Everton owner Farhad Moshiri appears to remain committed to helping 777 Partners see their takeover over the line at Goodison Park.
While most believe the Miami-based firm’s bid was set to collapse following new legal issues, Moshiri made the shock decision to grant 777 an extension to their original deadline which now won’t fall until the end of May.
Simon Jordan has insisted that there is still a genuine chance the prospective new buyers will complete their takeover, while The Esk has contradicted that statement, implying this extension won’t change a thing.
Either way, Moshiri has given Josh Wander and his company time to get their hands on the much-needed funds required to finally receive the go-ahead from the Premier League to complete their acquisition.
However, a new update at 777-owned Standard Liege has shown the Toffees chief that he is just wasting his time continuing to negotiate with the American company.
Will 777 Partners complete their takeover of Everton at Goodison Park? According to Belgian outlet RTBF on Thursday (16 May) a seizure judge of the Court of First Instance of Liege has ordered the precautionary seizure of the Miami-based firm’s shares in Standard and their possessions in Belgium.
Shareholders at the club are aiming to put pressure on 777 Partners to force them to pay their debts and while this process continues players and staff will be paid but no more money will be transferred from Standard to the American firm.
This news emerged only a matter of hours after the prospective Everton owners lost control of Brazilian club Vasco de Gama in court and Standard confirmed the sacking of both Josh Wander and Steven Pasko.
How Moshiri can believe a company that has lost custody of two of their football clubs in the space of a matter of days can be fit and proper owners is beyond belief and he simply has to call this deal off.
Nothing will change between now and the end of his extended deadline as this takeover is destined to collapse. This is time that could be spent finding an alternative buyer.
Hopefully, the Toffees chief will finally see some sense and call this deal off before it becomes too late.