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17 Sep 2024 16:41:00
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16 Sep 2024 20:38:06
Bloomberg, Freidkin reignites his plan to buy Everton.
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16 Sep 2024 20:55:43
Nope.
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16 Sep 2024 23:12:35
I would prefer Freidkin to Textor.
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17 Sep 2024 08:16:31
I would prefer either to Moshiri.
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17 Sep 2024 09:31:43
Interview by Giulia Bould with David Hellier of Bloomberg from 7:52am on BBC Merseyside this morning - sounds very positive re. Friedkin Group coming back in, suggests it is indeed Textor's noise that has revived their bid, and that a deal could be done by Christmas. Interestingly the story was picked up by Bloomberg's credit market team, which suggests there is some activity happening around finances.
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17 Sep 2024 14:37:47
Telegraph now running the Freidkin news as well, looks like this has legs shame most of our Team don’t.
{Ed025's Note - i said when he pulled out that he would be back GB, its all part of the game mate...but has he left it too late?..
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17 Sep 2024 15:41:38
You sure did Ed, maybe him and Textor together mate.
{Ed025's Note - that would do me mate, and get Kanye on board as well...and we could name the West stand after him.. :)
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17 Sep 2024 16:31:27
I said I had a feeling Freidkin may come back in too…hope it’s true 🤞.
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12 Sep 2024 18:47:06
Just reading that John Textor is in the closing stages of selling his Palace shares, just a bit of good news for a change, hopefully as soon as it's done the sale of Everton can go ahead and we can all look forward to a new era.
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12 Sep 2024 19:20:49
Yes we can only hope GB. Just some stability, someone who can sort out the financial mess and an owner who cares about the future of our club would be a welcome change.
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12 Sep 2024 19:53:20
He seems like Mr Nice guy, just hope it all works out good Mike mate.
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12 Sep 2024 23:03:28
There has been some push back on Textor's claim that he is moving ahead at a good pace on his Everton tackkover, the push back comes, apparently, from EFC insiders.
However, I do wonder if this push back is coming from people more concerned about their continuing role on the "gravy train" . Just saying.
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13 Sep 2024 07:15:31
From what I have been reading it sounds very exciting as he wants to have this all sorted by the end of November at the latest so he's in charge for the transfer window, could be a very exciting times, but we don't want to do what we have in the past, throw money at bang average players, just hope we can find some form to give us a chance to stay in the league.
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15 Sep 2024 12:44:18
Mr Textor can bang his drum as much as he wants, but, until such time as he clears his interests in Palace, all the noise amounts to nothing, and time doesn't stop for nothing, and we don't have time before we are in serious trouble both on and off the pitch.
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16 Sep 2024 15:02:59
He could have plenty of people who want his shares, I doubt he will sell anything until he's given 100% guarantee he will become the next owner of Everton.
{Ed002's Note - No.}
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10 Sep 2024 17:15:42
Saw this on Reddit. Don't know if there's any truth in it but if there is it's no wonder nobody wants to buy us as a club. Spiralling costs with debts and loans and possibly this too.
Uzbek oligarch Alisher Usmanov has taken legal action against a company owned by Everton owner Farhad Moshiri, creating a complicating factor in the club's already difficult takeover process. Usmanov, 70, is the founder of the global conglomerate USM, whose companies provided sponsorship to Everton worth some £12m each year, as well as purchasing a first naming rights option on the club's new stadium worth £30m.
