*Shakes head* Everton again.

[Red74]

1 hour ago, AHA said:

From that article.  Meanwhile, 777 Partners is understood to have parted company with its UK PR advisers after falling behind on paying its fees.

Dave K - this is why we’re getting negative press 

[Red74]

On 26/04/2024 at 18:49, Harry Squatter said:

 

 

 

[Ron B]

What a two-sentence combo:

When asked on Monday about the firm advising Everton, Daniel Butters, Teneo’s chief executive of financial advisory, said: “We don’t comment on any client situations.” The phone line then went dead.

 

[Lee909]

As soon as they go into administration there will be a load of people interested in them. 

[TD_LFC]

1 minute ago, Lee909 said:

As soon as they go into administration there will be a load of people interested in them. 

 

But if Burnley, Luton, and Forest can pick up a few points and Everton drop a few then Administration brings a 9 point deduction and could relegate them.

[Anubis]

3 hours ago, AHA said:

From that article.  Meanwhile, 777 Partners is understood to have parted company with its UK PR advisers after falling behind on paying its fees.

 

Biggest surprise here is that they've had PR advice!

[Bjornebye]

Have they blamed us yet? 

[DalyanPete]

3 minutes ago, Bjornebye said:

Have they blamed us yet? 

Yea, everyday since 1985

[Creator Supreme]

4 minutes ago, DalyanPete said:

Yea, everyday since 1892

Fixed.

[DalyanPete]

Just now, Creator Supreme said:

Fixed.

And a good fix too.

[Bourbon]

20 minutes ago, Bjornebye said:

Have they blamed us yet? 

As ever, they’ve blamed the reporter.

 

https://members.boardhost.com/everton-forum/msg/1714474268.html
 

Beyond parody now. 

[Lee909]

45 minutes ago, TD_LFC said:

 

But if Burnley, Luton, can pick up a few points

 

 

There's a flaw in that plan

[sir roger]

42 minutes ago, Anubis said:

 

Biggest surprise here is that they've had PR advice!

 

I don't think I have ever seen a positive article on 777, so I wouldn't pay the pr firm in washers.

[Bobby Hundreds]

They'll be bought by someone decent if they go into administration. Better 777 come in and just hollow out their corpse.

[Furmedge]

3 hours ago, Vincent Vega said:

Just seen a blue saying that the administration would have had to happen in March if the points were to come off this season, if it happens beyond the end of March the points deduction applies in the following season.

I read something a couple of weeks back to that understanding.  Apparently, points for administration need to be concluded before the fourth Thursday in March to be counted for the same season.  Anything after is carried over to the following season.  Makes sense actually.

[No2]

I've seen Ipswich, Leicester and Leeds, administration will be need to be 25 points to finally flush these cunts.

[UnwelcomeinPeru]

1 hour ago, Ron B said:

When asked on Monday about the firm advising Everton, Daniel Butters, Teneo’s chief executive of financial advisory, said: “We don’t comment on any client situations.” The phone line then went dead.

 

[TD_LFC]

10 minutes ago, Lee909 said:

 

 

There's a flaw in that plan

 

 

They don't need to pick up many, they just need to shorten the gap between them and Everton to 8.

 

 

[Reckoner]

4 hours ago, Harry Squatter said:

What is the best case scenario here?

 

Do we want 777 to take over as they'll have fuck all money and Everton will just basically stay the same and just grind their fans down with even more misery?.

 

Or do we laugh if they go bust but then someone with some money buys them for a pittance and starts investing proper money in and runs them properly?.

 

They all seem to think that they'd be better off going into administration but then they might not own the stadium. 

This bit is quite an assumption isn’t it? What if someone buys them for a pittance and they’re shit?

[col06]

No one half decent is going to buy them plus don't they need another 150 million to finish the stadium i think most would turn there nose up at that

[AHA]

2 minutes ago, col06 said:

No one half decent is going to buy them there debts are massive plus don't they need another 150 million to finish the stadium anyone decent will be like nah your ok

What I don’t get is that whoever buys them will have to spend £200 million just to cover operating costs from whenever 777 started lending them money. Why would anyone do that? Plus it appears they must be running at a loss of around £20 million a month as that’s what they have to borrow to stay afloat. I can’t see how anyone generates an extra £20 million a month on top of what they currently earn so they’ll just get further into debt.

[manwiththestick]

34 minutes ago, AHA said:

What I don’t get is that whoever buys them will have to spend £200 million just to cover operating costs from whenever 777 started lending them money. Why would anyone do that? Plus it appears they must be running at a loss of around £20 million a month as that’s what they have to borrow to stay afloat. I can’t see how anyone generates an extra £20 million a month on top of what they currently earn so they’ll just get further into debt.

*taps nose, banks of the royal blue Mersey lad, gonna get Real Madrid revenues aren't we?

[an tha]

They won't go down with a 9 pt deduction...much better it is given them next season.

[an tha]

Grab a drink, put your feet up and get ready for a right good laugh....

 

https://www.theguardian.com/football/2024/apr/30/everton-crisis-explained

[dandyman]

2 hours ago, an tha said:

Grab a drink, put your feet up and get ready for a right good laugh....

 

https://www.theguardian.com/football/2024/apr/30/everton-crisis-explained

Currrently receiving insolvency advice???

 

come on now, stop laughing at the back, this is serious