Everton supporters will wince when they learn that 777 Partners’ loan has a Premier League takeover condition.
The Premier League already possesses sufficient grounds to challenge the club’s decisions regarding the takeover and the Financial Fair Play (FFP) penalty, without requiring any additional support from this recent development in the takeover saga.
Supporters of Everton have been left uninformed about the progress
of this takeover for an extended period, with scarce updates emerging since 777 obtained
approval from the Financial Conduct Authority in 2023.
However, the manner in which the firm has conducted its affairs since agreeing to the stake with Farhad Moshiri, and even prior to that, has completely drained the enthusiasm of fans who had
eagerly anticipated the departure of Everton’s majority stakeholder.
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