Stuntman_Mike Posted 19 July Share Posted 19 July 2 hours ago, moore_94 said: That is a side that finishes bottom -15 points has never seemed so encouraging. Link to comment Share on other sites More sharing options...
moore_94 Posted 19 July Share Posted 19 July 2 hours ago, moore_94 said: That is a side that finishes bottom *that is a side that finishes 19th as Everton were put into administration and finished bottom 2 Link to comment Share on other sites More sharing options...
filbertway Posted 19 July Share Posted 19 July Adam Lallana being in a best XI for Southampton is not a good sign 1 Link to comment Share on other sites More sharing options...
KFS Posted 19 July Share Posted 19 July 49 minutes ago, StanSP said: Everton's takeover off. Friedkin group have pulled out. Hahahahaha Link to comment Share on other sites More sharing options...
lfu Posted 19 July Share Posted 19 July (edited) 53 minutes ago, StanSP said: Everton's takeover off. Friedkin group have pulled out. Moshiri and 777 have well and truly fuched them Have to feel for their fans tbh Edited 19 July by lfu 1 Link to comment Share on other sites More sharing options...
Super_horns Posted 19 July Share Posted 19 July Sounds like Everton are back to square one then and more uncertainty. Link to comment Share on other sites More sharing options...
Popular Post Foxin_Mad Posted 19 July Popular Post Share Posted 19 July This is why some of our fans need to be careful what they wish for. KP aint perfect but they aint total crooks! Kind proves there isn't a massive number of rich folk out their willing to buy premier league clubs like some believe either! 5 1 Link to comment Share on other sites More sharing options...
Popular Post Miquel The Work Geordie Posted 19 July Popular Post Share Posted 19 July 59 minutes ago, Foxin_Mad said: This is why some of our fans need to be careful what they wish for. KP aint perfect but they aint total crooks! Kind proves there isn't a massive number of rich folk out their willing to buy premier league clubs like some believe either! Ah yeah, because the odd club gets taken over by charlatans we should blindly accept shortcomings of our own ownership, got it! 7 1 1 Link to comment Share on other sites More sharing options...
Jattdogg Posted 19 July Share Posted 19 July 3 hours ago, StanSP said: Everton's takeover off. Friedkin group have pulled out. Always an effective method. 2 Link to comment Share on other sites More sharing options...
Foxin_Mad Posted 19 July Share Posted 19 July 49 minutes ago, Miquel The Work Geordie said: Ah yeah, because the odd club gets taken over by charlatans we should blindly accept shortcomings of our own ownership, got it! Seems more common than not that the 'odd' club gets taken over by charlatans. We don't have to accept the owners but maybe accept that a provincial mediocre club like Leicester City isn't going to be a a shining beacon for international investment, it just isnt. Without KP we would have achieved very little, without them in future we will achieve very little. Thats fine if you are happy to be some Championship beacon of mediocracy, but dont expect more or complain about it if we get it. 3 Link to comment Share on other sites More sharing options...
OntarioFox Posted 19 July Share Posted 19 July I see Enzo Fernandes now has a driving conviction to go with his racism. What an absolute todger he is. Good luck Enzo, you'll need it with that rabble. Link to comment Share on other sites More sharing options...
jammie82uk Posted 19 July Share Posted 19 July 3 hours ago, Super_horns said: Sounds like Everton are back to square one then It’s worse then that now as they owe yet another company money, they already owe £200 million to 777/A-Cap, £200 million to Rights and Media funding and now borrowed £200 million from the Friedkin group to pay off another debt of £158 million to a group of investors and to pay Laing O’Rourke latest bill for the new stadium so they currently owe £600 million to those 3 companies, the new stadium is being used as collateral and they owe £450 million in shareholder loans to Farhad Moshiri 1 1 Link to comment Share on other sites More sharing options...
