Fears Everton could be forced into administration NEXT MONTH as 777Partners ‘are told takeover won’t be approved soon’

FEARS are growing that Everton could be forced into administration next month, according to reports.

The Toffees agreed a takeover deal with 777Partners in September and are currently reliant on the American investment company’s funding to run.

GettyEverton could be forced into administration next month[/caption]

The Premier League have been investigating 777’s suitability as prospective owners since.

Led by co-founder Josh Wander, 777 have hoped to have their takeover approved by Christmas.

According to the Mail, however, the Premier League are expecting their investigation to continue into the new year.

This could plunge Everton into trouble, with the indication being that 777 aren’t willing to keep funding the club via loans beyond the end of this month.

It’s claimed that they have already loaned the Toffees more than £100million since September in order to keep them operational.

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