777 Partner suffer fresh setback as new £1bn Everton suitors emerge

777 Partner suffer fresh setback as new £1bn Everton suitors emerge

Everton could be set to be saved from this 777 Partners debacle, as a new consortium has reportedly entered the field of play. In what has been a one-horse race for so many months now, the frustration over delay after delay has spread from the Miami-based firm into the fanbase. All the latter want now is stability with which they can refocus a sinking ship, and the Premier League seem unwilling to offer them that on all fronts. However, with this latest report, a huge financial escape plan could be put in place by a mystery organisation seemingly laden with cash.

What’s the latest on 777 Partners’ Everton takeover

The latest comes via investigative journalist Philippe Auclair, who writes for Eurosport about what the future of Everton’s ownership might hold. As someone who has been a vocal detractor of 777 Partners alongside Paul Brown, it likely was with great delight that he was able to share this news.He writes: ‘The caution of the Premier League can therefore be understood, especially since a potential new buyer, who says he is ready to commit a billion, would have manifested himself. Save Everton, yes, but not at any price.’

Everton’s potential saviour emerges

It is widely known that 777 Partners are far from the perfect group to own Everton. But, at this point, with an owner that no longer cares and very few buyers desperate to get involved in this financial mess, they were simply the only option. But the time it has taken the Premier League to ratify them speaks volumes for their ability as custodians of a football club, unable to provide the necessary information, and clearly without the massive funds needed to ease the process. They seem supremely shady, and with credit ratings downgraded and the failure to even pay wages at some of their clubs, many have wondered how they might be able to take on the burden that is the Toffees.

This is a job that needs outstanding focus and immeasurable financial backing. It will not be easy to save this club from the brink, but if someone did, there remains a club with a bright future ahead. Perhaps this mystery buyer could now offer that, with an astronomical £1bn backing certain to rescue Everton in their hour of need. However, they must act fast, with it being widely accepted that a decision in 777 Partners will be made by the end of the month.

Read more news on:sportupdates.co.uk

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