 Welcome to Toffy TV, Fahad Masheri has increased his shares in Everton Football Club today by buying Lord Grantchester's shares. The last of the Moors families have finally left Everton Football Club. It seems slightly more momentous in my head than probably what it actually is. But this video is sponsored by One Football. One Football makes it easy to find all the latest scores, stats and news all in one place to download the One Football app. Click the link in the description. So, yeah, but it is, to be honest, I mean, I know it's took a very, very long time, but no more, like the Moors are finally gone. There's a connection, yeah. The people who, the man who made Everton the amazing millionaires is that connection. Not that that connection has been doing much for years, even though the family are worth 1.4 billion, isn't it? 1.2 billion. 1.2 billion, they haven't done much in the last few years to financially push Everton on. No. No, but I mean, I don't know what they, how easy the access to their funds are or whatever, and sometimes when the net worth is everything, isn't it? But you would have thought, you would have boosted the coffers a couple of times over that period when we had no money. But the add-onson and far-ad-ma-shari has come in and certainly done that, and obviously buying the 8.6% of local ancestors shares. This is obviously a planned move, this was, we were told this last year when he bought up the next lot of shares that he would buy July 2019, he's done that early on. And increased this, obviously increased the shareholding to 77.3%. So by far the majority shareholder, as he was. Yes, obviously he came on with 49% indeed with the plan of an increase, he did that. So it only really leaves Bill Kenright and the smaller shareholders left, which he won't touch. I imagine he's not going to touch Bill's, I don't think Bill probably ever sell those shares, they'll probably go into trust or whatever or family or whatever, I don't know. And the rest are the collection of the smaller shareholders, which obviously John Blaine is the chairman of the shareholders association, so they're all quite comfortable with what they've got. So it was planned, so does this illustrate anything? I suppose it illustrates again the man's desire to take Everton forward and obviously with the pictures of the stadium on the horizon next month or two. I suppose this is the right time to show that he does fully back his commitment to Everton Football Club. It's further demonstration isn't it? I know it was planned, but 49.9% he was the majority shareholder at that time anyway, or the largest collection of shares wasn't it for him and he's increased and increased. And obviously his business associates and everybody else who are looking at this increase, there'll be a reason and a desire for him to take it forward I suppose, the stadium being the big thing I think. Quite clearly when he come in he said almost immediately we need a new stadium and next month we're going to get to see the images, which is quite exciting. And then later this year planning permission will go in for Bramley Mo. So he wants to make good on that. I think that's a big legacy, something we absolutely need. We heard Sasha Ryan sat talking last week about, in an article he'd done about the importance of a new stadium and how we can bridge the gap to the clubs above us. Not necessarily just on the pitch because I think that can be bridged at times. It doesn't necessarily reflect, it's how you bridge it off the pitch and how you're able to sustain it. Lester City approved, you can bridge something but it doesn't necessarily, it's built on sand almost doesn't it. So you've got to create bigger income streams and everything else that comes with it. I suppose the bottom line is if you create a team and you want to keep that team together and you want to build that team and if you lose a player you want to be able to replace that player. With what Lester showed when they won it, it was a collection of players for one season that everything fell together. But to be a big team in the Premier League, you have to be able to withstand the opposition coming into time to take your players, which means you've got to be able to offer them good wages. And you've got to be able to build on your squad as well. All require money and all require long term money. It's why stadiums are so important, it's why Spades have built the stadium they've built, why they've put so much money into it, why Arsenal did it over 10 years ago, why Liverpool built the new big stand. It's why Manchester United continue to try and look for ways to build on their stadium as well as talk of them trying to build a tunnel over the railway. Chelsea have had to shelve plans for the stadium because the land is just simply too expensive in West London, that's one of the problems they face. And Manchester City have obviously got the Etihad, which was partly gifted to them, but they're trying to build on that as well. So everyone's looking for that edge, and we as a club won't even be on a roundabout tier of what they are until we get a new stadium. And that's what obviously far had Manchester City's looking at. And again, another thing