*Shakes head* Everton again.

[Bobby Hundreds]

Their covid losses need to be rectified and added to the amount they went over by, no way should that con be allowed to stand. It's fucking outrageous.

[Anubis]

From The Mail.
 

Quote

 

Everton’s buyers 777 Partners are implementing a major staff cost-cutting programme with the aim of reducing headcount across the business by around five per cent. 

 

Mail Sport has learned there have been redundancies in both 777’s London and Miami offices recently, while the American investment company’s chief financial officer Damian Alfalla has resigned.

 

777 have been frustrated by the length of time it is taking the Premier League to conduct due diligence on their offer to buy Everton having agreed a sale with current owner Farhad Moshiri last September. 

 

The Premier League have been scrutinising the Everton deal for almost five months in stark contrast to other recent takeovers. 

 

The Todd Boehly/Clearlake Capital purchase of Chelsea two years ago was approved in under four weeks, although given Roman Abramovich was forced to sell by the government following Russia’s invasion of Ukraine the circumstances were exceptional, while Sir Jim Ratcliffe’s £1.25billion investment in Manchester United was approved in six weeks.

 

777 were asked by the Premier League to provide further details of their funding and assurances they can bankroll the club for at least the next few years this week, in another indication that approval for the takeover is not guaranteed. 

 

The delays are proving expensive for 777 as they have been effectively funding Everton since September, and have committed around £190m in loans to meet the club’s operating costs and the construction of their new stadium at Bramley Moore Dock.

 

777’s funding for Everton is facing fresh scrutiny after an insurance company they have borrowed from – Haymarket – have been investigated for potential breaches of US governance regulations. 

 

777 declined to comment about their cost-cutting, but a source close to the company said that a fluid headcount is standard practice in the financial services industry.

 

 

[No2]

The PL have been quite tight with all these financial charges.  One the keys to City's "win" at CAS was them demonstrating all the leaks from UEFA showed an organisation that already had a verdict in mind. The PL's silence on the City case has been remarkable and clearly shows they have learned from UEFA's mistakes. Hence I think any call by Campari or Barcadi or smirnoff is pure bullshit.

[Barrington Womble]

1 hour ago, No2 said:

The PL have been quite tight with all these financial charges.  One the keys to City's "win" at CAS was them demonstrating all the leaks from UEFA showed an organisation that already had a verdict in mind. The PL's silence on the City case has been remarkable and clearly shows they have learned from UEFA's mistakes. Hence I think any call by Campari or Barcadi or smirnoff is pure bullshit.

It could be someone from the Everton side. Surely they will get visibility of the verdict before it's made public? 

[Pidge]

3 hours ago, Bobby Hundreds said:

Their covid losses need to be rectified and added to the amount they went over by, no way should that con be allowed to stand. It's fucking outrageous.

Not in the scope of what's being looked at so no chance of that, unfortunately.

[Barrington Womble]

9 minutes ago, Pidge said:

Not in the scope of what's being looked at so no chance of that, unfortunately.

I think they've already been given a pass on it. 

[Tenfolder]

16 hours ago, Anubis said:

Just that wee bit of not understanding Everton would also have disclose everything as well. Really not sure they’d want that.

 

 

Fucking hell, reading some of the replies to this, they really do live on a different planet don't they.

[Anubis]

Quote

Anything that isn’t the full ten points returned back is a disgrace. I’m sure they’ve modelled the exact number that fans would be happy enough with to make all the noise stop but still enough off to keep us in a relegation battle. Don’t be the fan made up to get 5 points back it just means the PL invented a punishment for us and took 5 points off us for trying to build a new stadium.

 

Quote

Morning lads. 5 points back would be a disgrace and we should not be happy about it.

 

Quote

The only thing we have been found guilty of is on the back of the PL refusing to accept that a war has unavoidably lost us £42M per year whilst trying to build a £760M stadium.

Full 10 points back, and a public apology. Anything less will be a disgrace.

 

 

[Barrington Womble]

10 minutes ago, Anubis said:

 

 

 

 

They really are of the opinion they're actually innocent aren't they, despite the obvious that the club admitted guilt. 

[VERBAL DIARRHEA]

You do need to cheat to be cheats but we’re not cheats….or are we?

