DEAL AGREED: Everton now close to agreeing new off-field deal; 777 Partners not wasting time

According to one report, Everton are in advanced talks to finalize what might be a contentious off-field transaction.

What is the most recent Everton news?
The Toffees’ start to the new Premier League season has been disappointing under Sean Dyche, with the club failing to follow up promising wins against Brentford and Aston Villa with a setback to Luton Town at Goodison Park last time out. The team could be in course for another struggle at the bottom of the Premier League standings, with only four points from their first seven top-flight games.

Everton owner Farhad Moshiri CONFIRMS deal with 777 Partners, with  controversial American investment firm taking 94.1% controlling stake in  club | Daily Mail Online

Off the field, though, there has been better news, with the potential of 777 Partners gaining complete control of the club. The business agreed to buy Farhad Moshiri’s entire share in the club last month, but the deal still needs to be approved by the Premier League, FA, and the Financial Conduct Authority.

However, current sources say that Burnley, Leeds, and Leicester have sent a combined letter to 777 about potentially suing the club for £300 million if they are found guilty of breaking Premier League spending restrictions. However, the team appears to be making off-field preparations for the 2024/25 season, including a new clothing provider.

In the last 48 hours, Football Insider revealed a report about Everton and a potential new kit maker. The Toffees are said to be in advanced talks with Castore over a contract that might be 777 Partners’ first commercial deal.

Castore is currently under fire from Aston Villa, while Newcastle United has already exercised an early exit clause with the corporation. There has also been criticism from other clubs they supply, such as Rangers and Wolves, so a deal with Everton might be contentious.

Who manufactures Everton’s kits?

Hummel : la marque danoise qui sort de l'ombre - Eurosport
Everton are now in a collaboration with Hummel, but the contract is set to expire at the end of the current season, which looks to have prompted talks with Castore. According to Football Insider, Hummel’s contract on Merseyside is worth roughly £8 million per season, which is more than Castore pays for any of the clubs they represent.

Aston Villa’s men’s and women’s teams have complained about the ‘wet-look’ of Castore’s jerseys, and the company is looking into short-term solutions. As a result, signing with Castore could be a risk for Everton, especially as Newcastle, Rangers, and Wolves appear to be dissatisfied with the company.

However, it appears that an agreement will be reached in the coming months, especially given the necessity to plan ahead of time for a new kit for the 2024/25 season.

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