- Club believed to be waiting for further £15m of loans from 777
- Advisory firm Teneo deals with restructuring and insolvency
Everton are calling in a leading firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover of the Premier League club by 777 Partners.
The move comes as the club are believed to still be waiting for a further £15m of loans that 777 had pledged to provide Everton with during April, according to one 777 source.
