Everton

[Dicko]

777 seem in a bit of brick.

Blow to would-be Everton owners 777 Partners as airline enters administration

Company owned by 777 Partners, who hope to take over Everton, enters administration in Australia

www.theguardian.com

They were dodgy from the start weren't they

 

[Lilbaz]

They were dodgy from the start weren't they

Yep.

But they did the capitalist thing. Buy things with other peoples money to try and turn a quick profit. Which is great when it works. Not so great when it doesn't. But they can walk away with pockets full of cash regardless. Start a new company and do it all again.

 

[jts1882]

Everton: Potential buyers 777 accused of fraud in court filing

Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.

www.bbc.co.uk

 

[tw12yid]

The Repo men? - josimarfootball.com

The two main creditors of 777 Partners in Belgium are asking for the seizure of all assets held by the US investment fund in the country after it failed to respect payment deadlines.

josimarfootball.com

Further bad news re 777. Looks like assets in Belgium being seized.

 

[Lilbaz]

The Repo men? - josimarfootball.com

The two main creditors of 777 Partners in Belgium are asking for the seizure of all assets held by the US investment fund in the country after it failed to respect payment deadlines.

josimarfootball.com

Further bad news re 777. Looks like assets in Belgium being seized.

Been reading the everton fans forum. They're doing 20 odd pages a day on this. They're resigned to this falling through and anyone else waiting till the last possible second to come in and get them at a cut down price.

Begs the question about the loan 777 gave to everton though. Is it all paid up or could it fall through?

 

[Dicko]

Been reading the everton fans forum. They're doing 20 odd pages a day on this. They're resigned to this falling through and anyone else waiting till the last possible second to come in and get them at a cut down price.

Begs the question about the loan 777 gave to everton though. Is it all paid up or could it fall through?

They mentioned the same thing on the radio. Any potential buyer now will just wait until they likely go into administration next year to get them on the cheap . Administration would also be a 9 point deduction next season if it happens

 

[Lilbaz]

They mentioned the same thing on the radio. Any potential buyer now will just wait until they likely go into administration next year to get them on the cheap . Administration would also be a 9 point deduction next season if it happens

Think one of the groups they own money can take over if they can't pay (if they have the funds).

It's all going to be a mess. Wouldn't want to be an everton fan. Administration is another 9 points deducted. Funny thing is they still probably wouldn't get relegated.