However, that funding stopped in March 2022 when Usmanov was sanctioned by the United States European Union, and United Kingdom following Russia's invasion of Ukraine, with Usmanov described by the EU as a "pro-Kremlin oligarch with particularly close ties to Russian president Vladimir Putin". Moshiri made his money as the CEO of a number of Usmanov's companies, including becoming chairman of USM Holdings in 2013, a role which he resigned once Usmanov was sanctioned. Documents filed at Moscow's Arbitration Court in September 2023, and seen by The Athletic, list Somelior Holdings Limited, a Cypriot-registered company owned wholly by Moshiri, as one of six defendants in a case brought by Usmanov and USM Holdings. Somelior Holdings previously held a 10 percent stake in USM, which had gone down to five per cent prior to the sanctions. According to the documents, Judge A. N. Petrukhina approved a motion to hold the hearing behind closed doors owing to "the presence of trade secrets in the documents to be examined", which had "been established by the court". Moshiri first invested in Everton in 2016 (Michael Regan/ Getty Images) Over the course of the Everton sale process, it is understood that multiple Everton bidders have become aware of the existence of this case. One concern for bidders, which at least one group ha discussed, is whether any payment to Moshiri is at risk of breaking sanction laws if the purchase money is used to pay damages to Usmanov - though one source close to Moshiri with knowledge of the case insists that UK laws and regulations would prevent him from paying damages. This legal case being held behind closed doors, as well as the opacity of the judicial system in Russia, means it is difficult for prospective owners to know whether any resolution in the case had been reached. The Athletic approached both representatives for Moshiri and Usmanov for comment. No response was received from Usmanov. A spokesperson for Moshiri declined to formally comment, but said that the court action was complete.
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10 Sep 2024 18:10:23
Yeah just been reading it, wonder if it will impact on the. proposed takeover.
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10 Sep 2024 20:23:49
Since the legal proceedings are in Russia I see no reason to worry!
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10 Sep 2024 20:35:07
From what I have read he is taking action against Moshiri not Everton. Therefore it really has nothing to do with the sale of the club.
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08 Sep 2024 18:14:29
Everton takeover bidder John Textor wants to bring in top coach Abel Ferreira if he wins control of the club. Ed002 is this waffle or does it have an element of truth? Seems unprofessional to band it about now.
{Ed002's Note - I have explained that Dyche may be at risk with an new owner but Textor needs to sell his Crystal Palace shares first. Such information being released would be massively disruptive to Everton. And what about the £1B plus debt?}
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08 Sep 2024 19:58:04
Cheers ed. Just one more tune to add to the Everton opera.
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09 Sep 2024 13:24:48
Afternoon Ed02 - are you still in the thinking that we will not complete a takeover before going into administration?
{Ed002's Note - I don’t know. The problem is the club need an income stream that covers the costs on a week by week basis and to pay lawyers to keep those owed money from grabbing the assets - and if that can’t be done the club needs to look to administration for protection.}
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09 Sep 2024 19:32:56
The press haven’t been shy in heaping misery on Everton is recent months. I’m surprised that, if there was a real threat of administration, they haven’t been all over it. You’d like to think that Textor has a plan.
{Ed002's Note - Textor needs to sell his interest in Crystal Palace before he can do anything but stare at Everton from outside.}
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08 Sep 2024 18:14:29
Everton takeover bidder John Textor wants to bring in top coach Abel Ferreira if he wins control of the club. Ed002 is this waffle or does it have an element of truth? Seems unprofessional to band it about now.
{Ed002's Note - I think that eventually when a new owner arrives the Dyche will be at risk. Ferreira might be a reasonable option but a significant risk. If the potential new owner is sharing this type of information it could have a huge detrimental effect on Everton. He still has a significant holding in Crystal Palace that he would need to dispose of - and more than £1B of debt to deal with.}
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09 Sep 2024 13:57:52
Just been reading that more financing for Everton is expected this week.
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06 Sep 2024 18:33:30
Reading in the internet, Morshiri prepared to waiver £450M debt to sell his shares for £80M to £100M. If this is true, would this be a more attractive offer to rekindle previous interested parties. I know they would have to pay off loans but, would it be more affordable for them. Could ed002 perhaps throw light on this? Cheers.
{Ed002's Note - No, there is a misunderstanding. Moshiri owns more than 90% of the club and is owed £450M in addition. To sell he may hand back the loan - but there is still more than £600M owed to others.}
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06 Sep 2024 19:36:17
£600m owed to people, it’s just unbelievable, the miss management is so extraordinary.
