New Everton Owners: The Friedkin Group

What do we reckon?

  • 👍

    Votes: 941 70.9%
  • 🤷 | 🧀🥪

    Votes: 321 24.2%
  • 👎

    Votes: 66 5.0%

  • Total voters
    1,328
I thought it was to do with them being weary of the 777 debt?

It was thought though never confirmed.

It's clear both parties want Acap to take a haircut, perhaps TFG would offer a better deal.

Regardless, Textor isn't getting the club without paying off TFG, and I don't think he has the coin for that plus Moshiri, plus working capital for the club.
 



I thought it was to do with them being weary of the 777 debt?
I think that was the excuse if maybe not the real reason.

I have never understood the problem with the 777 loan. As I understand it the new owners may be liable to pay back all the money 777 loaned but that would be the maximum liability due. So , the maximum it could be is known and happy days if it turns out to be less.
The money was paid over by 777 and the full repayment should be factored into the cost of the purchase.
It should be possible to put a caveat into the agreement about what happens if less money is due to be repaid.
 

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