Special ECHO report on the financial picture at Everton as 777 Partners wait in the wings for takeover from owner Farhad Moshiri
Concern around the state of Everton has now reached high-level political circles as one of the region’s most influential figures has sought reassurance over the club’s future.
The precise status of Everton’s finances is a subject of intense speculation and increasing concern as attention grows on a club that is central to the social and economic fabric of Merseyside. The instability that has engulfed the club has been fuelled by Moshiri’s long term search for investment - a hunt that started at least 18 months ago, which has seen exclusivity periods with two US groups end without a deal and, before the announcement of 777’s plan to buy his full 94.
The developments of recent weeks - starting with those deadline day sales - point to lingering concerns. September has been a month in which despite players leaving for valuable transfer fees, Everton’s search for cash has extended beyond football clubs interested in its first team and academy players.
Everton’s commitments to Rights and Media makes the lender one of the most influential outside voices to the club. It has been widely reported the group played a role in halting MSP’s investment bid over concerns about the impact it would have on its own arrangements. Sources close to both 777 and Everton have insisted it is not opposed to 777’s plans, though again, the organisation did not respond for comment when approached by the ECHO.
Football finance expert Kieran Maguire, author of The Price of Football, said: “Cash flow management is critical for Everton. Historically they have spent more money on a day-to-day basis than they have generated, although this has been addressed to an extent in 2023/24 through shifting some high wage earners off the payroll. In 2021/22 the club spent over £200m cash in terms of the Bramley-Moore Dock project, and it is the continued funding for this that gives the greatest concern.
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