After a significant investor in 777 Partners pulled out all of their assets, questions have been asked of Farhad Moshiri surrounding the possible takeover of Everton.
The Esk, who has been forthcoming in his criticism of 777, has insisted that if one of the company’s largest investors, A-CAP, thought to have ploughed over $2billion [£1.57billion] into the business, doesn’t trust them, then Everton shouldn’t either.
This is the latest in a string of concerns surrounding the prospective takeover, with the Premier League having already delayed making a decision.
As shared on X [4 March], The Esk said: “This company called A-CAP, a gentleman called Kenneth King told the world that they were withdrawing all of their assets from 777, and they’re doing so because they’re under pressure because of their association with 777.
“He made it clear that this is as a result of 777’s mismanagement. So here is somebody who is a big backer, we believe he backed them to the tune of more than $2billion. He’s saying that he is withdrawing all of that funding because it’s damaging his business.
“This is one of the biggest funders, if not their biggest funder, saying we have to do this to protect our own business.
“Their business is much bigger and stronger than Everton Football Club, which again points to the question: if a really serious, significant backer and investor of 777 no longer has faith in their ability to manage their assets, why on earth does Farhad Moshiri have that faith?
