The Friedkin Group reaches agreement to buy Everton

[Joey66]

So do we now owe this group big money? obviously they've settled other debts but does anyone know who the creditors are now. I'm now lost with it all.

Evidently they are still investing & hope to get the cash back from another new buyer?

 

[lljh23]

You’d expect anyone with anything about them wouldn’t touch us for the same reason these guys have walked away. What an absolute mess he’s made of us

Not really mate. George has been involved with supporting the club from the start and knows the books 100% better than Friedkin. And blue to the bone, they haven't walked away.

 

[Joey66]

What about working capital Guilia ?

If Moshiri refuses to fund us on a day by day vadis the only way we can survive is by selling players and using the proceeds as working capital.

This lawsuit could tie us up on knots for years.

The only way forward is if someone who is so rich that they don't care about the implications of the lawsuit buys us , and that's not going to happen.

Evidently an outsider from the USA - could bat, 777 off & A cap so it has to be outside the USA a new buyer ....

 

[ForeverBlue92]

You have to be a very intelligent guy. You must know all the right answers to be this wrong all of the time.

Friedkin has the money to pay off 777 and end all the uncertainty, if he chooses not too, thats on him, not the club. He was well aware of these debts before entering into exclusivity talks.

It is also worth pointing out, Friedkin only initially wanted a minority stake in the club.

These Americans love messing clubs around. We need Oil Money and fast.

 

[Streetender1878]

Wasnt it reported that all american banks had been told not to have any business with people or companies tied to persons of interest who where connected to putin? Isnt that the thinking behind why the usmanov money was cut off and moshiri couldnt borrow from more reputable lenders so had to go to 777 and r&m financing.

 

[efcste97]

Friedkin has the money to pay off 777 and end all the uncertainty, if he chooses not too, thats on him, not the club. He was well aware of these debts before entering into exclusivity talks.

It is also worth pointing out, Friedkin only initially wanted a minority stake in the club.

These Americans love messing clubs around. We need Oil Money and fast.

Wouldn't be in this position if Moshiri found a proper buyer from the off

 

[Marius57]

Wasnt it reported that all american banks had been told not to have any business with people or companies tied to persons of interest who where connected to putin? Isnt that the thinking behind why the usmanov money was cut off and moshiri couldnt borrow from more reputable lenders so had to go to 777 and r&m financing.

R&M have been involved for years before Mosh and Uzzy mate. They were one of Bills finds.

777 is all on Moshiri though.

 

[Goodison87]

Evidently they got engaged & told him it was a non runner because of the debt of 777....

Not so sure but all just guess work I suppose. Surely they knew a great deal about the debt amount, wonder if the mosh / Usmanov moved the goal posts after a month or so? All so sudden this!

 

[mahermi1]

Evidently they are still investing & hope to get the cash back from another new buyer?

Good luck with that, Moshiri deciding that 777 were the best owners will be taken to his grave, that is epitaph, that is his legacy, not the ground.

 

[DualityNSNO]

The only way we can get rid of Moshiri now, is if @Damo_1878 lives up to his word and goes all " Batman V Superman " on him all over the forum.

View attachment 265224

Hahahahahahaha

 

[Damo_1878]

Hahahahahahaha

Might be needed at this rate

 

[Joey66]

Not so sure but all just guess work I suppose. Surely they knew a great deal about the debt amount, wonder if the mosh / Usmanov moved the goal posts after a month or so? All so sudden this!

He asked them to reinvest & they pointed out the calamity of the litigation of 777 & Acap - hence he has stopped the buyout, but is leaving the cash he has given us to get it back off the next buyer who will have to be outside the USA , because of that litigation ....

 

[Neiler]

Wonder what the nature of A-CAP/777 loan is its obviously significant, i wonder does it give A-Cap the right to call in the loan immediately depending on th outcome of the Leadenhall case - might be that level of risk that scuppered this.

 

[Daytripper]

At this rate the club will end up having a Only Fans

 

[Damo_1878]

Wonder what the nature of A-CAP/777 loan is its obviously significant, i wonder does it give A-Cap the right to call in the loan immediately depending on th outcome of the Leadenhall case - might be that level of risk that scuppered this.

No mate, it's the risk of damages that neither can pay and so they go after Freidkin Group