[CWD82]

1 hour ago, No2 said:

The PL have been quite tight with all these financial charges.  One the keys to City's "win" at CAS was them demonstrating all the leaks from UEFA showed an organisation that already had a verdict in mind. The PL's silence on the City case has been remarkable and clearly shows they have learned from UEFA's mistakes. Hence I think any call by Campari or Barcadi or smirnoff is pure bullshit.

That Tony Campari account is a twitter blag by one of the blues. Rattled loads, had the geordies fuming about something he had blagged a while back

[Anubis]

There was one post I couldn't find again referring to BMD as one of the most important building projects in Europe.

[Pidge]

20 minutes ago, VERBAL DIARRHEA said:

You do need to cheat to be cheats but we’re not cheats….or are we?

Well WE are, obviously, but not them. Even when they accept it, never them...

[Pete]

24 minutes ago, Anubis said:

There was one post I couldn't find again referring to BMD as one of the most important building projects in Europe.

If that's the case how come it affected the World Heritage status? 

[littletedwest]

"Full 10 points back, and a public apology. Anything less will be a disgrace"

 

 

Yeah good luck with that. Like a smack head caught with a leg of lamb down his pants saying they have been scapegoated.

[Harry Squatter]

What they can't seem to grasp about the war in Ukraine ending their sponsorship deal is that they were funded by a mate of Moshiri who seemingly wanted to put a lot of money into the club without ever owning it. Their fans were all laughing about him being the real owner and just using Moshiri as a front man. They've always been cagey about him being involved yet what company would offer £30m naming rights for a stadium that had had yet to even be started?. It also conveniently appeared when the club were that amount short of meeting ffp and they announced it at their AGM with a straight face. 

 

So he blagged his own money into the club with inflated sponsorship deals which no one else would pay. Since then they've been unable to get equivalent deals or even replace them with anywhere near what he put in. 

 

Spurs despite being based in London and using the stadium for other things like NFL and concerts still haven't been able to secure naming rights a few years after they built it. 

 

If AXA or Standard Chartered got liquidated Liverpool would still be able to get a similar deal from another sponsor yet Everton want you to believe that they lost all their funding from one dubious source because of the war. 

[Manny]

17 minutes ago, Harry Squatter said:

What they can't seem to grasp about the war in Ukraine ending their sponsorship deal is that they were funded by a mate of Moshiri who seemingly wanted to put a lot of money into the club without ever owning it. Their fans were all laughing about him being the real owner and just using Moshiri as a front man. They've always been cagey about him being involved yet what company would offer £30m naming rights for a stadium that had had yet to even be started?. It also conveniently appeared when the club were that amount short of meeting ffp and they announced it at their AGM with a straight face. 

 

So he blagged his own money into the club with inflated sponsorship deals which no one else would pay. Since then they've been unable to get equivalent deals or even replace them with anywhere near what he put in. 

 

Spurs despite being based in London and using the stadium for other things like NFL and concerts still haven't been able to secure naming rights a few years after they built it. 

 

If AXA or Standard Chartered got liquidated Liverpool would still be able to get a similar deal from another sponsor yet Everton want you to believe that they lost all their funding from one dubious source because of the war. 

It's been said a thousand times but fuck it, once more can't hurt:

 

If they're such an attractive investment and categorically NOT a money laundering vehicle for a mate of Vlad's, then why couldn't they just swap to an almost-as-lucrative sponsor for Finch Farm and BMD the minute that fat slug Usmanov's assets were frozen? Oh yeah, because there was barely any interest in sponsoring either for useful sums of cash beyond said fat slug's unspecified purposes.

 

They should just count their lucky stars the PL has been so circumspect about challenging their Covid losses (because they'd have an even bigger deduction if they took the dim view they should have about theoretical valuations of players sourced from SteveO), and that these point deductions are coming for them in a year of historically bad football teams in the league. Honestly, their sense of outrage about all of this is fucking scandalous. They're bang to rights and yet are probably going to be let off without any kind of meaningful punishment, but they can't help being cheeky bastards and foaming at the mouth about it.

 

The karmic reckoning of 777 ownership and financial oblivion is more than they fucking deserve.

