777 Partners are not willing to foot the bill from any legal action if Leeds, Burnley or Leicester win a case against Everton following their FFP breach, say the Daily Mail.
The Premier League docked the Toffees ten points for breaking profit and sustainability regulations, and as a result, the three clubs proceeded with their plans to sue Everton for a combined £100 million.
However, 777 Partners has stated in a report published on Saturday, November 18, that they will not be paying any compensation related to the case, even though they have promised to give the club about £20 million a month to help with operating expenses while their takeover bid is evaluated.
“Everton’s prospective buyers 777Partners have committed to providing around £20million-a-month to help with the club’s running costs whilst the Premier League are assessing their takeover bid, but Mail Sport has learned that they would not be willing to pay a compensation bill that could run into tens of millions of pounds,” they wrote.
How anyone can expect this takeover to be approved is beyond us, because 777 Partners clearly don’t care about Everton Football Club.
Of course, they are not to blame for this. They shouldn’t have contributed to the issue, and if the club needs to pay for any damages as a result of this upcoming legal battle, Farhad Moshiri and his allies should be responsible for covering the costs.
But anyone with eyes and common sense can see that 777 Partners are only interested in making a fast money; they want to own the club so they can use it to make quick profits, not help us succeed.
Unfortunately, it appears that the Premier League also doesn’t give a damn. With this completely disproportionate and unjustified ruling, they have made an example of the club, and they are unwilling to take responsibility for it for fear of appearing weak.
Even though it was made evident during the hearing that Everton did not benefit athletically from the breach, we are currently facing severe financial difficulties and will soon bear a heavy price for it.