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Post by irf on Jun 27, 2024 15:18:48 GMT
A quick 777 search rang alarm bells when we saw that 777 were established in 2015 by Wander, at that time in his early 30's with no discernable traceable wealth suddenly buying up sports franchises. I distinctly remember across Whats Bev and all other outlets there was a level of scepticism surrounding who these people actually were and that never went away. The cocaine trafficking police mugshot followed soon after the deal was announced and went viral in UK basketball circles. Are we to believe the BBL Board hadn't considered these aspects? To not have held suspicions would have been an entirely untenable position by simply connecting a Open Source dots. So now, in a revisionist capacity, they can and must be judged as it is the only thing basketball fans can do at this moment. It is also right to question the catastrophic failure to manage their stake in the BBL at the time of completion and the following years. Leaving all other questions aside, how on earth does an entity with a 45% stake then mount an effective takeover of the league and be allowed to saddle it with the kind of debt which led it to a death spiral? We know that Kevin Routledge resigned from the BBL in late 2022, was he fired or resigned? This all matters now. Is KR telling the truth? I don't know. What I do know is that there will be some serious backside covering attempts going on by some of those involved and there is a conspiracy of silence by all involved. That doesn't engender trust. And you also said it was widely known within the basketball world that Kuwaitis wanted to invest in BBL? Do you have anything at all to back that up? Anything? |
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Post by donthatetheplayer on Jun 27, 2024 16:04:31 GMT
You seem irritated. There is a lot of content out there and if/when the relevant people want it, I'm sure appropiate information will no doubt find its way to where it needs to be. Take off your red specs and the need for answers is an entirely appropriate position. Do you accept this? Do you also accept that the Riders owner was also THE most influential person across the league and rumoured to have been heavily involved in the sale of the BBL. You have to accept that questions require answers. There should be a full BBF investigation to what has gone on here. Not least the entire 777 farrago will be coming to Netflix over the next couple of years. Wander probably facing a 150 year jail term in the US for hundreds of millions of $$ in fraud. I don't think you're taking any of this seriously IRF.
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Post by irf on Jun 27, 2024 16:13:54 GMT
You seem irritated. There is a lot of content out there and if/when the relevant people want it, I'm sure appropiate information will no doubt find its way to where it needs to be. Take off your red specs and the need for answers is an entirely appropriate position. Do you accept this? Do you also accept that the Riders owner was also THE most influential person across the league and rumoured to have been heavily involved in the sale of the BBL. You have to accept that questions require answers. There should be a full BBF investigation to what has gone on here. Not least the entire 777 farrago will be coming to Netflix over the next couple of years. Wander probably facing a 150 year jail term in the US for hundreds of millions of $$ in fraud. I don't think you're taking any of this seriously IRF. Don't like seeing people throwing comments out like you are about people not here to defend themselves and not prepared to back them up or even answer very very simple follow up questions (simple if they have any knowledge of course) So I will try for a third time to get an answer to something you stated Who are you claiming had completed due diligence by 2021? Very simple question? |
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Post by SamH on Jun 27, 2024 16:26:36 GMT
And I thought the election debates were feisty! Let's keep it civil, gents.  |
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Post by irf on Jun 27, 2024 16:27:25 GMT
Do you also accept that the Riders owner was also THE most influential person across the league and rumoured to have been heavily involved in the sale He was one of 6 or 7 directors at the time who would have voted on allowing 777 to purchase 45% of the BBL shares or not The same 777 who had already bought Lions 2 years earlier and invested in them heavily Was Kev to blame for that deal as well? His vote in any decision would be worth no more than any of the others So no I don't accept it. I've answered your question promptly There's a clear grudge going on here about Kevin. Simple as that Why aren't you questioning the chairman Sir Rodney Walker or any of the others Why is it always Kevin Routledge? Come on spill the beans? You very clearly don't like him. What's he done to you? |
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Post by irf on Jun 27, 2024 16:33:00 GMT
And I thought the election debates were feisty! Let's keep it civil, gents. I'm being civil and polite If someone's going to sling a bit of mud I think it's only fair someone challenges what's being said And so far the poster I've challenged has provided zero info to back up the constant sly digs about someone highly respected in British basketball Just mud slinging focussed on an individual rather than BBL board as a whole (which shows me this is personal) No need I've met Kev Routledge twice. Many years ago. Don't owe him any favours or support at all. Met none of the others. But I'm happy to say that they will have decided as a group (led by Sir Rodney Walker) what was best thing to do in the circumstances they were in And I'm not criticising any of the organisations who took the almost 1 billion in investment that 777 delivered 777 the bad guys. The organisations the victims. And if you were going to actually ask questions it would be of those who took the money late on rather than relatively early on like lions and bbl When the bad news stories were starting to come out |
