777 Partners / Whatever the hell you like

[pfim]

I was sure this would have been officially killed off by now. Moshiri really hates the fans doesn't he?

777 is done, ergo their bid is done. Wander and Pasko are no longer on the board of the football investment firm, it's been taken over by the workout people and they'll look to recover what they can.

 

[formerly manx toffee]

Still don't understand how they managed to loan £200 to keep us afloat, but couldn't loan the money to actually buy us, who were they loaning the money from and why would those loan sharks give out a £200m loan, that is going to be used as a loan to another entity, yet not be willing to loan even more money, in order to buy that entity who is receiving the loan.

And how did they even get a loan when it's clear they're as broke as the club they're trying to buy ?

It all stinks and needs investigation as does Moshiri's front for Usmanov and Kenwright's involvement and not brushed under the carpet like I worry it will be once we get a suitable buyer

Different types of investor. Lenders want interest. Owners want growth in value

 

[Exeter_Gently]

777 is done, ergo their bid is done. Wander and Pasko are no longer on the board of the football investment firm, it's been taken over by the workout people and they'll look to recover what they can.

Kind Sir...we could do with an official announcement.

 

[Blue peter]

777 is done, ergo their bid is done. Wander and Pasko are no longer on the board of the football investment firm, it's been taken over by the workout people and they'll look to recover what they can.

I’m waiting for a bid from a new merged company called Wan-Ko

 

[pfim]

Kind Sir...we could do with an official announcement.

777 is officially done, ergo their bid is done. Wander and Pasko are no longer on the board of the football investment firm, it's been taken over by the workout people and they'll look to recover what they can.

It's not something necessarily announce officially unless the next one is lined up. But yes, it would be nice if there was a play-by-play of the transaction but not likely to be made public.

 

[MikeH72]

MOSHIRI OUT

 

[Tony’s Carp]

777 is officially done, ergo their bid is done. Wander and Pasko are no longer on the board of the football investment firm, it's been taken over by the workout people and they'll look to recover what they can.

It's not something necessarily announce officially unless the next one is lined up. But yes, it would be nice if there was a play-by-play of the transaction but not likely to be made public.

Announcing what *isn’t* happening would also have limited value if they can’t announce what *is*. In fact, would probably just fuel fears of administration.

 

[Eggsyblueskin]

Still don't understand how they managed to loan £200 to keep us afloat, but couldn't loan the money to actually buy us, who were they loaning the money from and why would those loan sharks give out a £200m loan, that is going to be used as a loan to another entity, yet not be willing to loan even more money, in order to buy that entity who is receiving the loan.

And how did they even get a loan when it's clear they're as broke as the club they're trying to buy ?

It all stinks and needs investigation as does Moshiri's front for Usmanov and Kenwright's involvement and not brushed under the carpet like I worry it will be once we get a suitable buyer

In a nutshell the £200m came from the pockets of citizens of the U.S.A. who don’t ,as of yet , realise their pension funds have passed into (and out of ) the coffers of a failing football club in North West England .

 

[Lobworm]

In a nutshell the £200m came from the pockets of citizens of the U.S.A. who don’t ,as of yet , realise their pension funds have passed into (and out of ) the coffers of a failing football club in North West England .

arfing here

*I hope that's not the case like

 

[Eggsyblueskin]

arfing here

*I hope that's not the case like

It is actually true .

 

[DanB90]

In a nutshell the £200m came from the pockets of citizens of the U.S.A. who don’t ,as of yet , realise their pension funds have passed into (and out of ) the coffers of a failing football club in North West England .

God bless America

The land of the free and the home of the baseball cap wearing fraudsters.

 

[Lobworm]

It is actually true .

*feels bad

That said, the money would have otherwise been invested in drones and weapons used to kill people, wouldn't it lads?**

**feels better

 

[Tony’s Carp]

In a nutshell the £200m came from the pockets of citizens of the U.S.A. who don’t ,as of yet , realise their pension funds have passed into (and out of ) the coffers of a failing football club in North West England .

“I’m sorry, we can’t pay out your life insurance, would you accept Mason Holgate instead?”

 

[Blueberry Muffin]

In a nutshell the £200m came from the pockets of citizens of the U.S.A. who don’t ,as of yet , realise their pension funds have passed into (and out of ) the coffers of a failing football club in North West England .

As an American, I've given up hope on retirement and I'm happy to contribute the funds needed for Everton to afford the contracts of any number of 39 year old fullbacks.

 

[Moderatelywarmwater]

Interesting reading the Swiss Ramble today. Essentially he says that it’s possible that even player sales might not be enough to cover expenses and as such, there remains a small chance of administration.