End of Moshiri - Friedkin, APPROVAL AGREED

This is the new NSNO Everton forum to discuss the Mighty Blues
brap2
Posts: 4538
Karma: 4178

Re: 777 Partners Takeover

Post

Apparently the prem don't actually reject, it's either approved or not, with no rejection status.

So we're sat in limbo until we or 777 pull the plug.
Goaljira
User avatar
Posts: 2383
Karma: 1296

Re: 777 Partners Takeover

Post

brap2 wrote: Wed Feb 28, 2024 11:52 am Apparently the prem don't actually reject, it's either approved or not, with no rejection status.

So we're sat in limbo until we or 777 pull the plug.
Sounds like what happened with Newcastle and the Saudis.
From 2020 wrote:In response, the League said on Thursday: “The club’s assertion that the Premier League has rejected the takeover is incorrect. The Premier League has, on a number of occasions, given its opinion about which entities it believes would have control over the club should the consortium proceed with the acquisition. That opinion is based on legal advice.

“That means the takeover could proceed to the next stage, should the relevant parties provide all appropriate information. They would then be subject to a suitability assessment by the board (of the Premier League). As an alternative, the board has repeatedly offered arbitration as a way forward since June.”
So they just don't approve things, they just give advice and ask for more information until people get fed up or can't provide the info and withdraw. Actually makes sense in a legal sense, because the PL don't approve the ownership of teams getting promoted, so why would they have the right to say who runs clubs already there?
AndSeel
User avatar
Posts: 623
Karma: 394

Re: 777 Partners Takeover

Post

Think this lot wont get the deal done. Hopefully somebody competent is waiting in the wings

Sent from my SM-G977B using NSNO Everton Forums mobile app

Bluedylan1
Posts: 4206
Karma: 4783

Re: 777 Partners Takeover

Post

AndSeel wrote: Wed Feb 28, 2024 12:23 pm Think this lot wont get the deal done. Hopefully somebody competent is waiting in the wings

Sent from my SM-G977B using NSNO Everton Forums mobile app
Are you Thornton from the previous site?
Cozzie
User avatar
Posts: 6338
Location: Wherever I lay my hat
Karma: 2479

Re: 777 Partners Takeover

Post

Bluedylan1 wrote: Wed Feb 28, 2024 8:55 pm Are you Thornton from the previous site?
Judging by the avatar I was thinking the same.

Thornton19 I think he was.
Toffee1
Posts: 3412
Location: East Finchley, London
Karma: 1353

Re: 777 Partners Takeover

Post

Bob Sacamano
User avatar
Posts: 1706
Karma: 891

Re: 777 Partners Takeover

Post

What deadline?
brap2
Posts: 4538
Karma: 4178

Re: 777 Partners Takeover

Post

He's determined to sell us to these jokers
Cozzie
User avatar
Posts: 6338
Location: Wherever I lay my hat
Karma: 2479

Re: 777 Partners Takeover

Post

This is bad.
TheRam
Posts: 6604
Karma: 6728

Re: 777 Partners Takeover

Post

I don’t know how close sky sports news would be to the deal.
brap2
Posts: 4538
Karma: 4178

Re: 777 Partners Takeover

Post

ACAP walking away from 777



Why is moshiri so desperate to sell?
Escalator
Posts: 3177
Karma: 1045

Re: 777 Partners Takeover

Post

brap2 wrote: Thu Feb 29, 2024 11:12 am ACAP walking away from 777



Why is moshiri so desperate to sell?
Maybe because we told him to fuck off ?
Audrey Horne
User avatar
Posts: 6446
Location: 53.4389° N - 2.9662° W
Karma: 2615

Re: 777 Partners Takeover

Post

Its so infuriating. Not being able to do anything about it
Cozzie
User avatar
Posts: 6338
Location: Wherever I lay my hat
Karma: 2479

Re: 777 Partners Takeover

Post

We kinda need this mystery other bidder, if they even exist, to kind of maybe show their hand a bit now.
Cantoffee
Posts: 494
Karma: 355

Re: 777 Partners Takeover

Post

Other bidders probably waiting, puts Moshiri in an even worse spot if this drags on and falls through.

These jokers are the only ones that have offered enough for him to walk away with his money. We have too much debt and aren't worth enough.
Locked Previous topicNext topic