Former Everton CEO Keith Wyness has called on the Premier League to establish a three-month deadline for completion of top-flight takeovers. Wyness, who served at Goodison Park from 2004 to 2009, believes a timeframe would provide clarity for fans and safeguard the football product.
Speaking on Football Insider’s Inside Track podcast, Wyness addressed the prolonged saga surrounding Everton’s ownership. A Saudi royal family member has made a £400 million offer, while US investors, including 777 Partners, have also shown interest.Wyness emphasized the need for a structured bid process, suggesting a three-month window for completion.
This would ensure clarity for fans, staff, players, and managers, preventing damage to the business side of the club.The Premier League has a duty to protect the football product and should work with owners to establish a timeline for takeovers. Wyness’ proposal aims to prevent prolonged uncertainty, like the situation with 777 Partners, and ensure a smoother transition for clubs.Everton’s takeover saga highlights the need for a more efficient process.
A three-month deadline would encourage decisive action, benefiting the club and its stakeholders. Wyness’ expertise and insight underscore the importance of a structured approach to top-flight takeovers.
By implementing a timeframe, the Premier League can ensure a more stable and sustainable future for its clubs, protecting the integrity of the football product.
As the landscape of football ownership evolves, Wyness’ call to action emphasizes the need for adaptability and forward thinking in the sport’s governance.