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
has moved into added time after the bidder 777 Partners was granted a last-minute extension to repay a £160m loan.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.
The club has had to borrow hundreds of millions of pounds over the past two years to fund its operations, with debts to third-party lenders now thought to total about £550m.in interest charges to an opaque lender associated with the tax exile Michael Tabor, according to corporate records.
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