777 Partners / Whatever the hell you like

[kenada_blue]

Thank God for the fit and proper owners test.

Thanks a lot Mr Masters.

Anyone who thought that was to "protect" clubs needs to get some fresh air.

 

[MikeH72]

Until we're told the deal is off it's still on.

It was never on.

 

[pfim]

Don't know why but, I have this funny feeling in my gut that the stadium build is going to go tits up mate. Not lose it like but work stopping and everything at a standstill.

More likely we’ll be able to call it “The House that Branthwaite Built”

 

[Walken]

Step too far. RMF or their predecessor was gone and brought back under Moshiri’s watch. Kenwright isn’t approving interest bearing debt unless it’s at Moshiri’s behest.

Who introduced green to Everton?

No doubt Moshiri deserves shoeing for his part, but green is nowhere near Everton without Kenwright

 

[Goat]

Anyone who thought that was to "protect" clubs needs to get some fresh air.

Oh its to protect the "brand".

100%.

 

[Tony’s Carp]

Don't know why but, I have this funny feeling in my gut that the stadium build is going to go tits up mate. Not lose it like but work stopping and everything at a standstill.

I can’t see it. It’s months til completion and less than a Branthwaite still to pay. By hook or by crook it’ll get over the finishing line.

 

[Goat]

I can’t see it. It’s months til completion and less than a Branthwaite still to pay. By hook or by crook it’ll get over the finishing line.

We could always send @tommye round to finish it off.

 

[pfim]

I can’t see it. It’s months til completion and less than a Branthwaite still to pay. By hook or by crook it’ll get over the finishing line.

Branthwaite Moore Dock

 

[peteblue]

Don't know why but, I have this funny feeling in my gut that the stadium build is going to go tits up mate. Not lose it like but work stopping and everything at a standstill.

That won’t happen. Investing in players has proven a bad investment. The ground is another matter entirely. It’s physically going to exist, it will generate revenue and it will increase in value as an asset in a wonderful location. Moshiri will ensure the ground is built as this is his only guaranteed asset…imo obviously…….

 

[Hellerad]

But this is why reinsurance firms in the past have not invested those premiums in illiquid, risky and/or cash burning businesses. I would also assume they have little or no recourse should a company like ACap want to close out their position.

It was always disingenuous of them to state they invest their own money in these acquisitions, it was never their money.

Except that 777re is the reinsurer for ACAP!!! It’s a sketchy situation. Ultimately ACAP is so invested in 777 that they won’t push any default that they can avoid or restructure.

 

[Exeter_Gently]

It was never on.

Mike...it's still on till it isn't.

 

[pfim]

Except that 777re is the reinsurer for ACAP!!! It’s a sketchy situation. Ultimately ACAP is so invested in 777 that they won’t push any default that they can avoid or restructure.

And they’ve lent 777 affiliates cash directly, which it seems like they are foreclosing on (planes), or they’re able to use that collateral to unwind their reinsurance positions to get back into acceptable risk parameters.

 

[LouReedwalkonthewildside]

We could always send @tommye round to finish it off.

@tommye be like...

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[tommye]

@tommye be like...

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I'd do it for free if the materials are there.
Be a pleasure to help get the best football stadium in the country up and running.
They can throw me some tickets if they want.

 

[tommye]

As a side note some of you might have to distract the H&S fellas while I cut a few corners to get it done as cheap as possible