Latest News : Premier League Finally approves 777 Partners £500million takeover deal to buy Farhad Moshiri’s 94 percent stake at Goodison Park
Latest News : Premier League Finally approves 777 Partners £500million takeover deal to buy Farhad Moshiri’s 94 percent stake at Goodison Park
Former Everton manager Keith Wyness expects 777 Partners will meet with the Premier League this week to finalise the Everton purchase deal.
Speaking on the latest episode of Football Insider’s Inside Track podcast, the 66-year-old, who was CEO at Goodison Park from 2004 to 2009 and now runs a football consultancy advising elite clubs on takeovers and governance, suggested that the Premier League had taken “way too long” to make a final decision.
In September, 777 Partners agreed to pay £500 million for Farhad Moshiri’s 94 percent share in Goodison Park.
However, the Miami-based group is still awaiting approval from the Premier League, with questions over its finance source delaying the decision.
As Football Insider reported, 777 Partners has arranged face-to-face negotiations with the Premier League as the takeover deal nears completion.
Crunch Everton takeover talks are taking place imminently
Wyness says he has been assured by his own sources that the two parties will meet this week and hopes that the results will result in a definitive settlement to the agreement.
“I believe 777 Partners are meeting with the Premier League this week to discuss the takeover,” Wyness told Football Insider.
“Let’s hope that is the final solution to get things rolling.
“It appears the Premier League has been taking far too long on something like this.
“I sympathize with 777 in this situation since they have continued to act honorably and reasonably.
“If there are problems with them – and there has been a lot of talk – then fair enough.
“But let’s get a decision and let’s find out where we are.”
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