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Post by irf on Jun 27, 2024 16:36:54 GMT
You have to accept that questions require answers Kev Routledge has said the below The Leicester Riders chairman denies the existence of such a deal, saying that the “BBL was approached by 777, who had already invested in London” at the time. Routledge said: “After 15 months of discussion and negotiations there was no proof or clarity on the source of funds; therefore, the discussions were discontinued. “There was never a deal; there was just a negotiation on prospective terms; at no stage was the prospective funder introduced or met; the discussions were via an agent.” There's at least 5 other directors who I'm CERTAIN would speak up immediately if that wasn't the truth. So we really don't need donthatetheplayer questioning the honesty here. It will all be minuted as well. Two years after buying Lions 777 then approached BBL (not Kevin Routledge) to broker a deal Again simple and straightforward And donthatetheplayer describes a "conspiracy of silence" on previous page from BBL directors That's clearly not the case as that's a very specific statement from one of them. No grey areas there at all. |
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Post by tallerman on Jun 27, 2024 19:03:33 GMT
O this has been an interesting read, I look forward to question time. Lots of questions being ignored and then complaints that they're ignored lol. I do find it funny that you think Kevin needs to be defended on here because he doesn't have an account when you're known for mud slinging of the highest calibre that you'll probably claim was not done to offend and just a joke. Those in glass houses shouldn't throw stones.
Head over to hoopsfix for a really good read, he breaks it all down of what's happened. Be careful though, he does mention Kevin's name
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Post by milehigh on Jun 27, 2024 19:54:59 GMT
*** Gentlemen, we need to be very careful to ensure coments here do not become libelous.
I'm sure notoriousbigz will be able to provide expert guidance on that.
Please keep things civil, and within the law. ***
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Post by milehigh on Jun 27, 2024 19:58:57 GMT
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Post by mac on Jun 27, 2024 20:29:43 GMT
*** Gentlemen, we need to be very areful to ensure coments here do not become libelous.
I'm sure notoriousbigz will be able to provide expert guidance on that.
Please keep things civil, and within the law. *** Very true mate, the right to free speech comes with responsibilities. That's why the Hoopsfix article you linked has good use of the word "allegedly". There's still a lot more to come out, I'm sure. |
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Post by mac on Jun 27, 2024 20:31:20 GMT
That's a good article by the way.😄
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Post by milehigh on Jun 27, 2024 20:34:41 GMT
One big positive of the 777 mess is the number of high quality articles about the situation. We have some really good investigative journalists covering our sport.
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Post by irf on Jun 27, 2024 22:00:20 GMT
There's no mud slinging in that article or random gossip. No grudges being played out against individuals
Exactly how it should be. IMO
I agree its an informative article
One thing missing is the Kevin Routledge statement about prior investor interest that the journalist Hodge (sorry don't know his full name) has put into the discussion on his twitter feed
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Post by irf on Jun 27, 2024 22:06:42 GMT
Om Head over to hoopsfix for a really good read, he breaks it all down of what's happened. Be careful though, he does mention Kevin's name Yes good read. I've read it twice. No mention of Kevin Routledge at all in anything I can see |
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Post by tallerman on Jun 28, 2024 11:14:09 GMT
Om Head over to hoopsfix for a really good read, he breaks it all down of what's happened. Be careful though, he does mention Kevin's name Yes good read. I've read it twice. No mention of Kevin Routledge at all in anything I can see It's been edited to remove the allegations |
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Post by irf on Jun 28, 2024 12:21:47 GMT
Yes good read. I've read it twice. No mention of Kevin Routledge at all in anything I can see It's been edited to remove the allegations I asked hoopfix a question and just got the following answer on twitter: x.com/Hoopsfix/status/1806579285144093054?t=naem7O0Fpc2M8AFitwdvWQ&s=19Which backs up exactly what I have been saying above Personal grudge being played out on twitter and also now creeping on to here via donthatetheplayer |
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Post by foxtrot27 on Jun 29, 2024 7:13:56 GMT
All this is now water under the bridge. And all this talk of other investors waiting in the shadows is bollocks. With all the shenanigans I cant see anyone investing real money anytime soon. The talk about the license is also misguided. It has no value given the dire state of funding from UK Sport, Sport England etc. until they step up with a real plan and substantial funding, the sport is dead as far as credible outside investors are concerned.
