The NSNO Everton Forums

777Kidnappings wrote: ↑Thu May 16, 2024 5:05 pm Could we buy our own debt?? If we had new owners who could afford it.

I imagine so, if the new owners bought the debt first then bought us?

Bluebridge wrote: ↑Thu May 16, 2024 5:36 pm I imagine so, if the new owners bought the debt first then bought us?

Or even just negotiated a settlement with the administrators (which amounts to the same thing) might get us a good deal given that it's unsecured and behind a load of debt that has been secured on everything we own

It's all incredibly odd that they continue to pump money in. Looks very unlikely they are going to get the deal done anyway.. already its apparently 200m. How much did they bloody offer for the club

777Kidnappings wrote: ↑Thu May 16, 2024 5:47 pm Or even just negotiated a settlement with the administrators (which amounts to the same thing) might get us a good deal given that it's unsecured and behind a load of debt that has been secured on everything we own

It's all incredibly odd that they continue to pump money in. Looks very unlikely they are going to get the deal done anyway.. already its apparently 200m. How much did they bloody offer for the club

Was said somewhere previously that they’re contractually obliged to keep putting money in as per the exclusivity agreement

So even after it becomes apparent that they won't be able to buy us they still have to keep giving us money.

So are they buying on the drip and if they miss a payment they lose all there money ?

MayorFarnham wrote: ↑Thu May 16, 2024 8:01 pm So even after it becomes apparent that they won't be able to buy us they still have to keep giving us money.

Could they sell all their assets, the other clubs and airlines etc, in order to buy us outright, the jewel in the crown?

Trowel wrote: ↑Tue May 14, 2024 10:40 am

That man needs to be hoisted by his own petard!

Dchans wrote: ↑Thu May 16, 2024 4:15 pm So ideally we want them to go bust, sell the debt at a much lower price and be taken over by someone who actually has the fucking money to do so??

No, they would have bought the debt for cheaper but we would still owe the same amount.

So if we owed 10% per annum, instead of the new owners of the debt earning 10%, they would be able to earn a much higher yield by simply by buying the debt at a lower price. If they buy the debt at £100m, 10% per annum would still be payable AND the original sum e.g £200m would be repayable,

Says assets have been siezed by Belgium Court because of the shit show with Liege

777 ? should be called 666 - they can well and truly f**k off

Don't know who this is, so take it with a large pinch of salt.

Looking through the replies, some a posting that this is a fake account - don't know why people do this.

Gary1878 wrote: ↑Fri May 17, 2024 6:24 am No, they would have bought the debt for cheaper but we would still owe the same amount.

So if we owed 10% per annum, instead of the new owners of the debt earning 10%, they would be able to earn a much higher yield by simply by buying the debt at a lower price. If they buy the debt at £100m, 10% per annum would still be payable AND the original sum e.g £200m would be repayable,

Surely the administrator would come to us first with a settlement offer

Toffee1 wrote: ↑Fri May 17, 2024 8:46 am

Don't know who this is, so take it with a large pinch of salt.

Looking through the replies, some a posting that this is a fake account - don't know why people do this.

Will be that chico fella most likely.

TheRam wrote: ↑Fri May 17, 2024 9:07 am Will be that chico fella most likely.

Almost electrocuted himself at judges houses. He's our type of lunatic

Yea I'm not sure Tomassi Hartoducci (@tomhart) is a real person lads.