Those articles look pretty spot on to me. I'd been giving this some thought just this morning and came to very similar conclusions. Also worth noting that the BBC is saying 777 have called in restructuring experts as well.
The only thing making me doubt whether Everton will go into administration next week, assuming they have the 9-point buffer, is the knowledge that Moshiri / Usmanov are into the club for nearly £1bn, and if they go into administration there's a good chance they'll get next to nothing back. With Everton having a three-person board of directors, and Moshiri potentially voting against administration, it will need the other two directors to grow a pair to vote in favour and make it happen. And if they indicate they're going to do that, Moshiri can probably sack them before they do. But if they don't, and it's in the club's best interests that they do, they could become personally and criminally liable in the event of insolvency.
So basically, it needs Moshiri to admit he's lost the lot and do the right thing by the club / company. I'm not sure he will. Board shenanigans may follow.
