777 Partners / Whatever the hell you like

Revised Polling options on who wants a 777 takeover


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    676
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Obviously with this latest news of them pumping another £8 mil into the club, they are still in Moshiris thinking and these clown can still get the keys to the club.

There has to be a banner today at the ground chasing these cowboys
 

Surely its just some agreed staggered payment set up? This must be the arse end of it?
May just be that there are two separate but related agreements: share purchase agreement and loan agreement. Remember that the club said that stadium funding was secure, that’s possibly because the loan agreement isn’t fully dependent on the purchase agreement. I’ve never believed 777 were just chucking in money on an ad hoc basis as and when we needed it.

So a possible reason for the game of chicken we’ve been seeing is that there are penalties in these agreements that mean neither side wants to break them.

Clearly whatever else their problems 777 do not want to break the loan agreement. Quite possibly Kenneth King / Acap have made this payment as well as the last as he has the cash to honour the agreement and intends to take it over as part of his claim on the 777 carcass.
 
May just be that there are two separate but related agreements: share purchase agreement and loan agreement. Remember that the club said that stadium funding was secure, that’s possibly because the loan agreement isn’t fully dependent on the purchase agreement. I’ve never believed 777 were just chucking in money on an ad hoc basis as and when we needed it.

So a possible reason for the game of chicken we’ve been seeing is that there are penalties in these agreements that mean neither side wants to break them.

Clearly whatever else their problems 777 do not want to break the loan agreement. Quite possibly Kenneth King / Acap have made this payment as well as the last as he has the cash to honour the agreement and intends to take it over as part of his claim on the 777 carcass.
Sounds about right 👍
 
Obviously with this latest news of them pumping another £8 mil into the club, they are still in Moshiris thinking and these clown can still get the keys to the club.

There has to be a banner today at the ground chasing these cowboys
Wouldn’t be surprised if this clown of an owner withdrew the appeal in the FFP case to try and persuade the PL to allow the 777 takeover.
 


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