Concerns persist over 777 Partners amid Everton takeover debacle
Despite persistent inquiries into potential issues within their portfolio, 777 Partners remains steadfast in dismissing any doubts surrounding their involvement in the Everton takeover. According to The Athletic’s Matt Slater, the group maintains that any short-term obstacles are simply inherited or common commercial challenges.
Assurances have been given that they are actively rectifying any inherited issues and that commercial disputes are par for the course for large companies like theirs. However, lingering concerns surrounding 777 Partners include financial uncertainties, the origin of their earnings, ongoing legal battles in the U.S., and questionable operational decisions at their various businesses.
Of particular relevance to Everton’s situation are the protests against 777 Partners’ ownership from fan groups at clubs like Standard Liege, Hertha Berlin, and Vasco da Gama. These demonstrations during matches indicate growing discontent with the potential new owners.
Moreover, recent doubts have surfaced regarding 777 Partners’ ability to adequately fund Everton, especially in light of revelations regarding their London Lions basketball team. As the controversy surrounding the Everton takeover unfolds, the list of apprehensions surrounding 777 Partners continues to expand, heightening concerns and spreading unease among stakeholders.
