Everton call in insolvency advisers amid fresh doubt over 777 takeover

Club believed to be waiting for further £15m of loans from 777
Everton call in insolvency advisers amid fresh doubt over 777 takeover

FRESH DOUBT: The developments raise further questions regarding whether 777 will be able to complete its takeover of Everton – and how the club will be funded until the end of the season.

Everton are calling in a leading firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover of the Premier League club by 777 Partners.

The move comes as the club are believed to still be waiting for a further £15m of loans that 777 had pledged to provide Everton with during April, according to one 777 source.

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