Latest Report: What 777 Partners are now expecting the Premier League to do this week
Latest Report: What 777 Partners are now expecting the Premier League to do this week
It appears as though the lengthy takeover of Everton by 777 Partners may finally be coming to an end.
After reaching an agreement with Farhad Moshiri in September, the length of time it has taken the Premier League to decide whether to ratify the agreement has come under scrutiny. However, according on information that surfaced earlier today, it appears like the Toffees will finally find out what will happen to them and whether they will be exchanging their unfortunate Iranian owner for this controversial Miami-based company.
There should be contact fairly soon, and an official decision not too long after. However, when can residents of Everton anticipate receiving a decision? What’s new with 777 Partners?
This looks to have been the quiet before the storm, as we have seen things go silent on that front.
As The Telegraph has reported, an outcome is now anticipated.
Journalist Tom Morgan writes: “As the top tier’s directors and owners’ test finally comes to an end, Everton and 777 Partners are anticipating contact from the Premier League this week.” The Miami-based consortium has addressed all outstanding queries, and the club remains optimistic that it will find out its fate in the next two weeks.
The process has been bogged down by their lack of transparency, but now that it has been resolved, it appears that the clarity may translate into a conclusion. Morgan goes on: “A precise date for a decision is anticipated to be included in Premier League contact with 777 in the upcoming days.”
“Even though 777 had hoped to close the deal by Christmas, there is still hope that it will be approved in the end.”
Finally, a resolution for Everton
At least this will signal the end of one of their endless waits, which are killing the fan base, whether it is approved or not. From the Premier League’s perspective, it makes no sense to keep supporters in the dark unless they have something to conceal. But to their credit, 777 Partners’ misbehavior appears to have put a stop to this takeover scenario.
They want to add the Toffees to their extensive portfolio of multiple clubs, but it’s unclear if they will be successful or not.
Whatever the outcome, though, it may finally signal a time of stability with an owner whose only concern should be their predicament. That is still to be determined.
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