Everton: Yet more 777 Partners concerns emerge ahead of proposed Goodison Park takeover
The Esk has reacted to yet more “worrying” news regarding 777 Partners ahead of their proposed takeover at Everton.
There have been plenty of negative stories regarding the American investment fund in recent months, but not without merit.
Concerns have been raised regarding whether 777 have the adequate funds, and if so where exactly that cashflow is coming from.
In a report by the Financial Times on Monday (25 March), 777 was mentioned personally amid concerns over private equity firms.
Everton financial expert The Esk raised the point on his personal X account [26 March] in a discussion with others.
“The withholding of customer prepayments by the payment services company Peoples Group is a worrying development,” The Esk said.
Concerns raised as 777 Partners await Everton takeover verdict
This development comes on the back of A-Cap informing 777 its exposure would be reduced to zero by around May time.
The whole 777 situation is hugely complicated, and it is why many supporters are in the dark as to whether this is good for the club or not.
Many also fear that, should this takeover collapse, Everton will be left in the lurch and the doomsday scenario would be liquidation.
Only time will tell on that front, but it does look as though 777’s takeover will be approved soon after months of waiting.
In the meantime, do not be surprised to see more concerns – justifiably so – raised regarding the imminent owners.
In other Everton news, a lawyer has reacted to comments made by Luton Town’s Andros Townsend regarding the Toffees and Nottingham Forest.
For more Everton news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.