GOODISON NEWS 🔵 New Everton owners to face scrutiny as takeover update emerges – Shango Media

GOODISON NEWS 🔵 New Everton owners to face scrutiny as takeover update emerges

Paul Brown has shared that any new Everton owner is set to face the same scrutiny that 777 Partners did to ensure they are credible candidates for club ownership.

The Miami-based firm failed to pass the Premier League’s owners and directors test and failed to complete a takeover as a result.

However, the “credible” bids Farhad Moshiri is now receiving should have no such trouble navigating the same level of rigorous scrutiny.

The investigative journalist posted on X (11 June), writing: “Taking on Everton a big responsibility and any new owner will face same scrutiny 777 did.

“We know little about ultimate source of funding for any of these bids yet, and as Fan Advisory said, they need to outline their plans and vision to fans. Turning ship around will take time.”

How long will it take for Everton to be taken over?

Several processes must be completed before a takeover of Everton can – or should – be completed.

Moshiri must decide which bidder to sell the club to – and there appear to be several names in the frame now – but how he chooses to select his preferred candidate comes down to his priorities.

He could instigate a bidding war by playing the parties against each other and choose the best economic offer, but Everton fans will hope he considers more than just the finances.

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Moshiri should also do his due diligence on the major players involved in the bids that have arrived on his desk and seek to choose a candidate that can be trusted – and has the resources – to act in Everton’s best interests.

The Premier League, too, has its conditions that must be met, which helped to protect the Toffees against the potentially disastrous reign of 777.

It may not be as quick a process as anyone involved would like, but that is the cost of ensuring the best decision is made.

In other Everton news, the Toffees may need to sell Dominic Calvert-Lewin to seal a new transfer.

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