Topic: Everton - The 777 Unflushables

[Samie]

Then fuckin' say that you bastards. 

If you leave it at "Red Star" people will presume it's the one in Serbia you daft twats.

[Barneylfc∗]

Then fuckin' say that you bastards. 

If you leave it at "Red Star" people will presume it's the one in Serbia you daft twats.

I thought they meant Red Star Belgrade. Didn't even know there was another one.

[owens_2k]

So if 777 cant comply with the conditions set out by the PL, they cant complete the purchase and then Everton owe them all the money they have pumped into the club?

[Peabee]

It's not Red Star Belgrade, it's a French team called Red Star, think they're in the French 3rd tier.

Ah yes, that well known club.

[[new username under construction]]

Ah yes, that well known club.

Exactly, can't believe Samie didn't know that, the melon

[Barneylfc∗]

Deadline has passed to put a 9 point Administration on EFC this season.

If they go into admin, then the 9 points gets deducted next season.

This BBC article states a 9 point deduction would be immediate and makes no reference to there being a deadline for it?

https://www.bbc.co.uk/sport/football/68835735

Entering administration would be the final option when all others are exhausted but would undoubtedly be disastrous for the club.

Sean Dyche's beleaguered side would be hit with an immediate nine-point deduction, at a time when every point is crucial as they attempt to claw themselves to safety.

I'd assume there's no chance of that happening this season though given it finishes in a month.

What would happen if they went into administration on 20th May though? The season finishes on 19th, so in that scenario would it be applied next season?

[12C]

777 are now trying to sell Red Star and Stadard Liege to raise money to buy Everton. They are utterly broke

Football Monopoly

If Everton were a monopoly token, what would they be?

[Samie]

Old Kent Road and then off to jail.

[12C]

The Esk reporting that at the meeting last night Colin Chong basically said they are looking to sell a share of BMD but are hoping to retain control, so 49% for sale then?

https://x.com/theesk/status/1781303793524621644?s=61&t=TdB46k2Kp0sN309SJG9C7g

[Red Beret]

This BBC article states a 9 point deduction would be immediate and makes no reference to there being a deadline for it?

https://www.bbc.co.uk/sport/football/68835735


I'd assume there's no chance of that happening this season though given it finishes in a month.

What would happen if they went into administration on 20th May though? The season finishes on 19th, so in that scenario would it be applied next season?

Presumably, Everton are trying to stave off administration until July 1st, so the current season is definitely closed out. Once again they will piss off the relegated teams.

And if these clubs 777 are suddenly desperate to sell are in a bad state financially, with debts of their own, how much capital can 777 reasonably hope to raise from any sale?

[No666]

The Esk reporting that at the meeting last night Colin Chong basically said they are looking to sell a share of BMD but are hoping to retain control, so 49% for sale then?

https://x.com/theesk/status/1781303793524621644?s=61&t=TdB46k2Kp0sN309SJG9C7g

That would be a pretty dicey investment, given the site-driven need for maintenance and the lack of owners' funds to pay their 51% share.

[only6times]

Thank God me dad was A rabid Red

[disgraced cake]

The Esk reporting that at the meeting last night Colin Chong basically said they are looking to sell a share of BMD but are hoping to retain control, so 49% for sale then?

https://x.com/theesk/status/1781303793524621644?s=61&t=TdB46k2Kp0sN309SJG9C7g

The former directors determined their own pay offs when leaving the club

I'll bet they did 

Moshiri and Kenwright have genuinely destroyed their club

[Lisan Al Gaib]

The Esk reporting that at the meeting last night Colin Chong basically said they are looking to sell a share of BMD but are hoping to retain control, so 49% for sale then?

https://x.com/theesk/status/1781303793524621644?s=61&t=TdB46k2Kp0sN309SJG9C7g

Asset stripping before they've even bought the club is quite impressive!

[4pool]

The independent Appeal Board has confirmed it intends to announce its decision regarding Everton Football Club before the last day of the current season.

This follows Everton appealing the two-point deduction imposed by an independent Commission on the club following its admission of a breach of the Premier League’s Profitability and Sustainability Rules.

The Appeal Board’s intention to make its decision public in advance of Sunday 19 May will provide certainty to all clubs and fans.

If it is necessary, to achieve the intended timings the Appeal Board will publish its written reasons separately, by no later than 1 June 2024, in accordance with the Premier League’s Standard Directions.

No further comment will be made in respect of the case until the Appeal Board’s decision is issued.

[Crosby Nick]

I bet that board is desperate for Everton to be well safe or well adrift by the time of that announcement!

