777 Partners / Whatever the hell you like

[kenada_blue]

Everton takeover threat as potential buyers 777 accused of 'Ponzi-scheme' fraud

The difficulties around the 777 deal could lead to alternative bidders emerging as soon as this week.

inews.co.uk

Desperate swing to entice people who don't really want to own a football club.

 

[14_dollars]

Ernst Stavro Blofeld could be an option.

 

[Dario Terracotta]

Ernst Stavro Blofeld could be an option.

Henry was into cricket though?

 

[Exeter_Gently]

Everton takeover threat as potential buyers 777 accused of 'Ponzi-scheme' fraud

The difficulties around the 777 deal could lead to alternative bidders emerging as soon as this week.

inews.co.uk

Dave Parsley... rotten name that

 

[The Binman]

Unfortunately at this time there is nothing marquee about Everton thanks to bungling bill and the moshpit.

Hopefully the new, amazing stadium will go some way to bridge that massive chasm like gap!!

 

[Lobworm]

Dave Parsley... rotten name that

Source?

 

[Exeter_Gently]

Source?

Maybe mustard

 

[Lobworm]

Maybe mustard

Chris Coleman as DOF, so I hear.

 

[AndyC]

Myers raising the 777 issue on SKY.. this deserves more attention nationally and internationally...

Everton need clarity as 777 Partners takeover saga rumbles on

The uncertainty surrounding 777 Partners has now reached the point where, understandably, many Everton fans are demanding clarity, writes Sky Sports News reporter Alan Myers

www.skysports.com

Myers saying nothing that people haven’t realised weeks, no months ago.

 

[Bulldog]

No mate. QIA were former investors with me. So is KIA, the Kuwait Investment Fund, ADIA, and Mubadala, among there’s.

But I work with family groups in Asia today. Above $10bn AUM.

A lot of them are second generation kids trying to take over Dad’s business. Smart, studied in the UK or the US.

I kid you not. A lot of money trying to get out of China these days. Especially trying to invest in Europe where relationships are warm. A UK football club will be a nice marquee investment.

We have been prostituting ourselves around for 12-24 months trying to find a buyer, anyone interested has had plenty of time to come forward. Also I would guess any wealthy group would know how to contact Deloitte rather than ask on a fans forum?

 

[AndyC]

They just use the Alan Nixon story.

Nothing in this for me.

Are three words that completely sum up this utter nonsense rumour

 

[Mr Happy]

We have been prostituting ourselves around for 12-24 months trying to find a buyer, anyone interested has had plenty of time to come forward. Also I would guess any wealthy group would know how to contact Deloitte rather than ask on a fans forum?

Such a cynic

 

[Mr Happy]

No mate. QIA were former investors with me. So is KIA, the Kuwait Investment Fund, ADIA, and Mubadala, among there’s.

But I work with family groups in Asia today. Above $10bn AUM.

A lot of them are second generation kids trying to take over Dad’s business. Smart, studied in the UK or the US.

I kid you not. A lot of money trying to get out of China these days. Especially trying to invest in Europe where relationships are warm. A UK football club will be a nice marquee investment.

And when PRC reclaim Taiwan in next 2-4 years, then what. Would be Usmanov Mk2 but on a more catastrophic scale.

No disrespect intended mate, but I'm calling BS on your assertions. If you manage portfolios in those sorts of numbers, Deloite come to you.

 

[lljh23]

No problem. I don’t manage their assets. Just that I worked with them or that they were my clients in my job. It may be odd to say given how much assets they are managing, but after dealing and working with them for so many years, they become personal friends are just but a one call or email away.

To be frank the institutions can move less nimbly than the family groups do. I would say if the equity amount that needs to be raised to discuss this transaction is in the ballpark of $500mm, it is something very possible indeed.

Of course do the proper KYC. But these folks have assets all across the UK

Deloitte wouldn’t call me because this is a consortium that I am thinking of putting together consisting of various groups that aren’t existing as an a combined entity on paper yet. What they will do is call the sovereign funds like a checklist (QIA, Temasek, Japan Life..)

Am saying not for BS, sure I can try to find my way around Deloitte for a chat. The point is, there are seriously a lot of good folks that can look into this deal for real. Much more than a debt laden fund manager like 777 in all sorts of trouble.

Never let our club go like that. It’s another downward spiral for the next 5 years. I already had enough the last few seasons.

And when PRC reclaim Taiwan in next 2-4 years, then what. Would be Usmanov Mk2 but on a more catastrophic scale.

No disrespect intended mate, but I'm calling BS on your assertions. If you manage portfolios in those sorts of numbers, Deloite come to you.

 

[lljh23]

@Bungle works for Deloitte. Probably best to send him a private message.

Thank you mate. I dropped him a message.