More chaos with Everton takeover as 777 Partners have lost control of Brazilian club
This is just the latest controversy to have dogged the US investment group and has seen a Brazilian court remove them from control of the club, at least provisionally.
It comes alongside a decision by a Belgian court seized the group's assets there. And so their prospects of taking control of Everton appear to grow dimmer by the day.
The last few weeks and months have seen court action against 777 Partners in the US for alleged fraudulent practice and an Australian domestic airline they own go into voluntary administration.
It is now surely impossible to imagine that the group who bought out Farhad Moshiri in September, can ever take control of the Blues and that leaves the future of the club in severe limbo.
As we have previously reported Everton claim to have plans in place to cope should the takeover not get the green light and proceed.
Those plans will now almost certainly have to be activated with this relentless drip, drip of problems leaving their bid in seemingly terminal crisis.
Whatever plans there are it is certain players will be sold in this coming window (as Kevin Thelwell appears to have confirmed) and that means Sunday's match at Arsenal is a farewell occasion to several of them.
Most likely to go are Amadou Onana and quite possibly Jarrad Branthwaite too, although there has to be hope that he won't ultimately have to leave Goodison Park.
In response to all this bad news - which at the very least has done more damage to the reputation of the Miami-based investment group - they have issued a statement criticising the Brazilian court's decision.
Where all this leaves their bid for control of the Toffees as far as the football authorities are concerned, is anyone's guess.
Although there have been hints and rumours that other parties were potentially interested in taking control of Everton, so far we haven't seen anything concrete yet.
Time though is tacking on quickly and with the transfer window opening in just a few weeks time any such alternative investor will have to act very soon.