777 Partners / Whatever the hell you like

[Bedfordblue]

What I can’t quite get my head around is where these reported £20m / month costs to keep us afloat are going, bearing in mind we turn over around £175m p/a as well.
So by those rates we’re burning through in the region of £415m per year.
Sounds like made up nonsense to me.

 

[bitter-no-better]

I have it on good authority that Sheikh Envacn putna fresnesbak is putting a bid in.

 

[bernie inn]

Yeah. Australia must be the worst country for beer in the world.

Australians for a long time didn’t know what beer tasted like, it was served too cold and with too much Co2 so that’s all you could taste. It’s got a bit better now

 

[BirkenheadBlue]

What I can’t quite get my head around is where these reported £20m / month costs to keep us afloat are going, bearing in mind we turn over around £175m p/a as well.
So by those rates we’re burning through in the region of £415m per year.
Sounds like made up nonsense to me.

We’re building a stadium costing 3/4 of a billion with no proper funding.

And our wage bill is almost all of our turnover

 

[Tony’s Carp]

It means that he was asked a lot of questions a couple of days ago on Twitter/X and he intends to address them soon, he's been travelling a lot in the past 24/48 hours.

Sure, and that’s perfectly fair enough. Was more wondering the meaning of point 1 about someone else giving us the money. Yet another layer of intrigue.

 

[Goat]

What I can’t quite get my head around is where these reported £20m / month costs to keep us afloat are going, bearing in mind we turn over around £175m p/a as well.
So by those rates we’re burning through in the region of £415m per year.
Sounds like made up nonsense to me.

Stadium mate.

 

[maccavennie]

What I can’t quite get my head around is where these reported £20m / month costs to keep us afloat are going, bearing in mind we turn over around £175m p/a as well.
So by those rates we’re burning through in the region of £415m per year.
Sounds like made up nonsense to me.

Most of it on the stadium build I think mate.

I think our staff/player wages is around 11m a month judging by reports

 

[Goat]

Most of it on the stadium build I think mate.

I think our staff/player wages is around 11m a month judging by reports

Then there's interest payments on all the other loans we have.

 

[Frenk]

Did everyone brush past this?

View attachment 254968

Why would you say you will reveal all tomorrow if you know where the funding came from? What purpose would you possibly have for withholding the info, it’s not like he is operating within any official capacity for the club is it?

 

[Bedfordblue]

We’re building a stadium costing 3/4 of a billion with no proper funding.

And our wage bill is almost all of our turnover

There’s been other loans for that though, these top ups from 777 are supposed to be for club operating costs allegedly (or so I thought)

 

[AndyC]

Sure, and that’s perfectly fair enough. Was more wondering the meaning of point 1 about someone else giving us the money. Yet another layer of intrigue.

Think it's pretty plain what he means by that... that 777 have again failed to meet a commitment, probably due to any number of their other businesses either collapsing into administration or just plain failing, and somebody else has stepped up to the plate. As he said, he'll respond tomorrow to a boatload of questions posed to him t'other day.

 

[Runub]

 

[Goat]

Think it's pretty plain what he means by that... that 777 have again failed to meet a commitment, probably due to any number of their other businesses either collapsing into administration or just plain failing, and somebody else has stepped up to the plate. As he said, he'll respond tomorrow to a boatload of questions posed to him t'other day.

Give him a bell and ask him who gave us the money Andrew.

 

[1878blues]

The money provided in loans does not go against PSR sits on the balance sheet. 80% of stadium costs are capitalised which means also on the BS and don’t go against PSR

 

[BirkenheadBlue]

There’s been other loans for that though, these top ups from 777 are supposed to be for club operating costs allegedly (or so I thought)

All of which have whacking great interest payments