The proposed takeover of Everton has moved into added time after the bidder 777 Partners was granted a last-minute extension to repay a £160m loan.
The latest missed deadline drags the takeover saga past the seven-month mark since Farhad Moshiri agreed to sell his shareholding in the Premier League club to 777, an American investment firm that has faced months of scrutiny about its ability to raise the funds to complete the deal. Last month Moshiri assured supporters that the deal was in the “home straight”.
