The expiration of 777 Partners’ agreement with Farhad Moshiri has been hailed as a “victory” for Everton Football Club, but The Esk, a prominent Toffees analyst, believes that Moshiri’s continued presence on the board is a major obstacle to the club’s progress.
In a detailed analysis on his website, The Esk argues that Moshiri’s decision to engage with 777 Partners, despite their questionable credentials, demonstrates his poor judgment and prioritization of personal gain over the club’s well-being. The analyst contends that Moshiri’s commitment to 777 Partners was likely driven by their offer to pay him the highest price for his shares, which has ultimately backfired.
The Esk proposes a five-point plan to ensure a suitable new owner is found, including the removal of Moshiri from the board and replacement with non-executive directors representing his interests. This move would allow for a more objective and transparent decision-making process, unfettered by Moshiri’s personal agenda.
The analyst also highlights the need for outside parties to be brought into the process, including experts in football finance and law, to ensure a smooth transition and a stable future for the club. The Esk’s plan further emphasizes the importance of engaging with supporters and the local community, who have been largely excluded from the decision-making process under Moshiri’s ownership.
While the expiration of 777 Partners’ agreement may be seen as a positive development, The Esk’s analysis underscores the ongoing challenges facing Everton Football Club. The club’s majority shareholder, Farhad Moshiri, remains a significant obstacle to progress, and his continued presence on the board threatens to undermine any potential takeover or investment in the club.
The emergence of John Textor as a potential buyer offers some hope, but his ability to complete a deal hinges on his ability to sell his shares in Crystal Palace, which has proven difficult thus far. The situation highlights the complexity and uncertainty surrounding Everton’s ownership and future direction.
In conclusion, The Esk’s analysis provides a nuanced and informed perspective on the Everton takeover saga, emphasizing the need for a comprehensive and transparent approach to ensure the club’s long-term stability and success. The removal of Farhad Moshiri from the board and the engagement of outside experts and supporters are critical steps towards achieving this goal.