Everton, a Premier League football club, faces uncertainty as bidder 777 Partners calls in restructuring experts amid a potential takeover. The club's majority shareholder, Farhad Moshiri, has extended the agreement with 777 Partners but is exploring alternative options if the takeover fails. The Premier League has set conditions for 777 to become Everton's owner, raising doubts about the takeover's approval.
The Everton owner Farhad Moshiri is speaking to other bidders over the sale of the club in the event of the proposed takeover by 777 Partners falling through. Read the full story below 🔽 https://t.co/zUZqWm9OMk
Everton confirm to @EFC_FanAdvisory that purchase agreement between 777 Partners & Farhad Moshiri runs out at the end of the month Also say “plans are in place to progress alternative scenarios should 777 not complete” https://t.co/rib7ZnWNgY
Everton blow as Premier League chief drops biggest hint yet that takeover will NEVER be accepted | @MartinLipton https://t.co/KxnUDxGTYD
Everton majority shareholder Farhad Moshiri has extended the agreement with 777 Partners to take over the club until the 31st of May. If that fails, Moshiri will look at alternative options to sell the club 🔵 https://t.co/CqVB0nX1DG
Premier League Chief Exec Richard Masters says that Everton owner Farhad Moshiri still wants to sell the club to 777 Partners 🔵 https://t.co/WFXinniVL1
“The PL has been very clear the conditions that have to be met by 777 if it wishes to become the owner of Everton.” PL chief exec Richard Masters asked in parliament by @DamianCollins why it has not yet rejected a takeover of Everton FC by 777 Partners in months-long saga ⬇️ https://t.co/O5YcsZrVsx
“The PL has been very clear the conditions that have to be met by 777 if it wishes to become the owner of Everton. At the moment obviously the takeover hasn’t been confirmed. I will leave it for the committee to make its own conclusions where we are" - Richard Masters. 🔵 https://t.co/gPfsnEFxp7
💠 The 8 point deduction 💠 The Everton Team 💠 Takeover with 777 💠 Dealing with Moshiri 🤷♂️ "It can't be easy to work with that!" Rory Jennings backs #EFC Sean Dyche to win manager of the season https://t.co/vmKkRBDsWN
💠 The 8 point deduction 💠 The Everton Team 💠 Takeover with 777 💠 Dealing with Moshiri ❌ "It can't be easy to work with that!" Rory Jennings backs #EFC Sean Dyche to win manager of the season https://t.co/skDDhoPtAw
❗ The 8 point deduction ❗ The Everton Team ❗ Takeover with 777 ❗ Dealing with Moshiri 🤷♂️ "It can't be easy to work with that!" Rory Jennings backs #EFC Sean Dyche to win manager of the season https://t.co/63zKRZTIRR
Miami strife for 777 as Everton’s suitors call in restructuring experts to save the firm. This takeover isn’t pining, it’s passed on. It’s ceased to be, bereft of life. It’s gone to meet its maker etc etc. https://t.co/UNFNs1r2Ch
Everton on brink of administration and fresh NINE-POINT deduction as Toffees face fire-sale of top stars | @kenlawrence__ https://t.co/c0kZ8qlwIB https://t.co/AbOXKK9kHK
On the eve of Everton's final home game of the season, 777 Partners, the US investment firm trying to buy the club, has hired restructuring experts to overcome “various operational challenges" https://t.co/1aHv8l1rIH via @markets
What now for Everton? @mjshrimper explains the most likely scenarios (in ascending order): ▪️ 777 deal goes through ▪️ A new buyer emerges ▪️ Administration ▪️ Main creditors take control #EFC | #PL
Everton bidder 777 calls in restructuring experts - scoop from @SamuelAgini via @FT https://t.co/aqOI79V05C
Everton bidder 777 calls in restructuring experts https://t.co/Ueuz5APVyi
Everton and 777. What now? @mjshrimper explains the scenarios (spoiler - the first one’s not looking likely): 🔵 777 deal goes through ➡️ New buyer emerges ❗️ Administration 💷 Main creditors take control https://t.co/UsjiX6Bj0l