Jamie Carragher said he is worried about the future for Everton as the club’s takeover saga drags on.
The former Liverpool player, turned pundit, believes the uncertainty about the ownership of the Blues is a far bigger concern than the regulatory issues that this week led to a second points deduction for the season.
US group 777 Partners agreed a deal with current majority shareholder Farhad Moshiri back in September but the move is still awaiting approval by the Premier League. While doubts exist over whether that will come, the firm is also shrouded in concerns about its suitability as an owner of the club due to questions around its wider business dealings.
Everton supporters disappointed over lack of answers from Howard Webb and PGMOL
'It's delicate' - Sean Dyche gives update on injured Everton forward
Everton’s financial situation has once again been thrown under the spotlight in recent weeks as the publication of the club accounts revealed an underlying loss of £89.1m before an independent commission this week deducted two further points after the club was found to have breached Premier League spending rules for a second time.
The Blues have appealed against that verdict but face a further battle with the league after this season, when the parties will argue over the club’s handling of interest on loans it said were used towards the funding of the new stadium. That could lead to further sanction.
Yet against that backdrop a bigger issue for concern is over the ownership of the club. While 777 have so far failed to win the backing of the Premier League, they have spent the past seven months providing significant loans in order for Everton to operate - money the club will owe should 777 fail to complete the
Read on liverpoolecho.co.uk