Administration = end of Everton
Relegation = administration = end of Everton
777 = high probability of relegation but undoubtedly years of just dire existence.
Everton Football Club with *insert name here* 'new Everton Stadium' should be on paper a self sustaining business, as long as it's a Premier League team and there are competent people running the business. But it won't be with the mountain of debt that's currently being put against the both the football club and stadium.
We need someone or a consortium of people with a lot of cash to pay off the additional loans we've taken out for operational costs and stadium costs, pay off Moshiri and fund the remaining stadium stuff.
They then need to appointment competent people. We basically need someone from a bank to be CFO, a CEO from a proper business and sporting back ground, not a bloody head of a charity, Arne Feundt or Martin Hoffmann someone like that.