777 Partners / Whatever the hell you like

[davids]

Probably the best option in town now for Moshiri is MSP taking up their option. He’s going to lose 100% of his shares for nothing the way things are going so losing 51% of them for nothing is better. Then he can at least check out the rest when things stabilise and the value increases. Moshiri / Bell / Downing / MSP are co-parties to the loan so they must have some ability to work together.

The role Bell is currently taking is a bit unclear, is he acting as security agent, creditor or just concerned Evertonian? Maybe he’s in working on the branding for the AJ Bell Arena.

Life-long Evertonian creditor pulls the plug and forms St Domingo FC shocker!

 

[Evertonthat]

It's a long old list that Moshiri has created of how not to do something. Currently working on how not to sell a football club. Maybe he's trying for a best selling book? "How not to", by Farhad Moshiri!

Hopefully he's on the final chapter!

 

[Tony’s Carp]

At this point what is there really left to discuss?

 

[micknick]

just cant see how this is all resolved with a good ending for us. Any potential buyers are probably circling to wait until we're in administration to get us even cheaper.

The record TV deal that comes in for 2025 and moving to BMD will make a huge difference to facilitate debt but we have to get to that point in tact somehow.

 

[Daytripper]

Front page of the Echo

Obvious question is where was this level of scrutiny from them years ago? They won’t answer that of course

 

[Eggs]

Front page of the Echo

Obvious question is where was this level of scrutiny from them years ago? They won’t answer that of course

….its because the Quadruple is dead so they’re looking to our fanbase for hits.

 

[micknick]

At this point what is there really left to discuss?

 

[Dymak]

The point being made about the money owed to Moshiri is a good one. Whilst he remains in control, this money is effectively seen as an investment from himself, a lost investment as things stand. But if he loses control, he becomes another creditor, our biggest creditor in fact.

It’s a bit mad, but it seems like being a major creditor elicits a significant amount of power. It allowed R&M Funding the power to refuse MSP’s takeover, for example.

It makes you wonder whether Moshiri and Usmanov think that they would be better off as creditors that can demand their cash back, as opposed to being owners that are obliged to pay other creditors their money back.

Anyone wanting to buy Everton would really need Moshiri to write the debt owed to him off… but will he agree to that, and would he prefer to see us in administration?

 

[Toffe3m4n]

According to Myers - Moshiri and 777 met in London yesterday with a resolution/outcome expected on the status of the takeover 'before the Sheff United game'.

 

[allen]

At this point what is there really left to discuss?

I can't imagine this farce ending in the next 3 days, though I'd be delighted if it did.

I'm resigned to it filling the majority of the close season - at least.

 

[MikeH72]

MOSHIRI OUT

 

[Charro]

Usmanov is behind the 777 thing.

 

[Blue Willy]

Usmanov is behind the 777 thing.

And a fair few secretive Swiss bank accounts.

 

[Exeter_Gently]

Usmanov is behind the 777 thing.

What makes you think this mate?

 

[jimmythenut]

Got a feeling at this point Moshiri to save face might pull the plug on 777 and state club no longer for sale.

Appoint a new board, and we will get some statement about how he pulled out of the takeover to protect the fans.

Lots of PR, most fans will think we're saved, but in reality riddled with more debt.