As Moshiri works with the questionable 777 Partners over a possible deal, Gregg has some words of warning.
Gregg told the Liverpool Echo: When Farhad Moshiri came in, Bill (Kenwright) must have benefited financially because he was a shareholder.
The Ukraine war hasn't helped because it stopped the Russian money flowing in and I think all those things have just added to the position where they are today.
I think actually if Moshiri held his breath and changed his management views on the club then I think maybe the club could move forward, even in an interim basis. I think he's got to say goodbye to 777.
The fans don't want them, they're being sued across the world for various things so the bad news is they can't deliver the money. The answer is 'goodbye,' I can't see how he's got any other conversation with that."