By Victor Kanayo
Recent investigation has revealed that Everton may face a bleak future in England, especially in the Premier League.
According to an exposition on Financial Times, Everton mostly known as the Eagles have been fighting for survival due to financial and administration issues.
Everton being former multiple EPL champions nearly went on relegation at the end of 2022/23 football season.
One year after on May, 2024, the Merseyside football outfit finished another season exactly with 40 points.
Further investigations has now disclosed that too many deals have gone soar in the overall management of the club.
It exposed how Miami investors and 777 Partners’ bid to completely take charge of club affairs have been on the somersault, reason some of their star players opted to leave a season before the just concluded version few days ago.
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Nigeria’s Super Eagles star and midfielder Alex Iwobi was one of them. He left Everton to join Fulham FC where he is at the moment.
Everton takeover was from former British-Iranian owner Farhad Moshiri who fans believed was engulfed in free-spending spree.
The 777 co-founder had led the move to acquire Everton, but fears grew when some believed he was an unserious buyer, despite lending more than $200mn to help pay bills at the cash-strapped club.
However, it was reported that 777 failed to meet the Premier League’s conditions for completing the deal, such as clearing debts Everton took to build its new stadium.
Amidst the controversies surrounding the club, Heritage Times HT gathered late on Friday that another investor, an American billionaire businessman has expressed latest interest to buy over Everton.
He is John Textor, whose company, Eagle Football, owns stake in Crystal Palace.
In any case, Textor’s interest in Everton can only materialise if protracted sale to 777 Partners is not resolved any time soon.
