777 Partners have responded to fresh doubts about their takeover of Everton.
The American investors continue to face scrutiny since agreeing a deal for Farhad Moshiri’s 94.1% stake at Goodison Park in September last year.
Regulatory approval of 777’s takeover bid is yet to arrive from the Premier League, who sought additional information about their financial resources.
But a report in the Financial Times has now claimed that regulators in Utah and South Carolina are pressuring insurers to ‘cut exposure’ in the group.
In response, 777 issued a statement reaffirming their confidence in being installed as the Blues’ new owners once passing Premier League checks.
They said: “As it relates to the proposed acquisition of Everton FC, 777 Partners is confident in its ability to fund both the transaction and the club’s three-year business plan, the details of which it has provided to the Premier League as part of its ongoing process of regulatory approval.”
The Miami-based group have provided £190 million in loans to Everton during the wait for approval in order to sustain the club’s day-to-day operations.