777 Partners' £600m deal for Everton not imminent

17/05/2023 87comments  |  Jump to last

Updated Reports that Farhad Moshiri is close to securing a deal worth approximately £600m with Miami-based investment firm 777 Partners to buy out his 94% stake in Everton have been played down.

In an "exclusive", journalist Mike Keegan of Mail Sport claimed that the takeover could be completed as early as next week which would bring to an end Moshiri's seven-year association with the club but both Sky Sports correspondent Alan Myers and Shamoon Hafez of the BBC indicate that it's unlikey any sale will happen before June.

Keegan understands that 777 Partners, who already have interests in Sevilla, Genoa, Vasco de Gama in Brazil, Standard Liege, Red Star in France and Hertha Berlin in Germany, as well as UK basketball league, the BBL Championship, are the preferred bidder for Moshiri's shares and are keen on a quick sale pending a Premier League guarantee.

777 Partners were also reported to have held talks with Newcastle United in March regarding potential investment into the Saudi-owned club but those negotiations did not get past the exploratory phase. 

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MSP Capital are also said to retain an interest in investing in Everton (and have since been claimed by Keegan to be the new front-runner) but are thought to prefer an initial purchase of preferential shares AT around £105m that would value the club closer to £400m. Myers says that, contrary to the Mail's assertion, Moshiri has yet to make a decision, preferring to focus on the run-in to the season.

777 Partners' model is to inject capital into businesses and provide commercial, digital and content expertise in order to stimulate growth. It is unclear how they would seek to leverage that expertise at Everton but any investment is expected to provide further funding for the new stadium at Bramley-Moore Dock.

The Mail's report comes in the wake of a suggestion by Paul the Esk that Moshiri was getting close to agreeing a deal to sell Everton and that 777 Partners were the most likely buyer. 


Reader Comments (87)

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Victor Yu
1 Posted 17/05/2023 at 23:32:11
I hope Kenwright is finally out.
Kieran Kinsella
2 Posted 17/05/2023 at 23:40:24
This story is the new “stadium update.” Every time there's a quiet news day, the takeover is closer.

Funny The Mail report this while also saying we will be sued for £300 million. How do 777 Partners feel about that?

Not to mention why would they buy the club just a few days before it potentially gets relegated?

Graham Rathbone
3 Posted 17/05/2023 at 23:42:08
We need to press the reset button, whatever league we are in next season, and this may be that chance. A full clear out of this present shambles of a board is required now!

I'm not sure if this is a good thing or not but we need people who know what they are doing and Kenwright and Co do not. So hopefully this happens.

What could possibly go wrong?

Rich Pembo
4 Posted 18/05/2023 at 00:13:45
Whatever league we end up in, the most important thing is that we stay solvent and retain the completed stadium.

The nightmare is relegation… insolvency… points deduction… more relegation … forced sale of half-finished stadium to local rivals.

The immediate ambition is to stay in the Premier League, find some stability, evolve the board, complete the stadium. Then try and build steadily towards something better.

The status quo in ownership and board is not acceptable.

Kevin Molloy
5 Posted 18/05/2023 at 00:18:49
You can see why Farhad has made such an impression during his endless ownership. He's building a stadium costing £750M having sunk £400M into transfers, now set to sell the club for £600M? Bravo sir.
Don Alexander
6 Posted 18/05/2023 at 01:00:09
Although Mr Kenrick challenges the Esk's input regularly (always for alleged want of proof, whatever that means in terms of unscrupulous international money management of someone else's money – that being Moshiri's one talent) I find the Esk's itemised critiques insightful.

777 Partners are seemingly nowhere near wealthy enough to propel us to the top seven places (and that was Moshiri's 3-year project 7 years ago, remember?) any time for seasons to come, entirely because of Moshiri and the board he appointed.

If anyone of us can argue a different opinion based on more than the ephemeral hope every fan of every club holds dear, please let me know.

Ernie Baywood
7 Posted 18/05/2023 at 01:04:43
Can any owner propel us into the Top 7 places?

We need to be sustainable, don't we? Maybe an organisation that specialises in football club management might be our best shot?

Obviously far more questions than answers.

Ernie Baywood
8 Posted 18/05/2023 at 01:08:33
Kieran #2,

It looks like they get a club that is in turmoil with an owner and board who can't go near the club... with a deal that is called off in the event we get relegated.

There wouldn't be a better time to buy Everton.

