*Shakes head* Everton again.

[Bobby Hundreds]

Heard a blue today saying Liverpool cheering when United scored, since when do scousers cheers on mancs! I nearly choked on the delusion.

[Scooby Dudek]

1 minute ago, Bobby Hundreds said:

Heard a blue today saying Liverpool cheering when United scored, since when do scousers cheers on mancs! I nearly choked on the delusion.

When they play Liverpool,  give them free food as well.

[Barrington Womble]

3 minutes ago, Bobby Hundreds said:

Heard a blue today saying Liverpool cheering when United scored, since when do scousers cheers on mancs! I nearly choked on the delusion.

How would he know it was Liverpool cheering? And aren't both teams mancs? 

[Bjornebye]

4 minutes ago, Bobby Hundreds said:

Heard a blue today saying Liverpool cheering when United scored, since when do scousers cheers on mancs! I nearly choked on the delusion.

They just make stuff up. Same club were cheering goals against their own team when City beat them in 2014 

[Carra_is_legend]

Remember when they were laughing so hard at Richie la's Henry tweet after we missed out on the title on the last day of the season in 2022?

 

That was AFTER they got fucked 5-1 by Arsenal. 

[Bobby Hundreds]

3 hours ago, Barrington Womble said:

How would he know it was Liverpool cheering? And aren't both teams mancs? 

He was probably in a pub watching it or some shit, I dont know to early on a Monday morning to engage.

[Barrington Womble]

2 hours ago, Bobby Hundreds said:

He was probably in a pub watching it or some shit, I dont know to early on a Monday morning to engage.

It couldn't be a bloo? I thought the city was all theirs? They're such bellends. 

[halewood pete]

[Lee909]

Everton's financial future will be put into major doubt by the end of the month if 777 Capital's proposed takeover remains unresolved. (Telegraph - subscription required)

[Mudface]

8 hours ago, Lee909 said:

Everton's financial future will be put into major doubt by the end of the month if 777 Capital's proposed takeover remains unresolved. (Telegraph - subscription required)

 

Fingers crossed then.

[Bad Red Bull]

https://x.com/EFCdaily_/status/1764744425886871996?s=20

 

777 will stop loaning Everton Working capital and new stadium financing for Bramley Moore Dock after March 31st. [@TeleFootball]

 

[Barrington Womble]

1 minute ago, Bad Red Bull said:

https://x.com/EFCdaily_/status/1764744425886871996?s=20

 

777 will stop loaning Everton Working capital and new stadium financing for Bramley Moore Dock after March 31st. [@TeleFootball]

 

 

It feels like they're trying to bully the premier league into caving in on the take over. I guess if there's no cash, the first thing that will stop is the stadium. I wonder if they have the cash to pay wages until the end of the season? Or if moshiri can find a way to get money out of uncle uzzi without detection?

[Mudface]

6 minutes ago, Barrington Womble said:

 

It feels like they're trying to bully the premier league into caving in on the take over. I guess if there's no cash, the first thing that will stop is the stadium. I wonder if they have the cash to pay wages until the end of the season? Or if moshiri can find a way to get money out of uncle uzzi without detection?

 

I would imagine any other prospective buyers would prefer to pick them up once they're on administration- I assume they would pay less? Although why anyone would want to buy them with that amount of debt and the rest of the stadium costs, I don't know.

[Barrington Womble]

11 minutes ago, Mudface said:

 

I would imagine any other prospective buyers would prefer to pick them up once they're on administration- I assume they would pay less? Although why anyone would want to buy them with that amount of debt and the rest of the stadium costs, I don't know.

 

I guess it's a trade off. It looks like they're using the EFL for financial punishment rules now, so if they go into administration that's another instant -12, which will surely send them straight down. So if you're buying right now, you probably don't want to buy someone who's almost certainly going to end up in the championship. 

 

But if there were people queuing up at the door to buy them, I'm sure they wouldn't be here now. Obviously there'll always be a point where the price is low enough to entice people in, but what that means for the state of their club by then, who knows. 

 

It's a quite unbelievable mess really. 

