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Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 11:52 am
by brap2
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.
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 12:00 pm
by Goaljira
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?
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 12:23 pm
by AndSeel
Think this lot wont get the deal done. Hopefully somebody competent is waiting in the wings
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Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 8:55 pm
by Bluedylan1
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?
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 9:14 pm
by Cozzie
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.
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 9:56 pm
by Toffee1
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 10:19 pm
by Bob Sacamano
What deadline?
Re: 777 Partners Takeover
Posted: Wed Feb 28, 2024 10:26 pm
by brap2
He's determined to sell us to these jokers
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 7:25 am
by Cozzie
This is bad.
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 8:02 am
by TheRam
I don’t know how close sky sports news would be to the deal.
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 11:12 am
by brap2
ACAP walking away from 777
Why is moshiri so desperate to sell?
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 11:15 am
by Escalator
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 ?
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 6:28 pm
by Audrey Horne
Its so infuriating. Not being able to do anything about it
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 6:32 pm
by Cozzie
We kinda need this mystery other bidder, if they even exist, to kind of maybe show their hand a bit now.
Re: 777 Partners Takeover
Posted: Thu Feb 29, 2024 9:00 pm
by Cantoffee
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.