If we stay up, there might be rival bidders. If we go down, we're instantly worth less. 777 Partners seem to see an opportunity.

Kieran Kinsella
9 Posted 18/05/2023 at 01:35:52

Maybe you're right. I just feel like this is a repeat of the Fortress Sports Fund takeover that seemed to go on forever even when Kenwright said “the cheque is in the mail” but never happened.


They may not be rich enough but are they smart enough to turn us around then sell us on to someone who can take us to the next level? Right now, a relative pauper, Steve Parrish is running rings around us at a dilapidated Selhurst Park.

If they sorted out our finances and got us to mid-table, that sadly would be a huge improvement.

Steve Brown
10 Posted 18/05/2023 at 04:26:49
They will take a minority share if anything.

Moshiri won't sell until the stadium is completed. That is when he will have a better chance of achieving a return on his investment – under-valued Premier League club, new stadium, manageable level of debt.

Provided we are not relegated!

Bobby Mallon
11 Posted 18/05/2023 at 06:15:35
Rich Pembo, that stadium is not going to the Red Shite and we as a club are not going out of business. Never, we are not that fucking bad.

If I had the money, Everton would defo be on my list to buy. Because the Premier League and that stadium and where it's situated are cash cows if used properly.

Ian Jones
12 Posted 18/05/2023 at 06:49:51
So, perhaps we should look to be part of the Top 8 clubs grouping. Used to be the Big 4, Big 5, Super 6, now it's up to 7.

What number will it become soon?

Paul Hewitt
13 Posted 18/05/2023 at 07:05:07
Don @6.

I think just having some sort of plan would do.

Colin Glassar
14 Posted 18/05/2023 at 07:12:41
I don't care (honestly) who buys Moshiri's shares as long as the lot of them (Moshiri and his board) are banished from Goodison forever.
Billy Roberts
15 Posted 18/05/2023 at 07:19:27
I agree with Bobby @11,

This club managed by people with football brains (not this board) could become relevant again. Look at what Brighton, Brentford and Fulham are currently doing?

Surely there is talent across Europe who would love to be given a chance of breathing life into Everton.

Saying the stadium is or could be sold to Liverpool FC is hysterical nonsense, it's only 52,888 capacity.

When you look at the current auction going on at Man Utd for £5-6 billion, you can't say it is beyond logic to suggest the failed bidders wouldn't turn their sights to us and the fantastic new stadium for 1/5th of the price and think "Fuck, yes, we can do something here!"

Just like they did at the unfashionable Man City not that long ago, it makes you wince to think that could have been Everton but maybe the chance may come again.

Danny O’Neill
16 Posted 18/05/2023 at 07:34:34
I thought Moshiri was seeking investment, but if this is to be believed, he is selling.

If we remain in the Premier League, with that stadium rising on the Mersey, we are a very attractive proposition for potential investors.

Where is this talk of Liverpool taking the new stadium at Bramley-Moore Dock coming from? They built a big stand and I walked past their loft conversion on Sunday. They have poured millions investing in converting that shoebox of a stadium. Extended shoenbox now.

The change we all want is looking likely. We will be in the new stadium at Bramley-Moore Dock. Proud, but with a tear in our eye as we leave the Grand Old Lady for the last time.

No one is investing without the new stadium on the table. Change is coming by the sounds of it. Be positive.

Marc Hints
17 Posted 18/05/2023 at 07:42:01

Be careful what you wish for there, Colin!

Colin Glassar
18 Posted 18/05/2023 at 07:51:28
Marc, even the Venkys, Ashley, Hicks and Gillette etc…. would be better custodians than this shower.

I know what you mean though.

Tony Abrahams
19 Posted 18/05/2023 at 07:52:43
The Fortress Sports Fund money only went on forever if you was gullible imo, Kieran, but this is different, and I personally think Moshiri who has had his tap turned off can't wait to get away from Everton for a whole host of different reasons.

The man who kept on giving will lose millions but you can't take it with you, Farhad, especially if it gets frozen – whilst the man who played thousands and made millions has paid a massive price with his Everton legacy now having been torn into absolute shreds.

Derek Thomas
20 Posted 18/05/2023 at 07:58:31
Initially, I hope so for both our sakes... unless he's left a shit load of debt that is and not got the Razzle (in the shape of the new stadium) in his pocket as the second prize.
Jerome Shields
21 Posted 18/05/2023 at 08:11:59
The club is not sold until the contract is signed, especially with a story originating from the highly speculative Mail.

