Sport nationEverton owner Farhad Moshiri is risking further fan backlash by not fully ending negotiations with 777 Partners, despite their failed takeover attempt. The US-based investment firm had been given an extended deadline of May 31 to complete the takeover, but it has passed without a deal being reached.
Moshiri reportedly feels obligated to continue talks with 777 due to their significant financial investment in the club this season. However, this decision may prolong the takeover saga, leaving fans frustrated and uncertain about the club’s future.
The takeover has been stalled for over nine months, with little progress made. Other investors, such as MSP Sports Capital, George Bell, and Andy Downing, are waiting in the wings, but Moshiri’s reluctance to move on from 777 is hindering the process.
Fans are growing increasingly impatient, and the latest development will only add to their frustration. The club’s financial struggles and lack of direction under Moshiri’s ownership have already caused significant unrest among supporters.
The Premier League has also expressed concerns about 777’s financial backing, never being satisfied that they had the necessary resources to run a top-flight club. This raises further questions about Moshiri’s judgment in continuing to engage with the group.
As the situation drags on, Everton fans are left wondering who will eventually take over the club and bring an end to the Moshiri era. John Textor has emerged as a potential savior, but doubts remain about his ability to sell his shares in Crystal Palace in time to become Everton’s new owner.
The uncertainty surrounding the club’s ownership is affecting all aspects of the team, including transfer plans. Everton is interested in signing a Premier League striker this summer, but the ongoing takeover saga is likely to impact their ability to attract top talent.
In conclusion, Moshiri’s decision to keep the door open for 777 Partners is a mistake that will only prolong the suffering of Everton fans. It is time for him to move on and engage with other investors who can bring stability and success to the club. The longer this saga continues, the more damage it will cause to the club’s reputation and relationships with its fans.
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