Any updates lads?
- Status
Blue83
Player Valuation: £25m
Season is over now so 777 saga on hold until August when we begin the new season
Martin Alvito
Player Valuation: £50m
Oh, God, I'm seeing them climbing out of a grave in July. Thanks for the mental image.
Season ended, relax
noooooooo
Daytripper
Player Valuation: £35m
Yep. Cheers.
Connor mcloud
Player Valuation: £8m
Or crawling through a TV screen
Why are you always like this
Anyone got Bernard arnault’s number?
Daytripper
Player Valuation: £35m
Like what mate?
14_dollars
Player Valuation: £6m
Pretty sobering update on another forum.
The People's Forum: I have spent 5 hours on the hone today
With people closely involved in the EFC situation one as a reporter observer one working to try to bring a consortium together and another working for a lender. I cannot break confidences but 1. There is no seriously rich interested buyer and MSP seriously do NOT want to step in. No...
members.boardhost.com
Martin Alvito
Player Valuation: £50m
Nobody said they have to conquer the world like it's a zombie movie. Two barrels from a twelve gauge and they're down, amirite?
Pretty sobering update on another forum.
The People's Forum: I have spent 5 hours on the hone today
With people closely involved in the EFC situation one as a reporter observer one working to try to bring a consortium together and another working for a lender. I cannot break confidences but 1. There is no seriously rich interested buyer and MSP seriously do NOT want to step in. No...members.boardhost.com
- I have spent 5 hours on the hone today
Posted by neilw*
on May 20, 2024, 9:11 pm
With people closely involved in the EFC situation, one as a reporter/observer, one working to try to bring a consortium together and another working for a lender. I cannot break confidences but:
1. There is no seriously rich interested buyer and MSP seriously do NOT want to step in. No Qataris. No funded US buyer (just another chancer).
2. The only possible consortium right now is some Evertonian names well known to us (through involvement with MSP or wider public profile) but they are well short of being able to make a bid. Even if they can it will be at best a short-term bridging move as they try to restructure and find the elusive longer-term buyer
3. MSP (perhaps because they are American) do not yet fully understand the risks of relegation, UK liquidation etc. They might be getting there slowly but do not seem to understand or want to accept that their stadium security is worthless unless Everton is a going concern in the PL. They do not want to be the one to push us over the edge but do not seem to realise they could easily lose everything. If they ever do get there maybe option 2 will become viable with their support. IF!
4. R&MF have the strongest income security and will not consider taking a haircut on loans or reducing or deferring interest - unless and until the doom clock strikes 11.59.
This all means IMO there is no path forward until:
1. MSP recognise security on stadium is worthless unless Everton are a going concern; no club, no value; and
2. R&MF recognise much of their debt will never be repaid; both a US marine style haircut & lower interest rates are needed to stabilise long-term finances
Right now neither get/accept this analysis so this summer we will be selling players (multiple) to pay final stadium costs, cover operating costs and maybe trim the R&MF loan a touch. It will require miracles from Thelwell, Dyche et al to keep our heads above water. Kicking the can down the road.
Will we survive in PL? I have no idea but I am more worried tonight than I was last night and I was mildly terrified last night. Unlike eg TheEsk I do not think we would emerge from administration without liquidation sending us to AFCEverton at eg Tier 8-11.
Sorry to be the grinch but bad though the last two years have been we are nowhere near turning a corner, at least not in any positive way.
Nobody show @matty1878
Martin Alvito
Player Valuation: £50m
Love the last line.
- I have spent 5 hours on the hone today
Posted by neilw*on May 20, 2024, 9:11 pm
With people closely involved in the EFC situation, one as a reporter/observer, one working to try to bring a consortium together and another working for a lender. I cannot break confidences but:
1. There is no seriously rich interested buyer and MSP seriously do NOT want to step in. No Qataris. No funded US buyer (just another chancer).
2. The only possible consortium right now is some Evertonian names well known to us (through involvement with MSP or wider public profile) but they are well short of being able to make a bid. Even if they can it will be at best a short-term bridging move as they try to restructure and find the elusive longer-term buyer
3. MSP (perhaps because they are American) do not yet fully understand the risks of relegation, UK liquidation etc. They might be getting there slowly but do not seem to understand or want to accept that their stadium security is worthless unless Everton is a going concern in the PL. They do not want to be the one to push us over the edge but do not seem to realise they could easily lose everything. If they ever do get there maybe option 2 will become viable with their support. IF!
4. R&MF have the strongest income security and will not consider taking a haircut on loans or reducing or deferring interest - unless and until the doom clock strikes 11.59.
This all means IMO there is no path forward until:
1. MSP recognise security on stadium is worthless unless Everton are a going concern; no club, no value; and
2. R&MF recognise much of their debt will never be repaid; both a US marine style haircut & lower interest rates are needed to stabilise long-term finances
Right now neither get/accept this analysis so this summer we will be selling players (multiple) to pay final stadium costs, cover operating costs and maybe trim the R&MF loan a touch. It will require miracles from Thelwell, Dyche et al to keep our heads above water. Kicking the can down the road.
Will we survive in PL? I have no idea but I am more worried tonight than I was last night and I was mildly terrified last night. Unlike eg TheEsk I do not think we would emerge from administration without liquidation sending us to AFCEverton at eg Tier 8-11.
Sorry to be the grinch but bad though the last two years have been we are nowhere near turning a corner, at least not in any positive way.
Nobody show @matty1878
- Status
