In March, it emerged that the Premier League indicated a conditional approval of a bid for Everton. The suggested conditions included depositing £60m into an escrow account, converting £160m of loans into equity, demonstrating access to funding for the new stadium, and repaying a loan to the club. The US fund that is pursuing the bid already owns several clubs, but has faced scrutiny over its fundraising capabilities. 777 Partners, the US fund, has reached out to various lenders, including Blue Owl Capital, a US-based private credit provider, to secure funding for the purchase of the club.

Meanwhile, Everton has faced two points deductions for breaking Premier League profit and sustainability rules. The club was initially deducted 10 points in November, later reduced to six, and received an additional two-point punishment earlier this week. The Premier League explained that the independent Commission considered various factors in determining the appropriate sanction, resulting in the two-point deduction. As a result of the deductions, Everton currently has 27 points, placing them just two points above the relegation zone.