Josimar report they missed the promised recent cash injection to us.
The original story is Bloomberg and they have a clear source at the firm approached. Everton had meetings with at least two of the Big 4 last week.
As a minimum the club needs to find away to restructure existing debt to buy more time for a takeover. I cannot see any way 777 get across the line now so to avoid administration at some point in the coming months we need a new, better resourced, buyer. Not impossible but not comfortable either.
As a fanbase we need to stop burying our heads in the sand about the scale of our financial mess. We are on a cliff edge.
https://www.theguardian.com/football/2024/apr/30/everton-call-in-insolvency-restructuring-advisers-777-takeover-doubt?CMP=Share_AndroidApp_Other
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