Everton takeover: ‘Significant’ development as 777 strike deal on Premier League discussions.

An agreement has been established between 777 Partners and the Premier League for face-to-face talks about the Everton takeover, according to Paul Joyce.

The Times journalist stated on the paper’s website late on 27 February that the American company will now meet in person with the league as part of the “final decision-making process”, having waited since September for an answer.

Discussions in person between Richard Masters’ office and the prospective new Toffees owners are considered as a “significant” move, with the company so far having loaned over £190million to the club for day-to-day running expenditures since negotiating their deal with Farhad Moshiri for his 94.1% stake.

The most recent development from the Premier League saw them ask the Miami-based firm for more information on the source of their funding, something which they felt had already been done.

777 Partners get closer to Everton takeover verdict with Premier League meeting?

777 and Everton have been forced to arrange an extension of the deadline between them for the process to go through having already seen the previous one expire, amid no little dissatisfaction on both parties with the delay in a ruling from the league.

One way or another this undoubtedly gets the club a huge step closer to gaining an answer on their long-pending takeover.

It perhaps begs the question as to why it has taken nearing six months for any face-to-face meetings when this must have been achievable at numerous occasions prior.

The convoluted structure of 777’s make-up is reported to have presented issues in determining their eligibility, which has itself been called into question periodically since their transaction with Moshiri.

Whether they are correct to take over or not all parties need to bring the uncertainty to an end.

In other Everton news, a big-money swap deal with a European giant could potentially be on the cards after the Toffees replied to a transfer offer.

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