Has it? They got relegated and aren't coming back up this year.
Has it? They got relegated and aren't coming back up this year.
Tony’s Carp
Player Valuation: £40m
I say this all the time, but his status among Everton fans is entirely self-appointed, he doesn't represent us in any capacity, yet he is one of our most prominent media representatives. It's not on.
Meanwhile Mark Douglas at the I, who always comes across pretty balanced to me, has bothered to go out and get quotes from Julie from the FAB for his article today. An actual elected representative, as it should be.
Delargeinho
Player Valuation: £6m
They were about of administration, because their former investor wanted to make them the big city club, because for a big city like Berlin they didn't really have a consistent big club. Ok, Union Berlin had some good success over the last 5 years. It's the first positive results in years financially.
Yes, they went down, but they were in a relegation battle for 2-3 seasons in a row despite spending big every season. In the end, they had 85% of team changed for this season. And there are 6-7 teams with ambition and the aim to go up in the 2nd Bundesliga. Probably the most competitive of all 2nd league in Europe. Yet there are 2 teams leading the table that were not among the big favorites.
Hertha however want to go up within a few years.
I mean you look the names in the 2nd league, Schalke, Hamburg, Nuremburg, Hannover, Kaiserslautern, Düsseldorf and Hertha, some of them won the champions multiple times or played European cups in the last 10 years.
I'm well aware of the fate of German football clubs mate. A team getting relegated then floundering in mid-table is not what anyone can call a successful ownership it's as simple as that.
Tony’s Carp
Player Valuation: £40m
777 took over in March 23 and were in freefall on and off the pitch. Think a steadying of the ship was a decent outcome this season in context.
The snippet posted last night suggests the finances have turned around and also 777 have supplied funding to them ahead of schedule.
The portfolio is definitely mixed, and they seem to prioritise resources somewhat unevenly but Hertha seem to be one of the ones that are getting prioritised, presumably because like Genoa there is more potential upside to the club and the market than say Liege or Vasco.
kenada_blue
Welcome to Barcelonaton FC
That's the thing. His agenda is fuels the narrative.
Mainstream press won't print his suggestions and alternatives that are so fantastical and damaging it damages his rep
Dublin blue 75
Player Valuation: £40m
Indeed. 777, themselves, are a bloated version of Everton's current financial circumstances.
It is entirely likely that some of their own larger creditors (named in various media and a number of who are owed >500m each) will have decks/playbooks ready and where they have applied an enterprise value to Everton, more specifically a near complete BMD. If 777 go to the wall, the monthly funding to Everton stops and their lenders will be looking to enforce a lien on Everton and BMD. It could get very litigious.
DualityNSNO
How much for the pair?
I'd say they were on a massive downward spiral (ask me how I know
) and had to offload about a full team of starters/pointless high paid backups and start again, so this season being a mid-table BuLi2 makes sense progress wise - otherwise they'd go back up instantly and become a total yo-yo club.I assume that's why they hired Dardai too (for the 3rd time in 5 years for them btw) - it'd be like us hiring Moyes somehow if we go down to the championship - stability and decent play for a year, go up the next and build on it, proceed with a better option for the future when you have a stable base to build on.
Realistically time will tell if it's a failure if they don't at least get top 3 next year - this season has been a rebuild all things considered.
Delargeinho
Player Valuation: £6m
They have the whole Dardei family in the squad. Hertha got into Europe with him, with a quite average squad. It would be about like Wolves goes into Europe now.I'd say they were on a massive downward spiral (ask me how I know
I assume that's why they hired Dardai too (for the 3rd time in 5 years for them btw) - it'd be like us hiring Moyes somehow if we go down to the championship - stability and decent play for a year, go up the next and build on it, proceed with a better option for the future when you have a stable base to build on.
Realistically time will tell if it's a failure if they don't at least get top 3 next year - this season has been a rebuild all things considered.
And Dardei is a club legend as a player and therefore has a lot of credit with the fans. He wanted to retire, but fans wanted him to continue. He is a bit like Streich, he loves the club that much and the fans loves him.
A big problem in football is time, and a complete new squad needs time to build. They have 1/3 of the squad costs.
You can say it's not succesful to not promote as a relegating team, but 2nd Bundesliga is very hard as I said and Hertha had poor 2 months into the season. But financially it's the first year for a decade they are in the win zone again.
Spot on .
Streetender1878
Player Valuation: £1.5m
Simon goodley. The matt hughes of the guardian. The thing i want to know is who is talking. Where do they get their in depth financial analysis from. All we hear is 777 arent talking. Then the club arent talking. So do they just divide our published turnover by 12 and start riffing about administration. Pair of beauts.
Moderatelywarmwater
Player Valuation: £8m
Hmm. If they were getting such duff information, it’s rather a coincidence that 777 still haven’t taken us over. Indeed, it seems that 777 have actually caused a seismic shift in the reinsurance market due to their profligacy. When the FT are reporting the same, you know it’s genuine.
And this is what will surely happen if they get in here.
We have problems before 777. I can't see how 777 sort it out (I have no idea how any of it gets sorted in my lifetime though)
Streetender1878
Player Valuation: £1.5m
Not saying its duff. I just want to know who is talking. Im sick of seeing daily forecasts and pure negativity on a loop. I still stick by saying hughes and goodley are beauts.
purely playing devils advocate here...
but it's an astronomical amount of money to come up with.
If you rule out Sovereign wealth funds, absolutely everyone is doing this kind of messing to meet a price tag like this.
if 777 work it out, that'll be the end of an era of abject apathy at Everton
I've no idea how they'll do but they'll be driven by the bottom line and not their ego or romantic notions.
Everton could do with a bit of that.
Just be prepared for increased ticket prices and Everton branded everything.
