Everton takeover news ‘amazes’ Kieran Maguire
Everton owner Farhad Moshiri’s refusal to recognise the “red flags” surrounding 777 Partners is “amazing” as further concerns emerge about the US-based group.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that it now seems a “parting of the ways” is coming after recent revelations.
Premier League chief Richard Masters has spoken out (as per BBC, 14 May) to confirm 777 have been issued conditions they must meet before their takeover is approved.
The Miami-based investment group agreed a deal with Moshiri to buy Everton last September – eight months ago.
Since then, accusations have emerged about players being unpaid at Standard Liege – one of 777’s other clubs.
Bonza, an airline operated by the group, has also entered voluntary administration – while a fraud lawsuit has been filed against 777 in New York.
777 collapse ‘can’t come fast enough’ for Everton, says finance expert
Maguire suggested Evertonians will be relieved if the takeover bid is to fail in the coming days and weeks.
He told Football Insider‘s Sean Fisher: “The news from Standard Liege with regards to the potential late payment of wages, combined with Bonza Airlines going into administration and lawsuits from financers – it’s just red flags on red flags.
“It’s amazing that Farhad Moshiri has taken this long to realise that his preferred bedfellows, who the Premier League were minded to approve, are potentially not the right people for as important a role as owning a club like Everton.
“It looks as if there will be a parting of the ways, and I imagine for all Evertonians – that couldn’t come fast enough.”
In other news, Everton planning to “sacrifice” star man to keep Jarrad Branthwaite.
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