Everton’s takeover by 777 Partners could come under threat after an investigation was launched following concerns raised about the firm’s investment in British basketball.
Telegraph Sport can reveal that on Friday, the same day a
deal was announced for 777 to purchase Farhad Moshiri’s 94.1 per cent stake in Everton, the British Basketball Federation began a review connected with the American firm’s co-ownership of the British Basketball League.
The probe relates to late payments made by 777 to the BBL this year that left the latter in danger of failing to pay its bills and triggered a complaint by seven of the league’s 10 clubs to the BBF.
The outcome of the review could have
major implications for the Everton takeover, which is subject to the prospective buyers passing the Premier League’s owners’ and directors’ test.