Dan Plumley has maintained that the assertion made by 777 Partners that they won’t be funding Everton after March is a fresh attempt to put pressure on their takeover offer.
The buyout proposal has been ongoing for months, and last week the American investment group met with the Premier League to try and resolve certain issues.
The football finance specialist acknowledged that 777 had previously threatened to stop funding, but insisted that additional funding was necessary if they were serious about the acquisition.
“You’re using historical data as a reference,” he said exclusively to Goodison News.
“As we observed at the time, they had previously stated this in January.
They have now extended the deadline, but they haven’t stopped investing, so it’s likely more of a pressure move than a definitive moment in time; if they decide to proceed with a takeover, they will need to provide further funds.
From what we’ve seen, it appears to be a little bit of a pressure strategy, and it fits into the larger picture where neither side is contributing enough to the conversation to push things over the edge for whatever reason.
“Some of those reasons, we just don’t know looking in.”
777 Partners takeover twist at Everton
In the same week that Josh Wander hit back at some Everton fans, the latest threat to cut funding could show that the pressure is getting to 777.
The Premier League are unlikely to make an immediate decision after this meeting, and another panel needs to go over things following that too.
All that together means we are likely to go past March, let’s see what they do then.
