neil999
Player Valuation: £80m
Sorry I don't know Ian either
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
- Status
Enjoy your 3 weeks off from Everton lads.
Conditional access - josimarfootball.com
The good news for 777 Partners is that the Premier League is finally “minded to approve” their bid to purchase Everton. The bad news is the four conditions they need to meet to make it happen. By Paul Brown and Philippe Auclair After days and weeks of feverish speculation surrounding their...josimarfootball.com
I'm a bit fed up hearing about rival bidders
If they are serious then bid for the club and prove your interest
I see no evidence of any buyers. I can't believe something I can't see.
Haven't seen this pasta in ages damn
AndyC
Player Valuation: £70m
To be pedantically correct, they will be interested parties willing to enter into negotiations and make offers if/when Moshiri calls time on 777 and opens himself up to other interested parties.
summerisle
The rain, it raineth every day
Everton takeover: 777 faces Premier League ultimatum on funding
Governing body’s board wrote to the club saying it was minded to approve the sale providing stringent financial stipulations are met
www.telegraph.co.uk
Everton takeover: 777 faces Premier League ultimatum on funding
Governing body’s board wrote to the club saying it was minded to approve the sale providing stringent financial stipulations are met
Everton’s prospective new owners are facing a Premier League ultimatum as the approval process for their takeover reaches its endgame.
It has emerged that the league’s board wrote to Everton this week confirming it was “minded to approve” 777 Partners becoming their new owners subject to stringent conditions being met.
Telegraph Sport has been told those conditions included stipulations around funding for the club and a failure to comply would lead to the takeover being rejected.
The letter represented the beginning of the end of a process that has dragged on for more than six months since 777 first struck a deal with Everton’s majority shareholder, Farhad Moshiri.
The group has been bankrolling the club since then via a series of multi-million-pound loans and Telegraph Sport has been told it is resigned to continuing to do so beyond the end of this month, with a final decision on the takeover not now expected until after Easter.
One reason given was Everton’s hearing into an alleged second breach of English football’s Profit and Sustainability Rules, which is expected to be held early next week.
Another is that even if the Premier League board approves the 777 takeover, an independent oversight panel of KCs will be called in to review its conclusions.
The precedent set by Sir Jim Ratcliffe’s purchase of Manchester United led insiders to conclude that further process alone will take another seven days.
Telegraph Sport has reported previously how 777 appeared unwilling to provide any further loan funding while the takeover saga dragged on.
By the end of this month, it is expected to have handed Everton £200 million to keep the club going.
The 777 group already has a number of football clubs in its portfolio, including Sevilla, Genoa, Hertha Berlin and Standard Liege, with the fans of the Belgian side holding a demonstration criticising the owners’ involvement at their last game.
Related Topics
If they offered Moshiri what he wants then i assume he'd consider an offer. If they matched the 777 offer I'm sure he'd consider.
If they wait and wait and don't make an offer then I dont see that as serious interest.
If they don't agree with Moshiris asking price that's fine, but it also means their interest is just that - interest. Where are the offers from other parties?
MisterJ
Player Valuation: £25m
The guy from The Mail?
pfim
Player Valuation: £40m
They won’t overpay so they’re not serious? Ironic.
PeregrineT
Player Valuation: £35m
"minded to approve"? Hahahaha, the PL is determined to fail in every aspect of what they do.
Tony’s Carp
Player Valuation: £50m
It's a meaningless phrase though. What matters is the conditions they imposed, and were right to impose.
If they'd said "minded to reject unless you can...." it would be the same effect.
Tony’s Carp
Player Valuation: £50m
Did he even exist?
jonnyboy316
Player Valuation: £35m
If those conditions are legit it is game over for 777
- Status