Not for Premier League to choose Everton owner, says top-flight chief / Photo: © AFP
-
Spain to cap gas price hikes, extend fuel discounts
-
Stocks move sideways despite oil moving lower
-
'We just need rain': Germany's Rhine river hits new low
-
African leaders to gather in Egypt for business summit
-
Yemen health system at 'breaking point': WHO
-
UK decides against charging foreign visitors for museums
-
Ireland undecided on second Israel match: coach
-
Dallaglio to sell England World Cup winners' medal
-
France's Le Pen defiant after top ally hit by antisemitism claims
-
Brazil come from behind to beat Australia 4-2 in friendly
-
Tom Cruise trades stunts for satire as toxic tycoon 'Digger'
-
Ruthless An retains Asian Games badminton crown as Kunlavut triumphs
-
MEXC Unveils "WE SEE YOU" Brand Visual Refresh, Putting People Behind Every Trade in Focus
-
Alonso to stay with F1 team Aston Martin in 2027
-
Thai capital cleans up after deadly floods
-
China badminton 'still strong' despite Asian Games slump
-
NATO, EU allies rally to Estonia after 'sabotage' blamed on Russia
-
'Exceptional' Turner painting shown in Rome before sale
-
Families demand justice for Cameroon's 'nightmare' wave of murdered women
-
European stocks climb as oil dips
-
Tebas says Man City should face 'most severe' sanctions if guilty of rule breaches
-
Spain aims to ban evictions until 2030 amid housing protests
-
Pochettino calls Man City success 'a period of deception'
-
Kunlavut first Thai man to win Asian Games badminton singles gold
-
Settler attack on West Bank village injures Israeli forces, drawing rare rebuke
-
French far right says antisemitism claims part of 'total war' to derail presidency bid
-
Mystery over UK airbase scare after reports no explosives found
-
'Gift from God': Rain brings relief from Indonesia toxic haze
-
Spanish govt races to adopt housing law under protest pressure
-
Ex-world snooker champion jailed for 7 years for child sex crimes
-
Estonia slams Russian 'sabotage' after arson attack on defence company
-
French teens clash with police as school blockades intensify
-
Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'
-
FIFA accuses UEFA of 'misinformation campaign' in bid for World Cup papers
-
'Like a dream' for An as Games organisers 'sorry' for latest mix-up
-
Myanmar airstrike toll hits 50 as families gather dead
-
Tokyo suffers longest streak of rainy days on record
-
STARTRADER Raises Lloyd's of London Client Fund Insurance to USD 30 Million in Aggregate
-
Indonesia charges train driver over crash that killed 16 women
-
North Korean DMZ landmine blasts 'violation of armistice': Seoul
-
Ruthless An makes history to retain Asian Games badminton crown
-
Sabalenka 'fresh' for first tournament since losing No.1 spot
-
Australian central bank lifts key interest rate to 15-year high
-
Myanmar airstrike death toll rises to 50: aid workers
-
Polo makes landfall in Mexico as Category 3 hurricane
-
North Korean DMZ landmine blast 'violation of armistice'
-
South Korea team latest to be bussed to wrong Asian Games venue
-
South Korea volleyball team latest to be bussed to wrong Games venue
-
Bears thrash Eagles 27-7 as third-string QB Keenum shines
-
Malaysia starts sending Myanmar migrants home
Not for Premier League to choose Everton owner, says top-flight chief
The future of Everton will be decided by owner Farhad Moshiri and not the Premier League, according to the English top-flight's chief executive, as uncertainty over a proposed takeover increases.
Miami-based 777 Partners agreed to buy Moshiri's 94 percent stake in the Toffees back in September but have so far failed to satisfy the Premier League's owners and directors' test, reportedly due to providing proof of funds.
Premier League chief executive Richard Masters was appearing in front of a parliamentary committee on new football governance legislation on Tuesday and asked why 777's takeover had not yet been rejected by the league.
“The Premier League’s role in this, as regulator, is to perform the test," said Masters.
"It is not to decide who the current owner wants to sell his club to. That is his decision. At the moment, he wants to continue to have discussions with 777 about it."
Doubts over 777's ability to fund a deal have grown in recent months due to difficulties with some of their other operations.
Another club owned by the American investment firm, 10-time Belgian champions Standard Liege had their match against Westerlo postponed on Friday due to fan protests after the club were placed under a transfer embargo due to legal and financial problems.
777 have also invested in Serie A side Genoa, German second-tier side Hertha Berlin and Vasco da Gama in Brazil.
Last week, Everton's Fan Advisory Board called for the Premier League to dismiss 777's takeover bid and to "allow discussions with more suitable owners" to take place.
Everton, who have been in the English top-flight for the past 70 years, have reportedly consulted insolvency experts over fears the club could face administration due to soaring debts.
British-Iranian businessman Moshiri has splashed over £500 million ($620 million) on new signings since becoming majority shareholder in 2016, to little positive effect.
Everton narrowly avoided relegation in the past two seasons and defied an eight-point deduction to stay up this season, imposed for two separate breaches of the Premier League's financial sustainability rules.
Moshiri had been seeking fresh investment to help complete the club's new 53,000 capacity stadium at Bramley-Moore Dock, which is due to open for the 2025/26 season.
J.Fankhauser--BTB
