777Partners has loaned Everton £100 million since they reached an agreement. Agreement to buy shares from team owner Farhad Moshiri in September 777Partners agreed to lend the money
to Everton because they thought the takeover would be completed before Christmas. However, the Premier League still needs some time to review and evaluate them. The 777Partners fund
was structurally complex because it managed more than 60 companies in areas such as insurance, aviation and sports. This makes it a challenge for the Premier League to monitor and assess.
The Premier League’s primary concern is to verify the origins and adequacy of 777Partners’ funds, but they are also facing a number of legal cases involving American companies. It is believed that
777Partners has $6,000 worth of investments on hand. million pounds and plans to use their assets to acquire Moshiri
stopped giving money to the club, leaving Everton wanting an additional £20 million from their monthly income. It goes towards paying staff wages and running costs for the club, which 777Partners has been helping them with since August.
Without 777Partners’ funds, Everton is at risk of being taken over. This will result in an additional nine points being deducted from the previous 10 points.
Everton sources also believe that the takeover will happen with the club working closely with 777Partners and the Premier League. 777Partners themselves
have stated that they have not received any communication from the Premier League regarding how long they will take to finalize the review.