The Friedkin Group reaches agreement to buy Everton

[Bebeto]

But seriously, what the hell is going on, this is absolutely insane, they invest and pay off debt, only to walk away.

I am sure they have guarantees against that loan, probably the stadium...and very possibly very high interest rates...

 

[Damo_1878]

If its a game its not a very funny one, i dont like the clubs welfare being collateral damaged, be good to details of the loan they gave - im presuming its secured against BMD - another MSP situation. FFS.

Operating costs now back to be being a concern - we might see Branthwaite go after all.

I think @GrandOldTeam Is right in his post

Moshiri is all over the show. Which suggests it's also about him receiving more money than the club is actually worth. I think the 777 / Haymarket thing isn't helping either.

Moshiri is a major cause of corporate instability

But there is an issue in our fanbase of delusion where it comes to what they think the club is actually worth. Something Moshiri reflects too

I've said repeatedly on here, I think whoever owns Everton is intentionally kicking the can.

Like so;

The reason why I think this is based on how long they allowed 777 to drag on for, despite plenty of interest.

 

[Nymzee]

It is 777's fault it seems.

 

[Tony’s Carp]

Back to other investors now - landscape has changed though, will Bell, Downing and MSP be interested now they have their money back.................be susprised - FFS.

I really fear that if Friedkin has been under the hood and backed away the other potential buyers will melt away too. He is a well respected businessman and if he's run a mile it'll put off anyone else from even having a sniff.

 

[BainesontoastNEW]

 

[Eggsyblueskin]

I've said repeatedly on here, I think whoever owns Everton is intentionally kicking the can.

Like so;





The reason why I think this is based on how long they allowed 777 to drag on for, despite plenty of interest.

This does appear to be a distinct possibility.
But if the ambition is to retain control hoping for sanctions to be lifted I think it’s a futile hope.
Sanctions are here to to stay well into the foreseeable future.

 

[Wat Tyler]

Fourth deal to reach exclusivity and collapse. Hmm, I think there’s something seriously wrong with the club’s books

 

[Blue_Eagle]

Hate to say I told you so but ……
Perhaps administration is the only chance we have of emerging from this mess after all?

Die.

 

[MikeH72]

It is 777's fault it seems.

It’s Moshiri’s fault, he loaded the club with debt from them for 12 months.

 

[matty1878]

It's not exactly a surprise or a skeleton in the closet that we owe 777 a lot of money. Wasn't the whole point that they would've cleared those debts anyway?

well i thought they’d cleared whatever it was

these are billionaires ffs

 

[Liam-EFC]

Moshiri farting around with 777 has killed us.

 

[Del-boy]

Looks like we will be taking that £40mill from United after all.

 

[Davideeyore]

Oh dear.

 

[Exeter_Gently]

this is a disgrace

Matty there will be no SPEND SPEND SPEND as you hoped.

 

[Eggsyblueskin]

Die.

?