February 21, 2024

‘Mysterious Indian group’ wants to take over Everton amid concerns about the 777 collapse

New 'Mystery Indian group' want Everton takeover as they await 777 collapse - report

Mystery Indian group now want Everton takeover with 777 collapse on the cards

There’s a “mystery Indian group” who want to buy Everton and are waiting on 777 Partners’ takeover deal to collapse, according to Alan Nixon.

The newspaper journalist reported via his personal Patreon page on Sunday (5 November) that the Indian group “includes a wealthy businessman who has been after Premier League clubs in the past and is now on red alert for the blue half of Merseyside”.

It is understood that due to the protracted process of 777’s takeover at Goodison, this new party has made contact with Everton’s club officials to state their interest.

New twist

It seems that until the 777 takeover deal is completely rubber-stamped, there’s going to be speculation about whether it will be completed and who will own Everton Football Club next after Farhad Moshiri.

This week has seen 777 take some steps towards completion.

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The Times reported on Saturday (4 November) that 777 co-founders Josh Wander and Steve Pasko have been approved by the Premier League to become directors at Everton should they complete the takeover.

That’s a landmark step and one that many didn’t expect to happen due to how poorly some of 777 clubs have been run all across the world, as well as doubts about where the money is coming from to buy Moshiri out of Merseyside.

Everton are absolutely riddled with debts due to the new stadium being built and other unforeseen issues.

New owners are an absolute must and at this point, a so-called “mystery” group of Indian businessmen doesn’t sound appealing and it may be a case of the better the devil you know than the one you don’t.

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