777 Partners / Whatever the hell you like

[ForeverEverton]

 

[Exeter_Gently]

As a layman...does this mean the PL have got no power to stop it?

 

[nsno-chris]

Sound, we’ll just casually wait here then and watch the club slowly burn

Cheers Mosh

 

[nsno-chris]

As a layman...does this mean the PL have got no power to stop it?

They never had

There’s no process at the PL

 

[Exeter_Gently]

They never had

There’s no process at the PL

Oh

 

[pfim]

As a layman...does this mean the PL have got no power to stop it?

They can stop the acquisition.

They can't prevent the bidder from continuously trying to be approved.

 

[Exeter_Gently]

They can stop the acquisition.

They can't prevent the bidder from continuously trying to be approved.

Riiight....Okie Coke

 

[blulouie]

As a layman...does this mean the PL have got no power to stop it?

Don't think it says that.

It would require their approval , if no approval is given the sale can't be concluded.

That in itself is the power to stop it.

 

[nsno-chris]

Don't think it says that.

It would require their approval , if no approval is given the sale can't be concluded.

That in itself is the power to stop it.

But that process is the issue. The seller has a preference, the PL just say “not this time, try again later”, there’s no timeline for hearings.

By implying saying “no” everyone knows where they stand. It forces the seller to look elsewhere rather than hoping they get approval 2/3/4 time round.

Technically it can go on for years, with 777 adding to our debt by constantly loaning money

 

[efcfanwirral]

Sound, we’ll just casually wait here then and watch the club slowly burn

Cheers Mosh

If administration is a genuine possibility, its in all party's interests to push this forward to the summer, Moshiri, PL and 777 as guaranteed relegation means everyone loses (and PL will not want their rejection to be put as the reason Everton have gone under). As we live day to day anyway, starting next season in the Premier League with -9 is better than adding it onto this season.

 

[Trowel]

Premier League set to rule on 777 Partners’ Everton takeover next week

A decision from the Premier League board on whether to accept 777 Partners’ prospective takeover of Everton is set to be made next week

www.theguardian.com

 

[Tony’s Carp]

The end in sight?

 

[pfim]

Warren Buffet the mystery bidder.

Crikey...this escalated quickly

I'm not even sure what he's trying to say in this article. What a bunch of nonsense.

 

[Tony’s Carp]

Premier League set to rule on 777 Partners’ Everton takeover next week

A decision from the Premier League board on whether to accept 777 Partners’ prospective takeover of Everton is set to be made next week

www.theguardian.com

Hmm, to me the “financial future could be in jeopardy” part suggests to me they are paving the way for a reluctant yes.

 

[pfim]

• "Club’s financial future could be in jeopardy if takeover rejected"

Club's financial future in jeopardy if takeover approved as well.