Everton’s prospective owners 777 Partners’ inability to repay their loan to MSP Sports Capital is a big worry.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that the US investment firm should have repaid the loan on the due date.
The group needed to repay a £158million loan to fellow US investors MSP by 15 April, but asked to extend the deadline.
Maguire believes that fans of the Goodison Park club must be depressed at this moment in time given the state of affairs on Merseyside.
Everton must be worried about 777 Partners’ latest issue
Toffees chief Farhad Moshiri signed an agreement with 777 in September 2023 to acquire his full stake in the club.
That stake accounts for 94.1% of Everton’s shares, but the takeover at Goodison Park has yet to be completed.
“You have to be worried, because if 777 Partners are as upstanding and organised as they constantly claim to be, then the facility should have been placed to make that repayment on the due date,” Maguire told Football Insider’s Sean Fisher.
“But they don’t seem to be very transparent, their record at other clubs is best described as spotty in terms of organisation and so on.
“And this must be so depressing being an Everton fan at present, because you wake up with a feeling of what next? What’s going to be the next ludicrous story which is not going to be good as far as the club is concerned?
“And once again, it comes down to management. 777 by all accounts have got an exclusivity deal with Farhad Moshiri.
“There are other parties who are interested in buying Everton, because it is an attractive buy. It’s in a football-mad city, the club itself has got an amazing history and is part of the heritage and culture.
“There are so many positives that would attract a prospective owner, but they can’t do anything because Moshiri has said it’s 777 or the deep blue sea.”
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