Welcome to this week’s Talking the Blues podcast with George and Andy Costigan. We look back on Everton’s win at Southampton, and the growing evidence that this group of players are building on the excellence and expectations of Lampard and his team.
Credit REUTERS/Chris Radburn
We look at Moshiri’s financial commitment and the options available to potential purchasers and how the stadium can be completely financed.
Finally, we note with huge sadness the horrific news coming out of Indonesia and pass our deepest condolences to all those affected by the terrible events. We pray that the victims and the victim’s family receive justice for their unbearable loss – Rest in Peace
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It seems to me that everything that could have gone wrong for Moshiri with regard to his funding of the club, has gone wrong. Russian sanctions,rampant inflation,an underperforming team, collapsing debt markets. I agree that he is likely to be searching for a way out, but he will have to take a huge haircut. Possibly a shaved head. The likely investor is surely to come from the US. Their appetite for the PL is well established, AND they have extraordinary exchange rate headwinds in their favour currently. When Fenway bought in October 2010, the pound was worth $1.59. Last Friday is was worth $1.11.
That is a 30% revaluation swing in their favour. Setting aside the specific challenges facing Moshiri/ Everton,there may be no better time for a US financier to buy an English club.