777 Partners / Whatever the hell you like

[COYBL25]

Everton acquisition likely to cause anger in Liege - Get Belgian & Dutch Football News

With the imminent purchase of Everton by 777 reported in various media outlets, there will certainly be a few angry words amongst Standard Liege fans over the

getfootballnewsbene.com

Not sure if already posted but not exactly inspiring.

Standard Leige > Everton.

The similarities are quite startling.

 

[Bob Latchford]

Standard Leige > Everton.

The similarities are quite startling.

Watched something the other day that commented on US investors in general who focus more on business development and taking profits and the approach is very different from the Saudi/Dubai style of pumping money in… if I can find the clip for the documentary I’ll link it.

 

[9LeagueTitles5FACups]

Standard Leige > Everton.

The similarities are quite startling.

It appears as though they like to purchase, or invest in, clubs and businesses which have fell upon unfavourable times. Hertha Berlin & Genoa are prime examples of this approach.

 

[Dr Baxter]

Standard Leige > Everton.

The similarities are quite startling.

Always thought Standard Liege sounds like a car from the 1960's. "Oh, yeah. They had a few bob. I remember they had a Standard Liege when I was a kid. They used to go to Llandudno in it at weekends."

 

[Eggsyblueskin]

Based on what I’ve read about 777 over the past few months, I would be seriously concerned were they to become our owners.

 

[Joey66]

Based on what I’ve read about 777 over the past few months, I would be seriously concerned were they to become our owners.

No different than the ones we have now - if the past stories are true mate ....

 

[dublinbluenose]

No different than the ones we have now - if the past stories are true mate ....

Yep, Kenwright and Green have been sucking funds out of this club for decades. No ever present in the Premier League has been as much of financial basket case.

 

[Blue peter]

Everton acquisition likely to cause anger in Liege - Get Belgian & Dutch Football News

With the imminent purchase of Everton by 777 reported in various media outlets, there will certainly be a few angry words amongst Standard Liege fans over the

getfootballnewsbene.com

Not sure if already posted but not exactly inspiring.

No, not inspiring, but if they can takeover a distressed asset at a reasonable price, I would imagine that the riches on offer for making Everton self sustainable and competitive far outweigh the benefits of investing in other clubs. They will likely remain a multi club model, but I could see them dispensing with one or two of their other assets to fully invest in us (that’s what I would do anyway). Just trying to see some potential upside here which to be fair, is not indicated by the media reporting of their activities.

 

[Blue peter]

Does that cover small percentage stakes though? Like I say, they find £200mill for 25% stake... surely thats small enough to get round "takeover" checks. You're just an Investor then. Increases the value of the club too.

Yes, but if they only take a %, I presume we find ourselves back in the position of Rights and Media Funding Ltd wanting their loan satisfied first which stopped the MSP deal in the first place?

 

[MIKE85]

Has anyone seen any positive stories about 777 Partners?

Yeah, there's no "Persian" homeboy on the board to enrich. I guess that's the only positive thing

 

[kenada_blue]

777 want a full takeover though don't they? never seen any talk of them and suggestions of "investment" I think we need to know more details tbh, we don't even know who the Asian outfit are yet.

I'm under the assumption that Mosh is looking for investment ala MSP (£150-200mill for 25% then look to increase over time) which is what 777 were also at the table for. Neither have the £500mill+ that Mosh would be looking for as a buy out.

Could be wrong.

 

[kenada_blue]

Yes, but if they only take a %, I presume we find ourselves back in the position of Rights and Media Funding Ltd wanting their loan satisfied first which stopped the MSP deal in the first place?

Someone asked Myers this on twitter and he bluntly said "no".

Which assumes that whoever it is have no issues with the Rights and Media Funding Ltd terms.

But as been mentioned...it could've been used for Mosh to scupper the deal cos he had a "better" one lined up.

 

[Simon Buttle]

I'm under the assumption that Mosh is looking for investment ala MSP (£150-200mill for 25% then look to increase over time) which is what 777 were also at the table for. Neither have the £500mill+ that Mosh would be looking for as a buy out.

Could be wrong.

777 previously wanted a full takeover, they backed off when Moshiri said he was only looking for investment. I think if he could find a way out Moshiri would take it tbh.

 

[BainesontoastNEW]

Apologies if today's On The Continent podcast has been posted already but it's got an interesting segment on these 777 Partners guys. I'd post a transcript, but to be quite honest I cba.

 

[MichaelEFC96]

777 will be the final nail in the coffin for this club if their track record is anything to go by