777 partners have indicated there will be delays to any takeover completion after pushing back the target date for completing the deal to acquire Everton.
According to Sky News, 777 partners have informed the Premier League and prospective lenders that they will delay any takeover of the Toffees until late next month.
Sources also suggested on Wednesday an extension to a repayment deadline was requested for a loan of nearly £160m
The money is owed to American-based MSP Capital and Merseyside Businessman Andy Bell-founder of the investment platform AJ Bell-and George Downing and is due to be repaid by next Monday.
It is unclear whether lenders have responded formally yet to the request.
777 owns several sports assets but has faced increasing scrutiny over the financial health of its affiliated businesses in industries such as reinsurance.
777 Partners have approached many lenders to help fund the deal to acquire the football club.
The Premier League have previously approved the deal in principle but has stipulated that 777 meet several requirements for the agreement to be completed.
To become the new owners of the Toffees, 777 must deposit £60m into an escrow account to keep the club afloat.
The Miami-based consortium must also show proof of funds to complete the construction of Everton’s new stadium at Bramley Moore Dock.
