777 Partners / Whatever the hell you like

[Ferguson1878]

There are basically 4 issues here:

1) We'll be owned purely as an investment from here on in. No one with any knowledge of this club and what forms its identity or history has any involvement with 777. Decisions will be made for the benefit of 777 and those funding them and those interests may not align with ours.

2) Their on and off pitch track record elsewhere really isn't inspiring. Continuing to exist and hold premier league revenue streams will likely be the sum total of on field ambitions from here on in. This was probably the reality anyway but it becomes explicit now. 777 don't have the resources for any other future to be possible.

3) Given our on field prospects aren't exactly stellar the root of this investment has to be the stadium, which raises the prospect of it being separated from the club at some stage; and

4) They look and smell highly dubious

But even with all that written out, they still seem a safer bet than Moshiri.

What an absolute disaster we have become.

more of the same then for the first issue

 

[Tramps_mate]

Subject to fit and proper tests etc it’ll all be done and dusted by the end of the year!

We can only hope for the best now.

I'm not worried now about 777. I'm fairly confident they won't pass the fit and proper tests..

 

[Tony’s Carp]

so you think 777 is …?

....significantly less of a risk to the immediate future of this club than Moshiri and Usmanov.

 

[Bluesaint]

A mate of mine works for another large firm in this area, and he told me his firm, and all the big ones, flat out refused to audit Everton's accounts, hence we ended up with a lower tier firm doing it in the end, and we were probably lucky to get them.

Not one big firm wanted to touch us due to Moshiri and his associations with Usmanov. They simply did not want the exposure to dealing with a sanctioned individual, and they simply did not trust Moshiri to provide any truthful information. He is persona non grata in UK financial circles.

This is why I've been saying for months and years ANYTHING that gets their poison out of our club is welcome. At the moment we are only functioning at all through luck and some blind eyes being turned. No matter who comes in they day they are out will be a good day.

Very good post.

 

[Neiler]

A mate of mine works for another large firm in this area, and he told me his firm, and all the big ones, flat out refused to audit Everton's accounts, hence we ended up with a lower tier firm doing it in the end, and we were probably lucky to get them.

Not one big firm wanted to touch us due to Moshiri and his associations with Usmanov. They simply did not want the exposure to dealing with a sanctioned individual, and they simply did not trust Moshiri to provide any truthful information. He is persona non grata in UK financial circles.

This is why I've been saying for months and years ANYTHING that gets their poison out of our club is welcome. At the moment we are only functioning at all through luck and some blind eyes being turned. No matter who comes in they day they are out will be a good day.

Not sure I'm with you wholly there mate. The dude has been dropping blank cheques to forgive our sins, of his own making admittedly, but his absence creates a financial vacuum that needs to be filled - somehow and this crowd based on the evidence can be absolutely worse.

There is the morality piece of truth in all you say but there is the pragmatic reality piece and what it means for the club as well.

 

[chazzle_dazzle]

What percentage do they own of the clubs they are involved in? is there somewhere to find this and when they have been involved in since?

Truth be told, I don't fancy this - but read some very interesting stuff about their involvement with Genoa. There seems to be lots of finger pointing about clubs they are involved in but not doing well - but what do they own of these and from when?

I don't think they get the club all truth be told, interesting to see someone might have insight on them having a co-investor which is the only way this makes any sense to me personally.

I think eventually we would be owned in a multi club model, preferably one we controlled like the city group - players, fees and moving around could be a benefit of this.

 

[gazzaa2]

....significantly less of a risk to the immediate future of this club than Moshiri and Usmanov.

Yeah it secures the future of the club.

 

[Toffe3m4n]

What can we realistically expect now?

Honestly? christ knows.

Think what is a given though is that they'll be going gung-ho on the stadium first and foremost. The squad will be an afterthought.

 

[LocalNative]

Now do the clubs they have majority stake

Genoa relegated and promoted the following season.

Took over Hertha Berlin in March 2023 with them rock bottom of the league. They went down.

Vasco de Gama promoted to top division first season, struggling in the top division this season.

Standard Liege pretty much same position as when they took over, no real change.

 

[BlueStevie35]

ok other than being called 777 what do you think they will bring? look at there other clubs they’re all floundering

They only own 3 clubs outright, everything else is stakes

 

[coollino]

Probably best you take this to the dark web, lads.

Sadly I'm not a forum supporter

 

[Neiler]

Yeah it secures the future of the club.

I dont think it does secure the future of the club mate = nothing change sin regard to our finances - unless they are going to be writing off losses and investing and they haven't done that anywhere else.

Even their press release this morning they are talking about commercialism already.

 

[Mademan]

Bit of a lad Wander

 

[Toffe3m4n]

Genoa relegated and promoted the following season.

Took over Hertha Berlin in March 2023 with them rock bottom of the league. They went down.

Vasco de Gama promoted to top division first season, struggling in the top division this season.

Standard Liege pretty much same position as when they took over, no real change.

They've had very little direct influence/involvement with their actual playing squads. Most of their money goes towards commercial & infrastructure.

 

[LocalNative]

They're not as bad as some make out is the bottom line.

The protests against them at Red Star are mostly due to the club historically being a working class, grassroots team. US billionaire ownership goes against that.

They're not gonna pump millions into transfers, but they'll do no worse than Moshiri put it that way.