Everton transfer news, rumours, gossip and speculation including the latest on 777 Partners deal being agreed, Farhad Moshiri reaction, Premier League approval and more
Welcome to our Everton live blog for Tuesday, September 19.
Reports yesterday evening emerged regarding the position of 777 Partners, with the Blues believed to have received a 'sizeable loan' from the investment firm. A separate report suggested 777 Partners will have to pay £140 million provided by two lenders for the club’s new stadium should their deal to replace Farhad Moshiri at the helm proceed.
It was confirmed last Friday Moshiri had agreed a deal to sell his 94.1% Everton shareholding to American group 777 Partners. The organisation hopes to complete its takeover of the club before the end of this year. The move would see Everton added to a portfolio of teams 777 has already either invested in or acquired that includes Hertha Berlin, Sevilla and Standard Liege.
It would bring an end to Moshiri’s troubled reign at Everton, a tenure that has seen the club move backwards despite hundreds of millions of pounds being spent on transfers and the launch of the development of a new waterfront stadium.
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Everton takeover news live - 777 Partners message, Gomes claimEverton transfer news, rumours, gossip and speculation including the latest on 777 Partners deal being agreed, Farhad Moshiri reaction, Premier League approval and more
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Everton receive sizeable loan from 777 PartnersEverton have received a sizeable loan from prospective new owners 777 Partners. It was announced last week that the American investment firm has an agreement to buy the club from Farhad Moshiri, subject to an approvals process. Details of the financing have not been disclosed but amid Everton’s perilous financial situation — influenced by the mounting construction costs for their Bramley-Moore Dock stadium — it can be revealed that 777 has already made a payment worth tens of millions. Premier League rules prevent the company from investing directly into Everton via an equity injection,...
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Everton to receive hefty financial loan from new ownership 777 Partners, pending takeover approvalEverton's potential new owners, 777 Partners, are said to have loaned 'tens of millions' of pounds to the club as they wait for takeover approval.
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Everton needs Premier League 'protection' during 777 takeover processFootball Insider has been told by Kieran Maguire that the Premier League needs to 'protect' Everton from 777 Partners if they are not fit to run the club.
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