Any such sale would have to consist of a complete overhaul of the running of the club and complete replacement of the management with appropriate expertise.

Tony Everan
22 Posted 18/05/2023 at 08:15:04
I can't see anything concrete happening until investors know which league we're playing in. Once that is confirmed, then 777 Partners and MSP Capital will both reveal their hand.

Just possible one or two other investors may step in when they know we are confirmed as a Premier League club next season. The situation will become clearer in a couple of weeks.

Mark Ryan
23 Posted 18/05/2023 at 08:16:08
Moshiri jumping ship before the sanction comes might just work in our favour. 777 Partners say, "Nothing to do with us, you can't sanction us."

It's probably more complex than that obviously but honestly, if this means Kenwright's fresco quote being taken off the wall in Finch Farm and his brass nameplate taken off the office door forever, then I'd be very happy.

Mal van Schaick
24 Posted 18/05/2023 at 08:18:06
Do any of these money-obsessed business people care about the tradition of our great club or our fanbase?

Everton is becoming a soulless club (fans aside), where those on the board have detached themselves from the reality and passion of those who do care, ie, the fans.

By all means Moshiri, you and the other board members are free to flee our sinking club, but don't leave the club by selling out to others who don't care. You should have consulted the fans, but the owner and the board are just driven by greed. Shame on the lot of you!

Paul Hewitt
28 Posted 18/05/2023 at 08:31:30
If this is true and we get new owners and a new board, then I don't fear relegation as much.
Jim Lloyd
29 Posted 18/05/2023 at 08:32:26
I think Moshiri'll have enough to tootle around the Med and enjoy his hard-earned pension, Tony!

I remember him coming into the club and saying we had a short window to break into the Top 6. The trouble was, he left Kenwright as Chairman. That was his big mistake. He poured enough money into the club for us to challenge for European places but I don't think he had a clue about football, so it was wasted, pissed into the wind!

Remembering this is the Mail who's reporting that 777 Partners are taking over EFC maybe next week, depending on certain conditions. I would have thought that the price paid for EFC would depend on whether we stay up or not.

But that's not our concern. Our hope is that 777 Partners, or whoever, buys our club and starts the job of rebuilding it into something beginning to resemble the great club we were. After the ruins left by the present Chairman and board, that's going to be some job!

Thinking last season and the season before were a bit of a helter-skelter ride… this season?

Well so much depends on our last two games (yet again!) but moreso I think, because of the enquiry into the Board's handling of our finances and (hopefully) this takeover. If we drop, will 777 Partners still be involved? I bloody well hope so because, wherever we end up, we need a new start. Our club doesn't deserve to have this bunch of incompetents involved any longer.

What an awful day when Kenwright took over the reins and promptly guided us downhill.

Jerome Shields
30 Posted 18/05/2023 at 08:33:31
Pau l#28,

Getting relegated is not part of the equation yet.

Pete Neilson
31 Posted 18/05/2023 at 08:33:35
Relegation-threatened but a victory giving renewed hope, a financial mess, players with no value and under the threat of sanctions by their league. Sounds familiar but it's Hertha Berlin.

Hertha Berlin: 777 Partners Deal Under Deutsche Fußball Liga Scrutiny?

777 Partners will have their work cut out.

Jim Lloyd
32 Posted 18/05/2023 at 08:55:57
Mal, I wouldn't call it a souless club. It will never be that as long as we support them. Even the chairman, in his own perverted way, is a Blue, but I'll be glad when his influence is just a bad memory.

But all the Evertonians since we were St Domingo's have built a tradition that will never be souless and, all being well, we can take our tradition to our new home. The one that an American Blue designed.

Hopefully, it's that last we've seen of this current board, but I suppose it's best not to count our chickens just yet!

Michael Lynch
33 Posted 18/05/2023 at 08:57:20
Obviously, this is the Daily Mail, so the BS detector needs to be set to Max

Having said that, it's interesting that – although the "newspaper" claims 777 Partners want some sort of "Premier League guarantee" in the deal, most of the clubs in which they've invested have since been promoted from lower leagues.

Vasco in Brazil, a sleeping giant, promoted back to the top flight.
Genoa promoted back to Serie A at the first attempt after relegation.
Red Star two points off promotion to the French second division.
Their latest acquisition, Hertha Berlin, look like going down this season, so it does appear they're not scared of relegation.

If anything, their speciality appears to be investing in struggling clubs where they see an opportunity to increase value in the long run.

