*Shakes head* Everton again.

[Anubis]

But just think of all the concerts that they’ll put on every weekend.

[Lee909]

BluePaul86

Player Valuation: £8m

Would anyone take Steve Cooper in the summer?

 

 

 

 

Wait till he finds out what academy he used to coach at

 

 

 

 

 

And fucking deluded, this one. Slot,Motta and michel,Yeah they are going to leave a Champions League campign for a year at Everton after a fire sale and Beto up front

 

ForeverEverton said:

The manager market is substantially better than when we hired Dyche, lots of good quality managers out of work...

Joachim Low
Hansi Flick
Antonio Conte
Julen Lopetegui
Jose Mourinho
Jorge Sampaoli

Others worth a mention...
Rudi Garcia
Steve Cooper
Graham Potter
Jesse Marsch
Andre Vilas-Boas
Lucien Favre
Ruud van Nistelrooy
Laurent Blanc
Jurgen Klinsmann
Urs Fischer

 

Teuchel leaves Bayern this summer...
Marcelo Gallardo, could we entice him from Saudi, signed a 1.5 year contract in Nov 23
Kieran McKenna, we could offer him a better chance of him staying in the PL than his newly promoted Ipswich team.
Arne Slot at Feyenoord, could we tempt him to the PL
Francesco Farioli is highly regarded, currently at Nice and already beat PSG at the Parc de Prince
Thiago Motta, currently has Bologna 4th in Serie A, a manager on his way up in the game.
Jagoba Arrasate of Osasuna, currently 9th
Miguel Ángel Sánchez Muñoz, known as Michel of Girona, doing wonders at Girona. Does he want to be in the PL at some stage? We could offer that introduction.
Andoni Iraola, showed us what a competent manager can do. We can give him a bigger club with a potentially a higher ceiling.

I know some of these are fanciful, but if you don`t ask you don`t get, right. If you always go for the crap nobody else wants then you are going to get the likes of the 3 we`ve just had and the type od seasons we have had. Nobody wanted them for a very good reason

[Lee909]

7 hours ago, Anubis said:

Nothing to see here. Just some casual racism from a travel company who run Everton fans to away games and leave from outside the Brick Pub. The pub are trying to disassociate themselves from the travel company, suggesting they aren’t involved with them, but at the same time trying to defend this by saying the guy will have tweeted it out of frustration at people who shouldn’t have tickets (not regular fans) attending aways.

 

 

 

 

 

[Lee909]

4 minutes ago, Anubis said:

But just think of all the concerts that they’ll put on every weekend.

 

Home of the best Doom Metal concert each Saturday at 3pm August through May

[VladimirIlyich]

9 hours ago, manwiththestick said:

I liked them and I will die on that Hillman.

You little Imp you.

[CrownPaints]

40 minutes ago, VladimirIlyich said:

You little Imp you.

Stop with the car puns! You're driving me round the bend!

[Pidge]

What's this I hear about a new buyer?

[redinblack]

12 hours ago, an tha said:

I wanted to throttle someone

People clutching at straws. It's a transmission of negative thoughts. I see the signals, I'm manoeuvring out of this

[Megadrive Man]

42 minutes ago, Pidge said:

What's this I hear about a new buyer?

 

It's April fools day.

[DalyanPete]

ITS GETTING VERY EXCITING FOR THEM. The People's Forum
[ Post a Response | The People's Forum ]

 

 

 

• Just received my shareholder 22/23 accounts

   

  Posted by LancsBlue on March 31, 2024, 6:31 pm

   

  In summary, if you thought we were bad on the pitch, the accounts are even worse. The club is dying through years of mismanagement and the opening page of the statutory accounts is a fawning article about BK. Despite player sales our wage bill has not changed Directors received £2.5m for loss of office Auditors have significant concerns re our future All told, a complete and utter shambles

[skend04]

It all looks a bit like what will happen first, relegation or bankruptcy. 

[Pete]

15 minutes ago, skend04 said:

It all looks a bit like what will happen first, relegation or bankruptcy. 

Both to happen on the same day if that’s possible.  

[Code]

Not heard about this before.

 

 

[Ron B]

5 hours ago, Lee909 said:

BluePaul86

Player Valuation: £8m

Would anyone take Steve Cooper in the summer?

 

 

 

 

Wait till he finds out what academy he used to coach at

 

 

 

 

 

And fucking deluded, this one. Slot,Motta and michel,Yeah they are going to leave a Champions League campign for a year at Everton after a fire sale and Beto up front

 

ForeverEverton said:

The manager market is substantially better than when we hired Dyche, lots of good quality managers out of work...

