Everton call in insolvency specialists as new doubts circle 777’s ability to complete takeover
May 1 – Everton’s protracted takeover by 777 Partners has been thrown further into doubt by the club calling in a leading firm of restructuring and insolvency advisers.
Teneo have reportedly been tasked with finding an alternative buyer to 777 Partners should they fail to come up with the cash to buy the club.
The move came while the club were believed to be waiting for a further £15 million of loans that 777 had pledged to provide Everton with during April.
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