By Kieran Maguire

12th Sep, 2023 | 12:42pm

Kieran Maguire: Everton takeover bidders now 'in very strong negotiating position'

It is ‘difficult’ to figure out the long-term motivations of 777 Partners as they advance in talks to buy Everton.

That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the potential new Everton owners and their ‘eyebrow-raising’ backstory.

In June, a report from Josimar Football emerged revealing that 777 Partners are facing charges that include fraud, kidnapping and extortion.

As reported by The Telegraph, Everton are now in advanced talks with the US investment firm over a majority takeover.

The deal would see Farhad Moshiri’s time as chairman at Goodison Park come to an end.

The two parties were previously in talks over a £600million takeover deal before Everton signed an exclusivity deal with MSP Sports Capital in May that has since collapsed.

While Maguire questioned the motivations of 777 Partners, he explained that Everton’s ‘history’ and ‘heritage’ makes them an attractive club to buy.

“The backstory in relation to 777 has certainly raised eyebrows,” Maguire told Football Insider’s Sean Fisher.

“Trying to work out the organisation’s long-term motivations is difficult.

“They are looking at a multi-club ownership model and Everton will be very attractive for that given the history and heritage of the club.

“Given the problems the club has had when it comes to generating financial resources elsewhere, it could put 777 in a very strong negotiating position.

“Whether that be the charges on any loan finance or the price of which Farhad Moshiri would be willing to give up a proportion of the club itself.“

In other news, Sean Dyche stance on Everton selling Andre Gomes in next days revealed