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Wednesday briefing: Everton takeover: 777 Partners given deadline extension to repay £160 million loan

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17 April 2024 - 4:30 AM

Completion of the proposed takeover of Everton by 777 Partners has been pushed back once again after the Miami-based investment firm was granted a last-minute extension to repay a £160 million loan.

A source close to negotiations told The Guardian that a deal had been agreed over the money owed by the club to a consortium made up of another American investment firm, MSP Capital, as well as the businessmen Andy Bell and George Downing.

The length of exte

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