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06 Sep 2024 21:39:27
How else would we build a state of the art stadium?
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06 Sep 2024 21:42:40
I’d imagine it helps the cause for a new owner.
Everton’s value being around £500m, plus the other assets we have such as Goodison, training ground and new stadium.
Someone acquiring 90% shares for£500m, with loans of £600m. All of a sudden it doesn’t look too bad.
Restructure those loans, increase revenue from new stadium and in 3 years, we might be on the road to recovery.
I can’t imagine we will be healthy for a long while, but perhaps fresh out of rehab is a better analogy.
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06 Sep 2024 23:16:40
Think we rent the training ground from the council and Goodison probably isn’t worth as much as we hope.
We’ll probably sell the new stadium to make ends meant.
Oh for someone with buckets of cash to ride to our aid and sort out the mess we are in. Anyone had a look down the side of the sofa and found a spare billion or two?
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07 Sep 2024 17:46:12
Not New news it was reported during the 777 purchase.
Aside from the Rights and media debt the Friedkin loan replaced the MSP money and some to Moshiri and AB. 777s was towards the stadium and some operating capital.
Rights and media is an old loan used to buy players and keep the lights on.
£600million plus Moshiris bit for EFC and the new stadium isn't too bad a price some might say.
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08 Sep 2024 13:06:23
Agree Smit. Any sensible investors will be looking at the potential income over time, not one season. The worry for supporters should be if someone comes in looking to make a quick profit, and looks to sell the club on.
{Ed002's Note - The thread is full of misinformation. Goodison cannot be sold by Everton as the Rights and Media Funding debt is secured against it.}
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09 Sep 2024 14:49:40
yeah pretty much as Ed says
EFC owe £600m (minimum) in debt to a group collective of Media rights funding, 777 and now the Friedkin group
Farhad Moshiri himself loaned £450m total, but he is willing to write that off, probably as he knows he'd never sell the club for 1billion+
the 777 debt, is a sticking point for many due to the legal complications the group find it in now with a court date said to be heard, A-Cap/ 777 basically have that debt, but as Friedkin found out people don't want to touch that right now due to legality issues.
the Friedkin group essentially bought MSP's previous debt held over EFC, and helped EFC to complete funding payment of the stadium.
essentially EFC are in debt up to their eye balls, and that is what is putting most bidders completely off, as it's essentially valuing EFC as a £700m+ club, not only would they have to pay the £600m debts, it would be £80m on top of that to Moshiri and then they'd need to inject immediate funds themselves in to EFC as a proof
essentially it's a ridiculously high deal for investors for a club not competing at the level of others you could get for smaller costs needing MUCH less body work.
i'd be very surprised if Moshiri found a competent sale at these demands, and given the legality issues surrounding the debt owed to 777/ A-Cap, with that issue possibly not being resolved until next year. they'd need a consortium of billionaires essentially. there's also the question mark of the clubs stance in the PL throughout all of this, obviously.
Textor is very loud, and very much all mouth, which leads me to believe he is not a serious bidder, even before the Palace shares are resolved.
the biggest hope is Moshiri lowers demand further, allowing Friedkin group to come back, writing off their own debt in to equity and finding a way around the 777 issues.
it's a complete mess which offers very slim hope to a club living off player sales, with only one *big* player asset left to sell in Jarrad Branthwaite.
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04 Sep 2024 15:05:48
Can't believe Moyes is supposedly being looked at by our Board as next manager if Sean gets the sack, really really hope this is all bullxxxx,
{Ed025's Note - that would be a nightmare scenario imo GB, out of the frying pan into the fire, i think i would sooner keep Dyche than have him mate..
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04 Sep 2024 16:16:16
Would just be swapping like for like.
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04 Sep 2024 16:20:10
Still think Potter would be my choice.
{Ed025's Note - yeah but would he fancy it?..
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04 Sep 2024 17:46:13
Coberan from westbrom would be my choice.
{Ed025's Note - i must confess i dont know much about him dentie mate..
