777 Partners / Whatever the hell you like

[pfim]

Wouldn't be great but not the end of the world. As long as we earn more money than the repayment we are still up on the deal. Even if it worked out to the same income as what we get now with Goodison after the rent, which would you prefer, stay at Goodison with the bad views or at least look like we are trying to be a modern club not stuck in the early 20th century?

Frankly, a sale leaseback of the facility sounds like good news considering we can’t pay our bills at the moment.

 

[jinkyali]

Wouldn't be great but not the end of the world. As long as we earn more money than the repayment we are still up on the deal. Even if it worked out to the same income as what we get now with Goodison after the rent, which would you prefer, stay at Goodison with the bad views or at least look like we are trying to be a modern club not stuck in the early 20th century?

On what planet will we earn money from an asset we don't own?

 

[Marius57]

I may be very wrong, but based off some of the things that I don’t really understand on the last few pages, I assume we don’t actually own anything anymore?

 

[Bez2k2k]

Stick a fork in us, its over.

This means what though exactly?

 

[Ferguson1878]

And relegation last season would probably have put us into administration

like we can’t just keep on loaning money just to keep club running every month i honestly don’t know how this can be fixed we’ve trimmed the wage bill , sold players how expensive can it possibly be to run us when every other clubs seems to be doing ok

 

[pfim]

On what planet will we earn money from an asset we don't own?

The same way any business leasing a facility would.

 

[blulouie]

Should have sold up at the same time as Abramovic.
He should have been forced to do it.

 

[Eggsyblueskin]

Should have sold up at the same time as Abramovic.
He should have been forced to do it.

Because we’d already be in administration and our agonies would be over?
Couldn’t agree more .

 

[mightymoyes]

Do these dodgy loans from kenwrights wide boy 'mates' never get paid off?

 

[Market trader]

The number of loans! This is far worse than I could have imagined. It feels like the jackals have come to feast.

 

[Modern07]

I may be very wrong, but based off some of the things that I don’t really understand on the last few pages, I assume we don’t actually own anything anymore?

We still own Neal Maupay

 

[Mrbluenose]

Just a matter of time before this whole mess comes home to roast.

 

[Dixieslaces]

Stick a fork in us, its over.

Certainly not looking good is it.

 

[blulouie]

Because we’d already be in administration and our agonies would be over?
Couldn’t agree more .

No we'd probably have new owners by now & the club would have been rid of Kenwright & Moshiri a good while ago.

The longer these 2 are in control of the club the deeper in the shiz we get.

 

[barneygumble]

This means what though exactly?

Same as any loan.

We’ve basically treated the assets we have as guarantors, so if we don’t meet payments the. The assets can be “seized” of claimed ownership of, whichever way you look at it.