The attempted takeover of Everton by 777 Partners was hit with new questions on Tuesday, though the arrival of a funding package eased some immediate concerns over the club's finances
777 Partners remain committed to completing a takeover of Everton but questions over its ability to do so intensified further amid a day of chaotic developments.
While that process has been ongoing, 777 Partners has been sending tranches of money to help the Blues meet their operating costs and cover payments for the club's new waterfront stadium development. Those support packages have now reached a total of £200m and one of the conditions laid down by the Premier League was that, should the deal go ahead, that debt would be converted into equity.
However, as a club embroiled in crisis for much of the past three years appeared set for a much-needed respite from controversy following the win over Brentford that guaranteed survival, the storm clouds quickly returned. What started on Tuesday as news that Bonza, the low-cost Australian airline owned by 777 Partners, had fallen into voluntary administration quickly snowballed into a far bigger issue with implications for the Everton takeover project.
The issues faced by 777 Partners, along with those raised by the scrutiny that followed its attempt to venture into the Premier League, have long left supporters of Everton concerned about who might replace Moshiri at the top of the club.
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