777 Partners / Whatever the hell you like

[Exeter_Gently]

Thought we had well resourced and intelligent people working behind the scenes to secure our future?....feels like we're falling further and further into a hole.

 

[GrandOldTeam]

The bar (Premier league) won’t serve you (Usmanov) any more drinks because you’re too drunk (invading another country). So you (Usmanov) give your money to someone else (777) who then buy the drinks for you.

Sort of.

It kind of all falls apart when you see that the 777 empire is collapsing around them.
I think they’re just shuffling money about until they go bankrupt personally.

They buy distressed assets - chaos will always be around them.

Day one of them being mentioned, I was saying on here no smoke without fire and with them you can see the flames. That was as a result of historical media reports. The chaos headlines have been around forever.

A Premier League club just puts a lot more media attention on it.

 

[Tony’s Carp]

The club keeps getting people to give it cash. As long as that happens, there’s no administration. If the money from the new loan rumored pays off MSP, that’s the most immediate creditor that needs satisfied.

It wouldn’t totally surprise me if this little game now keeps going until the stadium is fully paid for.

 

[pfim]

matty explain please?

Your parents gave you a deadline to move out, but keep extending it because you give them money.

 

[JohnJq]

why would it be?

Beacuse 777 are the only party they are engaging with, and are as dodgy as it gets.

 

[Tony’s Carp]

 

[Walken]

The theory being 777 is just a mechanic to put money - unsecured working capital into the club.

You've just opened yourself up to a new line of questioning from Matty

 

[TmoMoney0721]

My Guess is the agreement always ended at the end of May. Nothing to panic about people.

 

[pfim]

Yeah but that’s no fun. What would we talk about until May 31st if that’s the case?

 

[blueboy72]

The Bobble said it was 55 million remaining for the stadium.

Both BBC and the Bobble are good sources so I'm unsure which one to believe really.

I was going to post that John blain said it was less than a 100 million, but some think John is a blagger, which he well maybe, but personally I quite like listening to him as he knows a lot more about business and finance than me

 

[dublinbluenose]

Better for Moshiri to still have the pretence of a sales upcoming than to admit the 777 deal is dead, I suppose.

 

[Exeter_Gently]

I fancy Bouldy dead hard.

 

[mahermi1]

My Guess is the agreement always ended at the end of May. Nothing to panic about people.

Seriously the writing has been on the wall for absolutely ages with 777, Moshiri has to be the biggest idiot the World has ever seen to keep extending this pointless exercise in futility. The longer it goes on the deeper in debt we become, he's at the stage where he will be totally responsible for killing our club.
Gee thanks Bill for getting him on board.

 

[Exeter_Gently]

My Guess is the agreement always ended at the end of May. Nothing to panic about people.

Mate panic is the only place I call home.

 

[MikeH72]

Seriously the writing has been on the wall for absolutely ages with 777, Moshiri has to be the biggest idiot the World has ever seen to keep extending this pointless exercise in futility. The longer it goes on the deeper in debt we become, he's at the stage where he will be totally responsible for killing our club.
Gee thanks Bill for getting him on board.

He is.