February 28, 2024

Paul Brown has suggested that the new profit and sustainability charge levelled at Everton is unlikely to be “an issue” for prospective buyers of the Toffees.

777 Partners have already agreed on a deal to acquire Farhad Moshiri’s 94.1 per cent stake in Everton, but the Miami-based investment firm is still awaiting approval from the Premier League, meaning the takeover may still be blocked.

While the second charge and a potential further points deduction could be a stumbling block, freelance journalist Brown insists that alternative bidders haven’t been put off by the developments at Goodison Park.

As quoted by Give Me Sport (23 January) he said: “We did reach out to the other group of US investors who are waiting to see how things go at Everton with this takeover and who have expressed an interest.

“I’m told that the fact that Everton were charged again, and could potentially end up with another points penalty, should not necessarily be an issue in terms of their interest or not.

“So I do think that if the 777 Partners takeover collapses, another bidder is likely to emerge.”

Good news

The biggest worry for most Everton supporters recently has been what would happen to their club should 777 Partners’ attempted takeover fall through, as the Toffees aren’t exactly the most attractive club in the world at the moment.

When the Miami-based firm agreed to their deal with Moshiri, there had been no points deduction on Merseyside let alone two charges for allegedly breaching profit and sustainability rules so a lot of goalposts have been moved since the news first broke.

 

Everton

But it seems as though the Toffees would be able to find a new bidder should 777’s takeover bid fail as the latest charges at Goodison have not changed how investors view the club.

Hopefully, some clarity will emerge on the blue half of Merseyside sooner rather than later as at the moment, it feels as though supporters are being left in the dark.

 

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