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StHelensBlue
Player Valuation: £500k
From what I can make out, they buy a club, then take from that, to finance another takeover. They're cleaning illegal money. They'll destroy Everton if they takeover.
There was also something called Lanliq , a fortified wine very well known in Glesca. Don't know if it can still be got
Liverpool’s Everton Football Club Close to Sale to 777 Partners
Everton Football Club is close to an agreement to be acquired by 777 Partners LLC following months of talks between the parties, according to a person with knowledge of the matter.
www.bloomberg.com
Aries
Player Valuation: £10m
Everton Football Club is close to an agreement to be acquired by 777 Partners LLC following months of talks between the parties, according to a person with knowledge of the matter.
Club owner Farhad Moshiri, who has invested hundreds of millions of pounds into the underperforming team during his tenure at the Liverpool-based club, is expected to exit with a fraction of the money he invested, said the person, who asked not to be identified since the negotiations are private.
Club owner Farhad Moshiri, who has invested hundreds of millions of pounds into the underperforming team during his tenure at the Liverpool-based club, is expected to exit with a fraction of the money he invested, said the person, who asked not to be identified since the negotiations are private.
Aries
Player Valuation: £10m
If that is accurate and Moshiri is selling rather than looking for investment, and is taking a huge hit, that might not be as bad as it sounds. They don’t have to be here in the long term, and it may be easier for them to sell the club on to much better owners for a profit once the stadium is built.
tommye
Player Valuation: £100m
MichaelEFC96
Player Valuation: £15m
Well in Bill, you sold the club to a clown who will sell to even bigger clowns. You got your wish destroying a once great club.
Convinced he is a red
Convinced he is a red
Hope they fail the test for owners
Bloomberg) -- Everton Football Club is close to an agreement to be acquired by 777 Partners LLC following months of talks between the parties, according to a person with knowledge of the matter.
Club owner Farhad Moshiri, who has invested hundreds of millions of pounds into the underperforming team during his tenure at the Liverpool-based club, is expected to exit with a fraction of the money he invested, said the person, who asked not to be identified since the negotiations are private.
A deal could be announced as soon as Tuesday. If consummated, the sale will bring the number of American-owned Premier League teams to 10 out of 20. The parties are in the late stages of talks, and the deal could still fall apart. Moshiri’s legacy includes a partly-complete, state-of-the-art stadium in the Bramley-Moore Dock area of Liverpool.
An outside spokesperson for Everton declined to comment.
777 has been building a stable of historic football teams over the past 21 months that stretches from Brazil to Belgium. It has had some successes, such as leading Genoa back into Italy’s Serie A after inheriting a team that was on its way to relegation. Co-founder Josh Wander says 777 has more than doubled squad value at Genoa while reducing squad costs there by 50%.
Vasco da Gama in Brazil also won promotion last year, while Hertha Berlin has been relegated to Germany’s second tier.
Everton has narrowly avoided relegation the past two seasons and has made an inauspicious start to the current season with only one draw and three losses.
Relegation from the Premier League to the Championship tier is costly. The broadcast fees fall from a minimum of £100 million ($125 million) a year in the top tier to less than £10 million, though relegated teams receive payments to soften the blow for a period of three years.
Moshiri was backed by his former business partner, the Russian Alisher Usmanov before he was sanctioned shortly after the invasion of Ukraine. The group acquired the team in 2016.
777 is being advised on the deal by Tifosy Capital & Advisory, the specialist sports business advisers, as well as on a possible capital raise.
Everton has also been negotiating with MSP, a sports investor, about a loan deal. MSP declined to comment.
©2023 Bloomberg L.P.
www.bnnbloomberg.ca
Club owner Farhad Moshiri, who has invested hundreds of millions of pounds into the underperforming team during his tenure at the Liverpool-based club, is expected to exit with a fraction of the money he invested, said the person, who asked not to be identified since the negotiations are private.
A deal could be announced as soon as Tuesday. If consummated, the sale will bring the number of American-owned Premier League teams to 10 out of 20. The parties are in the late stages of talks, and the deal could still fall apart. Moshiri’s legacy includes a partly-complete, state-of-the-art stadium in the Bramley-Moore Dock area of Liverpool.
An outside spokesperson for Everton declined to comment.
777 has been building a stable of historic football teams over the past 21 months that stretches from Brazil to Belgium. It has had some successes, such as leading Genoa back into Italy’s Serie A after inheriting a team that was on its way to relegation. Co-founder Josh Wander says 777 has more than doubled squad value at Genoa while reducing squad costs there by 50%.
Vasco da Gama in Brazil also won promotion last year, while Hertha Berlin has been relegated to Germany’s second tier.
Everton has narrowly avoided relegation the past two seasons and has made an inauspicious start to the current season with only one draw and three losses.
Relegation from the Premier League to the Championship tier is costly. The broadcast fees fall from a minimum of £100 million ($125 million) a year in the top tier to less than £10 million, though relegated teams receive payments to soften the blow for a period of three years.
Moshiri was backed by his former business partner, the Russian Alisher Usmanov before he was sanctioned shortly after the invasion of Ukraine. The group acquired the team in 2016.
777 is being advised on the deal by Tifosy Capital & Advisory, the specialist sports business advisers, as well as on a possible capital raise.
Everton has also been negotiating with MSP, a sports investor, about a loan deal. MSP declined to comment.
©2023 Bloomberg L.P.
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