My only doubt is that one of the Managing Partners, Josh Wander, insists on doing that American owner thing of wearing a fucking baseball cap with his "smart casual" clothes at the game to show he's a man of the people and not just a money man. Dickhead.

Marc Hints
34 Posted 18/05/2023 at 09:23:30

Yes, I know what you mean though, just be great to get rid of the existing lot.

Joe McMahon
35 Posted 18/05/2023 at 09:34:10
Marc, Colin – exactly. A proper experienced board including a proven CEO, the existing lot must surely be given the boot, including Sharp.

As a side note, I see Denise Barrett-Baxendale's search for a new job doesn't seem to be going very well… pathetic the lot of them!

Alec Gaston
36 Posted 18/05/2023 at 09:34:43
33 Michael – Dickhead yes. But at least he attends.

It is becoming increasingly more obvious that Moshiri was only fronting Usmanov's money.

Peter Mills
37 Posted 18/05/2023 at 09:35:28
Of course the whole story could be a tale set up by directors of our club in an attempt to dampen supporters' end-of-season ire:- “Calm down, you lot, we're on our way”.

Surely nobody in power at Everton would have the audacity to do such a thing?

John Pickles
38 Posted 18/05/2023 at 09:44:04
This is just a crafty way of getting out of Standard Liege paying us the Isaac Price compensation money!
Brian Harrison
39 Posted 18/05/2023 at 09:55:07
We have heard for quite a while that Moshiri has been close to doing a deal with MSP Capital or 777 Partners. With our Premier League status still not guaranteed, I would be surprised if any deal was concluded before that has been decided.

I have always thought that Moshiri was only the front man for his boss, and since Usmanov was sanctioned, it was obvious that he would have instructed Moshiri to push on for a sale, and at least recoup something from this situation.

As Danny said in post 16, this is the least of our worries at present, as we have our Premier League survival to worry about. Dyche usually does his press conferences on a Thursday and we will all be paying great attention to his answer to the first question of that presser. Which will be about the fitness of Dominic Calvert-Lewin.

Strange: for the past 7 or 8 weeks, pictures of the players training have been released by the club; this week, nothing. I'm hoping that's not an indication that Calvert-Lewin hasn't trained.

Brent Stephens
40 Posted 18/05/2023 at 10:03:02
There just seems too much uncertainty about our current / imminent position (relegation, sanctions) to tempt anybody to invest yet. Why would you risk it?
Paul Hewitt
41 Posted 18/05/2023 at 10:03:44
Alan Myers saying it's not a done deal.

Just report something when it's sold.

Pat Kelly
42 Posted 18/05/2023 at 10:50:28
If we stay up – we'll know in a couple of weeks.

If we don't get a massive points deduction for next season or other serious restrictions.

If we don't get successfully sued by Leeds, Leicester, etc.

If new owners are given a clean slate by the Premier League.

There's a lot of baggage to be unpacked before we're going anywhere.

Ray Morgan
43 Posted 18/05/2023 at 10:58:52
I do not understand all the hostility towards Mr Moshiri. He has backed the club with millions and millions of pounds over the time he has been here.

Too me, he is a brilliant owner.

James Marshall
44 Posted 18/05/2023 at 11:03:19
Moshiri isn't the problem in isolation – the problems stem from further within (Kenwright) and further outside the club (Russia invading Ukraine; Usmanov sanctions).

So basically it comes down to Kenwright and Putin. Now I'm not comparing Chairman Bill to Comrade Vladimir, but...

Craig Walker
45 Posted 18/05/2023 at 11:07:30
How to make a small fortune: Start with a large fortune and buy Everton.

You can't fault Moshiri's generosity, but, his lack of acumen at running a football club is unbelievable. How much money will he have spent sacking managers and their staff?

We cried out for a billionaire and we got the one billionaire who was hopeless.

It's a case of being careful what you wish for, sometimes.

I hope, if this story is true, that the new investors appoint business and football savvy people and don't conduct their communications via Jim White.

Raymond Fox
46 Posted 18/05/2023 at 11:10:48
If Moshiri offers the club at an attractive enough price, someone will bite. Everything has its price, whatever condition it's in.

Moshiri and the board will want out, they surely understand that their time is up.

The underlying problem for us is that the top of the Premier League is as it stands is out of our reach, because the rules now give 5 or 6 clubs unfair advantage. Until things change we will always banging our heads against the wall.

