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The Price of Football

Fahad Moshiri's ownership of Everton, Barcelona and PSG sponsor declared bankrupt

The Price of Football

Guy Kilty

Sports, Business

4.92.9K Ratings

🗓️ 26 January 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

Kevin and Kieran look at the latest situation around Fahad Moshiri's ownership of Everton, and find out more about the Barcelona and PSG sponsor which has been declared bankrupt. Follow Kevin on Twitter - @kevinhunterday Follow Kieran on Twitter - @KieranMaguire Follow The Price of Football on Twitter - @pof_pod Support The Price of Football on Patreon: https://www.patreon.com/priceoffootball Check out the Price of Football merchandise store: https://the-price-of-football.backstreetmerch.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the Price of Football the show that looks at the money behind the

0:14.9

beautiful game of the Kevin B and Liverpool University's Kiran Maguire. Hello Kiran, I

0:20.8

can't keep up with where you are this week, you're rocking down the country like a mad

0:24.6

thing but you were in Lester at one stage, I know that when we're back home then. We're back home,

0:31.1

yes I've been commuting to the wonders of Canary Wharf this week and I'm just glad I don't have to

0:38.1

do it 52 weeks of the year because commuter land is not fun. Did you go on a doc lens like railway

0:45.2

or do you share Sam Aladdair's interview that he's too terrified to go on a doc lens like railway,

0:50.4

there's no driver. I'm an old fashioned chewboy, growing up in the elephant in Castle, I'd

0:56.1

I'd love the Bakerloo line and I still think that the chew is one of the greatest inventions of all time.

1:04.0

Yeah, yeah, yeah, yeah, yeah, I'll go along with it. Yeah, it's not as good as a taxi, but yeah, yeah.

1:13.6

Did I do the introduction? Kiran, yes I did, sorry you threw me where I taught about the Bakerloo line

1:17.6

and it's news day Kiran and there's some big news on and off the pitch for Everton this week.

1:26.9

Yes and according to the Guardian, Farhad Mishiri has put Everton up for sale,

1:34.8

according to Farhad Mishiri he hasn't so we have an interesting situation. There was an article

1:43.7

in the Guardian that he was looking for £500 million for the club and that's a lot of money

1:51.6

clearly given the new castle went for £300 million and you weren't inheriting any debt.

1:59.4

If you bought Everton now presumably you'd also have to fund the remainder of the stadium as well.

2:05.7

So it does seem a lot of money, he's now sort of saying I'm looking for a bit of expertise,

2:12.6

a bit of knowledge, I'm looking for a small investment in the club, perhaps to sell 10 or 15%.

2:19.6

But if you look at it, I like a number as you know, would you pay £500 million for or share

2:32.0

a £500 million where you're only going to have a minority stake and you're buying the club

2:40.0

with the seventh most expensive squad and the eighth highest wage bill in the Premier League

...

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