Everton have been relying on 777 Partners for working capital in recent months

Everton will have their short-term cashflow issues eased following the conclusion of the Premier League on Sunday.

The Toffees wrapped up a tumultuous 2023/24 campaign, one where safety was assured despite an ongoing takeover saga and two separate points deductions, with a 2-1 loss at Arsenal on the final day of the season.

Good form in the final weeks of the season, where Everton won three of their final six games, saw them pull well clear of any relegation danger and Sean Dyche’s side finished the campaign in 15th place, two places better off than they were when they survived on the final day of the 2022/23 season.

With all the Premier League games completed on Sunday, the final make-up of the table is now known, with clubs to receive the merit payments due to them based upon their final standing made ‘soon after the final positions are known’ according to the Premier League.

That money will land at clubs imminently but for Everton, the £18.6m that they will receive for finishing 15th will help the club’s cash flow position, with the Toffees having been reliant in recent months for working capital, with the group who wants to acquire the club from Farhad Moshiri, 777 Partners, having provided some £200m-plus in interest-bearing loans. The most recent of those loans landed earlier this month through a pre-agreed £8m payment.

However, while 777 are understood to have until the end of the month to find the capital required to meet the conditions for approval set out by the Premier League, it appears that any deal with the Miami-based firm seems implausible given the current crisis that has enveloped 777.

In recent weeks the firm has faced allegations of fraud in a US civil court; has seen an airline it owns fall into voluntary administration; has seen its main source of funding told to reduce its risk to 777 by US state regulators; has had its co-founders Josh Wander and Steven Pasko removed from the board; has called in restructuring experts; and has seen two of its clubs taken from its control by courts in Brazil and Belgium.