Everton’s takeover saga could be facing a significant setback, much to the frustration of potential buyers 777 Partners. Despite their repeated efforts to secure the purchase of the club, the Premier League has yet to reach a decision on their suitability as owners.
After navigating a lengthy and messy PSR process, it seemed that 777 Partners would be next in line for approval. However, a new obstacle has emerged, casting further doubt on their bid.
The Miami-based firm has faced criticism and scrutiny over their financial structure, with reports suggesting that their funding sources are in jeopardy. With doubts swirling around their ability to fund the takeover, it appears increasingly unlikely that they will be granted ownership of the club.
For Everton and Farhad Moshiri, it may be time to cut ties with 777 Partners and seek a more stable and reliable investment option. Allowing an uncertain and financially questionable entity to take control of the club could have long-lasting negative effects. It is imperative for the future success and stability of Everton that a strong and secure owner steps in to guide the club forward. Moving on from 777 Partners may be the best decision for all parties involved.
