777 Partners - Revised Poll Added 07/05/2024

[pfim]

That could surely be revisited if push comes to shove?

Sure, but why would they decline before? The only logical conclusion is that they don't see the deal, as it stands, as doable.

If they exercise now, it's to recover their debt, which is even more troubling.

 

[Bez2k2k]

Every club dealt with the pandemic. Not every club pays Holgate 60k/week or whatever.

Holgate gets a bad rep because of him now. Back then he was starting every game, looked decent and people where talking about him for England, so getting him now long decent contract made sense. He has got worse as a footballer which is a shame for him and worse for us as his employer. It does show you the level though as even Tom Davies has gone to a relegated Sheff and hasn’t kicked a ball, their quality isn’t good enough even for them.

 

[Exeter_Gently]

Wonder if MSP gave the extention expecting it still would not be met and built in bigger penalties in the way of share volumes should it default again

They probably didn't

 

[maccavennie]

I say we all head back into the relegation thread and start panicking about Lutonola Madrid as it sounds like we'll need to beat them.

 

[pfim]

Holgate gets a bad rep because of him now. Back then he was starting every game, looked decent and people where talking about him for England, so getting him now long decent contract made sense. He has got worse as a footballer which is a shame for him and worse for us as his employer. It does show you the level though as even Tom Davies has gone to a relegated Sheff and hasn’t kicked a ball, their quality isn’t good enough even for them.

Sure, but he's just one example. It's not as if Holgate's contract sank this club. It was continually buying low-mid table players for astronomical fees and salaries, in chase of European football. Poor strategy, poorly executed.

 

[Tony’s Carp]

Sure, but why would they decline before? The only logical conclusion is that they don't see the deal, as it stands, as doable.

If they exercise now, it's to recover their debt, which is even more troubling.

If they were confident 777 wouldn’t find the money it made sense to extend to see which league the club would be in, which of course makes an enormous difference to the value calculation.

 

[blueblood]

A club in our position will inevitable be involved in a stand-off between parties looking to sell, parties looking to get back what they've loaned, and buyers.

That's all we're seeing here.

No one wants to walk away with the square root of f.a.

Why anyone wants to panic I don't know. News agencies report stuff for clicks. What on earth is there other than that to all this...

We'll have new owners and we won't fall into administration before getting them.

The Guardian report that’s the basis for this latest frenzy is hopelessly vague. Teneco offer a whole range of financial services to businesses, they might not be working with Everton on insolvency but on one of the myriad of other business services they provide; https://www.teneo.com/services/

 

[kenada_blue]

Ain't it on record Mosh will continue paying if the deal falls through?

If not, I'm sure a bunch of lads will find and set fire to his yacht in the Bahamas

 

[Number_25]

Call me daft but how are the Premier League allowing this to happen? That independent regulator can’t come soon enough. Shambles from top to bottom.

As for the news, not really that arsed. It’s water off a ducks back at this point.

 

[pfim]

The Giardoan report that’s the basis for this latest frenzy is hopelessly vague. Teneco offer a whole range of financial services to businesses, they might not be working with Everton on insolvency but on one of the myriad of other business services they provide; https://www.teneo.com/services/

Guess we could have used the Risk Advisory services a few years ago.

They've been brought in to help with the finances, no other reason.

 

[maccavennie]

The Guardian report that’s the basis for this latest frenzy is hopelessly vague. Teneco offer a whole range of financial services to businesses, they might not be working with Everton on insolvency but on one of the myriad of other business services they provide; https://www.teneo.com/services/

Maybe Everton thought they were contacting Tesco and not Teneco as the club had ran out of Carling for the kiosks at half time.

Always a simple explanation for these things

 

[toffeeblue9]

Ain't it on record Mosh will continue paying if the deal falls through?

If not, I'm sure a bunch of lads will find and set fire to his yacht in the Bahamas

Oh yes, I believe every word he's ever said

 

[Tony’s Carp]

Ain't it on record Mosh will continue paying if the deal falls through?

If not, I'm sure a bunch of lads will find and set fire to his yacht in the Bahamas

No offence but it blows my mind that in the year of our lord 2024 people still cling to things Moshiri has said.

 

[Dublin blue 75]

The Guardian report that’s the basis for this latest frenzy is hopelessly vague. Teneco offer a whole range of financial services to businesses, they might not be working with Everton on insolvency but on one of the myriad of other business services they provide; https://www.teneo.com/services/

Yes, Dublin based. More likely to be acting to sell the club (or representing a potential buyer) to include sourcing a new 'C Suite' leadership team and organisational design based off my knowledge of them.

(Could also be representing some of the lenders to 777 among the many reinsurance firms and funds established in Ireland by way of asset recovery).

 

[Jarvick]

I don’t know, if 777 have missed a payment to us that they committed to, and if we have missed a LOR payment as a result, that would be a big deal no?

The stuff about contacting debt restructuring experts, well that in itself is sensible practice regardless.

It seems to me like the club should have consulted debt restructuring experts weeks or even months ago.