Sources close to MSP have indicated they do not approve of 777 Capital Partners and would consider calling in their loans. There are very real doubts that 777 Capital Partners could afford to pay off both loans in addition to taking on the club’s debts and stadium construction. He faces stadium interest repayments of £30m a year after the club extended their stadium loans to cover the construction costs. A statement by 777 Capital Partners stated they expected the sale of Everton to be completed before the end of the year. It is understood that 777 Capital Partners are subject to active proceedings alleging such offences — which are denied by the company and remain unproven.

Source: Express September 17, 2023 18:06 UTC