777 Partners / Whatever the hell you like

[kenada_blue]

Find his confidence on the fact we'll find a buyer telling.

He still won't say a word about his mate Kenwright and his attachment to R&M and the £200mill

 

[kenada_blue]

All those 100s of millions of losses we made each year, is real money that comes from somewhere that has to be paid mate, while we did that we decided to build a £750 mill stadium, while simultaneously playing manager bingo every six months torpedoing the team - go to the Dyche thread lads still think manager bingo is a great idea, then we asset striped the team

In short skip fire fc.

Potter will save us lad

 

[matty1878]

All those 100s of millions of losses we made each year, is real money that comes from somewhere that has to be paid mate, while we did that we decided to build a £750 mill stadium, while simultaneously playing manager bingo every six months torpedoing the team - go to the Dyche thread lads still think manager bingo is a great idea, then we asset striped the team

In short skip fire fc.

we’re do you think we go from here?

off the field on the field is hand hand now with us

 

[matty1878]

Find his confidence on the fact we'll find a buyer telling.

He still won't say a word about his mate Kenwright and his attachment to R&M and the £200mill

telling? or guessing

 

[matty1878]

Potter will save us lad

unless he’s got 3 billion pound he won’t

 

[matty1878]

btw the 64 voters your all on crack

 

[Sharpies volley]

but it’s true we need all that money to start fresh

wont happen

Well if I was a billionaire I'd think seriously about it. Mind you that's probably one of the reasons I'm not

 

[catcherintherye]

Having to borrow 20 mill for cash flow is very worrying. It hints that there is 0 money in the club to meet ongoing commitments, it’s literally a loan to keep it all spinning for another month.

Need for short term debt for cash flow in a business that’s loss making is a massive red flag.

I would imagine without that finance we would have gone into admin.

We had a cash flow issue before the stadium, but are probably just about managing. The problem is, we have embarked in a new stadium with no funding in place. I would say say most clubs, even the well run ones would be on the brink of collapse with no funding deals in place. Never mind a badly ran one.

 

[Sussex]

Wrong again

They have there own TV deals

This is from 2006

Why Real Madrid Is So Rich

When Real Madrid’s new President Florentino Pérez announced his massive summer spending spree, the first thought I had was: How can Real Madrid afford to sign superstars like Kaka ...

syndication.bleacherreport.com

It’s why La Liga is quite uncompetitive

Haha. Behave. 2006 is your evidence that I am wrong. That is over 17 years ago.

Look at the TV deal for la Liga starting from 2022.

 

[catcherintherye]

So when is the next milestone?

The hope has to be there is a funding solution in place by then.

 

[Goat]

Got to disagree. The assets we have, ie the stadium and the potential we have as a club that is well run. Look at the state of City and Newcastle and Villa to name a few before new owners come in. What about Brighton, Brentford and more.

I look forward to somebody else moving ahead of 777 very soon then.

 

[catcherintherye]

There is always this idea that "once Moshiri builds the stadium we'll be worth more and he can cash in"

This isn't how investors think. They look at the stadium as a cost of sale e.g you need to host football matches and that comes at a cost of say £15m a year at Goodison with ticket income of £25m

They will only see the stadium as adding value if the increase in revenue is greater than the costs of running the venue. It isn't a house that can be sold to multiple buyers.

As it stands the stadium reduces the value of the club. The cost of paying interest on £500m (it will be more) is easily £50m in interest alone. The increase in revenue may only be £20m so we could see profit reduced by £30m over our current situation.

We already lose £50-100m for a bottom 5 level squad

Nation state sports washing is our only hope as they'll just wipe off the debt.

The outstanding figure for the stadium is much lower.

Investors will look at the stadium as an asset. They will potentially know how to monetise it much better.

 

[malfosse]

If that was even remotely true why would 777 loan us money and not just let us go in to admin and buy us for almost nothing instead of agreeing a deal with Moshiri.

If things are that bad why didn’t we sell Pickford and Onana?

That's it, I'm going all in on you now mate.
I really hope you're 'kin right.

 

[Ferguson1878]

450 million...so mishiri stake around 420ish..
350mill loans and say 300 to finish stadium.?

That's assuming new owners want to bankroll the entire thing and start off with no debts at all?

As for paying wages, that is surely what every premiership team has to do and receives similar money (except European qualification perks) through tv revenue etc.
I fail to see how we have no income to pay for wages.

Since January we have received 45 mill for Gordon, 24 mill for Keane, 7 mill for simms, 7 mill for Canon, 4 mill for the young lad Chelsea bought, 1.5 mill John stones addon, 1.5 mill for nkonkou buy on clause, 22 million iwobi, 8 million for grey.

That's 120 million in less than 12 months of sales. Is that not for running costs?

said the same this we spent 400 million 5 years ago doesn’t explain how we’re struggling to pay the leccy bill

 

[Sharpies volley]

I look forward to somebody else moving ahead of 777 very soon then.

I hope so.