Everton facing administration threat as takeover deal hangs in balance

Everton Football Club is facing financial turmoil due to the proposed £500 million takeover by 777 Partners, which is in jeopardy following the collapse of their Australian airline venture, Bonzo. The club has consulted insolvency experts and is 11 points clear of the Premier League relegation zone. Despite this, manager Sean Dyche has guided the club to safety, but the club's future remains uncertain pending the outcome of their appeal against points deduction.

Everton Facing Administration Threat As Takeover Deal Hangs In Balance

Everton Football Club is teetering on the brink of administration, with potential new owners 777 Partners encountering financial turmoil. The club’s proposed £500 million takeover by the US investment group is in jeopardy following the collapse of their Australian airline venture, Bonzo. As a result, Everton has consulted insolvency experts, raising concerns about their financial future.

Despite being 11 points clear of the Premier League relegation zone with three games remaining, the Toffees have already been docked eight points this season.777 Partners, who have loaned Everton nearly £200 million to cover immediate expenses, are struggling to finalize the deal. This development has prompted Everton owner Farhad Moshiri to explore alternative ownership options. The Premier League is likely to reject 777 Partners’ bid, further complicating Everton’s situation. Moshiri and interim CEO Colin Chong are working to secure additional loans to keep the club afloat.

Despite the off-field turmoil, manager Sean Dyche has successfully guided Everton to safety with three consecutive wins. However, the club’s future remains uncertain pending the outcome of their appeal against the points deduction. The Premier League confirmed that Everton’s relegation rivals Sheffield United are awaiting the outcome of Everton and Nottingham Forest’s points deduction appeals before their relegation is finalized.

Everton performance and stats

Everton

Manager: Sean Dyche
Rank 15th
Win 13
Draw 9
Loss 15
Goals 39-49
Diff -10

Everton is currently 15th in the Premier League with 36 points.

In the last 35 games, it has won 12 times, drawn 8 times, and lost 15 times. In its last match, Everton won 1-0 against Brentford.​​

It has a negative goal difference after scoring 37 goals and conceding 48.​

Everton will play the next match in Premier League against Luton Town on Friday 3rd of May in Luton. The prediction is Luton Town winning the match.​

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