Miami-based 777 Partners close to agreeing Everton takeover
Miami-based 777 Partners are close to agreeing a deal to take over Everton.
The multi-club investors have been in discussions with Everton majority shareholder Farhad Moshiri since the news that New York group MSP Sports Capital had ended its exclusivity agreement with Moshiri.
The group 777 already have a number of football clubs in their portfolio including Sevilla, Hertha Berlin and Standard Liege, with the fans of the Belgian side holding a demonstration criticising their involvement at their last game.
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The move by 777 would be a full takeover, once all the Premier League requirements are met, which could take several months to complete.
In February, Moshiri told Everton’s fans’ advisory board the club was “not for sale” but it appears the British-Iranian businessman is now willing to sell the club.
Despite investing more than £750m since 2016, some Everton supporters have been unhappy about his ownership.
They held protests before some games at Goodison Park last season calling for Moshiri and the board to leave.
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Everton are winless in the current Premier League season having taken just one point from their opening four games leaving them in 18th in the table.
Sean Dyche’s side, return from the international break with a home game against Arsenal on Sunday.