AliousKaveh Solhekol has revealed that Farhad Moshiri, the outgoing owner of Everton Football Club, has two wishes regarding the prospective new owners, 777 Partners, that he wants fulfilled before the end of this week to eliminate any lingering confusion.
In recent weeks, 777 Partners have faced criticism over financial issues that nearly caused major problems at Goodison Park, Everton’s home stadium, due to late payments.
Speaking on Sky Sports News on May 8th, Solhekol stated that Moshiri wants clarity and a resolution to the entire saga before Everton’s final home game of the season against Sheffield United on May 11th.
However, given 777 Partners’ history of struggling to meet deadlines and leaving players and staff unpaid for months at Standard Liege, another club they own, Everton might be wise to distance themselves from the investment group.
While 777 Partners have been providing loans to Everton to cover day-to-day operational costs, being fully taken over by a firm with pre-existing financial issues could prove dangerous, especially considering Everton’s £330 million debt and the ongoing construction of their new stadium at Bramley Moore Dock.
Despite Moshiri’s desire for a swift resolution, finding new owners willing to take on Everton’s financial burdens may prove challenging.
Although cutting ties with 777 Partners may seem sensible given their recent issues, the investment group is essentially keeping Everton afloat financially.
Everton’s current ownership must carefully navigate this situation as they seek new investment from elsewhere while balancing the need to maintain operations with the potential risks associated with 777 Partners’ involvement.
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