Everton - The comedy

  • The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...

    Get involved!

Latest Spurs videos from Sky Sports

Did anyone else notice that only Man City, Woolwich and Liverpool have conceded less goals than Everton this season?

That's pretty impressive for a team that's been fighting relegation all season.
If not for the massive points deduction I think that they would have stayed up even more comfortably than they did.

Dyche is a perfect fit for them.
 

View: https://x.com/hellierd/status/1793750781642096736

One of 777's major lenders seems has appointed an investment bank, Moelis, to review the portfolio of football clubs that 777 have investments in - including the loans made to Everton and the Sale and Purchase Agreement awaiting completion (and awaiting funding to meet the conditions before it can be completed) - I assume Moelis is in effect acting as an insolvency expert for the lender to 777.
 
Josh Wander and Steve Pasko, co-founders of 777 Partners, have stepped down from their positions as managing partners of the beleaguered firm,

B. Riley Advisory Services, whose expertise are in bankruptcy advice and litigation, were brought in last week to restructure the 777 Partners.

Ian Ratner and Ron Glass of B. Riley have now been appointed as managers of 777 Partners LLC and sibling company 600 Partners LLC respectively, while Don Dransfield, formerly of City Group, is overseeing 777's depleted football operations.


View: https://x.com/PhilippeAuclair/status/1791495448949051646
 
Last edited:
You'd feel for Palace; but that'd be a pretty shrewd business move............. You'd probably get a whole current Everton with a spanking new stadium development for their slice of Palace.

Deleted it because upon reading the article it's a lot of nonsense. They can't buy Everton because they hold an interest in Palace and wouldnt be able to sell it in the time available.
 
Deleted it because upon reading the article it's a lot of nonsense. They can't buy Everton because they hold an interest in Palace and wouldnt be able to sell it in the time available.

Agree, But he might like to be a long term buyer if he can sell his Palace shares.

IMO the MSP Sports Group (who own and fund the stadium project) and hold a lien over half or more of Moshiri's shares will buy the club if they can do a deal with :
- Moshiri to take a huge (even 100%) 'haircut' on his loan to Everton (which I think he'd already agreed with 777, and probably pass his Everton shares to them.
- Moshiri to step away from any management position in Everton with a new team appointed, strong financial skills with some having good football experience and others good commercial skills to build a commercial revenue base of sponsorships etc.
- 777 - Perhaps agree a 25% haircut on their loan, rolling up interest payments and a repayment date of say December 2026 (or earlier if a long term owner agreed)
- Other creditors, rolling up interest payments and a repayment date of December 2026. Its not clear how big the other debts are - if they are too big, a haircut might be needed but hopefully not
- Would need to 'socialise' the plan with PL to persuade them its the only game in town (and PL probably happy to find a solution to a very grubby situation which takes out 777 and Moshiri)

MSP might need a financial partner to put say £200m into funding the football club (whilst MSP finance the stadium which could/should open in 12 months time, before start of 2025/26 stadium.

It would need a tough negotiator to twist arms, but I see no reason why it couldn't be done providing Moshiri and 777 are persuaded to realise they are not part of Everton's future, and they are better off taking the MSP deal rather than administration or liquidation where they get even less out.

If MSP don't want to be long term holders, I think once the new stadium opens and bigger commercial revenues, it'll be a viable PL club with most of its problems cleared up. And imo MSP would walk away with a decent profit for a year or so of very hard work.

If MSP don't want to pull together a deal similar to above, anyone else just needs very deep pockets to do deals and pay off the various creditors.
 
Agree, But he might like to be a long term buyer if he can sell his Palace shares.

IMO the MSP Sports Group (who own and fund the stadium project) and hold a lien over half or more of Moshiri's shares will buy the club if they can do a deal with :
- Moshiri to take a huge (even 100%) 'haircut' on his loan to Everton (which I think he'd already agreed with 777, and probably pass his Everton shares to them.
- Moshiri to step away from any management position in Everton with a new team appointed, strong financial skills with some having good football experience and others good commercial skills to build a commercial revenue base of sponsorships etc.
- 777 - Perhaps agree a 25% haircut on their loan, rolling up interest payments and a repayment date of say December 2026 (or earlier if a long term owner agreed)
- Other creditors, rolling up interest payments and a repayment date of December 2026. Its not clear how big the other debts are - if they are too big, a haircut might be needed but hopefully not
- Would need to 'socialise' the plan with PL to persuade them its the only game in town (and PL probably happy to find a solution to a very grubby situation which takes out 777 and Moshiri)

MSP might need a financial partner to put say £200m into funding the football club (whilst MSP finance the stadium which could/should open in 12 months time, before start of 2025/26 stadium.

It would need a tough negotiator to twist arms, but I see no reason why it couldn't be done providing Moshiri and 777 are persuaded to realise they are not part of Everton's future, and they are better off taking the MSP deal rather than administration or liquidation where they get even less out.

If MSP don't want to be long term holders, I think once the new stadium opens and bigger commercial revenues, it'll be a viable PL club with most of its problems cleared up. And imo MSP would walk away with a decent profit for a year or so of very hard work.

If MSP don't want to pull together a deal similar to above, anyone else just needs very deep pockets to do deals and pay off the various creditors.

Yeah it does seem like there’s more noise from last night. Strange how these guys all want it playing out in public. Can’t imagine Levy doing that. When we are sold we’ll just wake up one day to find it’s happened.
 

This club never learns does it.
Lol...no and players never do Philips never thought through that move either. Utterly burned himself. Reminds me of Danny Drinkwhiskey
 
Lol...no and players never do Philips never thought through that move either. Utterly burned himself. Reminds me of Danny Drinkwhiskey

From a player perspective; who further up the table would give him a chance?

Already bombed at WH....... Bottom half and a no-nonsense, no frills guy like Dyche is as good as it gets.



(If you meant burned himself by moving to City; yeh it was dumb.... Then again most thought Ake was dumb doing so too...... Yet after a 1st year of doing fuck all there; he's become a regular.)
 
Looks like A Cap, the insurance company who was main lender to 777 Group, is taking direct control of 777's football investments which include Genoa fc and Standard Liege, with a view to selling those clubs (both heavily indebted) as well as Everton. All the clubs have far too much debt, so real question is who has the deep pockets to pay down (and likely negotiate debt write downs) before assuming ownership - going to be a real mess to sort out !.

 
Back
Top Bottom