Everton takeover: Wyness ‘positive’ new investors will complete surprise deal
Former Everton CEO Keith Wyness has claimed that 777 Partners will be involved in a new-look group of investors that will complete a takeover deal this season.
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 – revealed that he is feeling “positive” that a takeover deal will now be completed albeit with a surprise twist.
As revealed by Football Insider, 777 Partners have been granted a last-gasp extension to May for the repayment of a £158million loan to MSP Sports Capital.
The repayment of the loan is expected to be one of the final conditions the US group must meet before the Premier League approves their £500million takeover of the Merseyside club.
However, concerns over their sources of funding remain with 777 Partners having to borrow cash externally to fund the deal.
777 Partners could form new group to complete Everton takeover
Wyness has told the Inside Track Podcast that 777 Partners could form part of a new takeover group who join together to fund the deal.
“I’m actually feeling a bit more positive that there will be some solution to the takeover,” Wyness said.
“I don’t necessarily think it’ll be a 777 takeover, but instead they may be part of a group that’s being formed to work out a solution.
“But I think that at the end, they should have a great asset going forward provided that Everton are not relegated.
“It’s a lot of ifs, buts and maybes and there is a long way to go in this saga I’m afraid.“
In other news, Wyness can’t believe ‘truly surprising’ new details on Everton third points deduction
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