Any alternative to 777 Partners will have to undergo the same “regulatory hurdles” to complete the Everton takeover, according to the Liverpool Echo.
The news outlet claimed on 27 April that there was “significant” interest shown in purchasing the club which was far beyond 777.
Further approaches have been made since the September 2023 agreement, but Farhad Moshiri has maintained his faith in the Miami-based firm.
The report reads: “Against that backdrop, the ECHO understands there is still significant interest in Everton beyond that shown by 777.
“Further approaches are understood to have been made since that paperwork was signed in September. Moshiri has maintained his faith in 777, however, partly out of his own confidence the group has both access to the necessary funds and a commitment to completing the new waterfront stadium.
“If there is another party that could help to put an end to this then they too would have to pass the same regulatory hurdles as 777. But given the ‘noise’ around 777 it has long felt this is a fanbase that is open to listening to other suitors coming forward.”
Everton need takeover clarity amid mounting financial woes
The need for clarity surrounding Everton’s takeover by the end of the season is paramount as the club is facing significant financial challenges, with a large debt and a need for further investment to complete the new stadium.
The current uncertainty around the takeover by 777 Partners has led to instability and speculation, which could impact the club’s performance on the pitch and their ability to attract and retain players.
The red tape that any potential buyer must overcome is time-consuming and complex.
If the takeover process drags on without resolution, it could leave the Toffees in a precarious position, potentially affecting its ability to comply with financial fair play regulations and maintain their Premier League status.
The fans and stakeholders require transparency and assurance about the club’s future direction.
The lack of clarity could lead to further unrest and dissatisfaction among supporters, who are eager for stability and progress.
By providing a clear resolution to the takeover situation, Everton can begin to rebuild and focus on strengthening the team and its infrastructure.
