ashwuk76
Player Valuation: £30m
But why? Everything seemed to be going ok....
But why? Everything seemed to be going ok....
I figure with the taps turned off after Russia's invasion - we needed unsecured working capital. Step forward, 777.
summerisle
The rain, it raineth every day
I've always said, never trust anyone who wears a baseball cap - bloody poseurs.
neil999
Player Valuation: £80m
Finally a reliable and straightforward tweet
Blue83
Player Valuation: £20m
The Minus touch
ForeverEverton
Player Valuation: £40m
stretford blue
Player Valuation: £30m
Librarian
Player Valuation: £60m
Bought football teams in Brockway, Ogdenville, and North Haverbrook
stretford blue
Player Valuation: £30m
Surprised didn't see any red flags
Has been for months
If they do go under, which looks increasingly likely, everything gets somehow even more complicated for any mooted restructure at this end.
US administrators and civil courts are a law unto themselves. The £200m owed and any notional value within the contractual rights around the purchase of Moshiri's shares will have a good few 777 creditors laying claim to anything recovered and some more interested voices in the question of who exactly should buy the club.
Even if the share purchase deal is found to have no value (as you'd presume would be the case), the administrators are unlikely to rush into accepting a hair cut on the loan terms, which any future Everton owners will be seeking to impose.
Really couldn't be more of a mess at this point.
The binman chronicles
Player Valuation: £80m
Doubt 777 have even heard yet, he left a message on the answerphone which was shortly thereafter repossessed.
