Everton’s potential new owners 777 Partners have been defended in Germany; with an insistence they’ve always provided money when it’s been called for.
Hertha Berlin managing director Thomas E. Herrich has been speaking about the American group today in relation to SportBILD.
The German side are one of several that the 777 group own alongside the likes of Standard Liege in Belgium, Red Star FC in France, CR Vasco de Gama in Brazil and Geona n Italy.
They want to add Everton to that group and have been locked in negotiations since last year to buy the club from Farhad Moshiri.
The deal has not yet been approved by the Premier League, though, who have continually blocked the proposal and refused to give it their approval over concerns about 777’s ability to finance the deal.
That is a concern which still remains, despite reports this week indicating they have provided further funds to Moshiri to help with the running costs at Everton, taking their investment before purchasing the club to over £200m by most estimations.
That would suggest they do indeed have the funds to complete their purchase of Everton, although there have been consistent reports from their other clubs of late payments, missed deadlines and borrowing.
Herrich, though, insists he’s never had any issues on the financial side during their time in charge of Hertha.
“We have had very good experiences with our partner so far,” he said, when asked specifically about delays with the Everton takeover.
“All agreements were kept. The agreed payments of €75m, which we received not as a loan but as equity, were made in full. The last tranche was also received well before the deadline.”