Everton takeover: Keith Wyness suggests deal about to collapse
Everton’s former chief Keith Wyness has insisted he is “losing faith” in 777 Partners’ ability to buy the club.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – claimed the Merseysiders now look like they will be staying in the Premier League, which will help other parties come forward and submit offers for the club.
According to the BBC (23 April), Everton are searching for third-party investment to push through a protracted takeover by 777 Partners – which was agreed in September but is yet to be approved by the Premier League.
On the pitch, Sean Dyche’s side have pulled eight points clear of the relegation zone despite being deducted eight points in the 2023-24 campaign.
In a major upturn in form, the Toffees have won three of their last four Premier League games – including a massive 2-0 victory over rivals Liverpool on Wednesday (24 April)
The Goodison Park club reportedly owe more than £550million in total to third-party creditors.
Wyness ‘losing faith’ in 777 takeover after major Everton twist this week
As it stands, they will need to sell key players in the summer transfer window to comply with the Premier League’s Profitability and Sustainability Rules (PSR).
Wyness told Football Insider‘s Insider Track podcast: “Last week, I really thought the 777 deal was going to get done.
“I thought 777 Partners had found other investment to create a consortium and come together.
“I’m now losing faith in that opinion.
“We’ll have to see how it plays out.
“It’s looking like Everton will be staying up after results in the last week.
“That should help in terms of other potential bidders coming forward because it would’ve been a difficult sell in the Championship.
“I’ve had to downgrade my expectations, even from last week.”
In other news, Man United confident of agreeing Jarrad Branthwaite deal.
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