Paul Hewitt
47 Posted 18/05/2023 at 11:18:12
Ray @43. What's your definition of a crap owner then?
Finn Taylor
48 Posted 18/05/2023 at 11:32:04
Moshiri has never had Man City money - so I was never sure where the expectation came from we'd be signing the Mbappes of this world.

The Russian fella has, but he is not involved, is he? And won't be now.

The recruitment has been a total disaster. People say "We never replaced Lukaku" – which is correct. But frankly, we can't attract players of that quality... which comes back to Moshiri not really having the type of finances that are needed to get up there now. That's just how insanely rotten the Premier League has become.

Barry Rathbone
49 Posted 18/05/2023 at 11:43:28
From the frying pan to the fire.

If we survive and these relative paupers take over, the honeymoon period of ousting Kenwright & Co will last 6 months before people realise little to no dough means nothing of note changes.

The Hicks and Gilette rumpus will have nothing on this cabal of mediocre sports club collectors being held to account.

Andy Crooks
50 Posted 18/05/2023 at 11:45:09
If Farhad Moshiri had appointed a competent chairman and board, we would be in a good position, because he has invested heavily.

Unfortunately, he would not have been sold the club had he had any such plan.

He handed his money to self-serving, incompetent, deceitful fools.

Ernie Baywood
51 Posted 18/05/2023 at 11:55:54
I still can't decide whether we would have been better without Moshiri, or if that massive investment was what kept us afloat and alive in the Premier League for another few years.

I do know, though, that I'd rather have a football club that can sustain itself and operate with some competitiveness at the level it competes at, without needing the pipe dream of an affluent owner who can bend the rules.

I'd prefer that to happen in the Premier League. Actually, if we're preferring things, I'd like it to be in the Champions League. But I'll support Everton no matter what league they're in.

Just surviving is getting pretty depressing.

Dave Abrahams
52 Posted 18/05/2023 at 12:16:42
I'm with Danny (16) on this. The club has a few problems – let's get the first one out of the way, staying in the Premier League. Then we can try and deal with the other problems as they come up.
Marc Hints
53 Posted 18/05/2023 at 12:24:14
Well Alan Myers reporting talks are ongoing with numbers of investors and a decision won't be until around June.
Christopher Timmins
54 Posted 18/05/2023 at 13:15:22
Another day, another piece of speculation. The only thing that matters at the moment is avoiding the drop.

Ray Morgan
55 Posted 18/05/2023 at 13:17:29
Paul @47:

Someone like the Glazers. Man Utd have propped-up his other investments over the years, so I have been informed by their supporters.

Duncan McDine
56 Posted 18/05/2023 at 13:50:55
Andy (50) - you're right.

But you should've also mentioned that Moshiri should never have got involved in selecting certain players to buy… he knows even less about football than Kenwright.

The pair of them (almost certainly together with the ‘sanctioned one') are behind this mess of a club. Whoever takes over must surely be an improvement.

Brent Stephens
57 Posted 18/05/2023 at 14:03:01
Paul #47, I'm not saying Moshiri is a wise man but he's put money into the club, as I understand it.

As I understand it, the Glazers have not done that, and have done nothing but borrow money to buy Man Utd, then leave the debt from that loan on the shoulders of Man Utd (not the Glazers), and have taken dividends from the club year on year.

As I understand it, they can sell the club, walk away without having to repay that initial loan (as that's now down to the club, whoever buys it), and a tidy sum pocketed.

Dale Self
58 Posted 18/05/2023 at 14:06:01
Ooh it’s all very exciting. Oh wait, none of these guys are cryptowarriors right ?
Kieran Kinsella
59 Posted 18/05/2023 at 14:15:31

Jonjo Kenny must feel right at home in the shambles at Hertha Berlin

Stephen Davies
60 Posted 18/05/2023 at 14:16:50
Reports this week suggested Hertha receiving their operating licence from the DFL for 2023-24 was no fait accompli, with a high-interest €40m bond issued in 2018 due to be repaid in autumn. Werner Gegenbauer, their previous president, talked about the urgency of repaying it as early as 2020 but it never happened. New investor 777 Partners may need to step in with another hefty sum to calm the waters, though what that would mean for the club’s sporting future is another question.
Michael Kenrick
61 Posted 18/05/2023 at 14:22:39
It is interesting to compare the reception given this story with that provided for its predecessors from the same source.

But then it's promising something we are all supposed to want – the sale of the club, and the departure of Moshiri (and hopefully Kenwright and the rest of the Board). Not hundreds of millions in damages paid to our fellow strugglers.

