Everton takeover: ‘Desperate’ 777 update emerges ahead of possible second points deduction

777 Partners were informed of the Everton points deduction appeal verdict at the same time as the club and are now “desperate to get to work”, a source told i News.

The outlet reported via their website on 26 February, after the announcement of the sanction being reduced by four points, that the prospective new Toffees owners remain “fully committed” to the deal, and “that won’t be shaken, whatever happens with the second charge”.

Another points deduction is considered likely, although it could well be cut down on the grounds of double jeopardy, but the Americans are reportedly unmoved.

Having been asked for more information by the Premier League they continue to wait for a verdict on their bid, with the delay now virtually double the norm, but sources told i News that the near-£190million loans provided in that time demonstrate their “total commitment to the takeover”.

Everton takeover uneffected by points deductions

The Miami-based firm pouring tens of millions into the club while being made to wait for an answer does show commitment to the process, but having got this far it would arguably make less sense to do anything different.

It has been suggested that they need Everton as much, if not more, than the Toffees need them [Josimar, 16 February], with the new stadium in particular potentially crucial to them.

So the 777’s current position could be seen as anything between staunch commitment to support the club and an increasingly-high stakes bet.

Josh Wander, one of the co-founders of 777 Partners who want to buy Everton
Dan Friedkin has succeeded where Josh Wander and 777 failed at Everton.

Everton have cleared one major hurdle in terms of their immediate predicament in the Premier League, but as ever they continue to come thick and fast.

It looks clear that their potential new owners are going to stick it out until they finally get a yes or no either way, which at the very least provides a tiny bit of near-certainty in a sea of anything but.

In other Everton news, a major cash-plus-players swap deal could be on the cards after the club responded to a transfer approach.

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