777 Partners / Whatever the hell you like

Revised Polling options on who wants a 777 takeover

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The club is virtually worthless at the moment. £400 million of debt and making a loss every year, with a fair chance of relegation. These are the realities and why there aren't many, if any prospective buyers other than these 3rd party American loan sharks.
 
hallamblue said:
The club is virtually worthless at the moment. £400 million of debt and making a loss every year, with a fair chance of relegation. These are the realities and why there aren't many, if any prospective buyers other than these 3rd party American loan sharks.
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At the mo. But when were in the our new amazing stadium and if we continue to trade reasonably (finances wise) as we have been doing over the past couple of years, then we, one of the biggest clubs in the world, in the biggest league in the world, will actually be quite an attractive purchase - at a currently vastly undervalued premium. Opportunities like that dont come along that often.

If we were just treading water in midtable we would have surely been snapped up by a huge buyer. Its just all of the uncertainty with relegation that will be puttintg big investors off. The PL will know of this, and be being made aware by our people (you would hope). Another high profile team in an anazing location - displaying epic scenes of Merseyside derbies from the banks of the Royal Blue Mersey must be a better option than a diur, skint Luton, or a Burnley.
 
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hallamblue said:
The club is virtually worthless at the moment. £400 million of debt and making a loss every year, with a fair chance of relegation. These are the realities and why there aren't many, if any prospective buyers other than these 3rd party American loan sharks.
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We are far from worthless.
We just aren’t worth the amount that our current owner is seeking .
Until the asking price reflects our true value we are at the mercy of these deferred payment crooks and hucksters.
 

Eggsyblueskin said:
We are far from worthless.
We just aren’t worth the amount that our current owner is seeking .
Until the asking price reflects our true value we are at the mercy of these deferred payment crooks and hucksters.
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Given our debt and the repayments on it I would venture that the asking price should be £1, which is what Ken Bates paid for Chelsea, and I think he paid £10 million for Leeds. Those are probably fair comparisons with our current parlous financial state.
 
HalfTimeSayers said:
Wyness claiming he’s aware of a number of investors/entities waiting to slide in when this falls over and the price is probably reduced. 777 directly trying to amend any agreed pricing structure should trigger something. Surely they will do this if they want to complete before the appeal is heard.

Mosh may be surprisingly terrible with numbers, but he isn’t going to bin off millions if an alternative buyer with more sensible funding comes in slightly above 777s reduced price. Or even just close to their price but more certain to get approval. The price is only going down at the moment, unless he hangs on for a few years.
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hallamblue said:
The club is virtually worthless at the moment. £400 million of debt and making a loss every year, with a fair chance of relegation. These are the realities and why there aren't many, if any prospective buyers other than these 3rd party American loan sharks.
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Bill used to like to peddle the myth that there are no or few buyers out there, but a club like us would be snapped up in seconds if the asking price is realistic.
 
Billy Dean said:
Bill used to like to peddle the myth that there are no or few buyers out there, but a club like us would be snapped up in seconds if the asking price is realistic.
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If the asking price was reasonable any decent sized club would be snapped up, as investors can take money out of the club. That isn't what we need, we need either a better version of Moshiri, or an Evertonian with business acumen who can run the club at break even, like Tony Bloom or the Brentford owner.
 

Duncan Donuts said:
Farhad Moshiri owns the football club.
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The reason for that is because Green was in court and needed his money back and Bill didn't have it so had to take the first offer on the table, one which also conveniently left him in the chairman's seat, whereas most other clubs would have kicked him into the long grass given the way the club had been run off the pitch.
 
CalBuckeye_Rob said:
The value of the club long term is very questionable. They have performed at a near relegation level for 3 years. There is nothing about the young players to suggest they are on the verge of becoming a top half team. The new stadium is really the only thing that gives some hope. But if they are at the Championship level when they get there, the empty seats will exceed the occupied ones. Any buyer should get them at a discount because that is the value now.
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My dude, if you think the new ground wouldn’t be full even if we do end up in the Championship then you don’t know anything about Everton or Evertonians.
 

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