Everton takeover hits ‘major roadblock’ – Keith Wyness reveals all

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Everton takeover hits ‘major roadblock’ – Keith Wyness reveals all
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, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – admitted there can always be a “last-minute shock” when the legal system is involved.

The Friedkin Group returned to agree an Everton takeover earlier this week after pulling out in July over headaches about the mess left by 777 Partners. A-Cap have assumed 777’s share in the club but have been prevented from selling it by a court case brought by Leadenhall in New York – with court approval needed before a deal is done.claim the Friedkin Group will pay almost £200million to clear the loan – with the remaining balance made up of payment-in-kind notes and warrants.MORE INSIDER STORIESWyness claimed “every legal expert I’ve spoken to has said this should still go through”.

“The other big issue which needs resolving is the Friedkin Group presenting a structure to a judge in the Leadenhall v 777 Partners court case.“It still has to be agreed, although all the noises are suggesting the judge will approve it.“But I really don’t think this is a major roadblock. Every legal expert I’ve spoken to has said this should still go through.

“Everything’s moving forward now and they’ve had the experience of buying Roma, they know what they are doing.”

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