“BREAKING: Everton are in Hurry For Who Take Over Goddison Park Next…Read more
“Top-quality Buyer Required for Quick Takeover at Goodison Park by Everton”
Finance expert Stefan Borson emphasized the urgency for Everton to swiftly resolve their takeover situation to prevent further financial uncertainty in the upcoming season.
In an interview on talkSPORT on June 11 with Jim White and Simon Jordan, Borson highlighted the unsustainability of the past year’s scenario, where 777 Partners provided financial support to the club. With 777’s share purchase agreement with Farhad Moshiri expiring on May 31, new bidders have entered the picture. Borson stressed the importance of completing a buyout promptly, stating that the current situation cannot persist.
He emphasized the necessity for a top-tier bidder who can comfortably pass the Premier League’s tests and possess significant financial resources. Borson underscored the need for swift action, stating that while Everton might navigate through the summer, challenges will arise in the next season without a deal in place.
Despite ongoing talks and the emergence of new bidders, Everton remains without new ownership or injection of funds as of June 2024, prolonging the takeover stalemate that has persisted for over nine months.
Moshiri’s association with 777 extended the majority of this saga, with the Miami-based investment fund injecting £200 million into the club but failing to meet Premier League ownership regulations [Daily Mirror].
Various potential purchasers, including Roma owner Dan Friedkin and businessman Vatche Manoukian, have presented their initial offers to Moshiri. However, Borson swiftly dismissed their viability as buyers.
John Textor, co-owner of Crystal Palace, effectively removed himself from contention, affirming to Goodison News that he is not a leading candidate to acquire the club.
This narrowing down of potential buyers should ideally accelerate the process of Moshiri selling his stake, but as the past nine months have demonstrated, Everton’s principal shareholder is unlikely to rush into a final decision [Paul Brown].
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