EVERTON could be forced to sell one of their big name players if their takeover is blocked.
Toffees owner Farhad Moshiri had agreed to sell the club to US investment firm 777 Partners in a deal said to be worth more than £500million.
But right now, Moshiri is not prepared to pump any more money into Everton and is relying on loans from 777 and MSP Sports Capital to cover mounting monthly losses.
The businessman is worried the Premier League, FA and Financial Conduct Authority will not give the planned take over the green light.
Doubt also persist on whether 777 Partners will pass the examination.
Next month, Everton will appear before an independent commission for an alleged breach of the Premier League’s Financial Fair Play rules.
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The club in March posted losses for a fifth successive year culminating in a deficit of £430m over that time period.
It leaves Everton desperate to secure a substantial financial package to safeguard their future.
According to the Daily Mirror, the Merseysiders will be open to selling their top stars in a bid to stay financially afloat.
The likes of England keeper Jordan Pickford and star striker Dominic Calvert-Lewin could be up for sale.
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British-Iranian Moshiri has been seeking a way out of the crisis club since his business partner and Russian oligarch Alisher Usmanov was sanctioned 17 months ago over his links to Vladimir Putin.
But he has since confirmed in a letter to shareholders that he is willing to sell up.
The deal is said to be worth more than half a billion pounds, according to the Telegraph.
Source: Soccer - thesun.co.uk
