Everton unable to attract investment after Premier League issue statement
Everton will reportedly face “huge” implications as the Premier League have confirmed that it referred to the club’s alleged breach of Profit & Sustainability rules.
According to Paul from the Esk, who has worked as a journalist at the Liverpool Echo, The Observer and the Examiner, investors were stalling putting their money into the club because of the impending announcement.
Now, these hopes remain dead in the water until the matter isn’t resolved with points deduction very much on the cards.
The report read, “This referral has huge implications for Everton. The ability of the club to attract fresh investment to complete the building of the stadium was stalling prior to this announcement. Until this matter is resolved, then it is dead in the water. We will not attract investment until this matter is concluded.”
Shameful
This club finds a way to hit new lows each time and it’s not looking good for the future as this appears to be a serious threat.
Whether or not it results in a points deduction remains to be seen but it appears that there is something not above the book here.
A Miami-based firm were looking to invest money into the club recently and looking at news, they may decide to steer clear.
Everton are so badly run and the problems begin with Farhad Moshiri as he’s clearly not able to turn things around no matter how much money he’s willing to spend.
Along with him, Bill Kenwright and many boardroom members need to step aside as they’re not fit to be in charge of this historic club.
Fans have stuck by the side in such tumultuous times and it still feels like their interests are not being properly represented.