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04 Sep 2024 19:31:57
Dunno Ed mate, but surely the chance to take a Team that is battered and bruised from years of mismanagement on and off the field and build a Team that can finally climb the Premiership ladder to the top 10,what a accolade that would be for a manager.
{Ed025's Note - i think all the runes are pointing to Moyes taking over GB, i dont know if i can carry on if that happens mate...would it be the end of the world if he took over....thats a big fat YES..
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04 Sep 2024 19:50:03
If they gave Moyes a 9 month contract/ contract until the end of the season, I’d consider it. He had us playing some decent football at times. He’s not the future but better than Dyche.
{Ed025's Note - six of one half a dozen of the other for me BR..
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04 Sep 2024 20:41:58
Not for me we need new blood, blimey his season is going xxxx up already, anyone but those two.
{Ed025's Note - this mediocre board of this now mediocre club know a mediocre manager who can do a mediocre job with these mediocre players....put your money on Moyes to get the gig..
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04 Sep 2024 21:35:05
Oh please no! Have we not suffered enough? I can't take much more.
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04 Sep 2024 22:38:50
Is there any substance to this really or is this just the press putting two and two together to fill the back pages. If Dyche was going before the Villa game, they should have pulled the trigger already. Moyes feels like a like for like replacement. Need a fresh approach, someone who can inject a bit of energy into the role.
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05 Sep 2024 09:24:31
Graham Potter turned us down when our stocks were high, i know his are now low but not sure why his 'bounceback' job he'd take Everton on with no owner, no board and no financial power to spend
also he wouldn't survive, not strong enough personality wise and Goodison would moan at the football as it always does with possession based coaches, who just get screamed at to 'lump it forward' really quite ironic that same fans are asking why Dyche isn't playing it round the back to me.
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05 Sep 2024 14:03:11
Whilst we'd all live a forward thinking successful manager playing winning dynamic football, I really don't get the complete anti Moyes. He produced vastly better teams that what have or for the past however many years. He has also recently won a euro competition with West Ham. Does he play expansive football, no but better than current? Yes.
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05 Sep 2024 14:12:19
All about opinions. People forget what Moyes did for our club. Many top 10 finishes with very limited budget. Some fantastic signings. Miles ahead of Dyche. Wasn't all roses, I admit, but a lot better than the dross now. Just my opinion.
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05 Sep 2024 13:12:50
Can’t genuinely believe the links to Moyes are true.
The only person who would have pushed for him to come back is dead and can’t imagine anyone left at the club would be pushing for it.
Whilst these 3 results have been poor, there were some signs of improvement in the last game as well as in the cup game.
If the choice is keep dyche or replace with Moyes then keep Dyche for me.
{Ed025's Note - im with you Dan, but all the vibes are saying its going to be Moyes mate, he was actually promised the job before we got Carlo at the last minute and he was not a happy bunny..
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05 Sep 2024 15:07:26
Man U did not employ him to succeed Sir Alex because everyone thought he was a terrible manager. At the very least we were always combative and passionate. The players, largely, respected and responded to Moyes. Not sure that's true of Dyche.
{Ed025's Note - im not Dyche,s biggest fan at all JB but i would sooner carry on with him than have Golum back mate, that last game gave me hope until the last few minutes and yes he balls it up big time with his game management especially with the substitutions but for me it would be a backward step to employ Moyes, and i dont think the majority of the fans would accept him after the cloud he left under as well as the dour football we were playing, try someone new by all means but lets not get visited by the ghost of Christmas past i say..
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05 Sep 2024 15:20:25
I'm done then. A jigsaw could not be more complicated then we are. Might buy a pensioners standing ticket at Cheltenham Town lol.
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05 Sep 2024 16:05:45
If I'm right and correct me if wrong. Moyes had 8 top 10 finishes with Everton and only 4 of those European qualification. 1 FA Cup final where he picked the wrong team. Surely any new owner will be expecting better than that with at least regular top 6 finishes, some cup finals and cup wins. There must be better about.
