Everton could be forced to sell one of their star players should 777 Partners fail to complete their proposed takeover of the club.
Over eight months have now passed since the Miami-based firm announced they had reached an agreement with Farhad Moshiri over purchasing his 94 per cent stake in the club. However, the Premier League are yet to approve.
The latest report by iNews suggests that Everton and 777 are continuing to work towards the completion of the deal, with a resolution within four weeks.
However, it’s understood that further work to land “alternate” funding has occurred in the background.
INews also suggest Everton are being “informally” shopped around, but the club’s debt makes any potential deal tricky.
There have also been suggestions of Everton holding talks with financial advisors as they seek to avoid the prospect of administration should 777 fail to complete their takeover.
Clearly, considering all the moving parts, there could be a need for the club to raise funds in the summer, which could lead to some big-name departures.
Jordan Pickford could be sold as Everton 777 Partners chaos continues
Jordan Pickford is arguably one of Everton’s most valuable players and has shown his worth once more this season, particularly during the Toffees’ good recent run.
Behind Jarrad Branthwaite and James Tarkowski, the £30million signing has been rock-solid, racking up the second-most clean sheets in the division.
Pickford’s efforts haven’t gone unnoticed, and talkSPORT have now shared the latest on the Englishman’s future.
The report claims Everton could be forced into selling the former Sunderland man if 777’s takeover collapses.
It’s believed the Toffees have had to borrow another £16million to pay their latest wage bill.
777 Partners must resolve Everton mess before it’s too late
Everton’s current situation is difficult, to say the least. The sooner 777 Partners manages to take control of the club or find new funding, the better.
It should never have reached the stage where Everton are genuinely concerned about the prospect of administration. The club’s Premier League fate has been secured, and now Evertonians deserve some stability off the field.
Big-name players departing will, unfortunately, become a frequent occurrence should this saga drag on into the summer months and next season.