The deadline for completing Everton's sale to 777Partners has already expired with both parties increasingly frustrated at the length of time it is taking the Premier League to rule on the deal. Mail Sport has learned that Everton and 777 have extended the original completion date, but agree that the current stand-off cannot continue beyond next month. The Premier League have the authority to approve 777's takeover bid, approve with certain conditions attached or reject it entirely. 777 are an umbrella organisation involving over 60 companies with close financial links, which has presented challenges to the Premier League in assessing their assets. The company's football division already have significant stakes in five major clubs including Genoa and Standard Liege, several of whom have reported recent issues over late payments.

Source: Express February 27, 2024 19:41 UTC