Phenom Posted 19 July Share Posted 19 July 3 hours ago, Foxin_Mad said: This is why some of our fans need to be careful what they wish for. KP aint perfect but they aint total crooks! Kind proves there isn't a massive number of rich folk out their willing to buy premier league clubs like some believe either! Keep licking that KP boot. 2 1 Link to comment Share on other sites More sharing options...
Corky Posted 19 July Share Posted 19 July 2 hours ago, Foxin_Mad said: Seems more common than not that the 'odd' club gets taken over by charlatans. We don't have to accept the owners but maybe accept that a provincial mediocre club like Leicester City isn't going to be a a shining beacon for international investment, it just isnt. Without KP we would have achieved very little, without them in future we will achieve very little. Thats fine if you are happy to be some Championship beacon of mediocracy, but dont expect more or complain about it if we get it. We could well be heading that way under this ownership. We will achieve little in the future because this regime will take us there. A few years ago we were in a stronger position to attract interest and investment. King Power shouldn't be the be all and end all. 3 Link to comment Share on other sites More sharing options...
Popular Post Foxin_Mad Posted 19 July Popular Post Share Posted 19 July 26 minutes ago, Phenom said: Keep licking that KP boot. You keep dreaming of the imaginary millionaire riding is white horse into Leicestershire. 22 minutes ago, Corky said: We could well be heading that way under this ownership. We will achieve little in the future because this regime will take us there. A few years ago we were in a stronger position to attract interest and investment. King Power shouldn't be the be all and end all. We were in a strong position because of the work they did. Without them I have no doubt we'd be at best like Stoke. No Premier League, no FA Cup, no Champions league and no successive European tours. Im still waiting to see this list of rich owners willing to bank roll a club in the midlands. We are where we are because of some mistakes, maybe they will put them right, but with the way our idiot fans are id piss off leave the club in debt, and get some unscrupulous american, a corrupt bankrupt tosser from somewhere to sell our assets, or a useless local millionaire with no money like we have had in the past. Like it or not this club has very little interest to people outside Leicester before they came in it was bankrupt and in League 1. 5 3 Link to comment Share on other sites More sharing options...
Lambert09 Posted 19 July Share Posted 19 July 4 hours ago, Super_horns said: Sounds like Everton are back to square one then and more uncertainty. They’ll land some american owner soon 1 Link to comment Share on other sites More sharing options...
PhillippaT Posted 19 July Share Posted 19 July 5 hours ago, Jattdogg said: Always an effective method. They came and went pretty quickly... 1 Link to comment Share on other sites More sharing options...
KingsX Posted 20 July Share Posted 20 July An Athletic article today argued that Everton may be unsaleable. The club’s debts exceed its value, and interest is accumulating at over ₤1 million per week. Yet the business being worth less than zero is the good news. Moshiri’s dalliance with 777 has left even stickier wickets. The £200M the club owes 777 was itself lent by parties who have competing claims. 777 secured the loans against assets it did not own, sometimes multiple times. Thus they are in criminal court. Any buyer of EFC faces a legal nightmare to determine who actually holds their IOUs. And who knows how many lawsuits if they pay back the “wrong” party. Given the likelihood of fraud charges against 777 being made to stick, “any self-respecting corporate lawyer would have to warn a client looking at Everton that there may be a potential Proceeds of Crime Act (POCA) issue down the line.” Even if your intention was to sacrifice lots of money in the short run in the hopes of saving the club: would you walk into that? Link to comment Share on other sites More sharing options...
CosbehFox Posted 20 July Share Posted 20 July 1 hour ago, KingsX said: An Athletic article today argued that Everton may be unsaleable. The club’s debts exceed its value, and interest is accumulating at over ₤1 million per week. Yet the business being worth less than zero is the good news. Moshiri’s dalliance with 777 has left even stickier wickets. The £200M the club owes 777 was itself lent by parties who have competing claims. 777 secured the loans against assets it did not own, sometimes multiple times. Thus they are in criminal court. Any buyer of EFC faces a legal nightmare to determine who actually holds their IOUs. And who knows how many lawsuits if they pay back the “wrong” party. Given the likelihood of fraud charges against 777 being made to stick, “any self-respecting corporate lawyer would have to warn a client looking at Everton that there may be a potential Proceeds of Crime Act (POCA) issue down the line.” Even if your intention was to sacrifice lots of money in the short run in the hopes of saving the club: would you walk into that? Yeah I thought that would be the case. Their most recent bidders are more than legitimate but their debt scenario is tragic Link to comment Share on other sites More sharing options...