[MrGrumpy]

777 are now trying to sell Red Star and Stadard Liege to raise money to buy Everton. They are utterly broke

The money a loss making Belgian team and a lower league French team would fetch would not be a lot.

[Boaty McBoatface]

Red Star?

RED!!!

777 OUT!!!

[Fromola]

The Esk reporting that at the meeting last night Colin Chong basically said they are looking to sell a share of BMD but are hoping to retain control, so 49% for sale then?

https://x.com/theesk/status/1781303793524621644?s=61&t=TdB46k2Kp0sN309SJG9C7g

A share for what? It's not in a good location. It'll host 20-something poor quality football matches a year (for a failing club) and presumably a few concerts in the summer.

You're stuck with Everton in there on a long term lease . What's the investment? Especially without a majority control of the stadium.

[FiSh77]

Presumably, Everton are trying to stave off administration until July 1st, so the current season is definitely closed out. Once again they will piss off the relegated teams.

And if these clubs 777 are suddenly desperate to sell are in a bad state financially, with debts of their own, how much capital can 777 reasonably hope to raise from any sale?

No idea what Standard Liege's situation is like now but they had to borrow €3m off of Fellaini a fews ago, also Axel Witsel was involved with a company that bought their stadium and rented it back to them

[1892tillforever]

I thought they meant Red Star Belgrade. Didn't even know there was another one.

As if you've never bet on a game featuring the French Red Star 

[Romford_Red]

The independent Appeal Board has confirmed it intends to announce its decision regarding Everton Football Club before the last day of the current season.

This follows Everton appealing the two-point deduction imposed by an independent Commission on the club following its admission of a breach of the Premier League’s Profitability and Sustainability Rules.

The Appeal Board’s intention to make its decision public in advance of Sunday 19 May will provide certainty to all clubs and fans.

If it is necessary, to achieve the intended timings the Appeal Board will publish its written reasons separately, by no later than 1 June 2024, in accordance with the Premier League’s Standard Directions.

No further comment will be made in respect of the case until the Appeal Board’s decision is issued.

In general, can we just fucking change things so that we don't get the penalty until an appeal has been made?
You get a sanction against someone and then sort of have to forget that that is even a thing and then wait again for the actual sanction. It's fucking rubbish.

[Schmidt]

A share for what? It's not in a good location. It'll host 20-something poor quality football matches a year (for a failing club) and presumably a few concerts in the summer.

You're stuck with Everton in there on a long term lease . What's the investment? Especially without a majority control of the stadium.

Maybe the LFC womens team could use it for midweek games, it's not like Everton will be much.

[cptrios]

Red Star is actually a pretty cool club with a good support base. They're one of the two French clubs I have a soft spot for (long story), and I remember the protests against the takeover a few years ago. Except it's only now that I've face-palmingly realized that said takeover was the 777 we've been talking about this whole time. Hopefully they do sell as soon as possible.

You know what else is great? My 'main' French club is ESTAC, because it was my local team for a year. And they, of course, are now owned by fucking Abu Dhabi. I sure can pick 'em.

[disgraced cake]

A share for what? It's not in a good location. It'll host 20-something poor quality football matches a year (for a failing club) and presumably a few concerts in the summer.

You're stuck with Everton in there on a long term lease . What's the investment? Especially without a majority control of the stadium.

I can still see Anfield getting the best concerts. Liverpool have a world class commercial team who'll want to take advantage of the expanded corporate capacity of the ground. Billy Hogan said a while ago too they were trying to get the go ahead for more than six non-sport events per calendar year too. I doubt Everton even have a commercial team judging by how the club is falling apart, they put the one who ran the Everton in the community charity on the actual club board, it truly isn't a modern day football club in any department.

When people from outside the city realise where this stadium is located, and the amenities or lack thereof around it, I think it'll be widely regarded as a joke pretty quickly. Then there's the weather. Even pleasant nights either side of the summer will have the potential to be miserable down there. Then again, if you're going there to watch Everton it'll be pretty miserable anyway.

[Anthony]

When people from outside the city realise where this stadium is located, and the amenities or lack thereof around it, I think it'll be widely regarded as a joke pretty quickly. Then there's the weather. Even pleasant nights either side of the summer will have the potential to be miserable down there. Then again, if you're going there to watch Everton it'll be pretty miserable anyway.

The Poo Fighters (or the Boo Biters)
Noxious Air Supply
Shit 69

[kesey]

It's not Red Star Belgrade, it's a French team called Red Star, think they're in the French 3rd tier.

They are a Parisian team.