777 Partners / Whatever the hell you like

[hallamblue]

I'm surprised there no other interest in buying us!! Really really strange...

The only reason would be is that Moshiri wants just 777 to buy us for some reason..

Where and who are the investors in 777?

Big Uncle Uzzy...

I think it's more likely that they care less as they pay less if we get docked points or relegated, and if they have to pay full price they'll leverage it anyway so they'll be buying the club with the supporter's money not their own.

 

[mccole]

 

[Exeter_Gently]

Uwer

 

[Mrbluenose]

These guys are bad news.

I hoped they might be OK, but these will finish us.

 

[Exeter_Gently]

These guys are bad news.

I hoped they might be OK, but these will finish us.

Everything seems to have a bad smell about it.

 

[jamieni]

Everything seems to have a bad smell about it.

Yeah I’d sort of hoped some of it might just be baseless speculation but the more that comes out in the press the worse it looks. Devil and the deep blue sea I guess unless some knight in shining armour is lurking in the background waiting to invest.

 

[pfim]

At best, that's a very aggressive strategy.

 

[allen]

Cool cool cool.

 

[Dixieslaces]

I have to be voice of reason on this speculative piece, all financial institutions use their customers balances to speculate in other markets. It's pretty much how the fiscal economics work, that and inter Bank lending etc.

If they have broken regs etc then maybe a story in it but I'm thinking it's a bit of a nothing burger.

And for the records, I don't want and don't think we should be anywhere near 777.


*I may need to read the article again to see if I've missed anything but hardline investment tactics are not necessarily illegal.

 

[dublinbluenose]

Think this is a bit of a nothing burger, insurance companies have funds invested at all the times. Is a sports business riskier than airlines or petrochemicals? I dunno.

Certainly nothing illegal there I dont think.

I'm nut advocating for 777 btw.

 

[Ruairi77]

Yea, not a huge fan of 777 but really, is there much to this? Is that not how business works?

 

[Goodisongang]

Run a million miles away from these, there will be some bored rich Saudi after a hobby or something.

These guy will ruin us

 

[Tony’s Carp]

Think this is a bit of a nothing burger, insurance companies have funds invested at all the times. Is a sports business riskier than airlines or petrochemicals? I dunno.

Certainly nothing illegal there I dont think.

I'm nut advocating for 777 btw.

Yeah, it's interesting that we've gone from "they don't have the money" to "Ok they have the money but where have they got it?" and now to "OK they've got it from their insurance business but should they have?". I don't know the answer to the latter question but it does seem like there's at least less mystery and intrigue than initially thought.

It at least puts to bed some paranoia that they have bad intentions or will just run the club into the ground. Their sports investments are critical investments to the success of the wider group and while it seems like a risky approach to me it at least makes it critical to invest in these businesses to grow them and make them a success.

 

[mikel_88]

Would like to think with the stories if anything is not right the league will not let them takeover. Is alot of bad press stories about these guys atm.

 

[Clarky cat]

777 look v dodgy. Careful what you wish for.

Although 777 are almost undoubtedly dodgy the use of this phrase has been the soundbite and flag of mediocrity that has held the club back on multiple fronts. The main protagonist of that particular media-friendly tosh which stopped Evertonians believing the club should do better and be held accountable in every single aspect (which has been proved correct on every level imaginable) is no longer at the club, get that nonsense phrase in the bin.