Kevin Malone might be new Everton owner as he jets in with Farhad Moshiri ready to dump 777
Farhad Moshiri could pull the plug on 777 Partners’ chance of purchasing Everton with Kevin Malone looking like he could potentially step in to take charge.
Alan Nixon revealed (5 May) that Malone was heading up a consortium who are interested in purchasing the Toffees.
He has prior experience running a sports team as he was involved with the LA Dodgers and he is now looking to transition to football.
The latest news from The Times Sport (8 May) has suggested Moshiri is looking to terminate an agreement with 777 Partners due to doubts over their finances.
This could see Malone step in to take pole position in the race to purchase Everton.
Would Kevin Malone be a popular choice for Everton fans?
It has been clear for a long time that Moshiri is desperate to part with Everton and this could pose a great opportunity.
Loans from 777 Partners are keeping the club alive and with the agreement set to be cancelled between the two parties, relief is needed.
With Malone looking like he is ready to take up the mantle, Malone could be the solution to the current problems.
With points deductions and uncertainty rife this season, Toffees fans can be hopeful of some positivity with these reports.
There is no guarantee that it will be Malone that comes in to take charge but he could represent a step in the right direction.
Given that 777 Partners have had plenty of issues with clubs that they already own such as Standard Liege, what problems may they have bought with them?
This news coming from Moshiri may represent a step in the right direction towards financial security in the future.
In other Everton news, Farhad Moshiri’s two Everton wishes shared in 777 Partners saga as deadline has now been set.
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