Everton borrow more money from 777 Partners to cover wages and stadium costs

United Kingdom News News

Everton borrow more money from 777 Partners to cover wages and stadium costs
United Kingdom Latest News,United Kingdom Headlines
  • 📰 i newspaper
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 89%

Everton could also hear the verdict of their second alleged breach as early as next week

‘s would-be owners 777 Partners will advance another loan to the club at the end of March to cover wages and costs ofThe loan is being sanctioned with the anticipation of a decision on their long-running takeover finally being made after the Easter break, with sources close to the US group insisting it is now “highly likely” another tranche of funding will be made available to the club.

A deal was first struck in September and fans, 777 Partners and owner Farhad Moshiri are all understood to have pressed the Premier League for much-needed clarity. There have been claims of alternative interest from US investors but Moshiri has signed an exclusivity agreement with 777 Partners so is unable to explore those further until there is a definitive resolution on the deal he struck in the autumn of 2023.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

i newspaper /  🏆 8. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kieran Maguire: New 777 Partners ‘threat’ towards Everton is a ‘serious cause for concern’Kieran Maguire: New 777 Partners ‘threat’ towards Everton is a ‘serious cause for concern’The inside track on the football stories that matter
Read more »

Everton takeover: 777 Partners hint at when decision will come as wait goes onEverton takeover: 777 Partners hint at when decision will come as wait goes onThe wait over a decision on 777 Partners' proposed takeover of Everton appears set to continue
Read more »

Everton move step closer to 777 Partners takeover after Premier League 'minded to approve' proposed dealEverton move step closer to 777 Partners takeover after Premier League 'minded to approve' proposed deal777 Partners have moved a step closer to a takeover of Everton after receiving a letter from the Premier League in which it is 'minded to approve' the takeover.
Read more »

Proposed new Everton owners 777 Partners move closer to takeoverProposed new Everton owners 777 Partners move closer to takeoverProposed new owners of Everton Football Club, 777 Partners, have received a letter from the Premier League indicating their approval of the takeover. However, certain conditions need to be met before full approval can be granted. The group has been in discussions with majority shareholder Farhad Moshiri and has been providing funds for the club's working capital and stadium costs. The deal is expected to reach £200m by April.
Read more »

Everton takeover: 777 Partners latest after Premier League approval claimEverton takeover: 777 Partners latest after Premier League approval claimA report claims to have seen a letter from the Premier League board to 777 Partners saying 'it is currently minded' to back the offer to complete a takeover of Everton
Read more »

Everton takeover: Supporters call for answers from Moshiri, 777 and EPLEverton takeover: Supporters call for answers from Moshiri, 777 and EPLThe Everton Fan Advisory Board want answers from Farhad Moshiri, the Premier League and 777 Partners
Read more »



Render Time: 2025-02-19 22:12:52