That might be a sounder rationale for fact-checking than merely ticking The Esk Box and seeing this in line with current wishful thinking, as some are suggesting.

Is Moshiri really under huge pressure to sell the whole shooting match for a drastically knocked-down price that goes nowhere near to approaching the vast investment he has made in the club and its new ground?

There is precedent for it, I suppose. A generation ago now, Kenwright spent ages beating down Peter Johnson from a high ask of £140M to buying the club off him for a paltry £20M. That valued the club at around £30M by my calculations.

The Esk has told us that anyone paying over £250M at the current time is being taken to the cleaners. I think even £600M is grossly undervaluing the club, potential relegation notwithstanding. Why would Moshiri not hang on until the stadium is completed?

Well, it seems the financing of the stadium is the reason. Maybe Moshiri cannot continue to fund the construction? Although he has always maintained that he can.

But if the tap really has been turned off, then I can see that he cannot risk stopping work on the new stadium, and that potential investors have a strong hand to push for a larger stake in the club – potentially up to all of his 94% stake, if they can convince him this is the only way the stadium can be funded to completion.

That would still leave me wondering how he could walk away from such an investment. Unless, as seems to be the case from his lackadaisical oversight, it's been just cheap money to throw around and see if something comes of it in terms of the team. The hundreds of millions in annual losses on top of the investment shortfall (I'm sure Paul the Esk will tell me if that's double-accounting)... makes you wonder if we have all been party to a massive money-laundering scheme.

Duncan McDine
62 Posted 18/05/2023 at 14:35:33
I suggested the same thing MK (Los Pollos laundromat) but my comment mysteriously disappeared off TW.
Daniel A Johnson
63 Posted 18/05/2023 at 14:35:38
Let's all focus on the next two matches.

To coin a Dyche phrase, let's save the "noise" for the summer as it's going to be defeaning.

Michael Kenrick
64 Posted 18/05/2023 at 15:14:02

Sorry, I don't remember seeing that one. And looking back through the message log, I can't see one from you that fits that description.

I've found it's all too easy to write a comment and then switch pages, perhaps to check something, then get distracted (can I identify as ADHD impaired this week?) and find that it's just disappeared. Very annoying it is!

Kieran Kinsella
65 Posted 18/05/2023 at 15:29:33
I always wondered what an Esk was but found it on urban dictionary:

"It's a lifestyle lived by someone. It basically means anything can come out of your mouth at any given time no matter who's around or what the situation is."

John Otway
66 Posted 18/05/2023 at 15:39:37
So Kieran #65. Basically Peter Griffin!
Ed Prytherch
67 Posted 18/05/2023 at 15:44:26
If you start with £1 billion in dirty money that you cannot legally spend and you end up with £200k clean, then maybe it is not such a bad deal.
Jim Potter
68 Posted 18/05/2023 at 16:23:23
The only advantage to buying a club on the verge of relegation and one that potentially faces future financial and points deduction penalties, is that it's going to be at a bargain price.

I cannot see any purchase going ahead until the season is concluded.

Then, if safe, if someone does go on to buy us, surely it'll be a positive sign that their due diligence checks would have shown we have not breached any Premier League rules?

Whoever does buy hopefully also has a bag full of common sense, a long-term business plan, and leaves the footballing side of things to those with the expertise.

Moshiri seemingly kept poking his nose into the footballing side and we turned into a chaotic shambles. Being a billionaire accountant, you'd have thought he could have at least got the money side right. Mmm…?

Alan J Thompson
69 Posted 18/05/2023 at 16:47:38
I assume that this talk is about buying both the club and the new stadium or are they separate entities?

My next question which might sound daft is are they buying to make money out of it as nobody seems to be speaking about anything altruistic, or for that matter anything at all.

And I suppose that Goodison and the land it stands on is part of the deal.

Scott Montgomery
70 Posted 18/05/2023 at 17:34:10
A takeover by a group with previous football management, who can potentially funnel quality young players from their other European interests to a club that, if made successful, plays in the world's most lucrative cash-cow league?

I'd take it.

David Israel
71 Posted 18/05/2023 at 17:53:31
Whether we stay up or go down, it's heartening that, apparently, some serious money is keen on investing here.

Eddie, #15, I would prefer R Atckiffe, too. There are too many Jeremiahs on here.

