Everton's ownership situation will be decided by current owner Farhad Moshiri and not by the Premier League.
That is the view of the league, whose chief executive Richard Masters spoke on the matter this week.
Masters has outlined the league's stance regarding 777 Partners, who are still attempting to finalize a takeover.
The Premier League's role in this, as regulator, is to perform the test," said Masters.
"It is not to decide who the current owner wants to sell his club to. That is his decision.
At the moment, he wants to continue to have discussions with 777 about it."