Heaven forbidso you believe it’s 777 then mate
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Heaven forbidso you believe it’s 777 then mate
But these investors who “only want to make money”…..that’s fine. We aren’t a quick, easy buck. Making money is going to require significant on and off pitch improvement. Whether they care about the fans or not, on that our and their interests would align.It is hidden money. We will never know whose money it is. 777 are an investment vehicle for high value, high risk investments in football clubs. None of those investors gives a rats arm about the clubs they “own”. They will not want to pump money in unless the numbers add up and they see a return coming. They do not want the kudos of owning a club like Abramovich. They do not have an affinity with the club like Blackburn did. They are silent and secretive
Heaven forbid
Several Usmanov-type individuals and consortiums feeding their money through 777. What could go wrong?It is hidden money. We will never know whose money it is. 777 are an investment vehicle for high value, high risk investments in football clubs. None of those investors gives a rats arm about the clubs they “own”. They will not want to pump money in unless the numbers add up and they see a return coming. They do not want the kudos of owning a club like Abramovich. They do not have an affinity with the club like Blackburn did. They are silent and secretive
This particular horse has well and truly bolted.Allow me to express my thoughts on this post…
I would suggest that Esk, Paul Brown and the others are trying hard not to create division - don’t laugh or mock, bear me out - by bringing to our attention and highlighting the shortfalls of the 777 approach for our club, and the folly of the now largely absentee majority shareholder in entertaining their approach AND suggesting 777 are the best future for our club.
The evidence piling up against 777 cannot be ignored or brushed under a carpet, so the need for Moshiri to end it and open negotiations with other parties is paramount.
Other parties will naturally need to satisfy the PL rules and regulations on being fit and proper prospective owners, and satisfy the financial requirements eg audited accounts, business plans, sources of funding etc but, while the 777 approach has been dragging on this long, those other interested parties will surely have all their details ready to go at a moments notice.
I wholeheartedly agree that all Blues, and indeed fans of other clubs with financial issues hogging their headlines, need more time to concentrate on what we want to love again - watching Everton play and (hopefully) win games but, in order to do that we must have a whole lot more confidence in the quality of new ownership and the executive team that will be entrusted to take the club forward.
As for Esk ‘shouting his way into some form of position’ - I have known Paul personally now for nigh on ten years, have attended business meetings with him and in all that time, I have never, ever heard him raise his voice never mind shout.
And on your final point, if 777 were to be approved and take over the club, and things were to go South… it would almost certainly be too late for us fans to force the issue.
Agree but that also demonstrates a lack of cash to pay the debts incurred by that club, will they do the same with Everton with c£1bn debt? Good luck with that one....But you could argue that’s them acting pragmatically to solve a problem they inherited. And it worked.
In our case it’s not HMRC but the external debt. I imagine restructuring that will be a priority for whoever comes in.
There was 2 rumoured and one of them was Boyko who has a restraining order on 777 going through the courts in the US right now...Several Usmanov-type individuals and consortiums feeding their money through 777. What could go wrong?
It’s a pity we’re not based in Belize or the Cayman Islands but maybe 777 will register their Everton investment arm there? What could go wrong?
ReporterTwo things… 777 haven’t got a pot to p155 in and you’re thick as mince for thinking they have.
Similar to what they have done at Genoa... get us in a position where we are not losing money every year and I don't think it'll be too different to what Kevin Thelwell is doing now in building a team with players that have potential and sell on.For the purpose of debate this morning.
Hypothetically what do Blues think 777's plan is once they're through the door to turn us around?
Not sure they want quick or easy. They will be ultra wealthy. They will recognise that it is high risk. I don’t understand the profit model of a PL club but I expect that to a certain degree we will be self funded as we are now.But these investors who “only want to make money”…..that’s fine. We aren’t a quick, easy buck. Making money is going to require significant on and off pitch improvement. Whether they care about the fans or not, on that our and their interests would align.
I like the thought of thisAm more leaning towards whats going on at Genoa me mate... Steady us financially through player trading an good scouting. It's not so hard as Brighton have shown
I may be wrong though.
This will be a further disaster on top of previous disasters
Mate I might well wrong but its nice to debate whether there might another plan other than to assets strip us like Kenwright did.I like the thought of this