777 Partners intend to immediately recall the majority of their £190m loans to Everton if their takeover deal is rejected by the Premier League, sources have told Football Insider.
The US group struck a deal worth £500million to purchase Farhad Moshiri’s majority stake in the Merseyside club back in September.
However, they are still awaiting approval from the Premier League with concerns growing over their source of funding.
As reported by The Telegraph, the decision to approve or reject the takeover is expected by the end of February.
While awaiting approval from the Premier League, 777 Partners have supplied multiple loan deals to Everton to assist with operating costs and fees associated with their stadium construction.
