Everton Takeover State Of Play! 777 Deal On Brink Of Collapse LIVE
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- čas přidán 2. 06. 2024
- Everton owner Farhad Moshiri has held face-to-face talks with potential owners 777 Partners in London this week after fresh doubt was cast on the deal being done.
Moshiri, who agreed to sell his 94.1% shareholding in the club to the Miami-based investment firm back in September of last year, has held talks with 777 co-founder Josh Wander, as first reported by Sky Sports and since independently verified by the ECHO, in a bid to try and gain some clarity over where the deal stands.
Join Matt Jones live as he sits down with our Business of Football writer Dave Powell to discuss the latest on Everton’s takeover.
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Outstanding work 👏
Very interesting cheers guys
777 is a house of cards. Even on the clubs they buy, they have no regrd for legal obligations or time limits with unpiad bills and wages everywhere. They are fundamentally unsuitable to be owners of any football club, never mind our wonderful, historical club.
Brilliant thanks lads
Yes an excellent listen lads
What specifically needs cleaning up. On June 30th about ten player's are out of contract so the wage bill will drop to about £125m. Granted we will need a few players to replace them but the revenue should be around £180m to £200m so the people holding the debt which to me seems like it was used to build the stadium need to take a haircut or allow us to renegotiate the terms and secure it against the stadium.
The stadium is said to generate an extra £24m a season. Surely we can see a bank and borrow enough to pay these debts using that £24m a season?
Theres a good possibility we could go into administration just before the Arsenal game especially if we beat Sheffield united on Saturday and Luton loose aswell 15 points clear from bottom3 take a 9 point hit this season and administration
Still doesn’t mean administration is a good thing, just because we’d stay up. An administrator would have to find ways to pay off the debts, usually through selling off assets (new stadium, training ground, players etc.) and laying off club staff. It would be devastating long term, and probably mean relegation would be on the cards next season with a paper thin squad. Administration has to be avoided at all costs.
At last a sensible view on administration. I just cannot see Moshiri letting this happen, he would lose millions. He would be better advised to stick with efc until the price of efc goes up, which it will. We just have to get through this very difficult time, and we will. UTFT
Wouldn't happen until the end of the month if at all thats when the next money from 777 due
Moshiri won't allow that. Usmanov will give him concrete slippers before agreeing to put us into administration and losing his entire investment.
Shouldn't the prem have realised 777 were out of their depth months ago,this delay has cost Everton dearly.
Moshiri would get more ROI in the mid-term if he just held on to his ownership and re-invested in the club for another couple of years.
Of course Farhad Moshiri must now understand that his only option is to seek and find new proper candidates for the ownership of Everton.
Josh (777) can wander off!
Didn't think you could find bigger Clowns than Moshiri, seem to be wrong on that front!