Joe Williams has been Football365 News Editor since 2022. Loves all things Sheffield United.
Everton have brought in insolvency advisers amid fresh doubts over the takeover of the Premier League club by 777 Partners, according to reports.
Fans also asked for clarification on what would happen if the deal does not proceed, but Moshiri and 777 replied to assure them the takeover will go ahead and that the delay was down to the Premier League’s “approval process”. Moshiri, who first invested in Everton in 2016, said he remains “confident” 777 are the right partners to take control of the Premier League club.
“It is not ideal, but we must respect the Premier League’s process and hope that it is something that we must live with for only a little longer. “None of us thought that this process would take over six months, as opposed to 12-14 weeks, as was our expectation,” Wander said. ‘The move comes as the club are believed to still be waiting for a further £15m of loans that 777 had pledged to provide Everton with during April, according to one 777 source.
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.
Everton’s loans from 777 Partners exceed £200m after fresh injection of capitalThe American-based investment group have provided further financial assistance and hope to complete a deal at the end of May
Read more »
Everton takeover in doubt as 777 Partners firm administration and unpaid bills777 Partners are also understood to have missed payments to advisors and suppliers
Read more »
Everton give 777 final deadline to complete takeoverThe inside track on the football stories that matter
Read more »
Everton have a £6m reason for strong finish after new 777 cash injectionEverton could secure a significant improvement on their merit payments from last season with a good finish to the 2023-24 Premier League campaign
Read more »
Everton search for investment to complete 777 dealEverton are searching for third-party investment in order to push through a protracted takeover by 777 Partners.
Read more »
Everton search for investment to complete 777 dealEverton are searching for third-party investment in order to push through a protracted takeover by 777 Partners.
Read more »