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Could be wrong but I think Le Coq Sportif still sell some of our gear in their Collector Series.
Loads of Woolwich fans were screaming to let usimnov in so they could operate in the Chelsea model.
theathletic.com
But yet again this is crazy because these clowns at 777 should never have been considered as viable owners by the league in the first place! I mean I'm the one that jokes Thanos is the only character that would fail the fit and proper owners test, but this is ridiculous.From the Athletic. If the sale to 777 doesnt go through they'll probably go into administration.....which is an automatic 9 point penalty! Got a feeling they are proper fucked.
Everton takeover: Premier League chief says 777 decision still 'weeks' away
The Premier League is still “weeks” away from making a decision on whether to approve 777 Partners’ proposed takeover of Everton, the league’s chief executive Richard Masters has admitted. Masters was appearing before members of parliament on the Culture, Media and Sport select committee in...
The Premier League is still “weeks” away from making a decision on whether to approve 777 Partners’ proposed takeover of Everton, the league’s chief executive Richard Masters has admitted.
Masters was appearing before members of parliament on the Culture, Media and Sport select committee in Westminster on Tuesday, when he was asked by the committee’s chair, Dame Caroline Dinenage, for an update on the takeover.
The league boss said a decision would be announced “as soon as we have completed the process”, before adding “unfortunately, some processes take a matter of weeks; some, if we haven’t had satisfactory answers to the questions we have asked, it takes a lot longer”.
Dinenage responded by asking: “How long will this one take?”
“It has already been running for a number of weeks, so it’s going to take longer,” replied Masters.
Dinenage asked, “How much longer?”, to which Masters said he did not know, as “it is a very difficult question to answer”.
“Weeks, days, months, years?” Dinenage pressed.
“Hopefully, weeks,” said Masters.
Everton’s current owner Farhad Moshiri first announced he had agreed to sell his 94.1 per cent stake in the club to 777, a Miami-based private investment firm, on September 15.
That announcement said the deal should be completed by the end of the 2023, with club sources and 777 privately telling reporters the process should take 10 to 12 weeks.
That was 18 weeks ago. Since then, the club has been docked 10 points for breaching the league’s spending rules in the four-year period to the summer of 2022 and then charged for a second breach of the same rules for the four-year period to last summer.
That has left Everton, who have been members of English football’s top flight since 1954, one point and one place above the drop zone.
Meanwhile, 777 has lent Everton £142million ($180m) to pay their monthly bills and finance the completion of the club’s new stadium at Bramley-Moore Dock.
However, 777 has also been the subject of numerous media reports, on both sides of the Atlantic, about late payments, legal disputes and regulatory investigations.
In the last week alone, The Athletic has revealed that 777 is being sued for $30million in London by three Irish aircraft leasing companies and a similar amount in New York by an American mortgage company.
There have also been problems at the football clubs 777 already owns elsewhere, with their Italian side Genoa late with another tax payment last month and Belgian team Standard Liege in trouble for not paying wages and fees on time. 777 has said these issues were relatively minor and have already been resolved, but they will have been noted by the Premier League.
And the stakes could not be higher for 777, Everton or the Premier League.
If 777 is not approved by the league, it will find itself in the difficult position of having lent an already heavily-indebted club a huge sum of money with little or no security, and rejection in England will almost certainly lead to serious questions about its ability to fund the seven other clubs in which it already owns stakes.
777, to be clear, has repeatedly said that it expects to be approved by the Premier League, just as it has by several other leagues and federations.
For Everton, the consequences are obvious. Moshiri, who has pumped more than £750m into the club since arriving at Goodison Park in 2016, is no longer able to fund them and has been trying to sell the club for over a year. It is becoming increasingly difficult to see how any other buyer would take Everton on now, unless the club’s creditors all agreed to “take haircuts” on the money they are owed. If done via a period in administration, Everton would be hit with an automatic nine-point penalty.
And the Premier League knows that its vetting of 777 is taking place with the spectre of an independent regulator for football looking over its shoulder. Get this wrong and that regulator will almost certainly take a firmer grip on club takeovers than it might if the league can demonstrate its ability to run these processes competently.
Sigurdsson is still our record signing when we bought him from Swansea in 2018 for 45m .For all the money we wasted I dont remember being excited about buying any of them.
Indeed, though the Chavs have yet to be charged by the PL for any PSR issues, although it seems likely they will be. They were fined by UEFA for issues between 2012 and 2019 under Abramovich, and the FA and PL are looking into issues which supposedly in the mid 2010s, and more recent potential PSR issues too, as I understand it.
777 are borrowing money at a rate of 52.5%!!!!! It's hard to fathom what the fuck they are doing.
