Everton: The takeover’mess’ goes on as the issue about Farhad Moshiri remains unresolved
777 Partners is still awaiting Premier League approval for their proposed takeover of Everton, raising questions about Farhad Moshiri’s commitment to the bid amidst ongoing delays, as highlighted by journalist Andy Hunter. Despite Moshiri accepting 777’s offer for his majority share in the club
156 days ago, the approval process remains unresolved. In contrast, Sir Jim Ratcliffe’s
Manchester United takeover was approved in just 51 days.
Hunter’s observation prompts scrutiny of Moshiri’s persistence with 777 Partners, especially considering reported interest from other potential investors.
Concerns surrounding 777, including fan protests and legal issues in the U.S.,
further underscore the uncertainty surrounding the takeover.
Recent developments indicate that 777 Partners is growing impatient with the delays,
as they are being asked to provide additional proof of funding amid lingering doubts.
If the Premier League does not grant approval, Everton could find themselves restarting
the search for a new bidder, prolonging the uncertainty surrounding the club’s ownership and direction.
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