The Eks shares new 777 Partners funding update as £190m Everton loan news emerges.

The Eks claims that a story suggesting 777 Partners had invested a further £30 million in Everton is, in fact, a commitment of funds in case they become necessary rather than a fresh infusion of capital.

The Everton financial expert, who has been highlighted in the Daily Mail, stated on Thursday, February 1, on Twitter that the American company has committed to providing the Toffees with an extra £30 million if necessary in order for their takeover to be authorized.

According to reports [Daily Mail, 1 February], 777 had promised to lend Sean Dyche’s team that much this month, bringing their total loan amount at Goodison Park to £190 million. However, it doesn’t seem to be the same as prior investments made to the club.

“Looks like the reported £30 million from 777 Partners is a pledge of funding if required rather than a new cash injection,” The Esk said in a post on X.

Though it doesn’t appear as clear-cut as it did on Thursday, the news had suggested that 777 Partners was sure of getting approval for their takeover because they were once again willing to spend more money on the Toffees.

The American investment business has previously given Everton enough cash to essentially keep the lights on in Merseyside’s blue half, but this time they will only pay that price if it is necessary.

Everton supporters haven’t heard anything about this takeover for a while; since 777 was given the go-ahead by the Financial Conduct Authority in 2023, not many details have surfaced.

The Toffees’ financial future is in jeopardy, so perhaps some clarity on the deal will surface sooner rather than later. Supporters do not want to be informed that their team’s monthly loans are what allow them to stay afloat.