st albans fox Posted 20 July Share Posted 20 July 2 hours ago, KingsX said: An Athletic article today argued that Everton may be unsaleable. The club’s debts exceed its value, and interest is accumulating at over ₤1 million per week. Yet the business being worth less than zero is the good news. Moshiri’s dalliance with 777 has left even stickier wickets. The £200M the club owes 777 was itself lent by parties who have competing claims. 777 secured the loans against assets it did not own, sometimes multiple times. Thus they are in criminal court. Any buyer of EFC faces a legal nightmare to determine who actually holds their IOUs. And who knows how many lawsuits if they pay back the “wrong” party. Given the likelihood of fraud charges against 777 being made to stick, “any self-respecting corporate lawyer would have to warn a client looking at Everton that there may be a potential Proceeds of Crime Act (POCA) issue down the line.” Even if your intention was to sacrifice lots of money in the short run in the hopes of saving the club: would you walk into that? Depends if you have a few hundred million to gamble on losing some of the national wealth funds out there wouldn’t care too much wouldn’t be surprised to see the stadium pulled from the euro 28 list though - the FA and uefa can’t be sure that in four years time there wouldn’t be an ongoing legal wrangle about ownership. they don’t need to be involved in stuff like that - if United are doing remedial work on OT ahead of 2028 then possible it’s pushed in as a replacement. Link to comment Share on other sites More sharing options...
FLAN Posted 20 July Share Posted 20 July (edited) Any chance today game is shown online somewhere. I’m abroad and thought a small chance I could catch it Edited 20 July by FLAN Link to comment Share on other sites More sharing options...
StanSP Posted 20 July Share Posted 20 July 4 hours ago, KingsX said: An Athletic article today argued that Everton may be unsaleable. The club’s debts exceed its value, and interest is accumulating at over ₤1 million per week. Yet the business being worth less than zero is the good news. Moshiri’s dalliance with 777 has left even stickier wickets. The £200M the club owes 777 was itself lent by parties who have competing claims. 777 secured the loans against assets it did not own, sometimes multiple times. Thus they are in criminal court. Any buyer of EFC faces a legal nightmare to determine who actually holds their IOUs. And who knows how many lawsuits if they pay back the “wrong” party. Given the likelihood of fraud charges against 777 being made to stick, “any self-respecting corporate lawyer would have to warn a client looking at Everton that there may be a potential Proceeds of Crime Act (POCA) issue down the line.” Even if your intention was to sacrifice lots of money in the short run in the hopes of saving the club: would you walk into that? That's mad. And shameful on Everton's behalf. Wonder if the PL will step in? What ramifications are there if the club continues to haemorrhage further into debt like that? Points deductions? Admin? Link to comment Share on other sites More sharing options...
Dandy king Posted 20 July Share Posted 20 July Is there a pre season game today v villa real ? Or have I got confused ? Anyone know any details , whether you can follow it etc. Cheers Link to comment Share on other sites More sharing options...
PhillippaT Posted 20 July Share Posted 20 July 2 minutes ago, Dandy king said: Is there a pre season game today v villa real ? Or have I got confused ? Anyone know any details , whether you can follow it etc. Cheers I noticed it's not mentioned on their website at all - (the pre-season starts with Shrewsbury, there) - so that can't be a good sign... 1 Link to comment Share on other sites More sharing options...
Miquel The Work Geordie Posted 20 July Share Posted 20 July Some Gulf job will buy Everton. Link to comment Share on other sites More sharing options...
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