Everton face ‘poison pill’ takeover scenario as lenders may trigger clause this week
Everton could face an issue in their pursuit of securing a takeover with lenders considering a clause which could cause issues in the process, according to The Telegraph.
The outlet has reported on its online edition (12 June) that one source close to the process described this as a potential “poison pill” scenario for the Toffees.
Everton had looked to be edging closer to agreeing a deal with a prospective new owner but now complications have arisen.
The report adds that some potential suitors believe that lenders are “considering triggering a ‘right to veto clause’ as soon as this weekend” ahead of transactions the club could make next week.
Everton takeover bid damaged – again
The Toffees have suffered financial issues that have been well documented over the past year which have resulted in punishments.
This made the campaign much tougher for Sean Dyche and his side but they maintained Premier League survival with time to spare.
The bad news under Farhad Moshiri appeared to be over with the news that a period of exclusivity was set to be reached with a new owner.
Now it appears that lenders are set to scupper any opportunity that the club had to find a new owner by triggering a clause.
They could now find themselves no closer to finding a new party to take over with this set to cause a stalemate between buyers and Everton.
There have been links to 777 Partners which crashed and burned, while rumours suggested that John Textor could sell-up his Crystal Palace shares to move to Goodison Park.
He has effectively ruled himself out of the race now, confirming to Goodison News that he is not a front-runner to buy the club, and never was.
It makes for a tough period for the club once again after it looked as if things were finally looking up.
In other Everton news, Leeds United look willing to sanction a second Jack Harrison loan spell.
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.