Premier League pressure intensifies as finance for new

Everton is in much more financial danger since their future is still bizarrely linked to 777 Partners.

After reaching an agreement with Farhad Moshiri to take over full ownership of the team in September, the Premier League has resisted their demands while admitting any participation at all.

Consequently, the supporters and this organization have been terribly mistreated, and they now just want honest responses.

But it appears that they won’t be getting any this week either, as The Telegraph has a harsh report on how things are going with the Toffees’ acquisition.

What’s new with Everton’s acquisition?

Written by Tom Morgan, the writer provides a depressing look at why Everton is still so dependent on a company that is obviously not strong enough to eliminate any doubt about their capacity to manage a football team.

In addition to talking about how the different loans will be used, he also summarizes, in a single line, the dismal future that the club will face, miracles excepted, with or without 777 Partners.

He claims that if 777 Capital’s proposed buyout is not finalized by the end of the month, “Everton’s financial future will be plunged into major doubt.” The Premier League is under increasing pressure to decide on the contract at last, as finance for new stadiums and working capital is guaranteed only until March 31.