Another twist in protracted Everton takeover saga with 777 Partners

More bad news for the Blues with reports that one of 777 Partners owned firms having gone into administration.
Everton FC v Crystal Palace - Premier League
Everton FC v Crystal Palace - Premier League / Chris Brunskill/Fantasista/GettyImages

It was all too good to be true wasn't it? Everton finally seemed to have turned a corner last week with a superb streak of three consecutive home wins that ensured Premier League safety again.

Maybe at last after so much misfortune and bad luck the wheel had finally turned in the Toffees favour.

After that run of wins perhaps we might have started thinking about how the club could start to plan for a better future.

But for that to be possible it is clear that the issue of the ownership must be sorted out as soon as possible.

777 Partners have been waiting for the go-ahead on their proposed takeover of the club since agreeing to buy Farhad Moshiri's shares back in September.

The football authorities have taken their time to assess the bid and decide whether they will give the green light for the deal to be done.

Now comes fresh reports that have thrown further doubt over the US investment group's financial viability with claims that an Australian domestic airline they own, entered into administration.

This comes after other alleged issues with the Group's financial involvement in various business arenas and this is the latest one.

At the moment 777 Partners have been given a road-map so to speak from the authorities, in order to enable them to complete their takeover.

An issue like this might well set back that process and so it could be even longer before the group and Everton, will know for sure what is to happen.

Such stories are the last thing Sean Dyche and his players need after a campaign full of so many setbacks and distractions off the pitch.

Most of all of course what the manager and his staff need is some stability and certainty over this issue so that they can start planning for an improved future.

Given all the financial chaos within the club, there is bound to be speculation about what will happen this summer, with rumours already gathering pace surrounding several young players' future.

What the way forward is now is hard to say. With all this uncertainty going on, who knows. There have been other reports that new potential owners might be interested in the Toffees.

With so little time now before the summer transfer window will open, if so, they will have to move very quickly if there is to be time for the club to make any progress in time for next season.