777 Partners - New Poll Added 18/10/23

[Blue Smoke]

Still feels strange, that there isn't some rich Saudi who wouldn't fork up that sort of money, just to put their name on a swanky new stadium.
They spend that sort of money on a bloody yacht for crying out loud.

 

[roydo]

The TV deal is where the money is.

The future Apple/Netflix/PL TV money.

 

[Blue Smoke]

We've only just received money from MSP and 777 loans.
Isn't the media loan the only one we've been paying back so far? What sort of repayments have we been giving them?

 

[Davekknowsnothing]

Sell to this 777 lot and that’s the end of Everton as PL club forever. The don’t invest money the take money every single penny paid for us will be recouped, then the dividend payments to there investors will be made each year. The end

 

[woomy]

The future Apple/Netflix/PL TV money.

Yep, that Amazon £30 a month subscription will be coming soon. With Apple having a small taste.

 

[woomy]

Still feels strange, that there isn't some rich Saudi who wouldn't fork up that sort of money, just to put their name on a swanky new stadium.
They spend that sort of money on a bloody yacht for crying out loud.

I think if we were mid table, someone would have a looksie at us. But we are a cash drain relegation fodder club in a ton of debt. We just ain't appealing.

 

[jonnyboy316]

It's only worth what someone is willing to pay for it.

Moshi, you and any other tom, [Poor language removed] or harry can put a figure on what they think Everton is worth.

The TV deal is where the money is.

Check out what happened to West Ham and Upton park when that was sold. They sold to a company who then flipped the sale to a property developer for £40m. The property developer then demolished and built flats on there worth £340m. The company in the middle made some £19m on the deal to sell to the property developers. There are rumours that the company were mates with one of the owners of West Ham. West ham made a profit of £8m on the deal to sell upton park. In their books, West Ham had the stadium value at circa £30m.

So what value do we have for Goodison? Reckon we could make a £6m profit on selling Goodison now to a property developer.

The new stadium. What else are we going to do apart from play Football there? What over revenue streams can you get from that?

Expect we will end up selling to the RS to use as a car park

 

[Shevin Keedy]

450 million...so mishiri stake around 420ish..
350mill loans and say 300 to finish stadium.?

That's assuming new owners want to bankroll the entire thing and start off with no debts at all?

As for paying wages, that is surely what every premiership team has to do and receives similar money (except European qualification perks) through tv revenue etc.
I fail to see how we have no income to pay for wages.

Since January we have received 45 mill for Gordon, 24 mill for Keane, 7 mill for simms, 7 mill for Canon, 4 mill for the young lad Chelsea bought, 1.5 mill John stones addon, 1.5 mill for nkonkou buy on clause, 22 million iwobi, 8 million for grey.

That's 120 million in less than 12 months of sales. Is that not for running costs?

Utterly staggering isn't it?

£22 mil for Iwobi.

 

[roydo]

Yep, that Amazon £30 a month subscription will be coming soon. With Apple having a small taste.

PL should own the content imo. PLTV, globally, $10 a month. A billion subscribers. $120B a year, less paying Sky to do the broadcast grunt work.

I would pay £1B to be part of that.

 

[Tony’s Carp]

450 million...so mishiri stake around 420ish..
350mill loans and say 300 to finish stadium.?

That's assuming new owners want to bankroll the entire thing and start off with no debts at all?

As for paying wages, that is surely what every premiership team has to do and receives similar money (except European qualification perks) through tv revenue etc.
I fail to see how we have no income to pay for wages.

Since January we have received 45 mill for Gordon, 24 mill for Keane, 7 mill for simms, 7 mill for Canon, 4 mill for the young lad Chelsea bought, 1.5 mill John stones addon, 1.5 mill for nkonkou buy on clause, 22 million iwobi, 8 million for grey.

That's 120 million in less than 12 months of sales. Is that not for running costs?

I think the vast majority of what we’ve needed to borrow is going direct to the builders to keep them on site.

In terms of day to day operations / football operations those player sales and several years of wage trimming probably have that side of things not far off break even, albeit selling players is not a healthy way to achieve it. But in terms of achieving savings and transfer profit Thelwell and the football department seem to be doing what’s needed of them.

The bleed is the stadium and not having someone to fund it, having to rely on piecemeal loans to keep it going and the massive interest payments on those loans.

 

[Sussex]

Yep, that Amazon £30 a month subscription will be coming soon. With Apple having a small taste.

Not sure how to read this.

The future TV deals will be individual clubs selling all their matches to be streamed. Now that is where the money is going to be made.

At present, SKY (even how bad they are) kinda of keeps the TV money evenly distributed.

Now imagine Man Utd selling subs to punters to view their games and the amount of revenue that will produce for them. Now you compare that revenue stream to the likes of Luton. Would they be better with the current structure or where the club controls the stream?

19 home games + cups (domestic + european) + away. How do you want to package that to the punter? Sell a season ticket for all the games, just the cup games, just the home ones, on an individual basis. The american dream!

Someone said earlier about these hedge companies paying vast amounts on what could be the best return on your $ (I mean £). Struggling PL club in distress, TV deals (now and future ones) to be factored in, new stadium, old stadium to be sold.

You prepared to take a gamble.

 

[Curtis]

Josh wander of 777 celebrating his new venture capital acquisition of Everton

 

[Timak]

There is always this idea that "once Moshiri builds the stadium we'll be worth more and he can cash in"

This isn't how investors think. They look at the stadium as a cost of sale e.g you need to host football matches and that comes at a cost of say £15m a year at Goodison with ticket income of £25m

They will only see the stadium as adding value if the increase in revenue is greater than the costs of running the venue. It isn't a house that can be sold to multiple buyers.

As it stands the stadium reduces the value of the club. The cost of paying interest on £500m (it will be more) is easily £50m in interest alone. The increase in revenue may only be £20m so we could see profit reduced by £30m over our current situation.

We already lose £50-100m for a bottom 5 level squad

Nation state sports washing is our only hope as they'll just wipe off the debt.

 

[sam17]

Have people been paying for packages( not the paving)?

Yes, had to pay a deposit

 

[nonstripdzebra]

A lot of scary notes in the Ornstein piece. If anyone need case and point that this level of wealth are frankly inept look no further. Moshiri was splashing short sided cash assuming his dividends from Usmanov investments would never dry up. One change in that and the house of cards collapses exposing the lack of logic or sustainability in the entire model in literally a year. He's been a truly awful owner. I don't think he ever understood the club, its fans. There was no success, changes on a dime and instead he's put the club on the brink with terrible investments and holes all over the boat. Its 8 year olds on fifa type ineptness.

I will say the Premier League also deserves blame. The war and subsequent freezing of assets most affected 1to1 Chelsea but they must have had an inkling as to our situation considering our filings of losses from Covid that things weren't great and could be harder to parse. I don't have a problem of having morality affect the club, even at our clubs expense but I would have expected a bit more hand holding forcing a sale as was with Abramovich. Or at least that Everton were in a unique position based on its losses and Moshiri being a 1/2 step removed from such ties.

As let's face it the league has no morality to begin with. They authorized the Saudi wealth fund in almost the same breath as the russian sanctions. Rich hypocrisy at its finest. The league has no there there in really any human rights violations besides the one most dramatically taking the west's public consciencence in the here and now. The actions on Russia granted from the UK but regardless are simply media appeasement. It seems atrocities happening to peoples of color globally is just the byproduct of global capitalism and nothing to be concerned with. We live in a sick world folks.