Jerome Shields
72 Posted 18/05/2023 at 18:35:05
Micheal #61,

That is a good point. The value of the money may not be as appears. It all depends on the value the money had at source...

Moshiri is not a manager of a business, he is someone who moves money offshore and puts investment packages together. Even his approach to a potential investor seems based on that.

If Everton survive the relegation battle, I don't expect the Independent Commission to be as hard as expected.I t is down to how hard can they actually be with a recognised Premier League brand, a multimillion-pound stadium in the offing and other Premier League cubs that are not far behind Everton financially.

There is not a whimper of evidence that Moshiri is anything other than he is a billionaire who keeps giving.

Bobby Mallon
76 Posted 18/05/2023 at 19:25:03
Barry Rathbone,

It may be nice to have owners who spend within our means. It's about time we as fans realise we are just another Premier League team.

We need to start putting all our energy into winning a cup and not worry about finishing below 10th. I would love us to win a domestic trophy.

Clive Rogers
77 Posted 18/05/2023 at 19:35:56
I will be expecting a complete disaster if this lot take over. Their only interest is in making money.
Barry Rathbone
78 Posted 18/05/2023 at 20:03:56
Bobby Mallon @76,

If our "means" amounts to being perennial lower-tier bumfluff, forget cups, embrace the inevitable fall through the divisions.

Jamie Crowley
79 Posted 18/05/2023 at 20:29:34
I'm not too big on this.

South Florida is filled with snakes. The wealth in that area is ridiculous, and much of it comes from seriously dodgy sources. I'm incredibly biased. I live in "Old Florida" in the upper northeast of the state that has more in common, by far, with deep south Georgia than cosmopolitan Miami. So anything coming out of South Florida I'm suspicious of.

Now, 777 Partners may be a completely legitimate sports "holding and management company". But that's not what I want for Everton.

Quite honestly, I want another version of Rob McElhelleny and Ryan Reynolds. Owners who care about the club, are seen, interact with the fans, care about the city, hire competent people with footballing backgrounds, and are involved for all the proper reasons with a dose of "really big heart" thrown in. English or American or Canadian or whatever, I don't care. Just owners who can back the club and give a real shit, and show they give a shit.

That would fit Everton. Soulless money dudes from South Florida isn't exactly my cup of tea.

But, having no influence whatsoever, I'll watch and see what happens.

Steve Shave
80 Posted 18/05/2023 at 20:45:05
We'd all love that, Jamie, but Wrexham is a complete anomaly. Anyway, I'd question how safe Ryan Reynolds would feel mingling with the crowds at Goodison or Bramley-Moore Dock after another relegation scrap and further disappointment from our demanding fans?

To run a big Premier League club, you need oodles and oodles of money, a plan and commitment to that plan. I don't buy the comments above defending Moshiri in any way. He has shown himself to be a fool and absurdly naive in all matters to do with running a football club (though credit where it's due on the new stadium).

Clubs (like the Barcodes) with 'new money' only have to look at the Everton model and literally do the opposite to find some success. We spunked it and it will take many, many years to recover from the complete top-to-bottom mismanagement under Moshiri's tenure. He is not solely responsible but he was in charge.

I for one am angry as hell with him, he has to be the dumbest accountant Billionaire on the planet. He made us a laughing stock and has put us under serious financial pressure and potential, unwanted scrutiny from P&S rules and related lawsuits.

I want the whole board out and if that means we are run by a shrewd but possibly soulless sports management company for the time being, then I'm all in.

Paul Birmingham
81 Posted 18/05/2023 at 20:50:06
Survival is all that counts from now until the Bournemouth game is completed if it goes to the last game.

I'm taking this alleged stake buy in of Everton with a pinch of salt.

Secure safety, and then in the summer Moshiri, assigns a new board.

I don't see Moshiri selling up until the new stadium is completed – why would he want to sell on at such a loss?

Once the new stadium is built, this should be a lucrative cash cow for a business… but God only knows.

In the last few years, the media generally goes out of its way to spike Everton's position on and off the park.

Let's focus our energy on the Wolves game and hopefully get the points or at least a point.

The biggest couple of weeks in the club's modern history; relegation is not a viable option for Everton FC.


Alan McGuffog
82 Posted 19/05/2023 at 08:23:56
Steve 80. Spot on.

To misquote himself: "clubs look at how Everton do things and then do the opposite". There have been glaring examples of this in the time I have followed us.

Catterick ostracised the media so much that there is little video memory of the sides of the late '60s. Meanwhile Mr Shankly helped create the cult of the kop that persists until this day. The media despise us and laud them.