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05 Sep 2024 17:19:58
Expect at least top 6 finish? So finish with the likes of
Man City
Arsenal
Liverpool
Villa
Spurs
Newcastle
Man Itd
Chelsea
Brighton
We are miles and miles behind these teams/ squads.
The last game looked at bit better, against bottom half team in Bournemouth, then we capitulated,
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05 Sep 2024 18:06:20
True BB, but surely with the right man we can build towards it. Yeah I know getting him is the problem, but looking at previous managers I don't think is the answer.
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10 Sep 2024 12:13:06
There is absolutely no way we can expect our next manager to be getting top 6 finishes. I think the best we can hope for over the next decade is top half and reducing the debt.
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03 Sep 2024 20:18:18
I see Leicester have successfully appealed against their point deduction over a PSR charge.
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03 Sep 2024 20:50:35
Can of worms GB. Makes an absolute mockery of the rules, which Leicester obviously breached.
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03 Sep 2024 20:55:00
It sure is mate.
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03 Sep 2024 21:35:23
Breached the psr rules for 3 seasons whilst in the Premier League but because they got relegated and the accounts ended on June 30th 2023 they can't be charged there after? What utter bollocks.
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03 Sep 2024 23:11:14
We can get our points back this season right 🤷🏼♀️😂.
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04 Sep 2024 07:29:20
Decent lawyers who found a loophole.
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04 Sep 2024 09:35:47
Funniest thing is Leicester apparently wanted sue Everton because they felt cheated and relegated 😂 😂 😂. Hypocrisy at its best. If they hadn't been relegated they'd have probably got a points deduction. It's a farce!
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04 Sep 2024 12:09:18
I did'nt realize Leicester were one of the untouchables.
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04 Sep 2024 12:05:01
Hey Ed can you explain how this has happened thanks.
{Ed002's Note - The Premier League charge included the year ending June 30, 2023 by which time Leicester were not a Premier League club. The Premier League should have realised this and I an sure they will look to amending the PSR rules. So, in theory they got off on a technicality.}
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04 Sep 2024 13:39:28
Thanks Ed.
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03 Sep 2024 14:49:25
Hi Ed002
Is Sean dyche’s position under threat?
Is their somebody in position to make a decision on the manager?
{Ed002's Note - I suspect it will be if a new owner can be found. Before then, I am not sure.}
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03 Sep 2024 18:59:57
Think we have accept we have him until next summer unless we are in dire straits by December.
I think we are playing some good football so hope we are mid table by then.
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02 Sep 2024 21:52:29
Can't believe SD is getting GBP 5m per year? Tied 6th highest salary in PL!
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03 Sep 2024 01:44:41
This is yet another reason why we are in deep sh1t financially.
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03 Sep 2024 06:04:31
Just be careful with that info. It might not be 100% accurate.
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03 Sep 2024 14:28:33
I thought it was reported when he first arriv3d that it was 2.5m per season. Still too much like.
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03 Sep 2024 17:14:39
Yeah it was widely reported £2.5m a year.
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03 Sep 2024 20:28:43
Thought so, fbs. He's still stealing a wage at half the price really.
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01 Sep 2024 19:32:38
I've heard a rumour that because of the 115 Man City have against them, All English clubs could be banned from European Competitions. Any Eds know if this has any legs?
{Ed002's Note - No, you cannot hold clubs responsible for charges that are not agaisnt them. And a huge amount of the charges are nothing more than noise.}
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01 Sep 2024 21:27:16
Anyway this is an Everton site, I don't think getting banned from European football is something we need to be worried about right now😉.
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01 Sep 2024 23:19:16
Affected us many many years ago.
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02 Sep 2024 00:45:22
Doubt a politician would dare self harm the game as those maniacs of the 80s did. We were never banned but pulled out by our government.
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01 Sep 2024 20:43:15
Cheers Ed002, I didn't think it would be possible but thought I'd get an expert opinion ;)
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02 Sep 2024 16:38:26
Yes we have never got over the ban we had from playing in Europe - short memories.
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