[No2]

How do they still need to borrow working capital? The case they tried to make was they were complying with League recommendations and cutting costs since Rafa took over. That's clearly not the case*, its enough proof for me that they need more points deducted. 

 

* I assume stadium costs shouldn't be considered normal working capital?

[Bad Red Bull]

Buying Beto and that French kid who never plays for 40million odd is them NOT complying with league regulations.

[Barrington Womble]

57 minutes ago, No2 said:

How do they still need to borrow working capital? The case they tried to make was they were complying with League recommendations and cutting costs since Rafa took over. That's clearly not the case*, its enough proof for me that they need more points deducted. 

 

* I assume stadium costs shouldn't be considered normal working capital?

 

 

I think the stadium and football costs for PSR purposes are two different things. So I think they can still bankrupt themselves, while simultaneously adhering to PSR rules. 

[Captain Turdseye]

 

 

https://josimarfootball.com/2024/03/05/the-3-6-billion-dollar-question/

[Megadrive Man]

13 hours ago, Lee909 said:

Everton's financial future will be put into major doubt by the end of the month if 777 Capital's proposed takeover remains unresolved. (Telegraph - subscription required)

 

The full article,

 

Everton’s financial future will be plunged into major doubt by the end of the month if 777 Capital’s proposed takeover remains unresolved.

Pressure is mounting for the Premier League to finally make a decision on the deal as working capital and new stadium financing is assured only to March 31.

The coming weeks could be among the most consequential in the Merseyside club’s history, with executives also fighting a second alleged spending breach.

A decision on the outcome of the league’s toughened owners’ and directors’ test can be ruled out for at least another week, sources tell Telegraph Sport. More meetings are anticipated between the top tier and the Miami-brd investment firm in the coming days to clarify outstanding questions face to face.

Even if the Premier League board is then satisfied it has received all information, an independent oversight panel of KCs will be called in to review conclusions under the new rules.

The precedent set by Sir Jim Ratcliffe’s 25 per cent purchase of Manchester United have led insiders to conclude that further process alone will take another seven days.

Although Everton’s 10-point deduction was reduced to six last week, the club’s form has dipped worryingly, with defeat against West Ham on the weekend.

An appeal panel reduced Everton’s punishment due to “legal errors” but an accompanying ruling detailed how the club had already committed “over £800 million” to its new Bramley-Moore Dock development.

Telegraph Sport has reported previously how 777 appears unwilling to provide any further loan funding while the takeover saga drags on. The company, one of a growing number of multi-club owner models, agreed to purchase owner Farhad Moshiri’s 94 per cent stake in September. It has since provided Everton with a further £30 million in funding, taking the total loan from the American investment firm to £180 million.

In recent weeks, 777 has moved to reassure its own staff over its finances after the recent departure of Damien Alfalla as chief financial officer.

Co-founders Josh Wander and Steve Pasko wrote in an internal memo: “We are pleased to announce that Brett Kaufman will be stepping into the role of CFO for 777 Partners. We are confident that this change will fortify our future growth and are excited to welcome Brett into the 777 family. We appreciate your continued support and enthusiasm during this transition.”

Everton were hit by claims that the takeover could be put in danger by allegations regarding one of 777s subsidiaries, 777Re, which is a Bermuda-brd reinsurer.

But sources close to 777 insisted the reinsurer has been placed under administrative control as part of a reorganisation of the industry by Bermudan authorities, rather than being placed into administration, and that there are no issues for their funding of the Everton deal as a result.

[Strontium]

The senior debt in the city.

[Anubis]

This meeting with the PL is probably to try and bully them like they did with the Belgians. Can’t see it working.

[Megadrive Man]

They fear for them, they really do.

[Barrington Womble]

49 minutes ago, Captain Turdseye said:

 

 

https://josimarfootball.com/2024/03/05/the-3-6-billion-dollar-question/

The bit about king pulling out of the reinsurance business with them is interesting. I wonder if that is why there's no more money? 

[Captain Turdseye]

Who doesn’t love a leveraged buyout?

[Pete]

Could they actually go bust?