Everton's potential new owners, 777 Partners, are said to have loaned 'tens of millions' of pounds to the club as they wait for takeover approval.
described the takeover as "a performance-related deal" in which the Americans would buy out the Monaco-based businessman's shareholding in stages, with much depending on whether the club remains in the Premier League after this season.Everton is working to finish building its new stadium at Bramley-Moore Dock in the meantime which is still facing some shortfalls. This is despite the recent injection of almost £100 million by MSP Sports Capital.
, 777 Partners' management, including co-founder and managing partner Josh Wander are pleased with club manager Sean Dyche and director of football Kevin Thelwell's work and intend to keep them in their current roles should the buyout succeed.The acquisition remains subject to Wander and his associates passing the League's new Owners and Directors Test, which was just implemented to judge the fitness of prospective owners of England's top-flight clubs.
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