The Premier League will hold face-to-face talks with 777 Partners as part of the final decision-making process in Everton’s proposed takeover. An agreement to meet has been struck between the league and the Miami-based group, who have been waiting for approval since last September to purchase Farhad Moshiri’s 94 per cent stake in Everton. The discussions come a fortnight after the league, as part of its owners’ and directors’ test, asked 777 to submit further information about the company’s source of funding and its ability to fund the club over a three-year period. Much of the focus in recent days has fallen on Everton’s Profitability and Sustainability issues, with the club having a ten-point penalty reduced to six after an appeal. A second charge relating to a breach of Premier League spending rules remains outstanding, with a hearing set to take place in the coming weeks. However, clarity on the ownership of Everton is also crucial, with 777 having so far loaned the club ab
Reading have been deducted another two points and their owner Mr Dai faces a six figure fine: https://www.efl.com/news/2024/february/27/efl-statement-reading-fc-and-mr-dai-yongge/ Nevertheless, there are limits to what the EFL can do on behalf of fans which is why a regulator with powers to deal with rogue owners is needed.