According to Alan Myers, those who might challenge the 777 Partners in the Everton takeover have not yet been heard.
This follows the revelation that Farhad Moshiri had consented to extend the exclusive agreement with 777 Partners through to the very end.
The news editor at Sky Sports feels that now is the right moment for any potential competitor bidders to go on the record.
“Everton fans have made it increasingly plain that they are not in favor of the 777 group assuming the reigns,” Myers stated in his column on May 15. “The club’s Fan Advisory Board is rightfully requesting a meeting with Moshiri and seeking answers.
“Moshiri has consented to meet with the group the next week, during which he will be questioned about why he has given 777 one last chance, what they have to offer, and what backup plans he has in case the arrangement falls through for club funding.
It is thought that there are further choices available, although there have
Everton re-entering risky territory with 777 Partners
The situation surrounding the potential takeover by 777 Partners is undoubtedly a dire one, reflecting a complex and uncertain period for the club.
There have been many difficulties with the process, including 777 Partners’ financial and legal issues and a lack of openness and contact with Everton supporters and stakeholders.
The present majority shareholder, Farhad Moshiri, has shown a readiness to stick with 777 Partners in the face of growing evidence of their unsuitability, which has angered supporters. Moshiri has delayed the deadline for the takeover.
This choice not only adds to the uncertainty but also calls into question the thoroughness of the due diligence that was done prior to making such a big ownership shift.
The situation is made worse by the ambiguity and the seeming indifference to fan feeling.
The Toffees’ financial security and prospects for the future are already in jeopardy, thus it appears imprudent and possibly damaging to entertain 777 Partners given their dubious financial situation and outstanding legal matters.
A rumor has surfaced regarding Saudi Arabia possibly completing the buyout before the 777 Partners in other Everton news.