The Official Everton thread - Vol 2

The Official Everton thread - Vol 2

Author
Discussion

hilly10

7,162 posts

229 months

Saturday 4th May
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Fast Bug said:
We owe them so much money that I don't think we can afford to bin them off. Moshiri has either a) run out of money or b) no longer wants to put money in to the club. I'm guessing it's the former as we all know it was Usmanov behind the scenes.

And whilst talking of our beloved (?) owner, it sounds like he's not really around much these days. I can't remember if I heard it on Talkste or the price of football podcast, but it sounds like he's absent at the moment.
All I know it’s one big mess

Fast Bug

11,743 posts

162 months

Saturday 4th May
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Pretty good write up of our woes below

www.espn.com/soccer/story/_/id/40063986/everton-go...

aeropilot

34,746 posts

228 months

Sunday 5th May
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And yet more tales of woe about 777.....

https://www.bbc.co.uk/sport/articles/cprgxj4zlneo


hilly10

7,162 posts

229 months

Sunday 5th May
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We really do not want these people near our club, but without a miracle buyer it could be Administration.

SydneyBridge

8,674 posts

159 months

Sunday 5th May
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What would the points deductions be if you went into administration between seasons?

Fast Bug

11,743 posts

162 months

Sunday 5th May
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SydneyBridge said:
What would the points deductions be if you went into administration between seasons?
I don't think it matters when you go in to administration, you'll still be deducted points. I think Portsmouth got hit with 9 points when it happened to them.

hilly10

7,162 posts

229 months

Monday 6th May
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Fast Bug said:
I don't think it matters when you go in to administration, you'll still be deducted points. I think Portsmouth got hit with 9 points when it happened to them.
If Portsmouth got 9 then we would definitely get 12

Blue62

8,924 posts

153 months

Thursday 9th May
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Being rumoured that MSP may be back in for us as 777 deal is looking increasingly fragile. The ever blue, optimistic idiot in me has somehow decided that they’ve been playing a waiting game in the sure knowledge that 777 wouldn’t be able to get it over the line. I’ve further concluded that 777 offered Moshiri a better deal, which is why he was prepared to sell us to a bunch of shysters.

I should offer a word of caution, most of this is in my head, other than the MSP rumour which was on Bloomberg.

Ankh87

701 posts

103 months

Thursday 9th May
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It'll depend when the administration is applied for. So if they go into admin before the official start of the season then it's applied to this season.

It would be better for the club to do it this season if they have to because as long as they stay up with more than a 9 point gap, then no punishment for next season.

I'm sure -9 points next season will be far more difficult to overcome because the quality of teams will be better plus more than likely have a transfer embargo as well which would suck Eggs.

Blue62

8,924 posts

153 months

Friday 10th May
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Ankh87 said:
It'll depend when the administration is applied for. So if they go into admin before the official start of the season then it's applied to this season.

It would be better for the club to do it this season if they have to because as long as they stay up with more than a 9 point gap, then no punishment for next season.

I'm sure -9 points next season will be far more difficult to overcome because the quality of teams will be better plus more than likely have a transfer embargo as well which would suck Eggs.
I was reading about this elsewhere, while it doesn’t appear to be crystal clear in terms of EPL rules if we win this weekend and Luton lose we go 10pts clear. In theory we could then go into administration and incur a points deduction applied to this season. Not straightforward though and I suspect it would really hurt us in other ways, reputation, transfer embargo etc.

Adam.

27,319 posts

255 months

Friday 10th May
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Could break all sorts of loan covenants and contracts, and increase cost of future loans

Fast Bug

11,743 posts

162 months

Friday 10th May
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I don't think we'll go in to administration, I have a feeling someone will come in instead of 777. I'm not sure if it will be MSP as they had the chance to takeover a week or so ago when 777 had to extend a payment deadline

Ankh87

701 posts

103 months

Friday 10th May
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Blue62 said:
I was reading about this elsewhere, while it doesn’t appear to be crystal clear in terms of EPL rules if we win this weekend and Luton lose we go 10pts clear. In theory we could then go into administration and incur a points deduction applied to this season. Not straightforward though and I suspect it would really hurt us in other ways, reputation, transfer embargo etc.
It doesn't effect players that are at the club as long as the club doesn't go into liquidation. So those on loan now would be OK to stay at the club but the worst case they leave. Which as long as Everton at clear from relegation won't make any difference.

Yes it looks a bit iffy but the rules are the rules and if it states X points taken, plus transfer embargo for X years and a fine. Then that's what it is.

hilly10

7,162 posts

229 months

Friday 10th May
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We could do with a middle eastern billionaire to get us out of this mess, mmmm where have I heard that before.

Fast Bug

11,743 posts

162 months

Friday 10th May
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I see we've withdrawn the appeal over the points deduction. Assuming it's because we're safe from the drop now and makes me think we won't be going in to administration even more now

TownIdiot

105 posts

Friday 10th May
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Not an Everton fan but have to say the idea that you get a points deduction for a breach and then additional deduction if you go into admin seems like a double punishment for the same "crime"

With this system it seems that a club could easily get into a spiral that is much more difficult to get out of.

hilly10

7,162 posts

229 months

Saturday 11th May
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The more I read about 777 the more I dislike their business. Reading today, Standard Leige players have not been paid for April and they have been told it will be the end of the season before they see their wages, on top of that their game last night was postponed due to fans demonstrating. A budget airline they own in OZ is in voluntary liquidation. We are in a complete mess which I fear will only get worse if they do get their hands on us.

alfa phil

2,105 posts

208 months

Saturday 11th May
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On a lighter note , The Boss got manager of the month.
Well deserved.

tdm34

7,374 posts

211 months

Saturday 11th May
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alfa phil said:
On a lighter note , The Boss got manager of the month.
Well deserved.
Nailed on defeat then…..

hilly10

7,162 posts

229 months

Saturday 11th May
quotequote all
Good goal well worked