Everton, an asking price of about £800m, inclusive of debts of about £380m, has been mooted. The clarity over TFG’s position suggests it is confident that a sale can be completed this season, with the investment bank Moelis & Company leading the process.

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Moyes’s recent admission that he has never spoken to Friedkin — who has also never spoken to the chief executive, Angus Kinnear, face to face — was damning. Friedkin’s son-in-law, Rishi Majithia, has been the manager’s point of contact. In addition, Friedkin has never been to an Everton game, and when you consider the club has left Goodison Park and relocated to Hill Dickinson during TFG’s ownership, that also represents an oversight. Given all that, suggestions that Friedkin has asked for Zoom meetings about Everton to be recorded rather than have to attend them seem plausible. No club has a net spend of zero season after season and makes progress, but somehow this seems to have come as a shock to the Everton owner. It is estimated that a five-year capital requirement of about £450m is needed (interest payments on the stadium are £40m a year, for example), which represents a large chunk of change.   submitted by   /u/Sparky-moon [link]   [comments]