Premier League team is facing a £550 million hit that might jeopardise the Leeds United agreement - View - Flashfootballnews
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Sean Everton

Premier League team is facing a £550 million hit that might jeopardise the Leeds United agreement – View

Everton’s hopes of completing a permanent agreement to capture Jack Harrison from Leeds United could be jeopardised if the Toffees’ proposed acquisition by 777 falls through this week.

The days of tumultuous ownership and terrible boardroom decisions are presumably past at Elland Road, but the 49ers are still paying the price for the former regime’s management procedures.

Loan agreements were sanctioned against the club’s will in the summer following relegation, as Leeds had little choice but to let players go for top-flight opportunities, but the grass hasn’t been greener for many of them yet.

Jack Harrison
Jack Harrison

How is Jack Harrison doing at Everton?
Jack Harrison agreed to join Aston Villa in mid-August until a late U-turn saw him move to Sean Dyche‘s Everton as he stepped up his recovery from an injury that kept him out of Leeds’ pre-season.

He’s off to a bad start for the Toffees, who were hopeful that a potential takeover by 777 would put off-field and on-field upheaval behind them this season.

However, the proposed new owners have been struck a severe blow, with talkSPORT reporting today that the takeover is in jeopardy because to major uncertainties over how 777 will finance the real deal, which is worth more than half a billion pounds:

Is Harrison’s permanent departure in jeopardy?

This must be a source of concern for Harrison, who is attempting to establish himself on Merseyside while also witnessing the club for which he is paying struggle financially.

Jack Harrison
Jack Harrison

According to David Ornstein, Everton already had preparations in place to bring Harrison in on a long-term deal following this loan agreement, but this takeover falling through could easily derail those plans.

In an interview with Leeds Live, Liverpool Echo journalist Joe Thomas virtually forecasted the club’s financial problems as a key impediment to Harrison’s transfer:

“A significant amount of water must pass under the bridge before this can be considered.”

Everton could face relegation this season, and the club’s finances are precarious, with no guarantee that they will stabilise over the course of the season.”

“However, it is already clear that Harrison is a Dyche player.” The major aspect may be whether or not Leeds United are promoted this season.

Jack Harrison
Jack Harrison

“A return to the Premier League would strengthen the club’s financial position and that is unlikely to help Everton.”

Everton required a takeover after the club’s current ownership was heavily attacked at Goodison Park, and their finances are not in a position to sign Harrison for an eight-figure fee.

If this deal falls through, the club’s prospects of keeping Harrison beyond 23/24 would be severely harmed.

 

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