The embattled prospective buyers of Everton, 777 Partners, have engaged finance restructuring experts, casting further doubts over their ability to complete a takeover of the Toffees.
Over the last two weeks, the Miami-based investment firm has come up against accusations of fraud and suffered financial difficulties in other parts of the business.this week as he looks for clarity regarding their situation, and whether they have the cash available to pay off a £158m loan owed to MSP Sports Capital.
The memo added a "highly skilled consultant" will be working closely with the 777 team to "rationalise" the business and select the "most profitable path forward for our investments".B Riley describe itself as providing "tailored financial solutions" to meet the "strategic, operational, financial advisory and capital needs" of clients.