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Post by Avinalaff on Feb 27, 2016 18:28:16 GMT
I think there may still be another twist in this tale. Maybe, but having sold his Arsenal shares and taken 49.9% of ours, I'm sure Bill will keep hold of some of his shares to make sure nobody gains total overall control. Is anybody allowed to have 51% or what ever figure gives somebody control?
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sheff
Dodgy Goalkeeper
Posts: 891
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Post by sheff on Feb 27, 2016 19:11:10 GMT
My heart is beating very fast.
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Post by Everton News. on Feb 27, 2016 19:45:42 GMT
Robert Earl sells Everton stake as part of Farhad Moshiri dealAmerican businessman leaves board as Bill Kenwright and Jon Woods reduce shares in clubRobert Earl, here talking with Sylvester Stallone, has sold his stake in Everton Robert Earl has sold his shares as part of the deal to bring businessman Farhad Moshiri to Everton. And Bill Kenwright and Jon Woods have reduced their stake at Goodison to allow the Iranian investor Moshiri to become the majority shareholder. Moshiri is poised to take a 49.9% stake in the Blues but is awaiting Premier League ratification. Earl owned roughly 24% of Everton and along with Kenwright (26%) and Woods (19%) held the controlling interest. But Moshiri will now come in as the biggest single shareholder after Earl offloaded his shares. Everton will not release the exact make-up of the restructured shareholding until 60-year-old Moshiri’s purchase has been cleared by the authorities. But by becoming the biggest single shareholder at the club, Moshiri will be seen as the new ‘de-facto’ owner of Everton, even though no one person owns the club. Kenwright will remain as chairman and Woods will stay on as part of a newly formed three-man board at Goodison. #Echo
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65years
Dodgy Goalkeeper
Posts: 941
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Post by 65years on Feb 27, 2016 19:49:27 GMT
Maybe, but having sold his Arsenal shares and taken 49.9% of ours, I'm sure Bill will keep hold of some of his shares to make sure nobody gains total overall control. Is anybody allowed to have 51% or what ever figure gives somebody control? Yes. As with any company.
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Post by evertontillidie on Feb 27, 2016 20:00:32 GMT
What an amazing day. I thought this take over saga was never going to end, and to finally have somebody with ambition at the club is wonderful news. Getting rid of Robert Earl and keeping Blue Bill on is great news too as I like Bill and Everton wouldn't be the same without him.
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