Everton: 777 Partners takeover likelihood at Goodison Park rated by financial expert
The Esk believes 777 Partners have just a five per cent chance of completing a takeover of Everton.
The Everton financial expert was speaking to the Daily Mail [26 March] in an article summarising the latest goings on at Goodison Park.
777 Partners have run into a number of problems since first agreeing to buy out Farhad Moshiri in September last year.
The article, written by Ian Herbert, read: “The leading Everton financial analyst, The Esk, tells me he believes there is a mere five per cent chance of the takeover happening.
“‘The way 777 are viewed in the investment community, I also find it hard to believe another company will come in with them’.”
Are Everton relying on 777 Partners to finalise takeover?
Quite what the future holds for Everton should the American investment fund be unsuccessful with their takeover, which has dragged on for far too long now, remains to be seen.
In the doomsday scenario, the club simply fails to pay off debts and goes bust. That is a long way off happening, though, you’d suspect.
The hope is that there is another investor, or investors, with more steady financial backing behind them waiting to come on board should 777 Partners get the thumbs down.
That may rely on absent backer Moshiri lowering his asking price, which only 777 seemed okay with matching.
If The Esk’s estimation is anything to go by, it may well be that we are back to square one very soon indeed in a saga that just seems to drag on and on and on.
In other Everton news, a lawyer has reacted to comments made by Luton Town winger Andros Townsend regarding the Toffees and Nottingham Forest.
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