The Everton Shareholders' Association call for an end to the 'farce' of the club's protracted takeover by 777 Partners.
The Everton Shareholders' Association has called for an end to the "farce" of the protracted takeover by 777 Partners amid the ongoing uncertainty in completing the deal.Everton's debts continue to mount and it is still not known whether 777 will pass the owners' and directors' test.
"We have observed with concern and frustration as it became increasingly clear that a fit-for-purpose process cannot possibly take this long as the Premier League continues to demonstrate their ability to regulate," the EFCSA"In the absence of the Premier League making a timely decision we insist that the Everton board and Farhad Moshiri in particular, stop this damaging process now and recognise that 777 Partners are not at this time fit and proper prospective owners of Everton...
777 endured financial strife last week, eventually sending a delayed payment of £16m to Everton for day-to-day operational costs - which takes the total it has lent the club to more than £200m - and having an airline it owns enterMeanwhile, the firm's UK public relations advisers have stopped representing the company after saying the firm did not meet payments on fees, and it remains to be seen whether they will re-engage.
The EFCSA added: "We are the oldest shareholders’ association in the world and are dismayed by the lack of respect being shown to our football club by the largest shareholder, Farhad Moshiri, and the Premier League during what seems a never-ending change of ownership process. "The powers-that-be are being disrespectful to our fellow shareholders, our fantastic worldwide fanbase and football as a whole by continuing to allow this farce to continue.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Everton shareholders release damning statement directed to Moshiri and 777The Everton FC Shareholders Association have issued a statement demanding that Farhad Moshiri recognise that 777 Partners are not “fit-and-proper” prospective owners of the club
Weiterlesen »
Neville and Carragher share Everton takeover 'worries' after 777 Partners claimsThe pair of pundits called for more governance in the sport as issues off the pitch continue at Goodison Park.
Weiterlesen »
Everton takeover: $600m fraud claims against 777 and what they could meanAccusations of double-pledging, forged documents and a scheme on the brink of collapse - Everton FC correspondent Joe Thomas offers an overview of the claims filed against the group, which is struggling to complete its takeover of the club
Weiterlesen »
Everton takeover threat as potential buyers 777 accused of ‘Ponzi-scheme’ fraudThe difficulties around the 777 deal could lead to alternative bidders emerging as soon as this week.
Weiterlesen »
Everton takeover alternatives could 'move quickly' as 777 concerns buildKeith Wyness reckons alternative buyers for Everton could move very quickly to hijack 777 Partners' protracted takeover
Weiterlesen »
Everton: Potential buyers 777 accused of fraud in court filingEverton's prospective owners 777 Partners and the firm's co-owner Josh Wander are accused of fraud in a New York court.
Weiterlesen »