777 Partners / Whatever the hell you like

[jinkyali]

Now the sale of the club begins in earnest.

Publicly.

 

[blulouie]

The only news i was interested in was the MSP extension.

That was the most immediate threat.

"The club will continue to operate as usual"

Frightening

 

[Neiler]

I suspect, now that he now knows his ambitions to get significant money back for his shares is at an end, interested buyers of the club looking to take on the debt will materialise now.

I don't think the debt will ever be fully met mate, i think an agreement will be reached with R&M, MSP and 777, for something but not all of it.

The dynamic to my mind is this, administration suits a new owner as all debts are wiped clear.

Administration doesn't suit R&M, MSP and 777 as they will get pennies on the pound.

Thus any potential new owner is going to negotiate down that debt, with the debtors and Moshiri.

That's where we will be at now. Either the debtors get something or nothing.

Been saying for Months now Moshiri's stake is worthless.

 

[Neiler]

"The club will continue to operate as usual"

Frightening

lol first thing i thought!

 

[Shevin Keedy]

Bring on the Sheikhs!!!

 

[CahillsCornerFlag]

Also, what board of directors? Chongy sat on his own in a boardroom?

 

[BenToffee79]

We are safe mate! All our worries are over! A saviour has stepped forward!
The Esk has come up with a five point plan

Sooner be told the hard truth about the state of the club than have my head buried in the sand , imagine going after the guy who’s telling you your house is on fire rather than the bloke who caused it

 

[Eggs]

I don't think the debt will ever be fully met mate, i think an agreement will be reached with R&M, MSP and 777, for something but not all of it.

The dynamic to my mind is this, administration suits a new owner as all debts are wiped clear.

Administration doesn't suit R&M, MSP and 777 as they will get pennies on the pound.

Thus any potential new owner is going to negotiate down that debt, with the debtors and Moshiri.

That's where we will be at now. Either the debtors get something or nothing.

Been saying for Months now Moshiri's stake is worthless.

….might be a daft question, but how does ‘administration suit a new owner’ when it incurs an automatic points penalty next season (possibly in addition to FFP deduction)? I’d have thought it imperative for any new owner to maintain top flight status going into BMD.

 

[GoldenToffee]

"The club will continue to operate as usual"

Frightening

Three-year contract extension for Dele Alli with a salary increase up to £175k a week to 'retain his value as an asset'.

 

[davek]

I don't think the debt will ever be fully met mate, i think an agreement will be reached with R&M, MSP and 777, for something but not all of it.

The dynamic to my mind is this, administration suits a new owner as all debts are wiped clear.

Administration doesn't suit R&M, MSP and 777 as they will get pennies on the pound.

Thus any potential new owner is going to negotiate down that debt, with the debtors and Moshiri.

That's where we will be at now. Either the debtors get something or nothing.

Been saying for Months now Moshiri's stake is worthless.

Yes, spot on that mate. We just need to show any buyer that it wont be possible to snap us up in administration, and that depends on being able to keep the club going.

The club has a lot of issues, but it also has a great future. Interested parties will see that.

 

[Bluebirdie]

Bring on the Sheikhs!!!

Had them ever since 777 registered an interest

 

[GoldenToffee]

….might be a daft question, but how does ‘administration suit a new owner’ when it incurs an automatic points penalty next season (possibly in addition to FFP deduction)? I’d have thought it imperative for any new owner to maintain top flight status going into BMD.

Off the top of my head, and maybe wrong, but I'd assume they'd be getting a Premier League club at a Championship club's price. Or something like that? Essentially any owner buying us after administration must accept we're relegated that season and factor this into their planning.

 

[gazzaa2]

Can we thank the Premier League for delaying it?

 

[gazzaa2]

Yes, spot on that mate. We just need to show any buyer that it wont be possible to snap us up in administration, and that depends on being able to keep the club going.

The club has a lot of issues, but it also has a great future. Interested parties will see that.

The future is blue.

Our best days are ahead of us.

 

[Exeter_Gently]

Can we thank the Premier League for delaying it?

No