777 Partners - New Poll Added 18/10/23

[kenada_blue]

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The Premier League clubs have voted to cap leveraged buyouts at around 65 per cent of a club’s value, which would ban the kind of big-debt takeover that the Glazer family led of Manchester United in 2005,

Premier League clubs vote to ban Glazer-style big-debt takeovers

Leveraged buyouts, such as the one that bought Manchester United in 2003, to be capped at around 65 per cent of a club’s value

www.telegraph.co.uk

 

[Mademan]

Says “several hundred thousand pounds”. Does that mean he doesn’t know how much it actually was or does he mean seven hundred thousand pounds and he just can’t spell.

 

[Lloydaldo11]

@GrandOldTeam I 100% guarantee this Matt "bearer of bad news" Hughes is on this forum because he knows we take the piss out of him and he's making it his life's mission to just write as much negative tripe as possible about us.

You can always tell a derby is coming up as the propaganda against us ramps up.

This journo needs raining in however, bad levels of agenda. No quotes or substance in that article. Almost clubcall levels of tripe but the RS/barcode keyboard warriors will lap it up

 

[Dublin blue 75]

I guess the obvious question is why haven't a decent company bid for us?
I think we know why
The fact is that other Prem clubs have been bought by dodgy owners
We can't even do that
Northern Premier approaches

William Kenwright stinking the gaff out and refusing to be dislodged is central to the reason.

 

[Bazlar]

what i miss?

Nothing much mate. Just the future of the club might be going overkill. The Yanks are dodgy as and the Mosh man has tightened his purse . That's all

 

[BlueStevie35]

"There are none so blind as those who choose not to see"

If the lost sheep from the flock want to worship false idols like 777 and Mike Ashley, we unfortunately should allow them.

Rivers of tears however are inevitable when the reality happens.

Says the dolt who idolises Moshiri and Benitez

 

[IllinoisBlue]

In a little over 12 months we will still be a premier league club and will have an iconic new stadium on the banks of the Mersey.

The new stadium makes us a very attractive package and we will be purchased by someone with serious wealth.

 

[Joeharper07]

In a little over 12 months we will still be a premier league club and will have an iconic new stadium on the banks of the Mersey.

The new stadium makes us a very attractive package and we will be purchased by someone with serious wealth.

Just need the £250 million to finish it as well as more than likely making a loss , paying big interest payments which may have to be countered by more loans or selling assets

 

[Exeter_Gently]

I think we should all get off 777's back.

 

[siddharth]

The Premier League clubs have voted to cap leveraged buyouts at around 65 per cent of a club’s value, which would ban the kind of big-debt takeover that the Glazer family led of Manchester United in 2005,

Premier League clubs vote to ban Glazer-style big-debt takeovers

Leveraged buyouts, such as the one that bought Manchester United in 2003, to be capped at around 65 per cent of a club’s value

www.telegraph.co.uk

They can apparently leverage the event of the takeover instead of the assets.
Also a serious question, will the authorities wave the white flag if there is a simple merger or acquisition of the Everton wing of 777? Something like 777 England Partners including Moshiri as a wholly owned subsidiary?

 

[Neiler]

Worried beyond words that this disciplinary hearing is playing out badly and 777 watching like a vulture.

777 is a done deal mate, the only thing that can stop it now is regulatory approval, there are signed agreements and the only get out of jail is regulatory approval not being granted.

 

[Neiler]

Just need the £250 million to finish it as well as more than likely making a loss , paying big interest payments which may have to be countered by more loans or selling assets

A big question with 777 is will the ground even be of any benefit to us?

A projection for the ground is that it will increase revenue by about £40 mill per year. What guarantee is there within the 777 model that this money goes to Everton?

For example 777 has a stable of clubs. Say Everton produce an increased profit - 777 partners are the shareholders - so they decide how that profit it used. The partners have choices - either it goes back into Everton, or they can pay themselves a dividend and take the profit out of the club or say one of the other clubs in the stable isn't doing well like Leige. If Everton maintains its value, but they can increase the value of Liege by giving them say the profit of £40 mill that Everton has generated - well it makes sense to increase the value of the least performing club and thus their overall investment. Thus the value of the asset for the partners goes up collectively.

Make no mistake about it this is nothing like what happens at the CIty group.

So with any future profits or success like the new ground or European football or even selling a player etc - there is no guarantee that the revenue will go to or benefit the club.

 

[kenada_blue]

A big question with 777 is will the ground even be of any benefit to us?

A projection for the ground is that it will increase revenue by about £40 mill per year. What guarantee is there within the 777 model that this money goes to Everton?

For example 777 has a stable of clubs. Say Everton produce an increased profit - 777 partners are the shareholders - so they decide how that profit it used. The partners have choices - either it goes back into Everton, or they can pay themselves a dividend and take the profit out of the club or say one of the other clubs in the stable isn't doing well like Leige. If Everton maintains its value, but they can increase the value of Liege by giving them say the profit of £40 mill that Everton has generated - well it makes sense to increase the value of the least performing club and thus their overall investment. Thus the value of the asset for the partners goes up collectively.

Make no mistake about it this is nothing like what happens at the CIty group.

So with any future profits or success like the new ground or European football or even selling a player etc - there is no guarantee that the revenue will go to or benefit the club.

The thing is... making everton a commercially successful brand in the biggest money spinning league in the world benefits 777 and it's investors massively.

They say their motivation is to make each club they own self sustainable so financially I can't see them offsetting one income towards other clubs.

Couple of things I feel will happen is...any further borrowing will be away from football. Any interest that needs paying on borrowing will be topped up by those investments outside of football - offsets and clever accounting. They'll also be from people they have close relationships with...so they'll be no wolf at the door calling them in.

Add to the fact they won't spend a penny on the squad, the increase in revenue will go to running the club day to day.

 

[Mikey_Fitzgerald]

Says the dolt who idolises Moshiri and Benitez

"Dolt" is an underused insult and perfect for a website with a swear filter

Bravo

I personally think 777 are an untrustworthy bunch of gits

 

[Mikey_Fitzgerald]

A big question with 777 is will the ground even be of any benefit to us?

A projection for the ground is that it will increase revenue by about £40 mill per year. What guarantee is there within the 777 model that this money goes to Everton?

For example 777 has a stable of clubs. Say Everton produce an increased profit - 777 partners are the shareholders - so they decide how that profit it used. The partners have choices - either it goes back into Everton, or they can pay themselves a dividend and take the profit out of the club or say one of the other clubs in the stable isn't doing well like Leige. If Everton maintains its value, but they can increase the value of Liege by giving them say the profit of £40 mill that Everton has generated - well it makes sense to increase the value of the least performing club and thus their overall investment. Thus the value of the asset for the partners goes up collectively.

Make no mistake about it this is nothing like what happens at the CIty group.

So with any future profits or success like the new ground or European football or even selling a player etc - there is no guarantee that the revenue will go to or benefit the club.

Wouldn't shock me if 777 sold the ground to then lease it back if they're in full penny pinching mood