777 Partners / Whatever the hell you like

[efcfanwirral]

I don't think they're buying us to leverage against the club. I think they're doing it to smash the stadium piggybank with a sale the day they walk through the door, use the proceeds from the sale to cure their cashflow problems, and hope to grow their way out of debt by selling sporting assets as they appreciate.

They're making a huge bet that rights fees will continue to go up, up, up and bring club values along for the ride, but the growth of those fees has stalled. That's one major reason heavily leveraged clubs like Barcelona and the Italian giants ended up in the soup.

The point of the Prem's equity rules is to be able to tell showers like this lot where to go. That should have happened a long time ago. Repeating the Hicks and Gillett fiasco is not good for any club's valuation, which is why there's a rule.

But the likes of Barcelona or Liverpool were never getting relegated, finishing 3rd is a failure to those clubs. Any weakening of our squad will guarantee relegation, it might happen even without that.

Everyone is running with a narrative that this lot are so stupid that they'll sell every player and expect to make money, or just put us into administration and burn their money. Anyone want to explain why they think they'll do this? What would they gain from this?

Without fantasy Usmanov theories

 

[Yorkiebars89]

anyone would be.. gregg’s can buy us for all
i care just not these lol

Not sure about that sure there owner was in prison for some serious crimes

 

[Infernus]

Keep these cowboys away!!!

(This is a joke by the way, there may be other factors)

 

[Blue83]

The club posted losses of £89.1m for the accounts covering the 2022-23 season, with net debt rising to £330.6m.

How the * did we end up in such a mess...

The one true Blue to rule them all

 

[DuncanPatterson]

The one true Blue to rule them all

RANKED: Premier League clubs with the biggest debts - Fan Banter

Premier League clubs with the biggest debts have been ranked from least to most amid reports concerning Tottenham on Tuesday. Spurs have announced pre-tax losses of £80.2million for the financial year ending June 2021, with total debts increasing from £605m to £706m. The club said the last two...

fanbanter.co.uk

According to this, we have £409m debt

Premier League Football Clubs Debt And Interest Payment Data 2022/23 - The Sports Journal

Listen to this Article (Audio) After the 10 point deduction due to breach of financial fair play, Everton Football Club faces a daunting financial predicament with a complex web of debt, surpassing a staggering £1 billion. Central to Everton’s financial turmoil is a convoluted network of...

sportsjournal.io

That one says we have £1bn of debt...

There are various figures quoted depending on the source

 

[Goat]

RANKED: Premier League clubs with the biggest debts - Fan Banter

Premier League clubs with the biggest debts have been ranked from least to most amid reports concerning Tottenham on Tuesday. Spurs have announced pre-tax losses of £80.2million for the financial year ending June 2021, with total debts increasing from £605m to £706m. The club said the last two...

fanbanter.co.uk

According to this, we have £409m debt

Premier League Football Clubs Debt And Interest Payment Data 2022/23 - The Sports Journal

Listen to this Article (Audio) After the 10 point deduction due to breach of financial fair play, Everton Football Club faces a daunting financial predicament with a complex web of debt, surpassing a staggering £1 billion. Central to Everton’s financial turmoil is a convoluted network of...

sportsjournal.io

That one says we have £1bn of debt...

There are various figures quoted depending on the source

The first 1s source is 2 years old.

The second 1 is probably the most accurate.

200m Media/Rights
140m MSP
200m 777
30m Metro
470m Moshiri
200m Stadium

1.2billion!!!!!!!!!!!!!!!!!

 

[EFC_FRANCIS]

The first 1s source is 2 years old.

The second 1 is probably the most accurate.

200m Media/Rights
140m MSP
200m 777
30m Metro
470m Moshiri
200m Stadium

1.2billion!!!!!!!!!!!!!!!!!

Tbf that's a lot of made up debt. Moshiri is never seeing a penny of that and 777 have to convert theirs to equity. 200m mortgage on a stadium is not that bad. So we're *only* in about 370 million debt lol

 

[Goat]

Tbf that's a lot of made up debt. Moshiri is never seeing a penny of that and 777 have to convert theirs to equity. 200m mortgage on a stadium is not that bad. So we're *only* in about 370 million debt lol

I mean its not made up debt, its actual debt.

You are entitled to say it wont ever be paid back, for whatever reason, but the fact is that it currently sits on our balance sheet.

 

[Neiler]

Tbf that's a lot of made up debt. Moshiri is never seeing a penny of that and 777 have to convert theirs to equity. 200m mortgage on a stadium is not that bad. So we're *only* in about 370 million debt lol

MSP would also have to be paid back as a condition for change of ownership, if it was 777 - this season.

What hasn’t been mentioned, is if we go down, the PL don’t have jurisdiction over the EFL, they have a different Fit and proper test - very much take the view, that it’s not up to them to pick good and bad owners.

So the conditions for the 777 deal could change…..

 

[EFC_FRANCIS]

MSP would also have to be paid back as a condition for change of ownership, if it was 777 - this season.

What hasn’t been mentioned, is if we go down, the PL don’t have jurisdiction over the EFL, they have a different Fit and proper test - very much take the view, that it’s not up to them to pick good and bad owners.

So the conditions for the 777 deal could change…..

Yeah the debt situation is simultaneously not as bad as made out and also the end of the club as we know it depending on the route that 777 go down.

 

[Eggsyblueskin]

Keep these cowboys away!!!

(This is a joke by the way, there may be other factors)

View attachment 253398

That’s nice .
Are they still in bundesliga 2 ?

 

[Walken]

MSP would also have to be paid back as a condition for change of ownership, if it was 777 - this season.

What hasn’t been mentioned, is if we go down, the PL don’t have jurisdiction over the EFL, they have a different Fit and proper test - very much take the view, that it’s not up to them to pick good and bad owners.

So the conditions for the 777 deal could change…..

Careful with that chat mate, you'll have the esk posting articles on the benefits of relegation

 

[Neiler]

That’s nice .
Are they still in bundesliga 2 ?

It’s weird the Hertha narrative pushing the last couple of days, clearly leaks, but it’s not a good news story they are 6th in the second German division.

Is this the best angle that can be leaked from their portfolio……

 

[Swartzy]

The first 1s source is 2 years old.

The second 1 is probably the most accurate.

200m Media/Rights
140m MSP
200m 777
30m Metro
470m Moshiri
200m Stadium

1.2billion!!!!!!!!!!!!!!!!!

Makes you bloody sick, looking at that.

Mosh should just give his up and get outta town..

 

[carolinablue232]

RANKED: Premier League clubs with the biggest debts - Fan Banter

Premier League clubs with the biggest debts have been ranked from least to most amid reports concerning Tottenham on Tuesday. Spurs have announced pre-tax losses of £80.2million for the financial year ending June 2021, with total debts increasing from £605m to £706m. The club said the last two...

fanbanter.co.uk

According to this, we have £409m debt

Premier League Football Clubs Debt And Interest Payment Data 2022/23 - The Sports Journal

Listen to this Article (Audio) After the 10 point deduction due to breach of financial fair play, Everton Football Club faces a daunting financial predicament with a complex web of debt, surpassing a staggering £1 billion. Central to Everton’s financial turmoil is a convoluted network of...

sportsjournal.io

That one says we have £1bn of debt...

There are various figures quoted depending on the source

If £1bn of debt is true, the club should just enter administration yesterday. That ain't being paid back.