777 Partners / Whatever the hell you like

[Curtis]

Im afraid so.

Do you want to lend my glasses?

Through mine I can see a club in debt by around 1.4billion, losing millions weekly and the arse has fell out of its revenue.

There are a number of clubs looking for "investment" currently in the league, I would probably invest in ANY of them over Everton.

But as a long time everton supporters it's natural for you to have a anti everton bias

 

[IrishBlue2022]

Historical claims by the Esk:

Witsel is ours X
Usmanov has nothing to do with Everton X
BMD design on a Napkin X
Our 2023 accounts are complaint X
777 won’t happen

You will also find he posted way back that they would be taking over. Covered both bases as always.

 

[captainvindaloo]

Are there any in the wings?

I feel like the only wings we have are chicken wings, and they are dodgy looking left-overs. Although, even they would make for better owners than this shower of chancers.

 

[Somerset Blue]

I’d wager that no one would seriously want this basket case of a club at present that wouldn’t have been interested when 777 first got involved. We are now less attractive as the debt has gone through the roof! The only way I can see is administration sadly.

 

[jonnyboy316]

You will also find he posted way back that they would be taking over. Covered both bases as always.

Classic Esk. I should have known

 

[wainy]

Personally, I think the people in the wings are waiting to feast on our cold dead body.

This. People will be watching the club bleed and will only step in when it can take no more pain before its inevitable death. Vultures.

 

[Curtis]

People also need to acknowledge our status as a premier league club was in jeopardy as we look likely to be relegated just due to the point deductions, so I'm sure thar made some potential investors wary as well

 

[Goat]

Where does 1.4 billion come from?
200 million to 777
156million to MSP
Something like 200 million rights and media?
Another 100 million ish for stadium completion.

450m to BlueSky Capitol
220m to 777
240m to MSP
25m Metro
100m for Stadium
300m for the Shares

So not all debt, but still.

 

[Goat]

But as a long time everton supporters it's natural for you to have a anti everton bias

I just dont think we are attractive from an investment POV.

As the chap above says, we would make a great sports washer machine, but as a sensible viable investment? Not for me.

 

[Dymak]

450m to BlueSky Capitol
220m to 777
240m to MSP
25m Metro
100m for Stadium
300m for the Shares

So not all debt, but still.

BlueSky Capitol are never getting their money back imo

 

[Goat]

BlueSky Capitol are never getting their money back imo

I cant imagine so.

 

[Neiler]

This. People will be watching the club bleed and will only step in when it can take no more pain before its inevitable death. Vultures.

It’s essentially a game of chicken between Moshiri and potential investors.

Moshiri needs funds to meet cash calls as he is Everton.

Moshiri also wants a certain price for his shares.

Investors hold the tension, use the need for cash calls and wait for Moshiri to drop his price.

If 777 stop funding in June (I’ve already moved on from them) the music stops and someone has to sit in the funding cash call chair.

Moshiri, could kick the can down the road sell Branthwaite that might get him through to Sep.

 

[Blue Smoke]

Everywhere ive read is MSP at 158million not 240million.
I didnt realise the bluesky 450million though.

 

[Blue Smoke]

At what stage would the PL step in and say that with all the new problems with 777, that they wont allow 777 to proceed even if they found the MSP loan money?

 

[Goat]

Everywhere ive read is MSP at 158million not 240million.
I didnt realise the bluesky 450million though.

I have a fondness for making numbers up.