Everton’s owner, Farhad Moshiri, has always sounded extremely confident that he will be selling the Premier League club to the US investment firm 777 Partners. Without 777’s cash injections – or fresh funding from elsewhere – the club would appear unable to meet all of its financial obligations. “If the takeover doesn’t happen, or a takeover, then it will probably be juggling dust, not sand,” he said. The 94% stake in Everton, which is held by a Moshiri Isle of Man company, would probably also be worthless. The jobs of some staff working for the club could also come under threat.

Source: Sky sports May 10, 2024 12:08 UTC