Joachim Low
Hansi Flick
Antonio Conte
Julen Lopetegui
Jose Mourinho
Jorge Sampaoli

Others worth a mention...
Rudi Garcia
Steve Cooper
Graham Potter
Jesse Marsch
Andre Vilas-Boas
Lucien Favre
Ruud van Nistelrooy
Laurent Blanc
Jurgen Klinsmann
Urs Fischer

 

Teuchel leaves Bayern this summer...
Marcelo Gallardo, could we entice him from Saudi, signed a 1.5 year contract in Nov 23
Kieran McKenna, we could offer him a better chance of him staying in the PL than his newly promoted Ipswich team.
Arne Slot at Feyenoord, could we tempt him to the PL
Francesco Farioli is highly regarded, currently at Nice and already beat PSG at the Parc de Prince
Thiago Motta, currently has Bologna 4th in Serie A, a manager on his way up in the game.
Jagoba Arrasate of Osasuna, currently 9th
Miguel Ángel Sánchez Muñoz, known as Michel of Girona, doing wonders at Girona. Does he want to be in the PL at some stage? We could offer that introduction.
Andoni Iraola, showed us what a competent manager can do. We can give him a bigger club with a potentially a higher ceiling.

I know some of these are fanciful, but if you don`t ask you don`t get, right. If you always go for the crap nobody else wants then you are going to get the likes of the 3 we`ve just had and the type od seasons we have had. Nobody wanted them for a very good reason

“Some of these are fanciful”

 

[Chocoholic]

1 hour ago, Pidge said:

What's this I hear about a new buyer?

 

Just wait until they come round and kick those tyres.

 

 

[Harry Squatter]

Hopefully relegation. They've been circling the drain for years and contribute nothing to the league. 

[Harry Squatter]

39 minutes ago, Code said:

Not heard about this before.

 

 

It's not even a biased Daily Mail article or the Red Echo who published that. It was their Everton reporter at the time Dave Prentice. He now works at the club as director of communications but hasn't communicated a thing since he was appointed. 

[aws]

The Bennies Club. 

[Anubis]

More good 777 news. Life comes at you pretty fast.

 

https://www.ft.com/content/a225cb7d-ccdd-495d-b7f1-a8124129b8bf?accessToken=zwAGFQOgWj7QkdOiJct9zN1JXdO38agSQSm4vw.MEQCID50qtnFn7zzfrqU_B_CluHGuJ0u4WELG6cAikFUFwsxAiAA0iIus5nCNIcZRIZvWJ6x6z-ZLhFc4Dc741-i2EuW4Q&sharetype=gift&token=1f9f46d0-58ae-45e9-a762-1b7bc84c34b1

 

Regulators in the US states of Utah and South Carolina are moving to force five insurers to cut their exposure to the Miami investment firm 777 Partners, according to an official memo seen by the Financial Times.

 

Their demands are intended to protect retirees, widows and orphans relying on annuities and other products from the insurers. They mark the latest fallout from a dealmaking spree in which 777 has bought sports teams around the world and come as it is bidding for English Premier League football club Everton.

 

The five insurers and reinsurers belong to the A-Cap group, and together held $11.5bn of assets at year end. Of this, $2.9bn was invested in entities related to 777, according to a notice to all state insurance regulators on Thursday.

Annuities such as those offered by A-Cap’s insurers are typically backed by low-risk investments in liquid securities, to provide a safe match for their long-term promises and because policyholders are often able to redeem funds, subject to penalties.

 

South Carolina rules limit investments in a single issuer to 3 per cent of assets, and in Utah the cap is 10 per cent.

 

According to figures in the regulatory memo, A-Cap investments in 777-related entities were $1.8bn over the threshold at the end of 2023.

Regulators in those states were working together to issue “supervision orders”, the memo said, under which they can direct an insurer to remedy rule violations. A-Cap can appeal against any such orders and challenge the calculations underpinning them.

 

A person close to A-Cap said partners had already been found to take on its 777 exposure, which it said the memo “grossly overstated”, and it expected a rapid resolution of the process.

A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina. All five were in violation of limits on single-issuer exposure, the memo said. 

 

The potential for forced sales of investments comes as 777 is under heightened scrutiny and faces multiple lawsuits from creditors. 

 

A-Cap said its businesses adhered to “the highest standards of operational and financial responsibility”, that it worked “closely and cooperatively” with regulators and took “every necessary and appropriate action to comply” when issues were identified.

 

“In recent weeks, we have been actively executing a plan to reduce the concentration we have with a particular counterparty — despite the fact that it constitutes a small portion of our total assets under management and far less than has been reported by some. We expect to complete that process imminently, ensuring we remain in compliance with all relevant regulatory guidelines,” it said.

