Popular Post Romey 1878 Posted April 29 Popular Post Report Share Posted April 29 28 minutes ago, Hafnia said: Do the epl really want another season like this??? The point deductions have turned it into a game show... the sad answer is that the people running the game are clowns and have no self awareness. you only need to look at the premier league twitter account with what seems to be a teenage kopite running it. I think they fully expected clubs to just take their medicine and not appeal and that it would quickly see off the independent regulator. They underestimated things badly and the complete opposite has happened. Newty82, StevO, London Blue and 3 others 6 Quote Link to comment Share on other sites More sharing options...
London Blue Posted April 29 Report Share Posted April 29 9 hours ago, Romey 1878 said: I think they fully expected clubs to just take their medicine and not appeal and that it would quickly see off the independent regulator. They underestimated things badly and the complete opposite has happened. A case study in terrible management. Matt, Romey 1878 and Newty82 3 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 some not so great stories doing the rounds today about 777 https://www.liverpoolecho.co.uk/sport/football/football-news/everton-takeover-real-doubt-777-29084340 https://josimarfootball.com/2024/04/30/kind-of-blue/ Never know what to make of these stories - I think the 777 Partners might actually make a good management structure at the very top of the club, with novel ways to increase revenues - which will be ever more important give type of wage ceiling may be introduced based on revenue. However, financially, they really sound like they could be overstretched. I have read about this 'period of exclusivity' but surly this exclusivity is meaningless if they can's stump up the cash needed to buy. Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
Popular Post barryj Posted April 30 Popular Post Report Share Posted April 30 The sooner they’re told to sling their hook the better https://www.theguardian.com/football/2024/apr/30/everton-call-in-insolvency-restructuring-advisers-777-takeover-doubt Sev, Newty82, Matt and 2 others 5 Quote Link to comment Share on other sites More sharing options...
Popular Post Romey 1878 Posted April 30 Popular Post Report Share Posted April 30 Moshiri has wasted far too much time on these. Yet another bad decision on his part. badaids, Matt, RuffRob and 2 others 5 Quote Link to comment Share on other sites More sharing options...
Popular Post Hafnia Posted April 30 Popular Post Report Share Posted April 30 14 minutes ago, Romey 1878 said: Moshiri has wasted far too much time on these. Yet another bad decision on his part. It has the feeling of man buys a much loved vintage car that needed TLC and restoring..... he wastes a load of money on sound systems and fluffy dice and now it needs a new engine and he's trying to flog it for parts. Meanwhile there are probably some enthusiasts who will offer a fair price but no..... Moshiri is considering "we buy any car" Newty82, RuffRob, Romey 1878 and 2 others 6 Quote Link to comment Share on other sites More sharing options...
badaids Posted April 30 Report Share Posted April 30 I never saw this coming! Grrr, why didn't anyone warn me these magic beans weren't magic at all! Quote Link to comment Share on other sites More sharing options...
barryj Posted April 30 Report Share Posted April 30 2 hours ago, Romey 1878 said: Moshiri has wasted far too much time on these. Yet another bad decision on his part. But for him they’re (or were) paying the bills so it was a win win for him. He doesn’t care about Everton. His only care is that he doesn’t spend more money that he won’t get back. badaids and Newty82 1 1 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted April 30 Report Share Posted April 30 Quote Link to comment Share on other sites More sharing options...
Matt Posted April 30 Report Share Posted April 30 15 minutes ago, Romey 1878 said: Bugger. They really do want us at least. Romey 1878 1 Quote Link to comment Share on other sites More sharing options...
patto Posted April 30 Report Share Posted April 30 42 minutes ago, Matt said: Bugger. They really do want us at least. Short term it might be the best option for us. Matt 1 Quote Link to comment Share on other sites More sharing options...
Romey 1878 Posted April 30 Report Share Posted April 30 As much as 777 worry the shit out of me, I do think there's an agenda from certain people against them. A lot of what's been put out has been unsubstantiated (with some that has been, hence the worry on my part) and looks like scaremongering. I just wonder why and what their end game is. They keep mentioning that there are others waiting to step in but why wait? StevO, London Blue and Matt 3 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 35 minutes ago, Matt said: Bugger. They really do want us at least. thats one big thing going in the favour - they really really want to own us. They must really see considerable value in us and have a plan to get our revenue streams up and us operating more like a business. I have no doubt we would get the full attention of their very top sports business people. I am a big beleiver in having the rigth proffessional people in charge, we are living proof of what happens with the wrong people make the grown up desisions. I think it's as, if not more, important than simply money. Once the stadium is built then the 'big investment' has been done. We all know owners can't simply bank roll a club nowerdays, the smart owners are those who are going to get maximum revenue from the Everton brand. Its forward thinking smart sports business people that are going to make the difference. Do 777 Partners have these?, or willing to employ them? - that's what remains to be seen, there definately not coming in to throw cash at it. Matt 1 Quote Link to comment Share on other sites More sharing options...
Matt Posted April 30 Report Share Posted April 30 13 minutes ago, patto said: Short term it might be the best option for us. They could well strip and flip, that's what scares me and short term that destroys us. Gwlad 1 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 https://www.telegraph.co.uk/football/2024/04/30/everton-debt-restructuring-777-takeover-bonza-moshiri-loan/ As much as the PL has pissed us all off over the past 12-18months, I am kind of glad they are somewhat 'policing' the buy out as a third party. Quote Link to comment Share on other sites More sharing options...
patto Posted April 30 Report Share Posted April 30 20 minutes ago, Matt said: They could well strip and flip, that's what scares me and short term that destroys us. This could happen with any new investors Quote Link to comment Share on other sites More sharing options...
