The owners from Miami reached a deal in September of last year to sign the bulk of Moshiri’s shares, but their attempt to acquire the Toffees is on the verge of failing. Not only did they not meet the Premier League’s ownership requirements, but they still haven’t raised the necessary money to buy the entire team.
In other words, unless something happens that surprises everyone, Moshiri will officially leave 777, and the deal appears to be “dead in the water.” One US business is interested in purchasing Everton, according to a May 31 article by Mark Douglas for the Inews website. John Textor, a shareholder in Crystal Palace, has also expressed interest in purchasing Moshiri’s Goodison Park holdings.
On Saturday morning, it is anticipated that the Toffees will validate the most recent update on 777.
It will be interesting to observe Moshiri’s next steps in handling the matter. There have been suggestions that Everton is in secure financial standing and won’t go into administration. In addition to advancing negotiations with potential parties interested in acquiring his majority shares, Moshiri will collaborate with the club’s principal creditors.
Everton was penalized 10 points for violating the profitability and sustainability criteria (PSR) in the last campaign, but the team is certain that they are not being forced to sell big before the end of June in order to avoid further punishment.
The club may sell them if the price is right. A number of players have been linked to moves to elite teams like Jarrad Branthwaite and Amadou Onana. The Toffees are also negotiating fresh contract extensions with Seamus Coleman, Ashley Young, and Dominic Calvert-Lewin.
