The 777 Partners takeover of Everton could collapse as there are ‘huge question marks’ over their source of funding.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that the Premier League will not want to approve the takeover as 777 Partners appear to be ‘fragile’.
The US investment group struck a deal with Toffees owner Farhad Moshiri in September to purchase his 94.1 percent stake in the Merseyside club.
However, the takeover process continues to be delayed as the Premier League assesses the financial stability of 777 Partners.
Ex-Everton chief executive Keith Wyness exclusively told Football Insider that 777 Partners could see their takeover deal collapse as they may have issues passing financial regulations.
Maguire agrees with Wyness, suggesting that the prospective new Everton owners do not have ‘the best interests of football at heart’.
“Yeah, I know Keith Wyness quite well,” Maguire told Football Insider’s Sean Fisher.
“Keith’s clearly an experienced executive.
“In the world of football, there are huge question marks over 777 Partners and the source of its funding.
“The fact that they appear to be borrowing at very high-interest rates themselves.
“How are they servicing that debt?
“So it looks to be a very fragile company looking at it from the outside, and therefore the Premier League has a responsibility to protect football.
“On the back of that, you can see the deal not succeeding because nobody wants to be seen as the person or organisation that gave the thumbs up to a company which doesn’t necessarily have the best interests of football at heart.“
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