Jim White reacts to Everton takeover news with new ‘cliff-edge’ verdict
Jim White has questioned whether or not Everton are on a financial cliff-edge ahead of their proposed takeover by 777 Partners.
The American consortium has signed an agreement with Farhad Moshiri for his 94.1% stake in the club, but doubts remain whether or not it will be accepted.
Simon Jordan admitted that the Toffees will be bought by someone, regardless of how this turns out, leading to White asking more questions than giving answers.
Speaking live on talkSPORT on September 19, as shared on their YouTube, White ended the snippet with a gloomy verdict ahead of yet more twists and turns ahead.
“We shall see,” he said.
“Everton, financially on a cliff-edge, well, we’ll find out if they were, or are in the fullness of time.”
Cliff edge?
Everyone knows the issues surrounding the club at this moment in time, they are very well documented and easy to find after a troublesome few years.
Losses are high and the upcoming investigation into profit and sustainability regulations in October do not currently make for good reading in regards to potential punishments.
So, what is needed to turn this around?
777 Partners will surely be confident of doing just that, or they would be banking big money to take the club from Moshiri, it would simply be stupid if they weren’t.
Stability is definitely the first thing needed at Goodison Park ahead of the move to Bramley-Moore Dock, which should be running fine after the loan from MSP Sports Capital.
After years of relative silence from those in charge, a fresh perspective with an open line of communication between the boardroom and fans would be welcomed massively.
Only time will tell with regard to the next steps, let’s hope there are some answers soon.
In other Everton news, a sack condition has now emerged on Sean Dyche amid the ‘Trouble’ behind the scenes at Goodison Park.