The takeover of Everton football club has not been completed despite the agreement in place. If the deadline is not met, there is a potential for the club to seek new bidders. The extension of the deadline is expected to be a matter of weeks and not months. The buyers, 777, are still in the process of raising the required funds to complete the purchase and also need to deposit £60m into an escrow account for the club’s use.
The club is also facing points deductions due to breaches of the Premier League’s Profit and Sustainability regulations. The process is described as taking more time, and the club is considering an appeal against the second points deduction. Despite these challenges, the focus is on moving forward and staying united as a team. The players and the club are determined to react positively to the news and to face the upcoming match against Chelsea with a strong and united front.
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