We built that bloody awful mainstand using outdated design and technology. Man Utd built cantiver stands with unobserved views.

We sat back and accepted the post-Heysel rulings without complaint. Nowadays, we are told, clubs are lining up to boot us in the cobblers through the courts.

The Everton Way? Cue Perry Como... "For the Good Times"

Colin Glassar
83 Posted 19/05/2023 at 09:42:37
Great post, Alan.

You could feel the mood change in the early '70s away from Everton to that shower across the park. Shankly was media friendly and everyone looked forward to his post-match comments (except us) on MotD.

He belittled Everton at every turn and the media lapped it up. While over at Goodison, dour Harry either refused to speak to the press or was rude to them.

I've always said, the Liverpool PR machine is something to be admired (and hated). Last night, I went on CNN's website to check out the digital images of the Titanic and had to suffer a Stevie Me Lar advert for 30 seconds before the piece began.

They (former Liverpool players) dominate the punditry world on TV and in print. Their presence is felt more than any other English club, and that includes Man Utd, in every walk of life. They even inhabit my nightmares.

But I digress. It's hard not to believe that all this investment talk is another board-inspired smokescreen to distract us from a possible catastrophic ending to this season.

Alan McGuffog
84 Posted 19/05/2023 at 12:01:39

I got sick of it in the end but I used to count the number of (often tenuous) Liverpool articles on the BBC Web site. Unbelievable.

And as for the Red Echo 😡

James Flynn
85 Posted 19/05/2023 at 17:44:19
777 Partners claim (boast) is that every penny they spend is exclusively employee money. Nothing they say indicates that they ever borrow from banks, 3rd parties, etc.

They purchased 55-60 businesses, stakes or outright, in just 5 years, with an assessed total value of $6-7 billion. All this without any finance partners?

How much would have to go wrong for the whole thing to collapse?

Ed Prytherch
86 Posted 19/05/2023 at 17:55:21
James 85, you have it backwards. Lack of debt makes a company safer.
Pete Neilson
87 Posted 19/05/2023 at 18:08:02
777 Partners have outside finance, eg, loan capital is still capital. It's just a marketing statement “the capital we invest is our own capital, earned through the success and hard work of our employees” doesn't mean they pay cash for a business.

Just that any cash they pay is their own even if some or most is through a loan or other financial device. As meaningless a statement as possession stats. Doesn't make them dodgy but just shows the bullshit of marketing quotes.

Dennis Stevens
88 Posted 19/05/2023 at 18:10:57
Employee money? Surely, that makes their employees the financial partners they've borrowed from.
Andy Meighan
89 Posted 19/05/2023 at 20:09:33
Danny 16. I most definitely won't have a tear in my eye when we leave that dilapidated old ruin.

Save for a few seasons, the place has been a curse.

That crew over the park coming there and constantly putting us to the sword, not to mention countless other defeats I've had the misfortune to witness.

Yes obviously we've had some great days and nights there but they are most definitely few and far between.

I'm convinced once we move to the Dock our luck will change. Absolutely convinced of it.

I may be in the minority here but I for one won't give a flying one when the last ball has been kicked at that curse.

Roll on to the new Everton Stadium at Bramley-Moore Dock, regardless of what league we are in.

David Currie
90 Posted 19/05/2023 at 20:37:03
Colin 83, Yes RS pundits all over the place, one even spat at a young girl and still did not get sacked??
Gary Reeves
91 Posted 20/05/2023 at 17:54:41
American 'Venture Capitalists' – what could possibly go wrong?

Things have gone a little awry under Moshiri & Usmanov mainly due to poor recruitment – but certainly not because of bad intentions. I think some of you need to give your heads a wobble if you think change, absolutely any change, is the answer.

This could be the proverbial 'into the frying pan' situation. American ownership is problematic for me.

Kieran Kinsella
94 Posted 21/05/2023 at 00:40:45
Esk suggesting in The Athletic that Everton are behind on payments for the stadium.
Don Alexander
95 Posted 21/05/2023 at 00:59:40
Keiran, as hugely inadequate as Moshiri has been for us he, with his mega-money management experience, will now do whatever it takes to mitigate his vast financial loss to only his own personal advantage – and fuck the "ordinary" fans, the club, and the team.

Meanwhile, those shitheads on his board will never have to work again of course.

Trebles all round, Bill – but lay the bill on the fans though!

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