that helps with increasing them, he's now got more shares to sell to his busy mate. I mean, realistically, would he need to sell them to him? And it's sometimes better to be in the wings rather than front and centre. I think that the other thing as well with the whole thing of course is that the legacy of him building this stadium is a massive thing to take on as an owner, to come into Everton and to move them from Godderson Park to this iconic waterfront stadium, which it parts. What it does is it helps to make the club more self-sustainable. We can't always rely on him to be going like this every year, because that's not football, it's not sustainable. It's lovely to have the freedom to go to him and say, we haven't got that money till then, we need this player now, and he goes, you have to go, I can give you that now, because I've listened to a lot of these clubs, I haven't got the money to do that. A lot of these clubs are just guaranteed, these owners are guarantors for their football club, that's all it is. It's just that they do brand deals and get bigger and bigger and bigger and bigger, so that money sloshes around easier. It's having someone to underwrite stuff, particularly now in this interim period, and having him there to go, you want to sign a player for that all underwrite that will work that into however it is. I mean, obviously, you still can't do that every year, because it's unrealistic to expect him every year to just go all funder, all bankroll it all, because you can't, it's his own money and knows you'll be expected to, so it's all part of the big thing. So he's got the dough, he says he's got. Exactly. But you can't do that though, can you? You can't. That's not how football is supposed to work, it's not how FFP is supposed to work. And if it was governed and policed correctly, it's not how it would work, unfortunately, we know that's not the situation. But I mean, the most cynical of people, or the most business mind of people would say, well, he's buying the shares up now, while they're less expensive, so that when a stadium is built, if he then decides, I've got something I can sell now, I own 77% of it, I can make an absolute fortune on this stadium, on this club. Do you know what? If that was to happen, I wouldn't be bothered. Cos I've said for years, I think ultimately whatever need is a stadium, they needed someone to have the vision to build as a stadium, someone with the foresight, the contacts, as you just said, and the capital to understand how to bring that capital in, to build ever a new stadium, cos I think once ever can get a new stadium, I'm not saying that it will elevate us to be one of the top teams in the country, but it will give us something that we've solely needed. Well, it will be a big gap, won't it? That's ultimately, and if there's a long-term plan, it's to get the stadium and then sell us on to other people. So no-one should say anything about that, because the fact that he's taken us from as much as we love going to some park, we can't stay there, we don't get enough people in there, we can't put enough people in there. There's no extra revenue streams around it. We're at the limit now, we're having this summer, we're having to ship out a lot of players to free up space in the way it's built, to be able to bring other players in. When you've got a stadium and you've got income streams and that, you've got more room to play with, so we are probably at the limit and he won't continue to bankroll us cos he can't. He might do it in interim periods and short-term periods, but ultimately as fans, we want to be self-sustainable anyway. A stadium is something that lasts for 100 years or whatever and that's the future of the club. One individual isn't the future of the club. So it's nice to see someone getting their percentages up around the same time as a stadium. For me, I know it was already pre-planned and everything, but it just gives everything that security. I think from a business point of view, it probably gives security as well. Investors and things like that would look at it from the outside. I imagine, I'm not massively business savvy as you can probably already tell, but I imagine from the outside that people would look in at Everton Football Club and go, well, who runs it, what's he worth and how much? What does he own? Because when it comes to the security of a deal and the underwriting of a deal, if you've got someone behind you who's got capital, that makes Everton more of an attractive proposition. And also from a personal point of view, for him, it increases his wealth as well. He owns more of a Premier League Football Club, which is way, I mean, he bought it for £150 million initially. I think someone was saying it's valued at £400 million now or whatever. Ultimately, ultimately, let's get it right, let's live in the real world. If Everton build a stadium, right, that costs £500 million, the £500 million will be on the club for however long, 30 years, right? So that's not £500 million that he's put into it. His shares will then go up and he could sell the club for half a billion pound because it's got this new stadium that he hasn't actually paid for, right? So from that point of