Report claims Moshiri is continuing talks with A-CAP

Sounds like a veritable financial bun fight.

The mention of 777 Partners in any form sends shivers down the spine.

The idea that this is becoming some sort of battleground to save monies owed rather than take Everton forward does not bode well.

Hopefully someone with a better insight into the facts can help out here.

I totally agree with the posters above.

The murky world of finance seems to me perfectly suited to running a football club these days… sigh.

Everton were stupid enough to put Moshiri in a position to take money off 777 Partners and stupid enough to allow Moshiri 94.1% of the shares without knowing anything about him. Kenwright should have done his due diligence.

Crystal Palace would not have done that, as Textor’s current situation shows. In any event, at Everton that wasn’t done and now we have a Moshiri mercenary playing Russian Roulette with Everton’s future.

Couldn’t make this shit up.

I’ll give you my view, Phil @2 but it’s just me venting my spleen.

I’ve said all along that 777 Partners are simply a bridge to Usmanov. He’s calling the shots and, ever since we held up banners stating “Moshiri, get out of our club” he’s taken the view “Okay, fuck em, I will but on our terms and fuck the future of this lot.”

There is no way the Premier League will let this through and so it drags on. Moshiri, son of Kenwright…

Such disappointing news.

When are we going to get rid of this man Moshiri? He always looked like the junior partner to his boss Alisher Usmanov. Everton deserve better, as do the fans.

Let’s hope we can get decent owners who put Everton and the fans in front.

Yes, make your millions but put football people in charge, please.

Or yet more fabricated guesswork by a journalist and his rag?

Even if the headline is true, Moshiri would be talking to A-CAP, wouldn’t he? He appears to owe them money (via 777’s alleged lending of £200M).

We continue.

I think this story has got legs as we owe 777 £200M and they owe A-CAP £200M.

They will pay Moshiri a tidy sum to get this through. The leak is probably from A-CAP, not Moshiri.

That prick Moshiri is not to be trusted, he seems stubbornly against the best deal for Everton and more on dodgy dealings.

Hope he gets his fingers severely burnt!

The plot sickens.

The sooner we’re rid of this stooge, the better.

Why should we trust a money-laundering puppet to do the best deal for our club?

It is also interesting that Moshiri seems to be handling the negotiations himself rather than through experts in the field.

Sums up amateur hour at the club.

I have no faith in Moshiri to do the right thing and sell to a good owner.

If this story is true, I can see the other parties walking away.

The person who owns the shares chooses who they sell them to.

They will pick what is best for them only.

[* Or what’s best for any associated Russian…]

On balance, I am unfortunately minded to believe Mark Ryan’s post as being closest to reality.

We do not have an owner remotely interested in the future of the club he leaves behind. He just wants as much of his investment back as soon as possible, directed towards the bank accounts he wants it to go to.

If there is a right to veto for all creditors, then unless Moshiri (and/or A-CAP) put their hands in their pockets again, there is no avoiding the reality that we are not a going concern and the directors of EFC either have to resign or choose administration.

If 777’s money is junior debt, then they have a motive to avoid administration and at the very least, spin it out for a week or two. So, bizarre as it may seem, I don’t think it’s impossible A-CAP will do this and pay the next tranche of bills.

They may well get their money back quickly from the proceeds of Jarrad’s sale which I think sadly is now looking like a 75% probability at least. And Man Utd, or whoever is in for him, will know that so we will get far less money than we need and merit.

The vultures remain over the carcass…

I can’t understand the deluded sentimentalists that post on here thinking that investors in this club are supposed to ‘donate’ their millions or billions for the good of the club.

So, if you buy a house and spend money on doing it up and maybe contribute some goodwill to the neighbourhood over the years, what do you do when you go to sell it?

You seek out the best price and terms from whoever is prepared to pay that, don’t you? How many would say “No, I don’t think I’ll accept the best price because I don’t think those offering that amount will get on as well with the neighbours…” Really?

Moshiri is doing what any investor does and will look to recoup as much of his investment as he can. And why wouldn’t he?

He’s at least had the balls to source the readies to get a beautiful new stadium built but some on here slag him off because he wants to get some of that money back.

Were we expecting a ‘sugar daddy’ to pour millions into the club for no return? How entitled or deluded are some of the posters on here?

Once Moshiri is gone, I hope we do an exorcism of Goodison, Finch Farm, The Liver Building and Bramley-Moore Dock. In fact, everywhere he and Kenwright ever visited.

We need to rid ourselves of the stench these two crooks have left lingering behind.

I’m not sure that the people who are interested in Everton will walk away but, if things don’t move forward soon, then Everton are going to be in another horrible position football-wise and will eventually fall through the trapdoor because of this continued ineptness, imo.

I still think there’s at least one other group waiting in the wings but, until Moshiri stops playing these silly games, then my guess is that it’s probably hard for them to take the man seriously.

He allegedly couldn’t tell the people at FAB much the other week because of an exclusivity clause, so maybe they should ask him again now.

Or they should try and get the Premier League to put a bit of pressure on him (wishful thinking, but I’m sure this is eventually what happened to Hicks & Gillet across the park?) because, as it stands now, I’m not sure anyone trusts the current alleged owner to do the right thing by Everton Football Club.

Good point, Craig @16, but if you have massively overspent on that house, and lent way too much money in the process, then there is simply no way you will get all your money back.

If this is the case I am not surprised.The 777 Partner deal was given every chance above and beyond what was reasonable. It failed because 777 Partners could not fulfil the Premier League requirement s, not because of sanctions. In the Bonza debacle is tl was uncovered that there was little distinction between A-Cap and 777 Partners.They both were connected to Reinsurer 777, Bermuda. There is absolutely no due diligence being applied by Everton regarding 777 Partners or A – Cap.They might as well be in house.

The Premier League is trying it’s best within it’s remit, but the implementation and investigation of Sanctioned parties is lost in a tray somewhere.

The only deal on the table is with such parties.

Brent

Small portions go along way

Well someone has to come up with the money or we will probably go bust. He needs to find a buyer, any buyer and quick, the clocks ticking.

Moshiri bought the club, he gave it a shot and flopped, there were several culprits resposible for the failure not just him.

He’s built a shiny new stadium to try and advance the club but then Putin put a very big spanner in the works.

I think the club has been cursed for some time now, we just cant get a break.

Craig #16
I think a lot of people appreciate Moshiri’s intentions but the top and bottom of it his he has employed contractors and advisors that have made a mess of his house and loans exceed the value of the said asset meaning someone has to take a haircut.

He seems reluctant to accept this and is engaged with dodgy people who he thinks will rescue him but it’s actually making things worse.

Craig 16

If you sold your house to metaphorical drug dealers and violent criminals for a few dollars more and in the right offshore account, maybe the neighbours might have a point?

To quote Sam Mussabini in Chariots of Fire… I’ve seen better organized riots.

Jay and Mark, maybe, but it’s his house and nobody else’s opinion really matters a damn.

Sean #21, you’ve got a better chance of banking £800 million than Moshiri does.

Tony #20, if genuine bidders for the club are those still capable of taking Moshiri seriously, Everton will get new owners in 2037.