777 Partners / Whatever the hell you like

[KaiserEFC]

I know absolutely nothing about finance or business but I’m very suspicious of people who are perfectly happy purchasing considerable debt.


I await the finance junkies telling me how this is perfectly normal and boring everyone to death with their explanation.

 

[Toffeeback]

Arsenal were dire until Kroenke decided to open his pockets.

Villa are spending huge amounts without thought...as are Chelsea who it appears are mandated by the middle east.

RS and United have always had major sponsors and huge incoming revenue streams.

I think the management side would improve but the team needs several hundred million invested before things look rosy.

Will these chaps do that...not whem theyre scrambling for £900k and €4mil for basletball and Genoa.

Liege and Herta fans are now 100% against them.

Doesnt seem to me like American owners know what theyre doing.

Zat, I specifically mentioned that my argument about American owners is not meant at all to defend 777 specifically. You can't take one ownership group that has so far existed outside the EPL only and extrapolate its performance to all other ownership groups of the same nationality in the EPL, which is what you're doing with that last statement.

But hey, if league titles (RS), Champions League appearances (RS & Arsenal - plus almost winning the league), and a team going from the Championship to the Europa Conference League (Villa) is not knowing what they're doing, then every Everton owner for the last few decades must be absolute geniuses, because we've mostly had the exact opposite of that. That's where those American-owned teams stand today. That's just the facts on the ground.

I don't want to rehash the whole argument, as I already made that over several posts in the thread. Just again, 777 probably will be absolute crap for us, but to say that American owners have not been successful in the Premier League or that they do nothing but take profits at the cost of on-field performance is to outright ignore reality in favor of a predetermined, biased worldview.

 

[Curtis]

I find it problematic that 777 can't purchase a 5 million training ground for Genoa but they aspirations to own this hallowed club,their probabily going to setup a gofund me for transfers...

 

[brian labone]

FSG is as clueless as the Glazers. They bought LFC in 2010, and were a shambles until Klopp arrived in 2016 - finishing in the top 4 ONCE. FSG got lucky with Klopp. Hopefully, he'll leave them when his contract runs out in two years time, and they'll revert to being sh*t.

A lot of us said that when Shankley left.

 

[Tommy Chong]

So many red flags with these blokes...

I am genuinely worried about the future of our club.

 

[fc.octavian]

It seems suspicious that the only discussions about selling the club have been with investment funds. Perhaps this is a way to seek a non-transparent transfer to certain parties who would otherwise no longer have the right to own shares in the club? Just a hypothesis.

 

[Somerset Blue]

So many red flags with these blokes...

I am genuinely worried about the future of out club.

You're right to be, we have a season which looks like a funeral march to relegation and that will swiftly be followed by administration in my view. Very sad times.

 

[Tommy Chong]

You're right to be, we have a season which looks like a funeral march to relegation and that will swiftly be followed by administration in my view. Very sad times.

'Private Investment Company' That's what their profile reads. I read that as they manage hedge funds as part of their portfolio.

Hedge funds are as dodgy as f.

As the saying goes: Out of the frying pan...

 

[MrGrumpy]

They’re billionaire queueing up to buy PL clubs yet Farhad can’t seem to find one it’s insane. In a year time u got a brand spanking new stadium in the richest league in the world(Saudi don’t count) about to makes a massive new tv deal with apple(apparently) that will stream every game all over the world and all Farhad can do is find a former coke dealers who scouting Columbia for Pablo Escobar buried cash

 

[Somerset Blue]

'Private Investment Company' That's what their profile reads. I read that as they manage hedge funds as part of their portfolio.

Hedge funds are as dodgy as f.

As the saying goes: Out of the frying pan...

I would imagine they’re looking to flip us asap once they’ve rationalized where they can. Problem is we will probably be a championship basket case in administration.

 

[Tommy Chong]

I would imagine they’re looking to flip us asap once they’ve rationalized where they can. Problem is we will probably be a championship basket case in administration.

Yip, this was my thinking... Cowboy investors looking to turn a quick profit.

 

[rochdaleblue]

You're right to be, we have a season which looks like a funeral march to relegation and that will swiftly be followed by administration in my view. Very sad times.

Said that to a pal. Relegation could force us into administration as to service the debt on the stadium will be problematic with no PL revenues as I highly doubt 777 will.

 

[roydo]

It is all so confusing and murky this. Maybe I am thick, but Moshiri seems to be selling the promise of a finished stadium, which is unfinished. 777 reckon they can access funding to do so, plus the debt(s), plus enough for Moshiri to get few bob back. Without having much cash of their own.

Unless I have missed sommet, that just sounds dead unlikely, or more importantly, a good thing.

 

[Canuck Darryl]

This sounds very dodgy. This may be a situation where the fans need a veto.
Wouldn't that be handy.

 

[roydo]

This sounds very dodgy. This may be a situation where the fans need a veto.
Wouldn't that be handy.

Without knowing any detail, (who does?), it makes me think of Coventry selling to some hedge fund, losing Highfield Road, and being absolutely knackered as a result.