Everton 777 takeover: Club receive further loan for day-to-day costs

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Everton 777 takeover: Club receive further loan for day-to-day costs
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Everton receive a delayed payment of £16m from prospective buyers 777 Partners for day-to-day operational costs, taking the amount loaned by the Miami-based investment fund to over £200m.

Everton have received a delayed payment of £16m from prospective buyers 777 Partners for day-to-day operational costs, taking the amount loaned by the Miami-based investment fund to more than £200m.

A £158m loan repayment to MSP Sports Capital, taken out for the construction of the new stadium on Bramley Moore Dock, remains the main stumbling block. A source close to British-Iranian businessman Moshiri again told BBC Sport they remain focused on completing the deal with 777.

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