777 Partners / Whatever the hell you like

[Azza]

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?

Because there wouldn't be anything to buy.

Rights and Media Funding would get the football club.

 

[Ferguson1878]

wonder if all these leaks of needing loans is to get fans to think selling to 777 is what’s best for us , i’m already coming round to it if the other option is going out of buisness

 

[Neiler]

we’re do you think we go from here?

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

Somethings got to give mate, it’s clear if we’re borrowing 20 mill to cover cash flow, then next month either Moshiri needs to put something in, 777 may put more in, we take out a loan for the remainder of the funding of the stadium and limp along with other costs, or we default on our creditors and that’s administration. We might try and limp along to Jan - maybe sell a player then.

On the field, we need stability, simple as, manager bingo is contributing to all off the above and to be honest, its like moving The furniture around when the house is on fire.

 

[Goat]

Somethings got to give mate, it’s clear if we’re borrowing 20 mill to cover cash flow, then next month either the Moshiri needs to put in, 777 put more in, we take out loan for the remainder funding of the stadium and limo along with other costs, or we default on our creditors and that’s administration. We might try and limp along to Jan - maybe sell a player then.

On the field, we need stability, simple as, manager bingo is contributing to all off the above and to be honest, its like moving The furniture around when the house is on fire.

But what if the manager is spraying petrol around the house while it burns?

 

[Neiler]

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.

When you break it down what we’ve done is frightening. It’s bananas really.

Number of red flags, the Gordon and Kean money - essentially has gone to cash flow, we’ve made money in the summer - close to 60 mill that’s seems to have gone in cash flow, any deals we’ve done have delayed payments or loans. A lot came in, very little going out. Yet we still need a loan of £20 mill to cover cash flow.

Something not right here, at all, I’ve a lot of concerns.

 

[Moderatelywarmwater]

So we owe Rights and Media £200m+

They charge at-least 12% interest.

It doesn’t take a genius to work out that this loan alone will cost £24m per year to service… and that’s without the other debt.

on a turnover of £180m that’s a hefty sum, it really is

 

[matty1878]

So we owe Rights and Media £200m+

They charge at-least 12% interest.

It doesn’t take a genius to work out that this loan alone will cost £24m per year to service… and that’s without the other debt.

on a turnover of £180m that’s a hefty sum, it really is

we don’t have a way out here

 

[matty1878]

Somethings got to give mate, it’s clear if we’re borrowing 20 mill to cover cash flow, then next month either Moshiri needs to put something in, 777 may put more in, we take out a loan for the remainder funding of the stadium and limp along with other costs, or we default on our creditors and that’s administration. We might try and limp along to Jan - maybe sell a player then.

On the field, we need stability, simple as, manager bingo is contributing to all off the above and to be honest, its like moving The furniture around when the house is on fire.

it’s surely going to see us go under?

 

[Goat]

So we owe Rights and Media £200m+

They charge at-least 12% interest.

It doesn’t take a genius to work out that this loan alone will cost £24m per year to service… and that’s without the other debt.

on a turnover of £180m that’s a hefty sum, it really is

Its ok, cos next Summer we will only have 14 professionals on a contract, so everything will be fine, right?

 

[matty1878]

Its ok, cos next Summer we will only have 14 professionals on a contract, so everything will be fine, right?

we won’t even be here a club mate

f c everton will be the new one

 

[Goat]

we won’t even be here a club mate

f c everton will be the new one

Thank God.

 

[matty1878]

Thank God.

i will start our new team mate
want in?

 

[Goat]

i will start our new team mate
want in?

God no.

I will never love another.

 

[Ferguson1878]

When you break it down what we’ve done is frightening. It’s bananas really.

Number of red flags, the Gordon and Kean money - essentially has gone to cash flow, we’ve made money in the summer - close to 60 mill that’s seems to have gone in cash flow, any deals we’ve done have delayed payments or loans. A lot came in, very little going out. Yet we still need a loan of £20 mill to cover cash flow.

Something not right here, at all, I’ve a lot of concerns.

we spent 500 million 5 years ago seems to be the excuse for everything, be different if we had a huge wage bill with 10 players earning 150 bags a week but the wage bills been slashed to death players sold etc , even the msm usmanov sponership was 30 mill a year but somehow we’re 20 mill short every month ?

 

[jinkyali]

So we owe Rights and Media £200m+

They charge at-least 12% interest.

It doesn’t take a genius to work out that this loan alone will cost £24m per year to service… and that’s without the other debt.

on a turnover of £180m that’s a hefty sum, it really is

Its outstandingly poor business.
Any benefits of said new stadium financially are dwarfed by the interest costs.

24m per year on that loan.
Another 10 or so on other loans.

Id absolutely take admin, relegation and starting again if it means we rid ourselves of this regime plus any other that is going to not fix the issues.

Sod carrying on as we are for the next fifty years because we're paying interest.