The Premier League have indicated to Everton’s prospective buyers 777Partners that there their takeover will not be approved before the end of the year raising fears that the club may enter administration next month.
The American private equity firm have loaned Everton over £100million for operating costs since agreeing a deal to buy the club from Farhad Moshiri in September, but have made clear they are not prepared to keep funding them after the New Year.
777 have based their loans on the proviso that a decision would be reached before Christmas, but Mail Sport has been told that the Premier League are still some way from completing due diligence on their proposed takeover.