Matt Posted April 30 Report Share Posted April 30 2 minutes ago, patto said: This could happen with any new investors True but firms like 777 are about making profit and getting a club to turn a profit is damn near impossible. Genuinely hope I'm wrong but this hasn't felt right from the start for me. Hafnia and Sev 1 1 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 47 minutes ago, Matt said: They could well strip and flip, that's what scares me and short term that destroys us. I really can't see that at all - some of are parts are worth less than whole for which they are going to pay for. Our value is in the fact we have been the worst run club in the Premiership, when traditionally/historical we are argubley the 4-5 most decorated club in the land. Real value is making this great club relavent again. For all their other shortcoming I feel this is what 777 Partners truly see in us. Nobody would argue that we have been very badly run, so masses of room to improve this. StevO 1 Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 https://www.footballbenchmark.com/library/top_10_ownership_changes_in_european_football Interesting little table - shows if the deal does go through is makes it one of the biggest sales of a football club ever. Especially, if you have to add on the cost of finishing of the construction of the stadium. It's going to be around a 1Billon deal all in all. Quote Link to comment Share on other sites More sharing options...
Matt Posted April 30 Report Share Posted April 30 34 minutes ago, RuffRob said: I really can't see that at all - some of are parts are worth less than whole for which they are going to pay for. Our value is in the fact we have been the worst run club in the Premiership, when traditionally/historical we are argubley the 4-5 most decorated club in the land. Real value is making this great club relavent again. For all their other shortcoming I feel this is what 777 Partners truly see in us. Nobody would argue that we have been very badly run, so masses of room to improve this. Genuinely hope I'm wrong mate. I usually try to see the positives but I just don't feel it here. Quote Link to comment Share on other sites More sharing options...
RuffRob Posted April 30 Report Share Posted April 30 1 minute ago, Matt said: Genuinely hope I'm wrong mate. I usually try to see the positives but I just don't feel it here. Unfortunately, I am fuelled purly by nothing more than blind faith and hope. Matt and Romey 1878 2 Quote Link to comment Share on other sites More sharing options...
Gwlad Posted April 30 Report Share Posted April 30 53 minutes ago, RuffRob said: Unfortunately, I am fuelled purly by nothing more than blind faith and hope. Been said many times on TT in recent years "it's the hope that kills us" StevO, MikeO and Sev 3 Quote Link to comment Share on other sites More sharing options...
badaids Posted April 30 Report Share Posted April 30 I love Erasure but there's no way the club should have got 160 million in debt to their singer and a shit former RS winger. Quote Link to comment Share on other sites More sharing options...
Newty82 Posted April 30 Report Share Posted April 30 It seems mega scary to me how 777 seem to be scampering around to raise the finance. I say this because our finances already seem to have many tangled involvements. 777 appear to be bringing even more to the table. Just hope 'something' gets sorted asap to at least allow Thelwell and Dyche some sort of scope to plan for next season. Matt 1 Quote Link to comment Share on other sites More sharing options...
MikeO Posted April 30 Report Share Posted April 30 1 hour ago, badaids said: I love Erasure but there's no way the club should have got 160 million in debt to their singer and a shit former RS winger. I just put The Innocents on, love that album; worked on it when it first came out, was a "blow the studio walls off" recording! As you were badaids and Matt 2 Quote Link to comment Share on other sites More sharing options...
Palfy Posted April 30 Report Share Posted April 30 8 hours ago, Romey 1878 said: The thing I find most unsavoury about this whole thing is that Moshiri would rather see his employees go without wages and their families suffer, rather than take onboard the responsibility for the shit show he has created and keep the club afloat. I have no idea what his going on with the PL and 777 yet without the 200 million 777 have put into the club we would have gone into administration long before now and with a another possible 9 points deduction would more than likely be playing Championship football next season, I don’t understand why so many have a problem with 777 just think where we might have been without their commitment and investment to buying the club. Quote Link to comment Share on other sites More sharing options...
Matt Posted May 1 Report Share Posted May 1 6 hours ago, Palfy said: The thing I find most unsavoury about this whole thing is that Moshiri would rather see his employees go without wages and their families suffer, rather than take onboard the responsibility for the shit show he has created and keep the club afloat. I have no idea what his going on with the PL and 777 yet without the 200 million 777 have put into the club we would have gone into administration long before now and with a another possible 9 points deduction would more than likely be playing Championship football next season, I don’t understand why so many have a problem with 777 just think where we might have been without their commitment and investment to buying the club. Oh I do. Basic things like not having money to hand for purchase for a start. Quote Link to comment Share on other sites More sharing options...
patto Posted May 1 Report Share Posted May 1 6 hours ago, Palfy said: The thing I find most unsavoury about this whole thing is that Moshiri would rather see his employees go without wages and their families suffer, rather than take onboard the responsibility for the shit show he has created and keep the club afloat. I have no idea what his going on with the PL and 777 yet without the 200 million 777 have put into the club we would have gone into administration long before now and with a another possible 9 points deduction would more than likely be playing Championship football next season, I don’t understand why so many have a problem with 777 just think where we might have been without their commitment and investment to buying the club. I’m not for or against 777 but intrigued to know who these employees are that would suffer. not the millionaire footballers surely StevO 1 Quote Link to comment Share on other sites More sharing options...
London Blue Posted May 1 Report Share Posted May 1 1 minute ago, patto said: I’m not for or against 777 but intrigued to know who these employees are that would suffer. not the millionaire footballers surely The non millionaire, non football players who work at the club. Newty82 1 Quote Link to comment Share on other sites More sharing options...
Matt Posted May 1 Report Share Posted May 1 1 minute ago, London Blue said: The non millionaire, non football players who work at the club. Who represented 70% of the actual staff I believe Newty82 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.