Everton takeover and transfer news LIVE - 777 Partners latest, Alex Iwobi claim, Arnaut Danjuma admission
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Welcome to our Everton live blog for Wednesday, September 20.
Reports this week revealed that the Blues are believed to have received a 'sizeable loan' from the investment firm, 777 Partners.
The ECHO understands the loan is for both the club and stadium company side and arrived following the agreement between the two parties on Friday.
It was confirmed last Friday Moshiri had agreed a deal to sell his 94.1% Everton shareholding to the American group. The organisation hopes to complete its takeover of the club before the end of this year. The move would see Everton added to a portfolio of teams 777 has already either invested in or acquired that includes Hertha Berlin, Sevilla and Standard Liege.
It would bring an end to Moshiri’s troubled reign at Everton, a tenure that has seen the club move backwards despite hundreds of millions of pounds being spent on transfers and the launch of the development of a new waterfront stadium.
We will keep you informed on the latest takeover talk throughout the day.
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