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      The Official: Laugh At Everton Thread

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      AussieRed
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      Re: The Official: Laugh At Everton Thread
      Reply #6647: Apr 16, 2024 07:26:45 am
      I couldn’t agree more. However! I’m more than happy for anyone to lay me opening prices that come on Bet 365 for greyhound’s.

      Keith Singleton
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      Re: The Official: Laugh At Everton Thread
      Reply #6648: Apr 16, 2024 09:50:26 am
      Brian78
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      Re: The Official: Laugh At Everton Thread
      Reply #6649: Apr 25, 2024 04:03:29 pm
      I tell you what, when the buzz dies down for them after last night id be asking 2 questions

      1) why can the team not perform like thst every week

      2) why can the support not be like that every home game

      Jokers raise themselves twice a year as a team and once as supporters....bollox to them
      Longy-Shops
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      Re: The Official: Laugh At Everton Thread
      Reply #6650: Apr 25, 2024 04:09:49 pm
      I tell you what, when the buzz dies down for them after last night id be asking 2 questions

      1) why can the team not perform like thst every week

      2) why can the support not be like that every home game

      Jokers raise themselves twice a year as a team and once as supporters....bollox to them
      In a word: Derby.....and in truth we made them look like a decent side.
      Brian78
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      Re: The Official: Laugh At Everton Thread
      Reply #6651: Apr 25, 2024 04:13:08 pm
      In a word: Derby.....and in truth we made them look like a decent side.

      Cheating each other, cnuts
      The-AllMightyReds
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      Re: The Official: Laugh At Everton Thread
      Reply #6652: Apr 25, 2024 05:01:48 pm
      I tell you what, when the buzz dies down for them after last night id be asking 2 questions

      1) why can the team not perform like thst every week

      2) why can the support not be like that every home game

      Jokers raise themselves twice a year as a team and once as supporters....bollox to them

      Because it's Everton. The only fixture that matters in their calenders is Liverpool home and away.

      They weren't even good yesterday, they scored from a F***ing corner like always and we made a sh*t dinosaur of a keeper look like Buffon.
      Kurt Cocaine
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      Re: The Official: Laugh At Everton Thread
      Reply #6653: Apr 30, 2024 02:22:37 pm
      Everton continue to stare into the abyss - wonder how it all gets resolved? Or does it?

      https://www.theguardian.com/football/2024/apr/30/everton-call-in-insolvency-restructuring-advisers-777-takeover-doubt
      verde-rubro
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      Re: The Official: Laugh At Everton Thread
      Reply #6654: Apr 30, 2024 06:43:26 pm
      Longy-Shops
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      Re: The Official: Laugh At Everton Thread
      Reply #6655: Apr 30, 2024 06:56:08 pm
      Longy-Shops
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      Re: The Official: Laugh At Everton Thread
      Reply #6656: May 05, 2024 02:51:27 pm
      The fact that Everton are still in talks with these 777 Partners shows how broken the club is. Seems 777 are now being accused of fraud. Very suspicious gang of chancers....Everton that is :)
      HUYTON RED
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      Re: The Official: Laugh At Everton Thread
      Reply #6657: May 05, 2024 03:11:16 pm
      The fact that Everton are still in talks with these 777 Partners shows how broken the club is. Seems 777 are now being accused of fraud. Very suspicious gang of chancers....Everton that is :)

      Everton buyer 777 Partners accused of fraud by lender
             



      777 Partners has been accused by one of its lenders of a fraud running into hundreds of millions of dollars, in the latest setback for the Miami-based investment firm’s attempted takeover of Everton Football Club.

      According to the lawsuit, which was filed in a federal court in New York on Friday, 777 owes more than $600mn in debt to London asset manager Leadenhall Capital and Leadenhall Life, a related
      Leadenhall is seeking damages after accusing 777 and co-founder Josh Wander of pledging more than $350mn in assets that “either did not exist, were not actually owned by Wander’s entities, or had already been pledged to another lender”.

      “Wander acknowledged that there had been a ‘screwup’ and [an] ‘embarrassing’ problem caused by 777 Partners’ antiquated computer system,” the complaint said.

      A spokesman for 777 declined to comment.

      The lawsuit raises further questions about 777’s ability to close the Everton deal following months of delays. Wander’s firm has been a pioneer of the so-called multi-club ownership model that has transformed football, buying stakes in a series of football clubs.

       
         Backed by Bermudian reinsurer 777 Re, 777 has acquired a portfolio of football club investments, including Genoa in Italy, Vasco da Gama in Brazil, Hertha Berlin in Germany and Standard Liège in Belgium.

      777 had aimed to complete the acquisition of Everton by the end of last year but it is yet to obtain approval from the Premier League, which has said 777 must meet a series of conditions for the takeover to go ahead.

