777 Partners are also understood to have missed payments to advisors and suppliers
The investment firm attempting to purchase Everton has seen one of its businesses fall into voluntary administration, with the company also understood to have failed to pay various advisors and suppliers.
READ MORE: Inside Everton's perfect week as frank Sean Dyche talks and surreal messages spark turnaroundIn April, AIP Capital announced the formation of a new holding company to lease aircraft, Phoenix Aviation Capital, with PAC at the time that they had reached “a definitive agreement to acquire the rights, interests and obligations of a portfolio of 30 737-8 aircraft from 777 Partners”
It is the latest setback to hit 777 Partners, who last month were granted ‘conditional approval’ to acquire Everton provided that they could meet four requirements. 777 Partners had been providing funding to Everton for working capital, to the tune of around £200m, since the turn of the year. That money was to allow for the club to meet construction costs on the new stadium build at Bramley Moore Dock, as well as payroll obligations. Investigative website Josimar claims that the latest tranche of funding has not been forthcoming.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Everton takeover: 777 Partners handed new blow by US regulatorsState authorities in Utah and South Carolina are pressing some related insurance companies to reduce exposure to 777 Partners
Weiterlesen »
Everton takeover: 777 Partners now ‘bullish’ about deal but face huge hurdleThe inside track on the football stories that matter
Weiterlesen »
777 Partners nears conclusion on Everton takeoverMiami-based investment firm 777 Partners is close to completing the takeover of Everton, pending approval from the Premier League. The firm will provide £180m in loans to the club for working capital and stadium development.
Weiterlesen »
Prospective Everton owners 777 Partners to request extension for payment deadline777 Partners, the prospective owners of Everton, are seeking an extension to the deadline for paying a major club creditor as part of the Premier League's approval conditions. The deal to purchase Farhad Moshiri's stake in the club has not yet been ratified by the Premier League, causing delays. 777 Partners has provided funding for Everton's working capital and stadium construction, but the deal may not be concluded until May 2024.
Weiterlesen »
Everton takeover update as 777 Partners and MSP Sports Capital reach crucial day777 Partners have requested additional time to repay a club loan to MSP Sports Capital
Weiterlesen »
Everton takeover moves step closer as 777 Partners granted loan extensionThe wait for clarity over the club's takeover is set to continue
Weiterlesen »