- Things seems to be going from bad to worse
- Sky Sports’ financial expert, Kieran Maguire, writes about Everton’s takeover
Everton Football Club’s intended takeover is still moving slowly, and Sky Sports’ finance analyst Kieran Maguire has released some unsettling news.
Everton takeover latest
Even though the Blues are playing better right now—they defeated Crystal Palace 3-2 on an away match in the Premier League on Saturday afternoon—there is still a lot of anger off the field. Even if many Everton supporters are eager for Farhad Moshiri to step down and reign in a new era at Goodison Park following an uneventful tenure, his reign as the team’s owner is still going strong.
In recent months, 777 Partners has emerged as the clear favorite to acquire a controlling stake in the Blues; nevertheless, concerns over their abilities have also begun to surface. This is a crucial period in Everton’s history because they will be moving to a brand-new stadium in the summer, therefore they need to choose wisely regarding ownership.
Nonetheless, it seems like bad news about the saga never ends, and this week has started off much worse than it did last week.
“Another red flag” in Everton takeover
Speaking to Football Insider, finance expert Maguire reacted to what he has now heard with regards to another worrying takeover update at Everton, as 777 Partners received a huge credit ratings downgrade last week.
“Yes, this does look like another red flag. I think the financial credibility of any owner is critical, especially for a club as senior and as prestigious as Everton Football Club.