      The lawsuit portrayed Everton as “the latest shiny object of Wander’s fraudulent scheme”. It alleged that Wander’s strategy has been based on “using debt to acquire new assets that he can then use as collateral for more debt, which he then fails to timely pay off, in a seemingly never-ending cycle of ‘robbing Peter to pay Paul’.”

      Everton has climbed to 15th in the table, 11 points clear of the bottom three, the relegation zone that results in demotion from the top flight. Clubs and their owners dread the prospect of dropping out of the Premier League because it cuts them off from lucrative broadcast revenues.

       
         Everton has built a points cushion at a time when its finances are stretched. The club’s net debt position increased to roughly £330mn at the end of June 2023 from £141mn a year earlier. Net losses widened to £89mn in the year ended June 2023, from £38mn the prior year.

      Everton’s lenders include New York-based MSP Sports Capital, which is part of a group that has provided £158mn of financing for the club’s new stadium in Liverpool. 777 is required to repay this loan as a condition of the takeover. The other major lender is a company called Rights and Media Funding.

      Separately, 777 has provided more than $200mn of loans to Everton since September last year to fund working capital requirements.

      British-Iranian businessman Farhad Moshiri agreed to sell Everton after the club ran into financial difficulties due to heavy spending on players and the new stadium, and hits to revenues from the pandemic and its decision to cut ties to sponsors linked to Uzbek-born oligarch Alisher Usmanov after Russia invaded Ukraine.

       
         But 777, Moshiri’s chosen buyer, has come under scrutiny from regulators, rating agencies and the media. The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns.

      Leadenhall’s complaint alleged that A-Cap was the “Wizard of Oz behind the 777 Partners’ curtain”. Wander allegedly “disclosed on calls” that A-Cap had a first-priority “all asset lien” over 777’s assets.

      “The enterprise is propped up and able to attract new lenders and investors only by the patronage of A-Cap, which pays off the enterprise’s last-minute obligations — including 777 Partners’ own payroll — in ‘Whac-A-Mole’ fashion to keep 777 Partners’ creditors at bay, if only temporarily, and to avoid the entire scheme from being laid bare in public,” the complaint said.


        https://www.ft.com/content/d99f425c-da9d-4860-9a6b-ee65b7424490         
      AussieRed
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      Re: The Official: Laugh At Everton Thread
      Reply #6658: May 13, 2024 03:28:11 am
      AussieRed
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      Re: The Official: Laugh At Everton Thread
      Reply #6659: May 13, 2024 03:29:17 am
      verde-rubro
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      Re: The Official: Laugh At Everton Thread
      Reply #6660: May 18, 2024 11:51:27 am
      AussieRed
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      Re: The Official: Laugh At Everton Thread
      Reply #6661: May 19, 2024 12:33:26 am
      Kurt Cocaine
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      Re: The Official: Laugh At Everton Thread
      Reply #6662: Jun 09, 2024 10:44:40 am
      Flip-flopping from one shiteshow to another....
      What a waste of a good stadium & location (Bramley-Moore Dock)...
      HUYTON RED
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      Re: The Official: Laugh At Everton Thread
      Reply #6663: Jun 09, 2024 01:43:09 pm
      Flip-flopping from one shiteshow to another....
      What a waste of a good stadium & location (Bramley-Moore Dock)...

      Don't know about location, it F***ing stinks around there with a sewage works in close proximity.

      International investors led by London based businessman Vatche Manukian.

      Sounds dodgy as F**k.
      Kurt Cocaine
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      Re: The Official: Laugh At Everton Thread
      Reply #6664: Jun 09, 2024 02:19:07 pm
      Don't know about location, it F***ing stinks around there with a sewage works in close proximity.

      International investors led by London based businessman Vatche Manukian.

      Sounds dodgy as F**k.
      Surely the fragrance of silver wear polish will mask over the stench of the sewerage?
      Oh wait, it's Everton  :lmao:
      HUYTON RED
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      Re: The Official: Laugh At Everton Thread
      Reply #6665: Jun 09, 2024 02:20:35 pm
      Just seen a vid on SSN of Everton PR sh*t for their new ground.

      I'm guessing the fireworks in the back ground are US celebrating 8)
      AussieRed
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      Re: The Official: Laugh At Everton Thread
      Reply #6666: Jun 10, 2024 12:07:25 am
      dunlop liddell shankly
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      Re: The Official: Laugh At Everton Thread
      Reply #6667: Jun 15, 2024 11:31:13 am
      Ex-bitter forward Kevin Campbell has passed away aged just 54.
      waltonl4
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      Re: The Official: Laugh At Everton Thread
      Reply #6668: Jun 15, 2024 11:44:32 am
      Can't wait for first game to be over when there will be chaos pandemonium and grid lock as shoppers and football fans go nowhere fast
      HUYTON RED
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      Re: The Official: Laugh At Everton Thread
      Reply #6669: Jun 30, 2024 11:56:55 am
      Dele Alli leaving on a free.

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