777 Partners / Whatever the hell you like

[efcfanwirral]

no, why would Moshiri let it go in to Administration? Purely from a business POV.

He may be out of money he's allowed to use in the UK

 

[Ruairi77]

Cuban is sellling the Mavs to the Adelsons at something like a $2b profit.
There's someone who I'd like to buy Everton.

 

[Dymak]

They don’t sound great, but my understanding is that they intend to run Everton with Everton’s money, which is exactly what Bill Kenwright did for 20 years, and most blues had absolutely no problem with that for a very long time!

I’m not happy with it, but it’s just a continuation of the status quo really; no different to the last 23 years!

My main fear is that they won’t let go of control, just like Kenwright. So we will be stuck with them for decades.

 

[Blue Willy]

If we dont go down or go into liquidation, or both. I think if the PL allow the 777 takeover (hopefully they havent weaponised that situation), they will steady the ship for a few years and our spend will be meagre. And rightly so.

Once that is done, and we have treaded water for a season or two - hopefully with the new stadium giving us a much better budget, we will be prime for a BIG takeover. Slow, but progressive steps are needed though.

 

[Simon Buttle]

They don’t sound great, but my understanding is that they intend to run Everton with Everton’s money, which is exactly what Bill Kenwright did for 20 years, and most blues had absolutely no problem with that for a very long time!

I’m not happy with it, but it’s just a continuation of the status quo really; no different to the last 23 years!

My main fear is that they won’t let go of control, just like Kenwright. So we will be stuck with them for decades.

The club was a total mess under Kenwright in terms of off pitch stuff though. We had large debts due to the fact we borrowed from Peter to pay Paul all the time and Kenwrights utter lack of business sense (along with others) saw us enter into a number of insane deals such as the kitbag one which were of no benefit to the club whatsoever and caused more trouble than were worth. Being self sufficient is a good thing but it has to be done properly, one of the key things with clubs who do it well is they all have good and productive youth setups whereas ours is a bit of a shambles at the moment.

 

[Nealroy]

The club was a total mess under Kenwright in terms of off pitch stuff though. We had large debts due to the fact we borrowed from Peter to pay Paul all the time and Kenwrights utter lack of business sense (along with others) saw us enter into a number of insane deals such as the kitbag one which were of no benefit to the club whatsoever and caused more trouble than were worth. Being self sufficient is a good thing but it has to be done properly, one of the key things with clubs who do it well is they all have good and productive youth setups whereas ours is a bit of a shambles at the moment.

Player values are potentially so high these days. Are there any commercial deals that could be more profitable than buying a player for 10m (or even better zero) and selling him for 50m?

 

[chippy1722]

They don’t sound great, but my understanding is that they intend to run Everton with Everton’s money, which is exactly what Bill Kenwright did for 20 years, and most blues had absolutely no problem with that for a very long time!

I’m not happy with it, but it’s just a continuation of the status quo really; no different to the last 23 years!

My main fear is that they won’t let go of control, just like Kenwright. So we will be stuck with them for decades.

Kenwright borrowed money off his friends using future revenues of the club, while his friends rinsed us for interest. If Moshiri or 777 done that they would be ran out of town.

 

[pfim]

Kenwright borrowed money off his friends using future revenues of the club, while his friends rinsed us for interest. If Moshiri or 777 done that they would be ran out of town.

777 will definitely be leveraging EFC as much as allowed.

 

[Ruairi77]

Kenwright borrowed money off his friends using future revenues of the club, while his friends rinsed us for interest. If Moshiri or 777 done that they would be ran out of town.

thats what they will do and no, they wont be run out of town.

 

[edge]

They will be in charge in a few weeks so may as well get used to it.
Well that was the rumours by Xmas wasn't it?

 

[Neiler]

The club was a total mess under Kenwright in terms of off pitch stuff though. We had large debts due to the fact we borrowed from Peter to pay Paul all the time and Kenwrights utter lack of business sense (along with others) saw us enter into a number of insane deals such as the kitbag one which were of no benefit to the club whatsoever and caused more trouble than were worth. Being self sufficient is a good thing but it has to be done properly, one of the key things with clubs who do it well is they all have good and productive youth setups whereas ours is a bit of a shambles at the moment.

Depends what you call successful mate, the youth set up is after raising serious capital in the last calendar year.

 

[Neiler]

If we dont go down or go into liquidation, or both. I think if the PL allow the 777 takeover (hopefully they havent weaponised that situation), they will steady the ship for a few years and our spend will be meagre. And rightly so.

Once that is done, and we have treaded water for a season or two - hopefully with the new stadium giving us a much better budget, we will be prime for a BIG takeover. Slow, but progressive steps are needed though.

Good post mate, our current war with the PL, hopefully doesn’t make it easier for these sharks to come here.

We might be battling elsewhere but we shouldn't want these chancers anywhere near the club.

 

[Billy Dean]

Kenwright borrowed money off his friends using future revenues of the club, while his friends rinsed us for interest. If Moshiri or 777 done that they would be ran out of town.

Exactly, 777 can't hide being the best ever Blue like Bill was able to do. People will turn against them much faster than they did Bill.

 

[maccavennie]

Good post mate, our current war with the PL, hopefully doesn’t make it easier for these sharks to come here.

We might be battling elsewhere but we shouldn't want these chancers anywhere near the club.

If they pass the fit and proper test - more ammunition for us to say the PL aren't fit to regulate their own league

If the PL reject their take over bid and say they aren't fit and proper - more ammunition for us to say a witch hunt against Everton is going on as it would leave us in financial limbo

 

[Simon Buttle]

Depends what you call successful mate, the youth set up is after raising serious capital in the last calendar year.

I wouldn't call the sales of Cannon and Simms and Nkunkou 'Serious capital' myself, Cannon-£8.8, Simms-£7m and Nkounkou-£2m, each to their own though.