Today has been a long and arduous day for Everton fans, when in reality it should be just another one of relief.
After all, Saturday marked the official confirmation that they would be staying in the division after a season’s worth of torment, beating Brentford at Goodison Park to secure their fourth straight home win in a row.
It is this sparkling form that has saved them at the eleventh hour, and yet, there is no cause for celebration.
Not when something so potentially poisonous could still yet occur before the season is done, which would expunge all this positivity in an instant
Administration mooted for Everton earlier today
As reported by Bloomberg earlier today, the Toffees have actually entered into desperate talks with insolvency advisors, as they seek to scramble for a buyer to take the club off Farhad Moshiri.
Effectively, this condemns 777 Partners’ takeover bid at last, with their efforts to assume control of Everton having dragged on since September yet made no progress.
Even when the Premier League offered them four simple conditions to fulfil, they failed in their efforts to stump up the cash, and are now set to be left red-faced.
However, this affects no one more than the club itself and the adoring fans who live and breathe football on Merseyside.
Administration would see hundreds if not thousands of jobs lost, and a nine-point deduction to boot.
Moshiri needs to pull his finger out and find a solution fast, or else face being remembered as the man who killed Everton Football Club.
Farhad Moshiri must move on from 777 Partners
What the Iranian business has to do right now is move on.
He has been so hung up on 777 Partners for nearly a full year now, and yet the Miami-based firm has shown no signs of being fit and proper owners.
Without vast wealth, or seemingly any plan at all, it is a wonder why the Premier League are even still entertaining this organisation.
With reports stating that there are other buyers waiting in the wings, with one Qatari consortium likely of particular interest given the funds they likely boast, it would make sense to simply cut your losses and move onto one of them.
After all, there is little to no chance that 777 Partners see their takeover ratified, and it would be far more pertinent, and intelligent, to simply allow another buyer to have a crack at the Premier League’s test.
Regardless, something has to happen soon before the club collapses in on itself.
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