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'Disaster', 'Frauds' - Everton fans react to takeover twist
Everton fans took to social media on Wednesday to react to the news that their club’s takeover by 777 Partners has hit a new hurdle.
As reported by the New York Times, the takeover process has stalled as the US investment group have failed to provide the required financial information to British regulators.
The Toffees posted a club statement last month announcing that a deal had been struck between 777 Partners and current club chairman Farhad Moshiri.
However, questions have been raised over the sourcing of 777 Partners’ cash, and their failure to provide financial documents is the latest hurdle in the takeover saga.
The report adds that the takeover deal could collapse if suitable documents aren’t provided by 777 Partners.
The US group have already loaned as much as £65million to the Merseyside club to help with day-to-day operating costs, although that money will likely be quickly recalled if the takeover falls through.
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Everton fans rushed to X, formerly known as Twitter, to share their views on the takeover twist.
One fan believes that Everton are set for ‘disaster’ whether the takeover goes through or not.
This fan pleaded with Moshiri to drop his asking price in order to get the takeover deal over the line.
Other supporters believe there have been too many ‘red flags’ and ‘warning signs’ about the potential 777 Partners takeover.
This fan even went as far as calling the US group ‘frauds’…
Some fans are still confident that 777 Partners are still on track to complete the deal despite the report.
Could Qatar’s withdrawal from the Man United takeover lead to the purchase of Everton? This fan certainly thinks so…
In other news, Kieran Maguire is ‘more concerned about 777 Partners than Everton’ as £1bn news emerges