A round-up of the latest Everton news as 777 Partners find their first transfer target in anticipation of a takeover but now face a rival bid from another US-based consortium.
777 Partners target Tom Fellows’ transfer to Everton from West Brom
Miami-based investment group 777 Partners have identified West Bromwich Albion ace Tom Fellows as their first transfer target for Everton. The private investment company admire the 20-year-old’s potential and may eye a deal if the Premier League green-lights the takeover.
That is according to Fabrizio Romano, who reports that Everton are monitoring Fellows with a view to a summer transfer. Toffees chiefs are keen to keep close tabs on his performances ahead of becoming a free agent. But 777 Partners could bring forward his possible transfer.
Fellows can join Everton for just compensation for his development if the midfielder decides to leave West Brom in June. He has been a shining light of their season so far over 16 games across all competitions. The versatile winger has also offered one goal and one assist so far.
Read more about 777 Partners’ interest in Fellows’ transfer to Everton, here.
777 Partners now face a rival US bid for a takeover of Everton
777 Partners now face a rival US bid for a takeover of Everton as Farhad Moshiri continues to look to sell his majority shares. That is according to Josimar, which reports that a second US-based consortium is plotting to make Moshiri an offer in expectation of 777’s bid failing.
The Premier League is still yet to rule on 777 Partners’ status as a fit and proper owner. So, at least one rival consortium is putting plans in place to threaten their efforts. 777 Partners are even also losing confidence in their bid getting the English top-flight’s seal of approval now.
Publicly, 777 Partners are projecting an image of optimism that their takeover may even go through as soon as next week. But the Miami-based investment group are starting to doubt their chances. A sporting figure with a strong knowledge of Everton is also in the rival group.
Read more about 777 Partners’ US-based rivals for a takeover of Everton, here.
Everton expect to avoid a second breach of the Premier League’s FFP rules
Everton expect to avoid a second breach of the Premier League’s FFP rules after their recent 10-point deduction. That is according to Paul Brown, who reports that the Blues believe the club will be ‘just under’ the division’s limit for profit and sustainability from 2020 until 2023.
An independent commission upheld the Premier League’s charge of Everton’s overspend of £19.5m between 2019/20 and 2021/22 in November. The league allows losses of £105m in a three-year accounting period. But the Toffees breached the limit with losses of £124.5m.
Everton believe their dealings in the transfer windows between 2020/21 and 2022/23 have them within the Premier League’s FFP limits. Yet the top-flight is still yet to rule on if it feels the Toffees’ accounting matches its criteria. But Everton feel they are compliant as it stands.
Read more about what Brown has had to say about Everton and a second FFP breach, here.
Receive a digest of our best Everton content each week direct to your mailbox
