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EXCLUSIVEEverton buyers 777 Partners implement major staff cost-cutting measures and make redundancies in their London and Miami offices... as Toffees' takeover stalls amid Premier League scrutiny

Everton’s buyers 777 Partners are implementing a major staff cost-cutting programme with the aim of reducing headcount across the business by around five per cent.

Mail Sport has learned there have been redundancies in both 777’s London and Miami offices recently, while the American investment company’s chief financial officer Damian Alfalla has resigned.

777 have been frustrated by the length of time it is taking the Premier League to conduct due diligence on their offer to buy Everton having agreed a sale with current owner Farhad Moshiri last September.

The Premier League have been scrutinising the Everton deal for almost five months in stark contrast to other recent takeovers.