According to reports in England, Genoa owners 777 Partners have passed the Premier League Owners and Directors Test, so are on the verge of the Everton takeover.

The American fund has been attempting to complete the takeover of the troubled Premier League club for months and is currently paying bills to help keep them afloat.

The delays were partly because of question marks over the reliability of the company, which already owns clubs including Serie A side Genoa, Hertha Berlin in Germany and Standard Liege in Belgium.

Now TEAMtalk claim that there has been a huge step forward with suggestions 777 Partners will be given the all-clear as soon as they pay back an outstanding £158m loan to MSP Sports Capital.

This should give them time to complete the takeover by May.

Genoa can benefit from this by effectively sharing resources and exchanging players in loan deals.

However, some Grifone fans are concerned that the Premier League side might distract 777 Partners from otherwise making investments in their own club.

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