*Shakes head* Everton again.

[Chocoholic]

I've just seen this from today's papers. Despite saying there would be no more monthly payday loans, it appears to be business as usual for the cap-in-hand Bloos and 777, with the total now reaching £200M.

 

This might give some clue to the decision of whether they will be allowed go ahead with the takeover.

 

[Rushies tash]

22 minutes ago, Chocoholic said:

I've just seen this from today's papers. Despite saying there would be no more monthly payday loans, it appears to be business as usual for the cap-in-hand Bloos and 777, with the total now reaching £200M.

 

This might give some clue to the decision of whether they will be allowed go ahead with the takeover.

 

 

I don't understand. If they are a solvent business, why are they having to borrow money?

[Pete]

17 minutes ago, Rushies tash said:

 

I don't understand. If they are a solvent business, why are they having to borrow money?

Because they are lying? 

Hope they go bust. 

[littletedwest]

It's funny because they keep moaning about financial fair play but I'm guessing without it they may now have gone bankrupt already.

 

Their accounts are due on 31st March could be an interesting read.

[an tha]

They are fucked. It is just a matter of time.

[an tha]

The Shites latest three-day hearing was scheduled to run until Wednesday. An outcome and any potential further sanction, including points deductions, is not expected to be announced until next week at the earliest.

[aws]

If 777 are ready to risk even more money, it looks like they’ve had a favourable nod from the powers that be. 

[Captain Turdseye]

47 minutes ago, an tha said:

They are fucked. It is just a matter of time.

[Harry Squatter]

Their status as the senior club in the city looks under threat. 

[Ron B]

1 hour ago, aws said:

If 777 are ready to risk even more money, it looks like they’ve had a favourable nod from the powers that be. 

As I’ve said already, 777 may* have simply handed them a high-interest loan with the intention of never buying the Bloos. 
It’s generally accepted that the loan is all dependent on the takeover going through. If it doesn’t, 777 get their money back - with a big wad of interest. 
They’ve got Everton over a barrel, as the club doesn’t have enough cash to keep going. And 777 have it in their own power to present themselves as failing the Premier League’s takeover rules - they control their own fate. 
777 get their pay day, then Everton suffer a complete meltdown, or an alternative buyer steps in and 777 get their payday. It’s like a leveraged buy-out without needing the hassle of actually buying anything!
 

*All conjecture, but worth a thought!

[Bobby Hundreds]

They've been given chance after chance it was time they were picked up by the back of their undies and thrown into the wilderness. Fucking balls of them to claim hard done by by the powers that be.

[TheBitch]

If there’s a god, they’ll go into administration, plummet through the leagues, end up as a footnote in history, and we’ll never have to play the stupid, toxic cunts again. 

 

[Barrington Womble]

5 hours ago, Redder Lurtz said:

Shirley their deduction has to come today, with it being bank holiday tomorrow? 

The panel has till 8th april to release their findings. 

[Mudface]

1 hour ago, Ron B said:

As I’ve said already, 777 may* have simply handed them a high-interest loan with the intention of never buying the Bloos. 
It’s generally accepted that the loan is all dependent on the takeover going through. If it doesn’t, 777 get their money back - with a big wad of interest. 
They’ve got Everton over a barrel, as the club doesn’t have enough cash to keep going. And 777 have it in their own power to present themselves as failing the Premier League’s takeover rules - they control their own fate. 
777 get their pay day, then Everton suffer a complete meltdown, or an alternative buyer steps in and 777 get their payday. It’s like a leveraged buy-out without needing the hassle of actually buying anything!
 

*All conjecture, but worth a thought!

 

It's a nice thought, but unlikely. If they go into administration, there's a good chance 777 won't get their money back, never mind the interest. 

[Lee909]

3 minutes ago, Mudface said:

 

It's a nice thought, but unlikely. If they go into administration, there's a good chance 777 won't get their money back, never mind the interest. 

 

Wouldn't they be able to take control of the stadium. Surely any assets would have to be sold to pay back creditors, so the stadium could be used as a way to pay them and others back. Also fire sale of Braithwaite,Pickford and Onana

[TheHowieLama]

The stadium becomes a liability on anyones books until it is finished. Who is the tenant if they go bust?

[Mudface]

1 minute ago, Lee909 said:

 

Wouldn't they be able to take control of the stadium. Surely any assets would have to be sold to pay back creditors, so the stadium could be used as a way to pay them and others back. Also fire sale of Braithwaite,Pickford and Onana

 

Dunno, they'd have to pay to finish it first though, wouldn't they? Someone better at finance (ie just about anyone) would know better.

[Barrington Womble]

3 minutes ago, Lee909 said:

 

Wouldn't they be able to take control of the stadium. Surely any assets would have to be sold to pay back creditors, so the stadium could be used as a way to pay them and others back. Also fire sale of Braithwaite,Pickford and Onana

They're behind MSP and Imagine media rights in the queue for money. 

[AngryOfTuebrook]

1 hour ago, TheHowieLama said:

The stadium becomes a liability on anyones books until it is finished. Who is the tenant if they go bust?

The Purps could do with a place of their own.

https://www.cityofliverpoolfc.co.uk/news/club-statement-groundshare/

 

[Creator Supreme]

1 hour ago, TheHowieLama said:

The stadium becomes a liability on anyones books until it is finished. Who is the tenant if they go bust?

If they go bust that stadium is the biggest fucking white elephant on the planet.

 

There is literally nobody else who would take it. Not us, not Tranmere, none of the local rugby clubs.

 

It would pretty much sit there rotting. Stupidest fucking project ever.

[Barrington Womble]

48 minutes ago, Creator Supreme said:

If they go bust that stadium is the biggest fucking white elephant on the planet.

 

There is literally nobody else who would take it. Not us, not Tranmere, none of the local rugby clubs.

 

It would pretty much sit there rotting. Stupidest fucking project ever.

The stadium is why they won't go bust. If it gets that bad, they'll go into administration, they'll come out the other side with less debt and renting the stadium off someone else. 

[Sut]

20 minutes ago, Barrington Womble said:

The stadium is why they won't go bust. If it gets that bad, they'll go into administration, they'll come out the other side with less debt and renting the stadium off someone else. 

That'll be the council picking it up, then.

[Lee909]

24 minutes ago, Barrington Womble said:

The stadium is why they won't go bust. If it gets that bad, they'll go into administration, they'll come out the other side with less debt and renting the stadium off someone else. 

 

FSG should buy it on the cheap and play the woman and kids games there. And let Everton rent it to top up our transfer budget

[Barrington Womble]

3 minutes ago, Sut said:

That'll be the council picking it up, then.

Nah, there's money to be made off that if you've got a sitting tenant. Someone will pick up a brand new 750m stadium for probably a third or half of that. 

[Captain Turdseye]

2 hours ago, Barrington Womble said:

The panel has till 8th april to release their findings. 

The day after we play United. Perfect day to release the news when everyone else will be talking about the game. Fucking Sly Six corrupt cunts taking all the attention away from the Ev and their fight against the powers that be.