777 Partners / Whatever the hell you like

[Simon Buttle]

Not me, it implies - we got funding from a source not 777….. Downing & Bell…..maybe, could be Moshiri.

If true, 777 are hitting the bricks and out of here.

Simon Jordon is very pally with Downing by all accounts and he mentioned something on the radio a few weeks back about how Bell and Downing may not want to go full pelt with the club at the moment (in terms of using their own money) but they would never let the club collapse as both are big blues.

 

[Moomin]

Maupay, I missed Maupay.

So make that 20million, but Holgate and Maupay will return.

That 20 million savings won't even cover the interest payments for the Rights Media loan.

Imagine what the 777 interest payments will be??

 

[nsno-chris]

Wonder if the “time passed since Everton signed someone” clock will reappear in the near future

 

[Goat]

That 20 million savings won't even cover the interest payments for the Rights Media loan.

Imagine what the 777 interest payments will be??

Impossible to know.

If they get approval, which seems a pipe dream, nothing.

But if they dont get approval, we owe them what is it now? 220million?

Whats 20% of 220million a month?

 

[Toffe3m4n]

What a day lol

 

[Neiler]

Simon Jordon is very pally with Downing by all accounts and he mentioned something on the radio a few weeks back about how Bell and Downing may not want to go full pelt with the club at the moment (in terms of using their own money) but they would never let the club collapse as both are big blues.

Just speculating really mate, to be honest, I wouldn’t give Everton money at the moment, so both, if not them, are being clever….could be Moshiri then, speculating of course.

Hopefully it’s not a 777 affiliate and their lack of meeting obligations finally kills this deal.

 

[1878blues]

The "biggest" problem, other than the interest on all our loans, is that we have managed to reduce our wage bill, but at the same time our Revenue has also decreased due to USM going and our low league placement, so that means the wages to revenue % stays high.

True. It’s a pity as we a perfect opportunity for qatari/saudis. Massive new stadium to inflate revenue with naming rights and sponsors!!! Yet here we are clinging onto working capital loans by a coke head

 

[blueboy72]

It means that he was asked a lot of questions a couple of days ago on Twitter/X and he intends to address them soon, he's been travelling a lot in the past 24/48 hours.

Where’s he been fantasy island

 

[AndyC]

Where’s he been fantasy island

Grow up

 

[Neiler]

True. It’s a pity as we a perfect opportunity for qatari/saudis. Massive new stadium to inflate revenue with naming rights and sponsors!!! Yet here we are clinging onto working capital loans by a coke head

I wondered yesterday, with the scrapping of PSR and a budget likely to multiples of a base of 100 mill, could that attract a significant sovereign buyer.

If I was something like the PIF what would stop me investing would be the 105 limit, you can’t invest to compete and it turn, improve the value of investment, that could change with the new rules - with the possibility of investing 400-500 mill a season in squad costs.

 

[1878blues]

I wondered yesterday, with the scrapping of PSR and a budget likely to multiples of a base of 100 mill, could that attract a significant sovereign buyer.

If I was something like the PIF what would stop me investing would be the 105 limit, you can’t invest to compete and it turn, improve the value of investment, that could change with the new rules - with the possibility of investing 400-500 mill a season in squad costs.

absolutely. Here’s clinging onto the hope that they are waiting in the wings

 

[Simon Buttle]

Impossible to know.

If they get approval, which seems a pipe dream, nothing.

But if they dont get approval, we owe them what is it now? 220million?

Whats 20% of 220million a month?

Assuming they don't get approved, is there any chance this money may get turned into equity and they end up with a small stake but no power, essentially the same setup they have at Sevilla? It would make the debt a bit less and more attractive to a proper buyer.

 

[davek]

Simon Jordon is very pally with Downing by all accounts and he mentioned something on the radio a few weeks back about how Bell and Downing may not want to go full pelt with the club at the moment (in terms of using their own money) but they would never let the club collapse as both are big blues.

IIRC he was making reference to them when Derek Hatton was talking them up as more appropriate owners...which probably means Degsy owes them a few quid!

 

[1878blues]

Assuming they don't get approved, is there any chance this money may get turned into equity and they end up with a small stake but no power, essentially the same setup they have at Sevilla? It would make the debt a bit less and more attractive to a proper buyer.

I would assume so. There would probably be some small print in agreement that the debt can transferred to equity. Our issue here is the Loan is racking up and can lead to a higher equity amount. Plus it makes us unattractive for an owner seeking full ownership and control

 

[pfim]

Assuming they don't get approved, is there any chance this money may get turned into equity and they end up with a small stake but no power, essentially the same setup they have at Sevilla? It would make the debt a bit less and more attractive to a proper buyer.

That’s debt on their side, they need to service it somehow. I don’t think they can