Everton fans insist they have ‘dodged a bullet’ after 777 Partners takeover collapsed… as they urge the club to ‘find the right owners to take us forward’

Everton fans have reacted with relief to the news that the proposed takeover of the club by 777 Partners has failed.

In a statement issued to the club websiteEverton announced that their purchase agreement with the American investment firm had expired on Friday, May 31.

The Miami-based investment company had been in talks since September to acquire Farhad Moshiri’s majority stake in the club, but there were growing doubts about their ability to buy the club and provide long-term financing.

Moshiri had granted a two-week extension to their purchase agreement in May, and their latest statement comes after the Everton owner held extensive face-to-face discussions with representatives of the investment group in London.

Reacting to the news, Everton fans have insisted they have ‘dodged a bullet’ but called on the club to find the right new owner to take the club forward in the coming years.

Everton fans say they have ‘dodged a bullet’ as the takeover falls through

However, fans are keen to see Everton get a new owner soon so they can move up the ladder

One fan said: ‘Thank God. Absolutely outrageous that Moshiri ever agreed to sell to these people; it would have meant the death of the club.

“We’re far from out of the woods, but this was a huge bullet dodged. I never want to hear about it again.’

Another fan echoed the comments, saying, “It’s all over finally. Big relief. Huge bullet dodged. Find the right owners now to help us move forward.”

A third fan commented: “Good call, but about 7-8 months late,” while a fourth wrote: “Let’s hope the ownership issue gets resolved sooner rather than later.”

While a fifth Everton fan said: ‘Thank God it’s not a 777 but come on, someone buy us and make us an ace again…pleaseeeee.’

777 Partners had provided the club with several unsecured loans worth around £200 million to help the Toffees manage their operating costs.

Mail Sport understands that 777 Everton, which is building a new stadium on the banks of the River Mersey, provided an additional £8 million injection in early May.

Moshiri, who has a 94.1 percent stake in the club, appeared to be on the verge of cutting ties with the company after the investment company was hit by a series of negative headlines raising questions about the company’s operations.

One Everton fan said they are ‘not out of the woods yet’ despite the failed takeover

In May, the company was accused of fraud in a New York lawsuit – the 17th in which the company was named. In that case, Pasko and Wander were accused of “operating a massive grenade scheme and a full-blown Ponzi scheme.” in the worst case’.

Meanwhile, Bonza, Australia’s 777 budget airline, went bankrupt, leaving passengers stranded in Austrlia.

The investment firm also had their assets frozen in Belgium after they allegedly defaulted on payments related to top club Standard Liège. The club had been too

Supporters had become angry at the club’s running, with fans pointing the blame at 777. The club was forced to postpone their match against Westerlo in early May after fans protested in anger against Standard’s ownership over the club’s operation.

“The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority interest in the Club expired today,” the Toffees wrote on Saturday.

‘The Club’s Board of Directors recognizes the significant financial support that 777 Partners has provided to the Club over recent months and would like to take this opportunity to thank them.

“The Club will continue to operate as usual while working with Blue Heaven Holdings to assess all options for the future ownership of the Club.”