latest news: 777 respond to legitimate Everton takeover…

777 Partners have responded to claims from the Premier League that they have not received answers to some questions about their impending takeover of Everton.Writing on its website (January 17), The Telegraph reports that Miami investors are confident that the acquisition will be completed by the end of the month.But after Richard Masters claimed the Premier League had not received all the answers it needed to complete the deal, 777 says all questions have now been fully answered.”Telegraph Sport was told that legitimate questions were raised before Christmas about the source of the money and the adequacy of capital to fund the three-year business plan,” they wrote.”However, according to #777, they were later fully answered.”Everton have been left in a huge hole throughout the process with Farhad Moshiri now set to leave and the club hoping 777 will get the green light for the deal, although there are big questions about whether they are good enough.There are big problems with their financial models and we have seen big problems with other clubs they own, like Standard Liege not able to pay wages and Sevilla also have big financial difficulties..

They are buying a new club and rightly so, the Premier League will have serious doubts about them as Everton cannot afford another bad run.But it has been a long time since Farhad Moshiri’s agreement and now there seems to be no movement that is really worrying.Whether it’s good or bad news for the 777, Everton needs to be told what’s going on quickly so that alternative plans can be made if the answer is no to potential buyers or if management clearly becomes a real possibility..

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