Everton takeover latest as news on 777 goes quiet

  • 8 months ago
An update on their situation.
Transcript
00:00 The 77th takeover has gone slightly quiet, what can you tell us is the latest there?
00:18 It has gone quiet, I think Everton fans have been perturbed because of the partial takeover by the Uniteds, I think that deal was agreed on December 24th and it's taken less than two months to go through.
00:38 The 777 partners takeover will still be ratified by the Premier League, Richard Masters when he was speaking to the government a couple of weeks ago, probably a month ago now, said that hopefully weeks and it has gone quiet and the loans keep coming, 180 million loans to Everton now to keep the club afloat.
01:00 Everton fans are looking and thinking what's going to happen, I don't think that this perspective takeover affected January, I just think there's no money to spend, I think maybe people thought that if the 777 come in will there be money to come in, we'll know that PSR rules mean that I don't think even when 777 come in they'll have a lot of money to spend, Everton will have a lot of flexibility in the market anyway to be honest, I think they'll have to be quite savvy in the deals that they're able to conduct.
01:28 Obviously now Everton are waiting for this points deduction as well, the appeal process has finished, Everton are waiting to hear the outcome of that and then they've got a second charge overhanging them that they'll have to go to an independent commission later in the season and then if anything happens from that Everton are going to have to appeal that as well and then that will go on.
01:49 So it's not what's needed at the minute for Sean's item, it's true, but they just need to focus as he keeps saying, they've got to block out anything that they can't dictate and that's something that he can't do anything about, he's said that a few times now and the focus has got to be on the pitching and improving because results have been pretty poor of late and Everton's attacking threats has been blunters and Sean's item has got to somehow find a way to improve that.
02:18 pretty good stuff.

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