Everton have had enough problems on the pitch to deal with to worry about the off-field ones, so when last season came to an end it felt like they might finally have turned over a new leaf.
After all, the progress under Sean Dyche’s leadership had been steady, and the signs suggested they might enjoy a more profitable campaign.
Even after their winless opening five Premier League games, the 52-year-old pleaded for faith in the system and what they were seeking to accomplish.
Having since won their last four games in the league, keeping clean sheets galore, it is fair to say that such belief was vindicated. That is, even bringing in those off-field issues, which culminated in a ten-point deduction.
As such, even 777 Partners’ proposed takeover has not earned the attention that would normally have been expected, due to other prevailing issues.
Therefore, it has perhaps gone under the radar just how troubled the deal has been, with the latest update via The Daily Mail detailing a fresh setback suffered.
They detail a key ‘breakdown of the business relationship’ between the Miami-based firm and Redstrike, which has led to them cutting ties with the business. They were previously one of their biggest UK partners.
How much are 777 Partners worth?
Whilst Farhad Moshiri has been far from the ideal leader that fans would have wanted, his endeavour cannot be faulted given the vast fortune he has pumped into the club.
However, such investment has proved wildly misguided, and ultimately regressive for the historic outfit.
Therefore, the vast protests aimed at the Iranian were completely justified, with the hope being that his replacement might be a more intelligent outfit boasting similar financial might.
Well, the latter notion will certainly be the case with 777 Partners, given they actually boast a net worth sitting at a massive $12bn (£9.63bn).
With that kind of fiscal backing, fully entrusted to Kevin Thelwell and Dyche, Everton could actually be set to get back on track after years of screeching sideways, completely derailed.
However, the only issue, other than this crippling financial blow just received and the recent controversy, is that those funds will be shared across the numerous clubs within their portfolio.
That consists of the likes of Sevilla, Hertha Berlin, Standard Liege, Melbourne Victory and more.
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