777 Partners - New Poll Added 18/10/23

New Poll... are you in favour of 777 Partners acquiring Everton FC


  • Total voters
    460
  • Poll closed .
This is when the league should step in to accelerate the vetting process for anyone who would like to step in.

The problem here isn't a lack of takers, and never has been. It's a lack of takers at Moshiri's valuation on his shares. Put his back to the wall, and he'll take less, because he ends up with nothing in administration.

It is in the interest of every other club owner in the league for Everton to be financially healthy. It improves their valuation. The longer they go without a top-flight club experiencing financial collapse, the more secure a prospective investment in any club appears.
That all made sense 10 months and 200 million ago. I’m not as optimistic now and if we’re relegated, forget about it.
 

That all made sense 10 months and 200 million ago. I’m not as optimistic now and if we’re relegated, forget about it.
If we get relegated, expect creditors to accept haircuts because it will beat administration. Rights and Media would be better off taking a lump sum that's larger than a first-year parachute payment, as an example. A club with a points deduction in danger of going down to League One is worth less than a Championship club, so working something out at the bargaining table before administration with a buyer is smart for everyone concerned.

The problem child would be 777, who probably can't afford to take one, but their standing at the back of the line won't give them much leverage. Someone would have to pay them more than they're likely to receive in administration, but no more, to secure their acquiescence.

End of the day, a prospective shotgun wedding still leaves a buyer with a club that has a shiny new stadium, minimal debt and the ability to spend to rebuild the roster. This is better than letting Moshiri loot the club while selling it to heavily indebted owners. We don't want administration, but being on the verge leads to a better outcome for the club and its fans than a sale to 777.
 
If we get relegated, expect creditors to accept haircuts because it will beat administration. Rights and Media would be better off taking a lump sum that's larger than a first-year parachute payment, as an example. A club with a points deduction in danger of going down to League One is worth less than a Championship club, so working something out at the bargaining table before administration with a buyer is smart for everyone concerned.

The problem child would be 777, who probably can't afford to take one, but their standing at the back of the line won't give them much leverage. Someone would have to pay them more than they're likely to receive in administration, but no more, to secure their acquiescence.

End of the day, a prospective shotgun wedding still leaves a buyer with a club that has a shiny new stadium, minimal debt and the ability to spend to rebuild the roster. This is better than letting Moshiri loot the club while selling it to heavily indebted owners. We don't want administration, but being on the verge leads to a better outcome for the club and its fans than a sale to 777.
We'll likely be in danger of a deduction anyway because of our financial situation
 

Man has to buy players via Klarna as well as trying to shift players for profit that he can't use.

It's almost an impossible ask (and we'd be on 35 points already)

He didn’t need to loan Danjuma for £3m when Callum Hudson-Odoi was available on a permanent for the same price. He didn’t have to pay £26m on Klarna for Beto when we already had Ellis Simms and Tom Cannon who would contribute exactly the same. He didn’t have to sign off on the signing of a 38 year old when there were other free transfers available.
 
Man has to buy players via Klarna as well as trying to shift players for profit that he can't use.

It's almost an impossible ask (and we'd be on 35 points already)
Yep. Must be great going to another club, asking can you buy one of their better players but then telling them that you can’t actually give them any money straight away to buy a replacement. Easy
 

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