End of Moshiri - Friedkin, APPROVAL AGREED
Re: 777 Partners Takeover
From the comment section from a recent Toffee TV interview with Henry Winter
"Botafogo fan here.
3 years ago, I was not optimistic about the future of Botafogo. I have been a supporter for 40 years, and the last 20 have been extremely difficult. We had a debt that was approaching 1 billion Reais (around 200 million pounds). No training ground, becoming a yo-yo club, no youth academy to speak of, television and sponsorship money being seized to pay debts, the list goes on.
When I first heard of Textor in 2022 when he bought Botafogo, I have to be honest and say that I wasn't very excited about him, but I figured that our situation couldn't get any worse. He quickly changed things by sacking the manager at the time, and bringing Luis Castro, the guy that would be responsible for overhauling the squad. We had been promoted from the second division and had an extremely weak squad to compete in the first division.
The first 6 months were difficult, we did poorly in the state championship, and lingered at the bottom of the table. With a few key signings, the second half of the season was considerably better, and we finished in a comfortable 11th place. Last year, with more investment we led the league for the majority of the season but after losing Castro to Saudi Arabia, the team lost its north and we finished in 5th. The lack of leadership was crucial to the performance on the field.
The core of the team was maintained for this season and more players were brought in to strengthen and already competitive team. A new manager was also appointed, Artur Jorge from Braga, and the team seems to be on the right track. We have qualified to the round of 16 of the Libertadores and we are doing good in the Brazilian League.
With Textor, our debt situation was brought under control, a big chunk has been paid and another part was renegotiated and is being paid in instalments. The administrative side of things was also greatly improved. From custodial to marketing, everything was improved and transformed in a proper business. We still don't have a proper training ground for the size of our club, but we have one now. Our stadium is also receiving some needed upgrades.
Is Textor perfect? Absolutely not. He makes mistakes. When Castro left, he brought Bruno Lage. He fired him after 3 months. We had 1 interim manager and they finally signed Tiago Nunes (that would be sacked after showing a complete lack of competence during the state championship). Textor admitted that he made a mistake on sacking Lage, and not giving him the proper support he needed.
I think he has the right intentions, and wants the best for all the clubs he owns. He is very involved with Botafogo and the fans love him.
Lyon had a rocky start, but things got better for the second half of the season after some adjustments. The Belgium team is a disaster. I am not sure about that one. I don't follow Belgium football to have an opinion. And Palace he doesn't really call the shots there.
One important point about being part of this multi-club thing.
Everton would benefit from having access to the huge South American market via Botafogo. Yes, Lyon is part of it too, but the Premier League has a way bigger appeal to a lot of the players in Brazil nowadays. As a Botafogo fan I am fully aware that a player that explodes there, will inevitably go to Europe one day. It is just a fact and that doesn't bother me that much.
I like Everton, I think we (Botafogo fans and Everton fans) have a lot in common. We have a rich past, but a very poor recent history. We have passionate fans, we suffer (a lot), we have rivals across town that are more successful and richer. We are loyal fans, on good days but specially on the hard ones. The hard times really show how passionate our fans are.
I hope Everton can have their ownership situation sorted out soon. Be Textor or be someone else, I do wish all the best for Everton. You all deserve better. You all deserve a football club that can fight at the top of the table.
Boa Sorte! "
"Botafogo fan here.
3 years ago, I was not optimistic about the future of Botafogo. I have been a supporter for 40 years, and the last 20 have been extremely difficult. We had a debt that was approaching 1 billion Reais (around 200 million pounds). No training ground, becoming a yo-yo club, no youth academy to speak of, television and sponsorship money being seized to pay debts, the list goes on.
When I first heard of Textor in 2022 when he bought Botafogo, I have to be honest and say that I wasn't very excited about him, but I figured that our situation couldn't get any worse. He quickly changed things by sacking the manager at the time, and bringing Luis Castro, the guy that would be responsible for overhauling the squad. We had been promoted from the second division and had an extremely weak squad to compete in the first division.
The first 6 months were difficult, we did poorly in the state championship, and lingered at the bottom of the table. With a few key signings, the second half of the season was considerably better, and we finished in a comfortable 11th place. Last year, with more investment we led the league for the majority of the season but after losing Castro to Saudi Arabia, the team lost its north and we finished in 5th. The lack of leadership was crucial to the performance on the field.
The core of the team was maintained for this season and more players were brought in to strengthen and already competitive team. A new manager was also appointed, Artur Jorge from Braga, and the team seems to be on the right track. We have qualified to the round of 16 of the Libertadores and we are doing good in the Brazilian League.
