The lengthy takeover by Everton has continued far too long and hasn’t done much to improve 777 Partners’ standing in Merseyside.
When they initially reached an agreement with Farhad Moshiri back in September, many worries were raised, and ever since, they have only served to allay the concerns of the fans.
They, too, are beset with financial intrigues that the Toffees should avoid, particularly in light of the recent revelation that they may have violated the Premier League’s profit and sustainability regulations twice this season.
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Regardless, a buyer is needed soon, with the Toffees now depressingly reliant on loan funds just to pay for their day-to-day running.
But, what’s the latest on the takeover? Is it close to completion? We take a closer look…
What’s new with Everton’s acquisition?
It was recently announced that clearance would be received before the end of the month; this is just one of many assurances that very few people believe would be kept.
Paul Brown, a journalist, has been among the more pessimistic critics of 777 Partners, but he has been correct nearly all the time thus far.
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