view, it's all very, very clever. Is your business going? No, no, and I've got no problem with that. It's what the Glaciers did with Man United, except what they did was they bought a club and then saddled the debt that they bought the club with on the club. And that's what's been dragging Man United down, that's why they hate him. But if he puts a stadium on the club, that's different because it's the club's stadium. The club's mean, yeah. But what we've seen in the past is Everton having been able to bridge wanting a stadium and having a stadium. It's all right saying, oh, we can do this and we can do that. They haven't been able to do it. If this man allows us to do it and him increasing his shares helps that. And then ultimately he does get his value if the club goes up and his shares go up, then fair play. Listen, there will be times when over the next few years he probably will do cash injections into the club in some way or other because he'll be asked to do that if we're to keep the trajectory. What we can't do is continue to be eighth and ninth. He won't have it because he rightly so. So everything has to grow together. And like you say, that can be bridged in the short thing. You can bloody some of the noses next season of the top six. If we get our recruitment right and get in there and put ourselves in Europe and that helps and then we're a year closer to the stadium. And it's jostling and then once you get into that stadium thing, I don't know if name and right to be a big thing, but I'm quite sure I haven't been looking for that. Spears have not got anything at the moment. But they will. But they will have and I suppose we will have. So it's everything that you can attach around the stadium, isn't it? With your help and obviously when John's back from his American trip, really I'm sure they'll add some EBM, the business matters. We'll look into this with more detail and we will. But we get John in and we'll ask John about what ultimately it means. But I think it's a positive thing. You've just said it. Again, it demonstrates his commitment to Everton Football Club, albeit whether it was planned or not. He's still done it and he's done it early. It was by to you. It's the first few days. And also what I would say just finally though is that he's took shares out of the hands of people who were literally doing nothing with the shares. They would have no value to them other than the value of them. If that makes sense, do you know what I mean? Well it's made them money. It's made them money and they were doing nothing else with them. So they're in his hands now. If Grantchester and those people had been on the board and had some kind of vision for the club and were helping it to steer it away, then that's a different thing. But they weren't. So they were just sitting making money for those people which they've done now. So I'm just saying. So from that point of view, it's almost as if he could then sell them to someone else. Some of those shares. Now, he's took you right. He's took them. They were doing nothing. And he's put them in his pocket instead of theirs. And obviously they're getting paid for them, of course they are. So, you know, he's done it that way. And he's now by far and above the majority shareholder. So fair play to you. Yeah. So let us know your thoughts. Are you happy with Farhad Michelle's commitments to the club? Do you think he's doing enough for the club? I mean, I think he's doing all right. You know, he's staying us in the right direction, isn't he? Staying us in the right direction, isn't he? No, just let us know. It shouldn't be lovely if it was 10 years ago. And he could literally just go, yeah, we didn't have to worry about other obstacles. But we are where we are. OK, he's made. The biggest thing I'll say about him before we finish is he's made some mistakes, but he's always been quick to try to correct them. And I'm talking Cumin and I'm talking Welsh and I'm talking Allardy. He made some and when I'm appointing this fella, I don't want him. He's gone, he's not good enough, he's out. I'm appointing Allardy. We didn't like him, but ultimately he done what, you know, we finished eighth and he done what he did. And he got him out quickly and he's put a process in place now. This summer hopefully we'll demonstrate further A with the steady mimages and B with the player recruitment that Everton are going in the right direction. Let us know your thoughts in the comments. Don't forget, give this video a like if you like it. If you haven't already subscribed, please do. And if you want more great videos, longer videos, we're going to go and do a live video now on Patreon about this very subject. We will interact with the audience and those comments will come in its live and that's what we're going to do on Patreon now. So if you want some of that for £3 a month, get over and join us on Patreon, especially in the summer when there's a lot going on, there's a lot to deal with, there's a lot of rumours, there's a lot of nonsense. We're talking about it every single month. All through the year, not just the summer. Jump on now while it's while you're like, I need to have it fixed. It's over on Patreon. See you later. See you.