Premier League responds to a query from a BBC journalist regarding the ownership of Everton 777 Partners
The Premier League has declined to provide comments regarding the ongoing Everton takeover process involving 777 Partners, as reported by BBC Sport.
Despite the deal between the Miami-based investment firm and Farhad Moshiri, the current
owner of Everton, being agreed upon in September, formal approval from the Premier League is still pending.
During this waiting period, Everton has accrued a debt of £160 million to 777 Partners, as
the club took loans for operational expenses.
However, the Premier League has refrained from disclosing any information regarding
the status of the takeover, as confirmed by BBC journalist Giulia Bould in a recent tweet.
This lack of transparency from the Premier League has sparked frustration among Everton supporters, who rightfully seek clarity on the situation surrounding their football club.
Following Everton’s recent 10-point deduction due to past decisions made by club owners
and directors, there is a growing urgency for change within the club’s leadership.
Concerns have been raised regarding whether 777 Partners are the appropriate individuals to lead this change, prompting scrutiny from Everton fans.
However, while it’s understandable for the Premier League to conduct thorough checks,
the prolonged delay in providing answers raises questions in itself.
Comparisons have been drawn to the relatively swift approval of Sir Jim Ratcliffe’s takeover
of Manchester United, announced months after the 777/Moshiri deal.
This inconsistency in approval timelines adds to the frustration and uncertainty surrounding
the Everton takeover.
Ultimately, the lack of transparency from the Premier League is exacerbating the situation for
all parties involved, causing unnecessary difficulties and concerns among Everton
supporters and stakeholders.
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