A good example is how France has come so far with their government support and help from the NBA.
We've had our chance. As Alton Byrd said, its a missed opportunity. So we have bottled it to the point that we seem to only attract chancers from America and that has now blown up in our faces.
We must face reality and until the sport gets proper public support, private investment will continue to be elusive.
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Post by irf on Jun 29, 2024 7:47:28 GMT
All this is now water under the bridge. And all this talk of other investors waiting in the shadows is bollocks. With all the shenanigans I cant see anyone investing real money anytime soon. The talk about the license is also misguided. It has no value given the dire state of funding from UK Sport, Sport England etc. until they step up with a real plan and substantial funding, the sport is dead as far as credible outside investors are concerned. A good example is how France has come so far with their government support and help from the NBA. We've had our chance. As Alton Byrd said, its a missed opportunity. So we have bottled it to the point that we seem to only attract chancers from America and that has now blown up in our faces. We must face reality and until the sport gets proper public support, private investment will continue to be elusive. What is proper public support though? We've got football, rugby, cricket in the UK as mainstream team sports people support in numbers and shown worldwide on TV Boxing, darts, snooker, tennis, golf, athletics, F1 as individual sports supported well and shown worldwide on TV There's so many sports established in UK with worldwide interest isn't it just the case basketball is more a niche special interest sport over here In football every team has its own chat forum for example which would be way bigger than this one (some teams have multiple forums) We have one forum for the whole of basketball (assuming we no longer count whatsbev) Theres not many people UK wide who even want to chat about basketball over here. Lets be honest? Hasn't basketball just found its natural level in the UK? And shouldn't we just enjoy it for what it is? There's only so many sports the UK public can support in numbers |
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Post by foxtrot27 on Jun 29, 2024 8:12:46 GMT
All this is now water under the bridge. And all this talk of other investors waiting in the shadows is bollocks. With all the shenanigans I cant see anyone investing real money anytime soon. The talk about the license is also misguided. It has no value given the dire state of funding from UK Sport, Sport England etc. until they step up with a real plan and substantial funding, the sport is dead as far as credible outside investors are concerned. A good example is how France has come so far with their government support and help from the NBA. We've had our chance. As Alton Byrd said, its a missed opportunity. So we have bottled it to the point that we seem to only attract chancers from America and that has now blown up in our faces. We must face reality and until the sport gets proper public support, private investment will continue to be elusive. What is proper public support though? We've got football, rugby, cricket in the UK as mainstream team sports people support in numbers and shown worldwide on TV Boxing, darts, snooker, tennis, golf, athletics, F1 as individual sports supported well and shown worldwide on TV There's so many sports established in UK with worldwide interest isn't it just the case basketball is more a niche special interest sport over here In football every team has its own chat forum for example which would be way bigger than this one (some teams have multiple forums) We have one forum for the whole of basketball (assuming we no longer count whatsbev) Theres not many people zuzk widecwho even want to chat about basketball over here. Lets be honest? Hasn't basketball just found its natural level over here? And shouldn't we just enjoy it for what it is? Public support meaning public funds, UK Sport, Sport England etc. If UK government is not willing to invest what it takes to have a real basketball program, why would anyone else. This drip feed, cap in hand approach does not work and doesnt show real commitment. And this is a concern for private investors and quality sponsors I would think. They seek an ROI and there are more opportunities where that is perceived as achievable at least. Basketball seems too messy, unorganised and chaotic to attract private investment and meaningful commercial sponsors. Certainly niche. It would take a new model, with competent management who are committed to commercialise and build the sport over a decade. Not sure if this lot exists at present. |
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