Documents emerge as 777 Partners forecast Everton losses already
Prospective new Everton owners 777 Partners are forecasting £100m-plus in losses across its eight football teams, according to Bloomberg.
The sports business news outlet shared on 7 December that documents emerged revealing that 777 Partners are forecasting €180 million (£194 million) in losses across its eight football teams for 2023 when Everton is included.
The FA and the Premier League are still undergoing checks regarding 777 Partners as the latter will have the final say over any new developments.
And another twist in the long tale of this forthcoming purchase has raised further confusion about the ongoing process and whether or not the group will be allowed to complete their takeover at Goodison Park.
Another new issue
It seems the problems concerning 777 Partners are ramping up with every passing week making their prospective takeover at the club littered with several issues.
Everton boss Sean Dyche may well be getting fed up with all of the takeover talk at the club, with the boss simply wanting to focus on matters on the pitch.
However, when a club is embroiled under such financial issues and a potential new takeover, they simply cannot get away from it but the number of issues that emerge within 777 Partners makes their takeover a bit tainted.
Questions and doubts will certainly be arising within the Toffees fanbase over whether they are the best candidates to take the club forward in the long term.
£194 million in losses across their eight clubs screams of incompetence and lack of strategic planning, and Everton have already have years of that under Farhad Moshiri.
Certainly, the Everton fans are desperate to see the back of their majority shareholder right now but 777 Partners aren’t giving off the vibe that they are capable and dependable replacements. Worrying.
In other Everton news, a Sky Sports pundit was amazed by something he saw after the Toffees’ win at Nottingham Forest.