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    Everton remain on track for double transfer despite buyout talks failing

    By Feargal Brennan,

    20 hours ago

    https://img.particlenews.com/image.php?url=0cD4wo_0ubt6FY300

    Following another week of ownership frustration at Goodison Park, Everton remain on the hunt for new investment, but their transfer plans are unmoved.

    Texas-based Friedkin Group (TFG) saw their takeover talks fall through on July 19 following lengthy talks with the Toffees over changes on Merseyside.

    The negotiations fell flat with the prospective new owners citing concerns over the club's debt to private investment firm 777 Partners.

    The £200 million ($258 million) debt, originating from loans made by 777 Partners last season, is now controlled by American insurance firm A-Cap.

    All the latest EPL club news | Team-by-team Premier League schedule for 2024/25 | Latest Premier League top scorer rankings

    Following the decision, Everton will now look to source alternative solutions to their financial crisis with the club owing over £600 million ($775.3m) to three external lenders, including TFG, and an additional £450m ($581.4 m) in shareholder loans to current owner Farhad Moshiri.

    Despite the uncertainty over what happens next off the pitch, head coach Sean Dyche is keen to bolster his squad ahead of the new season, with two deals rumoured to be close to completion.

    Everton are rumoured to have reignited their transfer interest in Leeds United star Wilfried Gnont o despite the EFL Championship side rejecting advances last summer.

    As per the latest update from the I Newspaper , the failed ownership talks have not dented Dyche's plans, and the former Burnley boss is readying a renewed effort for Gnonto.

    One deal which is reportedly closer is a season long loan for Napoli winger Jesper Lindstrom with an option to buy the Danish international in 2025.

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