Everton buyers to make Farhad Moshiri wait for his money in takeover verdict
Everton owner Farhad Moshiri could be made to wait for his money when he eventually sells the club, according to Darragh MacAnthony.
Speaking on talkSPORT with Alex Crook and Sam Matterface (23 July, 10:52), the Peterborough United chairman suggested a hypothetical scenario whereby the Toffees’ majority shareholder could be paid back his stake over a 12-year period due to the other costs involved with the purchase of the club.
After the news that Dan Friedkin’s buyout had been called off, Crook doubted that Moshiri would still be in line to make a profit, if and when a successful takeover bid goes through at Goodison Park.
MacAnthony replied: “Moshiri’s probably owed £200million or whatever else, he’ll get his £200million back (but) you’re absolutely correct, he won’t turn a profit.
“What he might have to do is wait for his dough over time, because if I’m going in and buying Everton I’m saying – ‘look, I’m finishing the stadium, I’m buying the club, I’m taking over all the all the debts’.
“You know what Moshiri, you’re getting your £200million over 12 years. You’re going to wait for your money.”
Farhad Moshiri reaping rewards for failed Everton ownership
MacAnthony knows a thing or two about running a football club and he is never one to shy away from giving an opinion.
His suggestion here on Moshiri is a pretty fair one because anyone taking over the reigns at Goodison Park is going to have to work hard to get the club back on an even financial keel.
The long-term future does, in theory, look extremely promising from a buyers’ perspective in the sense that the initial outlay might be expensive but the potential for the money to be made from the new Bramley-Moore Dock stadium is extremely lucrative.
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