With Textor, our debt situation was brought under control, a big chunk has been paid and another part was renegotiated and is being paid in instalments. The administrative side of things was also greatly improved. From custodial to marketing, everything was improved and transformed in a proper business. We still don't have a proper training ground for the size of our club, but we have one now. Our stadium is also receiving some needed upgrades.
Is Textor perfect? Absolutely not. He makes mistakes. When Castro left, he brought Bruno Lage. He fired him after 3 months. We had 1 interim manager and they finally signed Tiago Nunes (that would be sacked after showing a complete lack of competence during the state championship). Textor admitted that he made a mistake on sacking Lage, and not giving him the proper support he needed.
I think he has the right intentions, and wants the best for all the clubs he owns. He is very involved with Botafogo and the fans love him.
Lyon had a rocky start, but things got better for the second half of the season after some adjustments. The Belgium team is a disaster. I am not sure about that one. I don't follow Belgium football to have an opinion. And Palace he doesn't really call the shots there.
One important point about being part of this multi-club thing.
Everton would benefit from having access to the huge South American market via Botafogo. Yes, Lyon is part of it too, but the Premier League has a way bigger appeal to a lot of the players in Brazil nowadays. As a Botafogo fan I am fully aware that a player that explodes there, will inevitably go to Europe one day. It is just a fact and that doesn't bother me that much.
I like Everton, I think we (Botafogo fans and Everton fans) have a lot in common. We have a rich past, but a very poor recent history. We have passionate fans, we suffer (a lot), we have rivals across town that are more successful and richer. We are loyal fans, on good days but specially on the hard ones. The hard times really show how passionate our fans are.
I hope Everton can have their ownership situation sorted out soon. Be Textor or be someone else, I do wish all the best for Everton. You all deserve better. You all deserve a football club that can fight at the top of the table.
Boa Sorte! "
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StirlingBlue
- Posts: 1680
- Karma: 859
Re: 777 Partners Takeover
I hate the Bill Gates approach - he avoids paying taxes by putting his money into charitable foundations.Gary1878 wrote: I wouldn’t say that Warren Buffet and Bill Gates are enemies. Buffet is leaving 98% of his wealth to charity after his death and Bill Gates is using his wealth to sustainably help the poorest people in the world. They are doing things that Governments cant do or won’t fund.
Yes the work is good that they do, but the rest of us don’t get the choice to choose where our tax money goes so why do billionaires?
I paid something like €70k of taxes last year, if we follow the Bill Gates model then instead of that funding a social safety net for equality I could instead just choose for it to be used in my own local area - it’s a selfish approach that doesn’t work in a fair way
Re: 777 Partners Takeover
All good pointsStirlingBlue wrote: ↑Fri May 31, 2024 9:38 am I hate the Bill Gates approach - he avoids paying taxes by putting his money into charitable foundations.
Yes the work is good that they do, but the rest of us don’t get the choice to choose where our tax money goes so why do billionaires?
I paid something like €70k of taxes last year, if we follow the Bill Gates model then instead of that funding a social safety net for equality I could instead just choose for it to be used in my own local area - it’s a selfish approach that doesn’t work in a fair way
Re: 777 Partners Takeover
Please, I keep "watching this space" for news? I hope this is the last we hear from 777 after today!
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Evertonian in NC
- Posts: 1087
- Karma: 488
Re: 777 Partners Takeover
If Textor is sane, will get finances under reasonable control, and doesn't wear a baseball cap with a suit? I'm all in.
"The best you can hope for is to die in your sleep." - Kenny Rogers (plausible Evertonian)
Re: 777 Partners Takeover
I'm guessing as the deadline is midnight EST we won't hear anything official until tomorrow morning.
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Bluedylan1
- Posts: 4158
- Karma: 4730
Re: 777 Partners Takeover
On the surface, Textor looks massively preferable to Moshiri and 777, and seems hugely passionate about football. I think the video on the pitch with Botafogo is a bit overblown, and he seems to be extremely well regarded by their fans. Also, would be quite happy to be part of a multi-club model. Would like to think we'd be above Lyon in their pecking order.
But it seems like it might not be possible, unless he's able to sell his shares in Palace pretty quickly and that feels like a process that might take too long from our perspective, which would be a shame.
But it seems like it might not be possible, unless he's able to sell his shares in Palace pretty quickly and that feels like a process that might take too long from our perspective, which would be a shame.
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StirlingBlue
- Posts: 1680
- Karma: 859