Everton Farhad Moshiri
Farhad Moshiri is set to depart Everton
Pranav Shahaney
Wed 18 December 2024 17:40, UK
Stefan Borson has been left baffled at the recent revelation of the Everton shares ahead of the takeover.
The Esk claimed on 18 December that the shares which Farhad Moshiri will be selling to The Friedkin Group were trading at £3,400 per share recently with the British-Iranian billionaire getting a valuation of £196-£392 per share.
However, Borson, a finance expert, believes that this is extraordinary and that the £3,400 valuation was not something real.
He wrote on X: “Extraordinary if those £3,400 trades were real (ie not just some transfer between family or similar). Nobody can possibly have believed Everton shares had any meaningful value in November given the debt. Issue is comms and expectation management.”
Everton have been in financial chaos for a while
Borson’s scepticism regarding the valuation of the club’s shares at £3,400 is financially grounded.
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During takeovers, share valuations can often be manipulated or influenced by internal transactions within related parties, like family members or close associates, to inflate perceived value artificially.
Given Everton’s financial situation, with significant debt and ongoing issues, any share trading at such a high value would seem out of touch with the club’s actual financial health.
The market value of the Toffees’ shares should logically reflect the club’s debt burden, revenue streams and future profitability, but not speculative or inflated figures.
This highlights a potential issue with communication and expectation management, where the public perception of value might not align with the club’s real financial standing.
Hopefully, The Friedkin Group can get the club out of financial ruin and chaos on and off the pitch.
In other Everton news, the Toffees may now be set for an unexpected financial windfall in the next six weeks.
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