Kieran Maguire: Farhad Moshiri has put Everton in ‘danger’ amid £40m update

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Kieran Maguire: Farhad Moshiri has put Everton in ‘danger’ amid £40m update
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Farhad Moshiri has put Everton in ‘danger’ by failing to support them financially during the takeover process.that the situation at Goodison Park is ‘deeply concerning’.with US investor group 777 Partners in September, but the prospective new owners of Everton are still being assessed by the Premier League.

In the meantime, they have provided the Toffees with short-term loans in order to help the club manage daily operating costs., the loan was initially worth £20million, but it has since been increased to £40million amid concerns over the takeover delay. The £40million loan could be converted to equity by 777 Partners if they do acquire the club, but if the takeover falls through then it adds to the huge debt at Everton.Maguire believes current owner Moshiri has put Everton in ‘danger’ as he has ‘washed his hands with the club’.Farhad Moshiri seems to have washed his hands of the club in terms of support, and that’s always a danger.

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