Everton takeover twist: Premier League in new approach to 777 Partners and Farhad Moshiri.
On Thursday, February 15, the Premier League sent further inquiries to 777 Partners and Farhad Moshiri concerning the former’s capacity to finance the purchase of Everton.
Journalist Paul Brown said on X on Friday, February 16, that Richard Masters, the chief executive of the Premier League, has stated that the approval procedure will take longer if no appropriate responses are received.
According to the official Everton website (15 September 2023), Moshiri’s entire ownership position in the team will be purchased by the US investment group.
The Everton waiting game continues.
Everton and 777 Partners have been involved in a protracted process that doesn’t seem to be coming to a conclusion, especially in light of the most recent development.
The uncertainty surrounding the completion date of the takeover is causing the Goodison Park supporters more anxiety than they already have with regards to on-field issues.
Undoubtedly, these issues are connected to those off it, but for the time being, many supporters will only be concerned that the players succeed in keeping the Toffees out of the Premier League relegation zone.
The Merseyside team is in serious risk of an unbelievable collapse to the Championship as they now sit in 18th place in the standings.
That would be a nightmarish scenario for everyone linked with the club, especially given the upcoming takeover and the continuing stadium construction at Bramley-Moore Dock.
777 Partners, a Miami-based corporation, is expected to play a significant role in the club’s future if their intended takeover is successful.
Sean Dyche’s emphasis is solely on the upcoming home game against Crystal Palace, a similarly struggling team.
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