 

The notice to regulators comes five weeks after A-Cap’s chief executive, Kenneth King, announced plans to raise up to $400mn of new capital following a credit rating downgrade by AM Best. The rating agency also downgraded the Bermudian reinsurer 777 Re because of fears about the quality and diversity of investments which A-Cap and other insurers had “ceded” to 777 Re to manage. 

 

Initially, 777 Partners made its money in esoteric corners of finance such as structured settlements. Its bid to buy Everton, the nine-time English champions, from British-Iranian Farhad Moshiri has pulled it into the spotlight, drawing scrutiny from local politicians, journalists, insurance analysts and regulators.

 

The Premier League, which last year strengthened the tests it carries out on club owners and directors, has been assessing 777 since September. A person familiar with the league’s process said 777 must meet “strict conditions” ahead of any approval.

 

In a letter published on Friday, Everton’s chief executive Colin Chong wrote that the process had “taken longer than any of us anticipated” but was “approaching the final stages”.

 

It is unclear how 777 will fund a takeover of Everton if approved, although the firm has provided at least £150mn of loans to the club since September. 

 

In accounts for the year to June 2023 published on Sunday, Everton reported a net loss of £89mn and said its net debt had increased to £330mn from £141mn a year earlier. 

 

Moshiri has been battling to keep funding Everton’s new stadium since the pandemic battered the club’s finances and Russia’s war on Ukraine forced him to cut sponsorship deals with companies associated with former business partner, Uzbekistan-born Russian oligarch Alisher Usmanov.

 

Everton’s accounts warned of a “material uncertainty that may cast significant doubt about the group’s ability to continue as a going concern” but said the board was “confident that funding will be secured or refinanced”. 

A-Cap entities directly funded some of 777’s sports investments, including providing what appears to be $60mn in short-term working capital finance to Nutmeg Acquisition, an entity involved in 777’s football deals. Haymarket also lent $91mn to Jarm Capital, a Delaware company then owned by Josh Wander, co-founder of 777, according to a person familiar with the situation. 

 

Wander declined to comment. 777 said A-Cap was one of a number of lenders to the firm and its portfolio companies, and it remained “confident in its ability to fund both the [Everton] transaction and the Club’s three-year business plan”. 

 

The Utah regulator declined to comment. South Carolina’s regulator did not respond to requests for comment. 

Regulators around the world are putting increasing scrutiny on a shift in the investment strategies of life insurers to target more privately traded, illiquid assets, and in reinsurance structures that shift significant risks to offshore firms.

 

Additional reporting by James Fontanella-Khan and Harriet Clarfelt in New York

[Paulie Dangerously]

The Brick Pub offering People straighteners on twitter 

[AngryOfTuebrook]

16 minutes ago, Anubis said:

More good 777 news. Life comes at you pretty fast.

 

https://www.ft.com/content/a225cb7d-ccdd-495d-b7f1-a8124129b8bf?accessToken=zwAGFQOgWj7QkdOiJct9zN1JXdO38agSQSm4vw.MEQCID50qtnFn7zzfrqU_B_CluHGuJ0u4WELG6cAikFUFwsxAiAA0iIus5nCNIcZRIZvWJ6x6z-ZLhFc4Dc741-i2EuW4Q&sharetype=gift&token=1f9f46d0-58ae-45e9-a762-1b7bc84c34b1

 

 

"Once Everton has touched you..."

[DalyanPete]

3 minutes ago, Paulie Dangerously said:

The Brick Pub offering People straighteners on twitter 

[Bjornebye]

6 hours ago, Anubis said:

But just think of all the concerts that they’ll put on every weekend.

I’ll always remember a thread on GOT asking who they should play for their first game at the new stadium and one cunt replied “Juventus for obvious reasons” as if Juventus give a flying fuck about them especially when they use the death of their fans to point score and try and be relevant. Cunt stadium named after a slave owner. 

[Barrington Womble]

7 hours ago, Lee909 said:

Is it starting to sink in?

 

They seemed to forget its only a extra 15,000 seats they got for the new stadium and they'll never be able to charge London prices for tickets or the fact they chase off non local fans on the whole

 

15,000 extra tickets at £50 a pop for 20 home games a season only generates around 15ml extra in revenue. Whats the interest on the stadium loans likely to be. They are like the idiot i used to work with who took out a mortage for a house he couldn't afford with paperwork from a dodgy Greek finance guy. Then rented the house out for £300 a month less than the mortage

 

9 minutes ago, Paulie Dangerously said:

The Brick Pub offering People straighteners on twitter 

A straightener just 3 blocks from the KFC. 

[Anubis]

At this rate Mancs are the only customers the Brick will have left.