Everton Thread - 2023/24

[bennyboy]

Everton: Potential buyers 777 accused of fraud in court filing

Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.

www.bbc.co.uk

 

[Vienna_70]

Everton: Potential buyers 777 accused of fraud in court filing

Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.

www.bbc.co.uk

Bloody fantastic!

 

[At-Swim-Two-Birds]

Everton: Potential buyers 777 accused of fraud in court filing

Everton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.

www.bbc.co.uk

AM Best rates 777 Re’s financial strength at “C-” which equates to “very weak”. This is the second lowest rating, with the lowest being “D” for “default” (basically bankruptcy). Being so close to default, the business will struggle to win new business as well as raise capital to fund themselves, and so it becomes a vicious cycle. Historically the probability of default is about 50% for entities rated at this level.

777 also own Genoa, Vasco da Gama, Hertha Berlin and Standard Liege. Thank god for FFP.

 

[half & half derby scarf]

Reading between the lines it is much worse than the BBC article suggests. Wander and Pasko will end up doing very long jail terms.

 

[TinFoilHat]

Just what the PL needs.

They'll be lawsuits if they go into administration.

They will try and hold it off until the cut off point for the start of the new season.

 

[KS55]

Someone may pick up Everton cheaply if they can fund the stadium.

 

[At-Swim-Two-Birds]

Reading between the lines it is much worse than the BBC article suggests. Wander and Pasko will end up doing very long jail terms.

Maybe or maybe they will give Joe Lewis a call.

Let's be honest here Moshiri is a front man for one of Putin's closest oligarch's. They are trying to offload to dodgy US PE. Just like Putin did with Chelsea.

 

[Toffeedude]

Who do you want as your manager next season?

No idea mate. I am more worried about the finacial state of the club to be honest. Not sure 777 will be giving us much transfer money if they get to take over us so who would want to manage us?

 

[Toffeedude]

Klopp will be out of work by then

My answer rhymes with Duck Cloth.

 

[TinFoilHat]

Someone may pick up Everton cheaply if they can fund the stadium.

Scruffy Jim likes this...

The scum and dippers in the same city would make Sky jizz themselves.