April 19, 2024

Everton fans in anxious wait to force Farhad Moshiri out as new 777 Partners takeover update emerges


Everton fans face an anxious wait until they’re finally able to show Farhad Moshiri the exit door at Goodison Park after a fresh takeover update emerged.

According to BBC Sport journalist Shamoon Hafez (4 December), there is unlikely to be any news regarding 777 Partners’ takeover this week – the initial timeframe for the expected takeover at Goodison.

Hafez shared that the initial 12-week timeline given when 777 agreed to purchase Moshiri’s 94.1 per cent majority take in the club will pass after this week, with still no news on whether it will be approved.

The FA and the Premier League are still undergoing checks regarding 777 Partners as the latter will have the final say over any new developments.

Hafez wrote on his personal X account on Monday afternoon (4 December): “Into week 12 since Moshiri agreed to sell his majority stake in Everton to 777 Partners, the timeframe given for completion.

“Unlikely to be any news this week as checks remain ongoing. Key point is that the Premier League have the final say following their owners’ and directors’ test.”

Having already dragged past the original timeline set for the completion of the takeover, there is still no clarity as to when, or even if the deal will be completed, or when the decision from the Premier League will be heard by 777 and Everton.

Sky Sports journalist Alan Myers shared the news via his personal Twitter in October that the process was expected to be completed in December but there was always the possibility that those predictions or expectations were far-fetched.

More crucially, this latest update will leave Toffees fans in more anxiety and uncertainty regarding the future of the club following the points deduction and now no definitive update as to when the 777 Partners takeover will be brought to its conclusion.

Fans are desperate to see the back of Moshiri and any association he has with the football club and the recent points deduction is a huge indicator of how flawed he’s been as majority shareholder.

The Everton majority shareholder has been never too far from controversy, especially over the past year or so, with his recent handling of the recent boardroom saga, the issue involving the Russian oligarch Alisher Usmanov and several others including the club’s worrying financial state behind the scenes which has certainly landed him in plenty of hot water on several occasions amongst the whole football club.

Under his disastrous ownership, Everton have been associated with dysfunction, turmoil and controversy for so long which has caused the majority of the Toffees support to voice their criticism and raging concerns, and understandably so.

The whole club fanbase wants to see changes, and it looks as if the new potential owners want to also, and for that to happen, Moshiri should not be involved in any day-to-day runnings or behind-the-scenes decisions any longer.

But when that will happen in the near future remains unclear, and clarity over the takeover situation is what the Toffees faithful will desperately be clamouring for should the wait spill well into 2024.

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