777 Partners / Whatever the hell you like

[roy vernon]

So if 777 do go belly up that’s £200m we won’t have to pay back I believe ?

If that’s true and they do go pop what a stroke of luck

I think the receiver's wouldn't be long in insisting in the repayment of the loan, one way or another.

 

[matty1878]

I doubt it.

Not straight away, IMO.

why not? there’s obvs been watching the situation

the sooner the better we’ve got a big summer of the pitch will dictate how we will be on it

 

[Goat]

why not? there’s obvs been watching the situation

the sooner the better we’ve got a big summer of the pitch will dictate how we will be on it

It seems unlikely anything is sorted before the window closes.

 

[stretford blue]

we’ve probably bankrupted these

Once Everton has touched you

 

[DaChunk]

News @ 10

Moshiri still hopeful of 777 Partners deal going ahead

lol

Cheers Al

 

[matty1878]

No chance I'm afraid. The money will still be owed to whichever of their many creditors takes it on.

i went bankrupt about 19 years ago

and what i owed was writ off

i had to go to court in town pay £250 fee and i was discharged from the bankruptancy after 12 months

i don’t know if it works the same like

 

[matty1878]

Once Everton has touched you

lol lol lol lol

 

[matty1878]

It seems unlikely anything is sorted before the window closes.

what window goat in goodison?

 

[Tony’s Carp]

i went bankrupt about 19 years ago

and what i owed was writ off

i had to go to court in town pay £250 fee and i was discharged from the bankruptancy after 12 months

i don’t know if it works the same like

It's kind of the same but in this case 777 both owe loads of money and are owed money by us. In that situation the money that's owed to them will one way or another be used to pay off those that they owe money to.

There's no chance of us getting off with the debt unless we ourselves go bankrupt, which of course we don't want (and won't happen). 777 owe money all over town and there will be a scrap to take over the debt we owe them.

 

[matty1878]

It's kind of the same but in this case 777 both owe loads of money and are owed money by us. In that situation the money that's owed to them will one way or another be used to pay off those that they owe money to.

There's no chance of us getting off with the debt unless we ourselves go bankrupt, which of course we don't want (and won't happen). 777 owe money all over town and there will be a scrap to take over the debt we owe them.

so we will obvs owe the money to they (or who ever it was )

 

[Ruairi77]

It's kind of the same but in this case 777 both owe loads of money and are owed money by us. In that situation the money that's owed to them will one way or another be used to pay off those that they owe money to.

There's no chance of us getting off with the debt unless we ourselves go bankrupt, which of course we don't want (and won't happen). 777 owe money all over town and there will be a scrap to take over the debt we owe them.

I'd imagine favorably restructuring the loan might be an option tho.
As in, a new EFC owner could guarantee X upfront to satisfy some 777 creditors, some of the remaining loan gets struck off or renegotiated at a reduced rate.

 

[Dr Baxter]

i went bankrupt about 19 years ago

and what i owed was writ off

i had to go to court in town pay £250 fee and i was discharged from the bankruptancy after 12 months

i don’t know if it works the same like

I always suspected a mate of mine (now dead) went bankrupt but I never knew for certain. Is there away to find out online?

 

[Infernus]

No chance I'm afraid. The money will still be owed to whichever of their many creditors takes it on.

Usually if the parent company (777) is bankrupt or defunct though, this could mean that Everton may negotiate and pay them a small portion of the sum owing. This is why Everton aren't going into administration, as all of their creditors will receive a fraction of what is owed to them

 

[Ruairi77]

I always suspected a mate of mine (now dead) went bankrupt but I never knew for certain. Is there away to find out online?

ha, this is up there with the weirder posts in GOT history!

 

[mccole]

I always suspected a mate of mine (now dead) went bankrupt but I never knew for certain. Is there away to find out online?

Ask Josh Wander