777 Partners and Farhad Moshiri received new questions from the Premier League on Thursday (15 February) regarding the former’s ability to fund its 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.
Everton waiting game goes on
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.
For everyone associated with the club, especially in light of the upcoming takeover and the continuing construction of the stadium at Bramley-Moore Dock, that would be a worst-case situation.
Should their purchase proceed as planned, Miami-based firm 777 Partners will play a significant part in the club’s future, and the group is optimistic that it will be finished.
The only thing manager Sean Dyche can do is concentrate on the field, since the team’s next matchup is at home against Crystal Palace, another struggling team.
See more updates on https://sportupdates.co.uk/
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