The Friedkin Group reaches agreement to buy Everton

[Goat]

Thank you Little Dickie Masters

Hopefully the 1878 lads can get his face on a flag for the Brighton game.

 

[mahermi1]

Moshiri has played a blinder there.

Rinsed 777 for £200m in which they'll soon be gone bust.

Moshiri has played no blinder anywhere, he is and was clueless much the same as you. You wonder why you personally get so much stick, when you beg for it. I actually think you enjoy it.

 

[ForeverBlue92]

Moshiri has played no blinder anywhere, he is and was clueless much the same as you. You wonder why you personally get so much stick, when you beg for it. I actually think you enjoy it.

Regardless of your feelings on Moshiri, only a naive fool could call a billionaire "clueless". I cannot say for certain, but EFC will likely never pay back that £200m, he's had them off big time.

I care little about receiving stick my friend. I live a privileged life, and haters don't like that. Sucks to be them.

 

[kenada_blue]

Also scary to think that if Moshiri had got his way, we’d be one of the clubs currently being seized from 777. Fine margins in this world.

Thank you Little Dickie Masters

He still wanted 18 points deducted from us.

 

[MikeH72]

“However, it is through my lengthy discussions with 777 that I firmly believe they are the best partners to take our great Club forward with all the benefits of their multi-club investment model.”

Had them off.

 

[pfim]

Regardless of your feelings on Moshiri, only a naive fool could call a billionaire "clueless". I cannot say for certain, but EFC will likely never pay back that £200m, he's had them off big time.

I care little about receiving stick my friend. I live a privileged life, and haters don't like that. Sucks to be them.

Ehh what? That 200 million is due. Leadenhall and ACap will be chasing that.

Did blinder include multiple points deductions, sales of valuable young players to meet cash needs?

Your idol is a stooge.

 

[Eggs]

Regardless of your feelings on Moshiri, only a naive fool could call a billionaire "clueless". I cannot say for certain, but EFC will likely never pay back that £200m, he's had them off big time.

I care little about receiving stick my friend. I live a privileged life, and haters don't like that. Sucks to be them.

 

[Damo_1878]

Regardless of your feelings on Moshiri, only a naive fool could call a billionaire "clueless". I cannot say for certain, but EFC will likely never pay back that £200m, he's had them off big time.

I care little about receiving stick my friend. I live a privileged life, and haters don't like that. Sucks to be them.

That £200 million debt will not just disappear

It belongs to A-Cap and/or ultimately any of their creditors. That is what the US court injunction is about

So the idea Moshiri "had them off" is just your delusional fantasy

I mean really. It's as delusional fantasy as the claim Denise Barrett-Baxendale "fixed the stadium cost"

Ehh what? That 200 million is due. Leadenhall and ACap will be chasing that.

Did blinder include multiple points deductions, sales of valuable young players to meet cash needs?

Your idol is a stooge.

 

[Titus Bramble]

Damo vs FB92.

Great stuff.

 

[Marius57]

Damo vs FB92.

Great stuff.

this thread is about to become the worst on the site as they try to out wham each other.

2 “intellectual” heavyweights going up against one another. The rest of us may as well leave as it will be too much for us all to comprehend.

 

[Bluebonic]

What passes for news in England is bonkers sometimes.

Social media abhors a vacuum!

 

[roy vernon]

Moshiri has played a blinder there.

Rinsed 777 for £200m in which they'll soon be gone bust.

Yeah, then the administrator rocks up and says ' oy Everton, we are here on behalf of 777's creditors, you owe them£200 mill, pay it back if you don't want to end up in administration too', or words to that effect. No matter how much you want to think 'Sir Farhad' is a smart wheeler dealer, he just isn't.

 

[PeregrineT]

Yeah, then the administrator rocks up and says ' oy Everton, we are here on behalf of 777's creditors, you owe them£200 mill, pay it back if you don't want to end up in administration too', or words to that effect. No matter how much you want to think 'Sir Farhad' is a smart wheeler dealer, he just isn't.

Thats now how debts work. They cant get back that loan unless the previously signed documents allow them to do that, no matter what financial trouble they find themselves in.

People loaning you money going into administration is not a cause for concern. People you LOANED money to going into administration is a cause of great concern.

 

[Brett Angell Delight]

this thread is about to become the worst on the site as they try to out wham each other.

2 “intellectual” heavyweights going up against one another. The rest of us may as well leave as it will be too much for us all to comprehend.

 

[ForeverBlue92]

Thats now how debts work. They cant get back that loan unless the previously signed documents allow them to do that, no matter what financial trouble they find themselves in.

People loaning you money going into administration is not a cause for concern. People you LOANED money to going into administration is a cause of great concern.

I could be holding the wrong end of the stick here... but didn't 777 loan money from ACAP to then loan money to EFC ?

In that scenario, if 777 go to the wall then ACAP will be fighting a likely losing battle in the court room trying to obtain money from EFC. Super Silk would no doubt be keen to get some work on that.