777 Partners / Whatever the hell you like

[pfim]

Well, Amanda Stavely's stake in Newcastle is now below 10%.

Maybe time to give her a real challenge

This has to scare off the Qataris. If they try to buy us, there’s no doubt they’ll be invaded

 

[pfim]

It's difficult to believe the loans made by 777 didn't come with some description of covenant requiring full repayment by Moshiri or any alternative buyer in the event the 777 deal collapsed and the club ended up in different hands.

Even if they didn't, I really can't see the 777 administrators accepting a haircut any time soon. The 777 collapse is going to be sufficiently messy that it will be filling courtrooms for years to come. Rushing into taking a haircut will just see the administrators join them. American creditors are vicious.

To the first point, they have no security so they have no leverage.

 

[mahermi1]

Then God help us..

 

[Lobworm]

This has to scare off the Qataris. If they try to buy us, there’s no doubt they’ll be invaded

This.
If Mosh gets out quick enough, Iran might just avoid being nuked.

 

[Baileys perm]

Is the money they lent us unsecured loans

 

[indieman1]

To the first point, they have no security so they have no leverage.

They definitely have no security over our assets or income streams but there has clearly been something preventing Moshiri from walking away up until this point.

Even allowing for a healthy dose of hubris and idiocy, I struggle to believe they (and now the administrators) have no levers to pull. They've clearly had doubts about their own ability to pull this off for months now, no way have they kept ploughing in £20m after £20m without some kind of angle to work if Moshiri took fright or received a more attractive offer.

 

[Frenk]

McDonalds, KFC, Burger King, or Pizza Hut.

 

[pfim]

They definitely have no security over our assets or income streams but there has clearly been something preventing Moshiri from walking away up until this point.

Even allowing for a healthy dose of hubris and idiocy, I struggle to believe they (and now the administrators) have no levers to pull. They've clearly had doubts about their own ability to pull this off for months now, no way have they kept ploughing in £20m after £20m without some kind of angle to work if Moshiri took fright or received a more attractive offer.

There were likely penalties which may or may not be enforceable now.

Frankly, I truly believe he kept them around because they kept loaning money and no one else was willing to.

 

[Toffe3m4n]

The back-patting by Esk & Paul Brown has already started I see lol

 

[Neiler]

 

[Goat]

Administration it is then, hey????????????????????????????????????????????

 

[Frenk]

Oh crap

 

[maccavennie]

Oh crap
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lol lol quality mate. Like the time the Newcastle fan got the tattoo of Andy Cole and 2 days later he signed for Utd lol

 

[Mikey_Fitzgerald]

I called it in September, I will claim my crown whenever you’re all ready xo

Pretty certain I never liked them from the off

777 Partners - Revised Poll Added 07/05/2024

They we're in talks with PIF earlier in the year about PIF investing in 777 to allow them to expand their club ownership. They were also talking to other parties. Assume they have accessed funds to allow them to purchase Everton Yeah, there will be a funding source for this. They might be...

www.grandoldteam.com

 

[nsno-chris]

Farhad best dip into his mates wallet again, because we’ve got a £20m bill coming up soon