Everton have called in a leading firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover of the Premier League club by 777 Partners.
The move came while the club were believed to be waiting for a further £15m of loans that 777 had pledged to provide Everton with during April, according to one 777 source. When asked about that £15m in loans, a 777 spokesperson said that – after a delay – “the club has been provided with the working capital it needs as of today [Tuesday]”. He would not say how much of the £15m had been provided.
