777 Partners / Whatever the hell you like

[DanB90]

It certainly feels like the vultures are beginning to pick us apart.

 

[PhilEFC]

Might come across a bit thick here, but can the the minority shareholders stop it going through?

 

[jinkyali]

Notice how quiet the Goodison Legacy Project stuff has been lately.

Its not going to happen is it.

 

[skumar55]

We might have to hope this takeover goes through as looks Iike financially we are in our bad way.

 

[neil999]

Just who does this crackpot think he is?? Absolutely staggering.

lol one step away from 'I'm being silenced by the msm legacy football media'

 

[Tony’s Carp]

Just who does this crackpot think he is?? Absolutely staggering.

Reaching out to fan groups is the sort of engagement he’s always asking for, but he’s still throwing a tantrum because they aren’t reaching out to specifically him.

 

[efcfanwirral]

They’re buyers of distressed assets aren’t they. Probably determined we were on the brink.

I'd assume they would have preferred to wait til we get relegated, but with there being literally no money right now they've had to act sooner

 

[larbert toffee]

Just who does this crackpot think he is?? Absolutely staggering.

That's actually a good 'for example' least they're not talking to crap wannabee ITK's.

 

[efcfanwirral]

Might come across a bit thick here, but can the the minority shareholders stop it going through?

We might have to hope this takeover goes through as looks Iike financially we are in our bad way.

This is pretty much it - the fans protest and block this and it seems to be immediate existential concerns. Definitely not as black and white as "777 bad" at the moment

 

[Wat Tyler]

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.

People are saying we could be in administration before Christmas

 

[CJR]

Speeding towards administration, this is the end game now, we are in real trouble, getting more and more loans when you can't pay your bills, absolute disaster coming our way!

 

[Bob Elstone]

Speeding towards administration, this is the end game now, we are in real trouble, getting more and more loans when you can't pay your bills, absolute disaster coming our way!

Yes but apart from that…

 

[blueblood]

the numbers involved here are eye watering for us, Joe Public, but in football takeover terms they are still relatively small. Forbes valuations of the top 30 clubs in the world has us at 25th. https://www.forbes.com/lists/soccer-valuations/?sh=4692bc91198b
To an outside investor, Everton, even with stadium costs and loans, is a cheaper option than trying to take over an existing champions league club- by billions of pounds. Moshiri should be appointing a broker to sell the club. The figures touted to by Man Utd recently were upwards of £5 billion. It would cost a fraction of that to buy Everton, settle all debts and meaningfully finance the playing squad. There are better options out there than 777. People/groups with the actual cash themselves rather than relying on debt financing like 777 are.

 

[Moomin]

777 have reached out to Keith Hamish @chicoazul can you confirm this please.

 

[Nymzee]

Always nice to hear we are being lent money to help with day-to-day running of a PL football club by a group of people that might not even end up owning us.