777 Partners’ planned takeover of Everton has been hit by fresh doubts.
Farhad Moshiri brokered a deal with the American operators of a multi-club network last September but has yet to receive Premier League approval.
The Josh Wander-led group continue to be plagued by concerns they lack the necessary funding capabilities to take the reins at the Goodison Park club.
But 777’s quest for ownership of the Blues is now under fresh scrutiny as the deadline to meet one of the Premier League’s conditions for approval looms.
According to Sky News, the Miami-based firm have requested an extension to their timeline to repay a combined £158 million loan to three stakeholders.
MSP Sports Capital, who previously rivalled 777’s bid, and local businessmen Andy Bell and George Downing are due to be repaid this coming Monday.
The loans were brokered last summer as part of a financing package for the completion of Everton’s impeding new stadium at Bramley-Moore Dock.
Aside from the repayment, 777 will also have to satisfy other conditions set down by the Premier League if they are to receive full takeover approval.
Those terms include a £60M deposite into an account for use by Everton while also converting more than 80% of their own loans to the club into equity.