JUST NOW:A $550 million setback caused Leeds United to delay its deal with a Premier League team.

 

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.

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:

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.

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

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