777 Partners / Whatever the hell you like

[Librarian]

Agreed, plenty to be positive about too @davek. It’s all part of the journey. Much easier to moan though, despite the fact that there are plenty much much worse off. Forward we go.

I know, was nice yesterday to not be on edge for a Burnley or Forest game and to not care about today’s ‘Super Sunday’ damp squib

 

[Drico]

It's a mental health service that Sean Dyche and his players have provided by winning those four games and allowing us not to endure conniptions at Luton on Friday night. That man has saved lives.

 

[mahermi1]

https://www.[Publication is blackli...-jets-in-to-rescue-toffees-from-777-partners/

Looks like the cat is out of the bag.... or at least one of them.

Is that who you were told Tom, now the cats out the bag so to speak ?

 

[The binman chronicles]

It's a mental health service that Sean Dyche and his players have provided by winning those four games and allowing us not to endure conniptions at Luton on Friday night. That man has saved lives.

But just for balance they also killed many, many people by not getting those extra 10 points across 14 games.

 

[HalfTimeSayers]

Should be banners telling this lot to do one.

Was thinking that. It’s gone too far now. Apathy isn’t the right word, but everyone, particularly the match going fans have battled so much and the objective has been achieved early on the pitch, hard to ruin the warm feeling of safety by going to battle, AGAIN?

 

[MisterJ]

Everton takeover takes new twist as Kevin Malone jets in to rescue Toffees from 777 Partners​

Matthew Chadder
Sun 5 May 2024 8:26, UK
Kevin Malone is in England and ready to make a rescue move for Everton, according to newspaper journalist Alan Nixon.

Writing via his official Patreon ReluctantNicko (5 May), Nixon has revealed that Malone, who ran the LA Dodgers for many years, is head of a consortium ready to step in if problems continue with 777 Partners.

Who is this kid writing the piece? Why has he attached his student Railcard picture?

 

[croatian blues]

Don't know who needs more help,Everton from 777 or 777 from Everton.

 

[Blue peter]

Don't know who needs more help,Everton from 777 or 777 from Everton.

It seems to be one of those bird death spirals

 

[Robbo05]

Times version of the new law suit report

Everton’s prospective new owner, 777 Partners, has been accused in a lawsuit of fraud running into hundreds of millions of pounds.

The accusation was made by a pair of London-based asset management companies, Leadenhall Capital Partners LLP and Leadenhall Life Insurance Linked Investments Fund PLC, in a district court in New York on Friday.

They are seeking damages after alleging that 777 Partners — co-founded by Josh Wander — used $350million (£279million) of assets that either were not controlled by the private investment company or “did not exist” as collateral.

A spokesman for 777 Partners did not comment on the litigation when contacted. A defence has not been filed at this stage.

The development casts further doubt over 777’s ability to complete its takeover of Everton, having agreed to buy the owner Farhad Moshiri’s 94.1 per cent stake last September.

In court documents, Leadenhall alleges that “Everton is the latest shiny object of Wander’s fraudulent scheme” and goes on to say that Wander and co-founder Steve Pasko are “operating a giant shell game at best, and an outright Ponzi scheme at worst”.

Another part of the complaint reads: “To induce Leadenhall to fund their operation, Wander, along with his group of alter ego entities, ‘pledged’ over $350million in assets as collateral to Leadenhall, knowing all along that the assets either did not exist, were not actually owned by Wander’s entities, or had already been pledged to another lender.”

Despite striking the deal with Moshiri nine months ago, 777 has become increasingly mired in a string of allegations about its business practices.

The Premier League said it was minded to approve the takeover should a number of strict conditions be met, but the repayment of a £158million loan by 777 on April 15 did not materialise. An extension was instead granted to the American firm until the end of the season.

Everton have been lent about £200million in month-to-month running costs by 777 since agreeing the takeover with Moshiri, though Premier League officials have sought further proof of the Miami-based business’s ability to fund the club in the long term.

On Tuesday, the company’s Australian budget airline, Bonza, abruptly ceased operations. Several football clubs across Europe and in South America fall under 777’s umbrella. On Saturday, supporters of Paris-based Red Star handed out fake bank notes bearing a photo of Wander and the words: “In Josh We Don’t Trust.”




If 777 go into administration Everton will be allowed to carry on just to pay their debts right? That’ll be fun

They haven’t told them that BMD is theirs and used that as security to get the money to try and prove to the PL they can sustain us have they?!?!

 

[degsy]

I can see the future. Maybe.

Post in thread 'Tim Cahill - an Everton executive?' https://www.grandoldteam.com/forum/threads/tim-cahill-an-everton-executive.114238/post-9393399

I was OK with that back then - I'm even more OK with it now after the last 2yrs or so to total crap

 

[DanB90]

Everton takeover takes new twist as Kevin Malone jets in to rescue Toffees from 777 Partners​

Matthew Chadder
Sun 5 May 2024 8:26, UK
Kevin Malone is in England and ready to make a rescue move for Everton, according to newspaper journalist Alan Nixon.

Writing via his official Patreon ReluctantNicko (5 May), Nixon has revealed that Malone, who ran the LA Dodgers for many years, is head of a consortium ready to step in if problems continue with 777 Partners.

Is that a picture of the journalist who wrote the piece or are we being bought out by one of the inbetweeners?

 

[SLAVEN BILIC]

Kevin Malone was a general manager of LA Dodgers, he didn’t own them. Bit unsure of where his money is coming from.

 

[formerly manx toffee]

I am equally as worried for life with 777 as life without them. The off field position is much more dangerous to us than onfliwfd

 

[Goat]

Gentle reminder that Alan Nixon is a no nothing S** reporter and you should never take notice or even read what he writes or says.

 

[Tony’s Carp]

Everton takeover takes new twist as Kevin Malone jets in to rescue Toffees from 777 Partners​

Matthew Chadder
Sun 5 May 2024 8:26, UK
Kevin Malone is in England and ready to make a rescue move for Everton, according to newspaper journalist Alan Nixon.

Writing via his official Patreon ReluctantNicko (5 May), Nixon has revealed that Malone, who ran the LA Dodgers for many years, is head of a consortium ready to step in if problems continue with 777 Partners.

Malone / Dodgers vs Loan Dodgers.