Everton received new loan from 777 Partners
Everton have received a fresh loan from 777 Partners.
Everton owner Farhad Moshiri has announced he's agreed to sell his majority shareholding to 777.
BBC Sport says a loan from 777 has now been received which will help Everton with working capital and also funds for their new stadium project on Bramley-Moore Dock.
While a sale agreement is in place, there remains much work to do to complete the takeover.
However, the new loan arrangement suggests negotiations are running on track.