777 Partners / Whatever the hell you like

[matty1878]

It doesn't appear so Matt... otherwise he should/would have dumped them by now.
It's abundantly clear that they cannot provide the evidence that the PL require re funding hence the PL will not approve them.
The longer this drags on, the more damage it does to the club financially, to the clubs image and reputationally in the eyes of existing and future partners/sponsors etc.

ffs moshiri

 

[AndyC]

Yeah I remember, they didn’t want to buy us either. The same as everyone bar 777

I’m just struggling to understand why you think Moshiri would bin off the only offer on the table.

I assume you mean that 777 are the only offer ?
They, currently and have been moreorless since the MSP investment for 25% was scuppered, are his 'preferred' successor.
And are being proven left, right and centre to be highly debatable.

A serious owner wanting to sell up would surely have set a timescale to be adhered to and met, or he opens the sale up to other parties ?

 

[allen]

A serious owner wanting to sell up would surely have set a timescale to be adhered to and met, or he opens the sale up to other parties ?

I suspect it’s because no one will go anywhere near his valuation except 777.

 

[nsno-chris]

I assume you mean that 777 are the only offer ?
They, currently and have been moreorless since the MSP investment for 25% was scuppered, are his 'preferred' successor.
And are being proven left, right and centre to be highly debatable.

A serious owner wanting to sell up would surely have set a timescale to be adhered to and met, or he opens the sale up to other parties ?

Like I’ve said numerous times, if someone phones him tomorrow and says “here’s the money” then he sells up and 777 go in the bin.

I mean last week we were being told that MSP take control of this if the debt isn’t paid.

We are simply not a good investment, you get nothing for your money. Can’t even splash the cash to win something

 

[matty1878]

I suspect it’s because no one will go anywhere near his valuation except 777.

but he must know they don’t have the money to pay?

 

[nsno-chris]

I suspect it’s because no one will go anywhere near his valuation except 777.

Imagine paying £500m for a club, knowing you can’t even spend money to compete.

Literally buying the club to service it.

Almost like buying a Blockbuster franchise when Netflix was changing the game

 

[kenada_blue]

I assume you mean that 777 are the only offer ?
They, currently and have been moreorless since the MSP investment for 25% was scuppered, are his 'preferred' successor.
And are being proven left, right and centre to be highly debatable.

A serious owner wanting to sell up would surely have set a timescale to be adhered to and met, or he opens the sale up to other parties ?

Kieran Maguire and the other feller on Twitter (can't recall his handle) both say 777 are the only ones willing to float the club. Moshiri doesn't have to do anything and the PL have left it firmly in 777s court - provide cashflow and finance for the stadium.

It's up to 777 to pull out of the deal no one else.

Anyone waiting in the wings has to tick all the PL boxes like 777 need to...but also float the club and pay current debts back. Straight off the bat they need to prove they have at least £1billion to cover all that.

 

[AndyC]

Like I’ve said numerous times, if someone phones him tomorrow and says “here’s the money” then he sells up and 777 go in the bin.

I mean last week we were being told that MSP take control of this debt isn’t paid.

We are simply not a good investment, you get nothing for your money. Can’t even splash the cash to win something

If the loan made by MSP/Andy Bell/George Downing isn't repaid on the relevant day - unknown - then they will have the option to take control.
Whether they choose to do so is anybody's guess right now.

 

[AndyC]

Kieran Maguire and the other feller on Twitter (can't recall his handle) both say 777 are the only ones willing to float the club. Moshiri doesn't have to do anything and the PL have left it firmly in 777s court - provide cashflow and finance for the stadium.

It's up to 777 to pull out of the deal no one else.

Anyone waiting in the wings has to tick all the PL boxes like 777 need to...but also float the club and pay current debts back. Straight off the bat they need to prove they have at least £1billion to cover all that.

Er... Moshiri can/could perhaps should tell 777 they've had enough time and failed to satisfy the PL... so he's opening himself up to alternatives.

 

[nsno-chris]

If the loan made by MSP/Andy Bell/George Downing isn't repaid on the relevant day - unknown - then they will have the option to take control.
Whether they choose to do so is anybody's guess right now.

We did get told April.

Either way they have fiscal responsibility for their investors. So they should take control, strip the assets and ensure the £150m loan is repaid

 

[kenada_blue]

Like I’ve said numerous times, if someone phones him tomorrow and says “here’s the money” then he sells up and 777 go in the bin.

I mean last week we were being told that MSP take control of this debt isn’t paid.

We are simply not a good investment, you get nothing for your money. Can’t even splash the cash to win something

Anyone who buys us wouldn't throw money about initially.

777s model is what the other white knight investors would follow give or take until commercially it would be viable.

 

[Exeter_Gently]

If the loan made by MSP/Andy Bell/George Downing isn't repaid on the relevant day - unknown - then they will have the option to take control.
Whether they choose to do so is anybody's guess right now.

Purely for debate in your opinion what do you envision the clubs ownership being like come the summer?

 

[kenada_blue]

Er... Moshiri can/could perhaps should tell 777 they've had enough time and failed to satisfy the PL... so he's opening himself up to alternatives.

He's not in any rush, he's got someone floating the club so he's not spending a penny.

He'll give them all the time in the world.

Unless someone comes in with a BETTER offer

 

[AndyC]

We did get told April.

Either way they have fiscal responsibility for their investors. So they should take control, strip the assets and ensure the £150m loan is repaid

Indeed this month, but the exact date is not in the public domain

 

[allen]

but he must know they don’t have the money to pay?

He’s hoping the pieces fall into place just long enough for him to get his payout.

Then we can be damned as far as Moshiri is concerned… and we probably will be.