Farhad Moshiri, the owner of Everton Football Club, is still in negotiations with 777 Partners regarding the potential takeover of the club, despite the American investment firm missing their deadline to complete the deal. According to the Daily Mirror, Moshiri will maintain a “working relationship” with 777 Partners, who had previously loaned the club £200 million last season to prevent financial difficulties.
The news will come as a disappointment to many Everton fans, who had hoped that the failed deadline would mark the end of 777 Partners’ involvement with the club. However, it appears that Moshiri is still willing to consider their offer, despite the firm’s failure to meet the agreed-upon deadline.
The takeover saga has dragged on for nearly ten months, with 777 Partners being the only interested party until recently. The lack of progress has led to frustration among fans, who are eager to see a change in ownership and a new direction for the club.
Moshiri’s reign at Everton has been marked by steady regression, and the club’s financial struggles have only worsened in recent years. The owner’s failure to deliver on his promises has led to widespread criticism, and many fans feel that it is time for him to step aside and allow a new owner to take the reins.
The need for competent ownership is clear, and Everton fans are desperate for a change. While deep pockets would be a welcome addition, it is intelligence and forethought that are truly needed to guide the club towards a brighter future. Moshiri’s failures have been numerous, and his inability to develop a strategic long-term plan has led to the club’s current predicament.
Sean Dyche, the club’s manager, has been forced to battle against the odds to ensure Premier League survival, and the team’s struggles are a direct result of the failures of the past. The clear-out of the board in June 2023 was a step in the right direction, but Moshiri’s continued presence at the helm is a reminder that the root of the problem remains.
Everton fans have made their feelings clear, with protests and banners calling for Moshiri’s departure. It is time for the owner to recognize that he is the problem and step aside, allowing a new, competent owner to assume control and guide the club towards a brighter future.