Despite missing Saturday’s deadline to secure funds for the proposed takeover, Everton remains committed to negotiating with 777 Partners, the controversial American investment firm. Owner Farhad Moshiri, recognizing the firm’s previous support in loaning the club £200 million last season, feels an obligation to maintain the relationship, despite Everton’s escalating debts, which now approach £1 billion with Moshiri’s own £450 million unsecured loan.
Despite this, Moshiri is now entertaining other prospective buyers, including American tycoon John Textor, who awaits the sale of his stake in Crystal Palace before formalizing his approach for Everton.
While Moshiri navigates various offers, including unsolicited counter-offers, the situation underscores the precarious financial position of the club and the complex negotiations surrounding its future ownership.