[Harry Squatter]

26 minutes ago, Manny said:

It's been said a thousand times but fuck it, once more can't hurt:

 

If they're such an attractive investment and categorically NOT a money laundering vehicle for a mate of Vlad's, then why couldn't they just swap to an almost-as-lucrative sponsor for Finch Farm and BMD the minute that fat slug Usmanov's assets were frozen? Oh yeah, because there was barely any interest in sponsoring either for useful sums of cash beyond said fat slug's unspecified purposes.

 

They should just count their lucky stars the PL has been so circumspect about challenging their Covid losses (because they'd have an even bigger deduction if they took the dim view they should have about theoretical valuations of players sourced from SteveO), and that these point deductions are coming for them in a year of historically bad football teams in the league. Honestly, their sense of outrage about all of this is fucking scandalous. They're bang to rights and yet are probably going to be let off without any kind of meaningful punishment, but they can't help being cheeky bastards and foaming at the mouth about it.

 

The karmic reckoning of 777 ownership and financial oblivion is more than they fucking deserve.

Exactly. He wasn't the owner but put a lot of his own money into the club and even interviewed managers. Ancelotti and his son said they were interviewed by him who discussed bonuses with them. Pretty strange considering he was just a sponsor. Ancelotti ended up suing the club for the money. 

 

They are just dodgy cunts who deserve everything they get.

[Megadrive Man]

59 minutes ago, Harry Squatter said:

What they can't seem to grasp about the war in Ukraine ending their sponsorship deal is that they were funded by a mate of Moshiri who seemingly wanted to put a lot of money into the club without ever owning it. Their fans were all laughing about him being the real owner and just using Moshiri as a front man. They've always been cagey about him being involved yet what company would offer £30m naming rights for a stadium that had had yet to even be started?. It also conveniently appeared when the club were that amount short of meeting ffp and they announced it at their AGM with a straight face. 

 

Spurs have been struggling to find a stadium naming rights sponsor for years despite it being an impressive building in London, yet incredibly Everton easily managed to find one that was happy to pay £30m a year, years before the stadium was built!

 

It's farcical!  

[Harry Squatter]

8 minutes ago, Megadrive Man said:

 

Spurs have been struggling to find a stadium naming rights sponsor for years despite it being an impressive building in London, yet incredibly Everton easily managed to find one that was happy to pay £30m a year, years before the stadium was built!

 

It's farcical!  

Yep. A 62k capacity stadium with the highest fan spend per head that has held NFL games, numerous concerts and boxing matches since it was built wasn't able to get naming rights but one that hadn't even been built was able to get a £30m deal off Moshiris mate. Not dodgy at all. 

[aws]

My recollection is that it wasn’t even a naming rights contract - it was only an option for which he paid a one-off lump sum of £30m giving him the right to enter into an annual contract when the stadium was built if he wanted do. Firstly, it was (obviously) as dodgy as fuck because who in the real world would buy an option like that and, secondly, there was no certainty of any future payment from him (regardless of Covid, Ukraine or anything else). 

[AngryOfTuebrook]

[AngryOfTuebrook]

Self-awareness?

[Anubis]

I don't think Dyche has ever been strong on self-awareness.

[VladimirIlyich]

1 hour ago, Manny said:

It's been said a thousand times but fuck it, once more can't hurt:

 

If they're such an attractive investment and categorically NOT a money laundering vehicle for a mate of Vlad's, then why couldn't they just swap to an almost-as-lucrative sponsor for Finch Farm and BMD the minute that fat slug Usmanov's assets were frozen? Oh yeah, because there was barely any interest in sponsoring either for useful sums of cash beyond said fat slug's unspecified purposes.

 

They should just count their lucky stars the PL has been so circumspect about challenging their Covid losses (because they'd have an even bigger deduction if they took the dim view they should have about theoretical valuations of players sourced from SteveO), and that these point deductions are coming for them in a year of historically bad football teams in the league. Honestly, their sense of outrage about all of this is fucking scandalous. They're bang to rights and yet are probably going to be let off without any kind of meaningful punishment, but they can't help being cheeky bastards and foaming at the mouth about it.

 

The karmic reckoning of 777 ownership and financial oblivion is more than they fucking deserve.

I object to my name being linked with a Cowboy Outfit such as Everton. Bring back the gulags.