Everton takeover plunged into doubt amid claims 777 is running out of money

Sources say they are 'confident' of completing a takeover deal but it is becoming impossible to ignore the red flags surrounding the situationthat a budget airline collapsing on the other side of the planet has set alarm bells ringing at Goodison Park.

But it is becoming impossible to ignore the red flags flying around the deal, with the collapse of Bonza – which went into voluntary administration on Tuesday – just the latest ominous sign. There have long been doubts about the group’s ability to complete the takeover, Everton insiders suggested it felt like the deal was “unravelling” on Tuesday morning, although it remained “business as usual” for staff. All wages were paid on time and construction continues at the new stadium, which will be opened in time for the start of the 2025-26 season.

Both Everton and 777 say in public they are continuing to work towards completion of the deal, with a target of completing in four weeks. That is the question that has prompted some to speculate about the threat of administration, but that desperate scenario would not be in the best interests of the club.Time to confront the royal blue elephant in the room: after the delays and doubts, is it damaging Everton to continue to wait for 777?

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