thousands of Romany people, targeted for their race and deported to the Balkans in spite of Freedom of Movement laws.

Len Hawkins
99 Posted 10/03/2023 at 17:54:27
Barry #70

I didn't see any dots to join up but I was quite good at English at school when Moshiri said he was not selling the club because it might invite scrutiny in his dealings with Usmanov. So if there were no things that would attract scrutiny why did he say it.
Even Inspector Clouseau could disseminate that, Moshiri is like the kid covered in chocolate and chocolate cake everywhere saying it wasn't me.

James Flynn
100 Posted 17/03/2023 at 22:55:46
Why Everton's new stadium will be better than Spurs' new one? Here's a brief video that explains it well.

Why Everton’s New Stadium will be better than Tottenham’s New Stadium


101 Posted 28/04/2023 at 13:08:06

102 Posted 28/04/2023 at 13:08:10
JYupWMLWLink

103 Posted 28/04/2023 at 13:08:25
JYupWMLWLink

104 Posted 28/04/2023 at 13:08:33
JYupWMLWLink

Add Your Comments

In order to post a comment, you need to be logged in as a registered user of the site.

» Log in now

Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site.


How to get rid of these ads and support TW

© ToffeeWeb