EFL Club Chief Advises Moshiri to ‘Wait for His Dough’ in Everton Takeover Verdict
Everton Owner Farhad Moshiri May Have to Wait for Payment Upon Selling the Club, Says Darragh MacAnthony
Speaking on talkSPORT with Alex Crook and Sam Matterface (23 July, 10:52), Peterborough United chairman Darragh MacAnthony suggested a hypothetical scenario where Everton’s majority shareholder, Farhad Moshiri, could be repaid his stake over a 12-year period due to the other costs involved with purchasing the club.
After news broke that Dan Friedkin’s buyout had been called off, Crook expressed doubts that Moshiri would still profit if and when a successful takeover bid occurs at Goodison Park.
MacAnthony replied, “Moshiri’s probably owed £200 million or whatever else. He’ll get his £200 million back, but you’re absolutely correct, he won’t turn a profit.
What he might have to do is wait for his money over time. 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 debts. Moshiri, you’re getting your £200 million over 12 years. You’re going to wait for your money.’”
Farhad Moshiri reaping rewards for failed Everton ownership
MacAnthony, experienced in running a football club, is known for sharing his opinions candidly. His suggestion regarding Moshiri is quite reasonable because anyone taking over at Goodison Park will have to work hard to stabilize the club financially.
The long-term future looks promising for potential buyers, as the initial outlay might be expensive, but the potential revenue from the new Bramley-Moore Dock stadium is highly lucrative.
While MacAnthony’s scenario sounds straightforward in theory, its practical application remains uncertain. Nevertheless, the underlying concept is sound.
The immediate priority is finding a buyer after the collapse of the Friedkin Group bid. The sooner this is accomplished, the better for Everton’s future.
