Thursday deadline emerges for potential Everton owners 777 Partners deal at Vasco
The deadline is on Thursday, 5 October, for potential Everton owners 777 Partners to make their investment at Brazilian club Vasco da Gama.
According to Globo on 5 October, they were supposed to invest £15.9million into the club at the start of September and then had a one-month extension but still did not get it done.
If this isn’t done by Thursday then Vasco will have the chance take back control of the club by rebuying their shares for a symbolic value of R$1k (around £160).
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777 Partners’ plans are clear, they want to establish their name in football and get the most from their investments in different clubs.
They’ve taken over a number of teams such as Genoa C.F.C. in Italy, Standard Liege in Belgium, Red Star F.C. in France, CR Vasco da Gama in Brazil, and Hertha BSC in Germany.
However, there have been things that haven’t met the eye at a number of clubs including their current saga at Vasco.
They were supposed to inject £15.9million into the club by the 5th of September and that didn’t happen and are at the end of another deadline too.
Farhad Moshiri’s been an extremely unpopular owner and the 777 Partners do not seem to be any better, given these reports.
Everton fans will be hoping that they do have concrete plans of taking the club in the right direction.
In other Everton news, a condition has now emerged on Sean Dyche being sacked amid trouble behind the scenes at Goodison Park.