February 29, 2024

Reports today claim that other US-based investment groups could be interested in a possible move to take control of Everton if 777 Partners bid fails the regulatory hurdles.

Ever since 777 Partners were revealed to have agreed a deal with Farhad Moshiri to take control of the Blues, their bid has been subject to intense scrutiny.

There have been a number of issues and questions concerning their financial viability and suitability to conclude a takeover of Everton.

It looks like it will be another four or five weeks at least before the regulatory bodies concerned come to a conclusion about whether 777 Partners takeover should get the go-ahead. They are confident for a positive outcome.

All this could be thrown into further uncertainty if the independent commission charged with deciding if the Toffees have broken FFP profit and sustainability rules, does indeed come down on the same view.

If so, then Everton might receive a points deduction, possibly as many as twelve, if the Premier League’s alledged position is the same as the commission.

That could mean a restructuring of the deal and create a chance for others to move perhaps.

Many Evertonians including me, while they might be more than ready to see Moshiri leave the club after a disasterous time in charge and for new owners to take control, will still be troubled by 777’s bid, one that raises a lot of questions which need answering.

All this behind-the-scenes manouvering and uncertainty could be a distraction and doesn’t help the Toffees team focus and concentrate on winning football matches, so as to ensure the side isn’t going to face a repeat of the end of last season.

To be honest however, Everton’s players don’t seem to have been particularly affected by all this talk as their form has certainly improved over the last month or so.

Personally, I would like to see another investment group with a stronger sounder portfolio come into play and perhaps consider a bid for the club as like many I’m far from convinced 777 Partners are the right people to take the club forward.

American investors are especially interested in Premier League clubs as their value continues to increase with another bumper TV rights deal round the corner so it’s not suprising they are being linked with interest.

The Blues also have a brand new stadium which will on completion substantially increase the value of the club, particularly as it will be a host venue for the 2028 European Championships.

In some ways though all Everton need is some stability and fianances in the short-term, because there is another critical transfer window coming up in January where manager Sean Dyche needs funds to strengthen his threadbare squad for the second half of the campaign.

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