777 Partners / Whatever the hell you like

[Goat]

Fair enough. I hate him very much on a personal level.

Well either way hes lost a vast amount of Usmanovs money and his reputation has taken a massive hit.

But im pretty sure hes on his Yacht sunning himself and he doesnt care.

Wasted energy mike.

 

[Toffeeback]

I don't see MSP having all their eggs in a row as well as having the finance in place to take over the running of the club straight away... especially with relegation a big possibility.

It really just comes down to whether MSP actually wants the club or not. They seem like more competent business people than 777 at least, so they would have seen the possibility of this situation arising. Every bit of news that's come out for months has made it look less and less likely that 777 would come up with the money. Not to mention that they'd surely be privy to behind-the-scenes info that we're not. So MSP would have had time to prepare, if they wanted to do so.

That's the one variable in all this that none of us can really know. And like we were saying, even if they do agree to the requested extension, that doesn't necessarily mean they don't want the club. It could just mean they want to make sure we stay up first.

 

[Moderatelywarmwater]

I don’t know how high the chances are. But there’s a very very real threat of going into administration here.
Basically at the mercy of MSP here.

 

[Tommy Chong]

Well either way hes lost a vast amount of Usmanovs money and his reputation has taken a massive hit.

But im pretty sure hes on his Yacht sunning himself and he doesnt care.

Wasted energy mike.

Having an absolute party and not giving.one.toss.about.us, that's for sure!

 

[Toffeeback]

So 777 want to leave Everton in limbo for another month or 2... It`s like people predicted they didn`t have the cash and were absolutely correct. This delay 777 are causing is providing more issues than answers.

Everton FC bidder 777 seeks extra time amid race for funding

777 Partners has indicated that it now believes its takeover of the Toffees will be completed late next month as it seeks an extension to a near-£160m loan repayment, Sky News learns.

news.sky.com

They have no cash to flow .

It absolutely boggles the mind to think that we're so many, many months into all of this, and the prospective buyer still doesn't have the money to actually do the transaction. Delay after delay, which we've been blaming on the league all this time, when it turns out it's really just down to our ridiculous owner being willing to continue on with the charade of this "sale."

 

[pfim]

Would it allow MSP to workaround Rights and Media Funding? The lender who prevented their investment? (That's assuming if they wanted to prevent MSP again)

Realistically, I doubt anyone will be willing/able to answer this. There are a lot of moving parts, different documents, parties...

 

[pfim]

It absolutely boggles the mind to think that we're so many, many months into all of this, and the prospective buyer still doesn't have the money to actually do the transaction. Delay after delay, which we've been blaming on the league all this time, when it turns out it's really just down to our ridiculous owner being willing to continue on with the charade of this "sale."

The league is doing us a favor on this one, has been obvious for a while. They've been shaking our hand from the front and stabbing in the back with the PSR stuff.

 

[Joey66]

Well either way hes lost a vast amount of Usmanovs money and his reputation has taken a massive hit.

But im pretty sure hes on his Yacht sunning himself and he doesnt care.

Wasted energy mike.

Doubt it he will want part of his invest money back off the new stadium .....

 

[matty1878]

ok what’s going on mates?

no joking me!

 

[matty1878]

I don’t know how high the chances are. But there’s a very very real threat of going into administration here.
Basically at the mercy of MSP here.

oh don’t

 

[Toffeeback]

The league is doing us a favor on this one, has been obvious for a while. They've been shaking our hand from the front and stabbing in the back with the PSR stuff.

I agree. Just crazy that it keeps being confirmed even more strongly as we go along.

 

[Pabbers]

Getting very confusing.

If 777 Cant take over, we still owe them around £150 million for all these loans they have been giving us.

So does that mean MSP will then owe 777 that money ???

 

[matty1878]

So 777 want to leave Everton in limbo for another month or 2... It`s like people predicted they didn`t have the cash and were absolutely correct. This delay 777 are causing is providing more issues than answers.

Everton FC bidder 777 seeks extra time amid race for funding

777 Partners has indicated that it now believes its takeover of the Toffees will be completed late next month as it seeks an extension to a near-£160m loan repayment, Sky News learns.

news.sky.com

why isn’t someone else entering?

 

[matty1878]

Getting very confusing.

If 777 Cant take over, we still owe them around £150 million for all these loans they have been giving us.

So does that mean MSP will then owe 777 that money ???

whoever if anyone takes us over they pay that?

 

[nsno_traditionally]

So Moshiri has seen to it that we have built a stadium without the funds secured to complete it and is selling the club to people without the funds to complete it. Top job champ. He and the rest of the old board (those still with us) need to be held accountable, it's absolutely criminal what they've done to our club.