777 Partners / Whatever the hell you like

[Cake]

Would be nice if Everton/Moshiri released a statement soon.

48 hours

 

[Bazlar]

 

[Simon Buttle]

"777 Partners is an alternative investment platform that *helps bold entrepreneurs transform visions into enduring value."

"Their estimated annual revenue is £76.6m" and 'they' have lent us £200m so if 'they' have lent us the equivalent of more than 260% of their own entire income (aside from the billions in 'assets' they claim to 'manage') how could they possibly be bankrupt if nobody knows how much money they haven't got because they never supply accounts?

*So whose roubles have they 'lent' to us?

Run for the hills and hope Custer is on the other side!

It's money from unsuspecting Yank pensioners not rubles, the rubles thing is a bit of a silly shout if it turned out to be that we would be utterly finished and the PL and the government would probably finish us off at the same time.

 

[RomanReigns]

nothing to see here guys, just a football club owned by 777 going into meltdown

 

[Wat Tyler]

 

[Azza]

What happens with the debt if they go bust?

The people who they lent it from originally will want it back.

But given, as their latest lawsuit suggests, they were doubling down on assets and securities it'll be a very long drawn out process. Made even more harder this the loans they have us were technically not secured against anything.

I imagine Everton will be recommended to still make repayments and that money will just go and sit in an account somewhere.

 

[stretford blue]

To be fair Alan Myers called this 2 days ago...The only true EFC ITK, Goodnight,God bless.

To be fair the esk called it 8 months ago

 

[chicoazul]

I'd love @chicoazul to start a football finance blog called 'Financial-azul' and scam the Telegraph and Guardian.

I can just see it now: "Azul, a respected Everton blogger and financial expert, has revealed that a back channel has been opened with Newcastle's Saudi owners and that they are sensationally considering quitting the north east club to take on the Merseyside club".

My beloved comrade I so wish I could help you with this kind wish, alas Emperor Elon has taken my free speech away for tweeting I’d like to uppercut his head off.

These tories are quite the hypocrites.

 

[sd_1992]

"777 Partners is an alternative investment platform that *helps bold entrepreneurs transform visions into enduring value."

"Their estimated annual revenue is £76.6m" and 'they' have lent us £200m so if 'they' have lent us the equivalent of more than 260% of their own entire income (aside from the billions in 'assets' they claim to 'manage') how could they possibly be bankrupt if nobody knows how much money they haven't got because they never supply accounts?

*So whose roubles have they 'lent' to us?

Run for the hills and hope Custer is on the other side!

If that is true that seems like a massive “them problem”.

 

[Exeter_Gently]

To be fair the esk called it 8 months ago

You mean Paul Quinn...wish people would stop calling him by that stupid name.

 

[GoldenToffee]

To be fair the esk called it 8 months ago

Esk here on the right tonight.

 

[allen]

Mad that we’ve caused the death of 777 by them overstretching in an attempt to buy us.

Effectively, thanks to us being so debt-laden and difficult to finance, we’ve taken out a bunch of absolute sharks.

You’re welcome, world.

 

[Exeter_Gently]

Go to jail
Go directly to jail
Do not Pasko

Very good

 

[matty1878]

To be fair the esk called it 8 months ago

so did i

 

[The binman chronicles]

Took Moshiri 8 months to learn what everyone else on the Planet already knew. His incompetence knows no bounds. How he ever became a billionaire i don't know. Back to square one with 8 months wasted with the only plus point being that we are not being handed over to the bunch of bankrupt fraudsters. Plenty of time for him to find even worse i guess.

To be fair his hands were tied, all this had to run its course despite how ridiculous it seemed.

When Moshiri started the process 777 had numerous clubs and although looked dodgy weren't in imminent danger of collapse. After they sunk in the first 100 million would you pull out and face the penalties?

Toffee TV made a decent point earlier that so many of the sharks circling want to take us from a position of administration which suits them, not the club. Say what you want about 777 but least they were pumping in money to us to help us continue without that happening.