777 Partners / Whatever the hell you like

[Osamabindiesel]

This is the end

 

[pfim]

It is all so confusing and murky this. Maybe I am thick, but Moshiri seems to be selling the promise of a finished stadium, which is unfinished. 777 reckon they can access funding to do so, plus the debt(s), plus enough for Moshiri to get few bob back. Without having much cash of their own.

Unless I have missed sommet, that just sounds dead unlikely, or more importantly, a good thing.

From stories posted, it appears they’re trying to buy the club without much cash changing hands. Which means they don’t have much cash.

 

[Tommy Chong]

From stories posted, it appears they’re trying to buy the club without much cash changing hands. Which means they don’t have much cash.

This gives me 'Bernie Madoff' vibes. Hope I'm wrong like...

 

[Dixieslaces]

It's a death knell, accelerated by on pitch performances and off pitch ineptitude.

It's desperate, it really is.

There are some that need to wake up to this reality.

It's truly devastating for this Great Club and this Great City.

It affects everything in its radius.

 

[Ferguson1878]

 

[mightymoyes]

Is this already known?

 

[chopper6]

Anyone post the article?

 

[matty1878]

From stories posted, it appears they’re trying to buy the club without much cash changing hands. Which means they don’t have much cash.

they’ll kill us mate. if this goes ahead

 

[nsno-chris]

Oh good

More loans

 

[matty1878]

Is this already known?

a payment to who and we’re is it gone?

and why would they loan us it?
how are we paying it back?

lost here

 

[matty1878]

Oh good

More loans

what’s it mean all this mate?

other than bad

 

[Market trader]

And at what rate of interest?

 

[Bez2k2k]

Soooo they do have money then?

 

[nsno-chris]

what’s it mean all this mate?

other than bad

they’re loaning the club money.

I’d imagine it would be turned into equity once the deal goes through (basically turning it into shares)

If it doesn’t, then more paybacks coming out the accounts

 

[Librarian]

This is the end

Beautiful friend