The inside track on the football stories that matter
The Everton takeover deal is expected to conclude this time next month after 777 Partners were granted an extension to their loan agreement,The Merseyside club came within hours of being majority-owned by MSP Sports Capital this week after their £158million loan deal was not repaid by the April 15 deadline.
However, a last-gasp extension deal was granted to 777 Partners by MSP Sports Capital which gives them until mid-May to repay the £158million loan deal.understands that the deadline has been pushed back by a month – before Everton’s final game of the season takes place against Arsenal on 19 May. The repayment of the £158million loan was one of three conditions outlined by the Premier League if they were to approve 777’s takeover deal.The loan is secured against 51 percent of Farhad Moshiri’s shares in the club, meaning MSP will take majority control if the loan is not repaid by the new deadline.
The US group remain confident that they can meet the Premier League conditions and complete a takeover deal before the end of the 2023-24 season.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Everton takeover: Supporters call for answers from Moshiri, 777 and EPLThe Everton Fan Advisory Board want answers from Farhad Moshiri, the Premier League and 777 Partners
Weiterlesen »
Everton takeover: who is responsible for club's fate as 777 decision nearsProfiles of the five Premier League board members who will decide whether or not to approve 777 Partners' proposed takeover of Everton
Weiterlesen »
Everton takeover: 777 Partners latest after Premier League approval claimA report claims to have seen a letter from the Premier League board to 777 Partners saying 'it is currently minded' to back the offer to complete a takeover of Everton
Weiterlesen »
Proposed new Everton owners 777 Partners move closer to takeoverProposed new owners of Everton Football Club, 777 Partners, have received a letter from the Premier League indicating their approval of the takeover. However, certain conditions need to be met before full approval can be granted. The group has been in discussions with majority shareholder Farhad Moshiri and has been providing funds for the club's working capital and stadium costs. The deal is expected to reach £200m by April.
Weiterlesen »
Everton move step closer to 777 Partners takeover after Premier League 'minded to approve' proposed deal777 Partners have moved a step closer to a takeover of Everton after receiving a letter from the Premier League in which it is 'minded to approve' the takeover.
Weiterlesen »
Everton takeover: 777 Partners hint at when decision will come as wait goes onThe wait over a decision on 777 Partners' proposed takeover of Everton appears set to continue
Weiterlesen »