Everton’s chances of landing a permanent deal to sign Jack Harrison from Leeds United could be dealt a huge blow with the Toffees’ proposed takeover by 777 potentially falling through this week.
The days of turbulent ownership and poor decisions made in the boardroom are hopefully over at Elland Road, but the 49ers are still having to pay the price for the previous regime’s management process.
Loan deals were sanctioned against the will of the club in the summer after relegation, as Leeds had no choice but to let players leave for top-flight moves, but the grass hasn’t proved to be greener yet for a lot of them.
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A chaotic scramble in mid-August saw Jack Harrison agree to join Aston Villa before a late U-turn ended up with him moving to Sean Dyche’s Everton, as he stepped up his recovery from injury that kept him out of Leeds’ pre-season.
He is off the mark for the Toffees, who were hoping that this season would see them put off-field and on-field turmoil behind them with a proposed takeover by 777.
However, the prospective new owners have been dealt a huge blow with talkSPORT reporting today that the takeover is in danger of falling through over major doubts of how 777 finance the actual deal, amounting to over half a billion pounds:
Harrison permanent exit in jeopardy?
This must be a worry for Harrison, looking to make himself at home on Merseyside, but now seeing the club he’s paying for struggling massively from a financial perspective.
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It was reported by David Ornstein that Everton already had plans in place to bring Harrison in on a long-term deal after this loan agreement, but this takeover falling through could scupper those plans quite easily.
Liverpool Echo journalist Joe Thomas almost foreshadowed the financial issues at the club being a major hurdle for Harrison’s transfer, as he spoke to Leeds Live about it:
“A lot of water needs to pass under the bridge before this can be considered.
“Everton could end up in a relegation fight this season and the club’s finances are problematic with uncertainty about whether they will stabilise over the course of the season.
“It is already clear Harrison is a Dyche player though. The key factor may well be whether Leeds United get promoted this season or not.
“A return to the Premier League would strengthen the club’s financial position and that is unlikely to help Everton.”
Everton needed a takeover, with the still-in-place ownership hugely criticised at Goodison Park, and their finances are not in a position where they can be looking ahead to signing Harrison for an eight-figure fee.
This falling through would be a hammer blow to the club’s chances of keeping Harrison beyond 23/24.