Everton's potential owners 777 Partners have agreed a £500MILLION deal to buy the club from Farhad Moshiri... but questions remain whether they can really afford to take on the Toffees
1 year, 6 months ago

Everton's potential owners 777 Partners have agreed a £500MILLION deal to buy the club from Farhad Moshiri... but questions remain whether they can really afford to take on the Toffees

Daily Mail  

Everton's prospective owners are facing serious questions about the source of their funding after 777 Partners agreed a deal worth more than £500million to buy the club from Farhad Moshiri. 777 co-founder Josh Wander is on the verge of adding another team to the company's multi-club model with the purchase of Everton Farhad Moshiri has been a majority stakeholder at the Liverpool club since 2018 Moshiri, who has been the majority stakeholder at Everton since 2018, wrote in a statement: ‘The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago. It’ll be interesting to see how they see the club moving forward - off the pitch with business and the stadium, plus on the pitch.’ Josh Wander, who co-founded 777 in 2015, said in a statement: ‘We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values.’ Your browser does not support iframes. Even manager Sean Dyche claimed that he was in the dark about the potential takeover Everton must attend an independent hearing on October 25 over an alleged breach of the Premier League’s profit and sustainability rules and 777 might be able to walk away from the deal if Everton are docked points.

History of this topic

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2 weeks, 1 day ago
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7 months, 3 weeks ago
After Friedkin’s decision, are Everton now the unbuyable football club?
8 months ago
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8 months ago
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9 months ago
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How Everton could yet prove an attractive buy despite nearly £1bn of debt
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10 months, 2 weeks ago
Everton receive last-minute £16m cash injection from 777Partners to allay fears staff may go UNPAID next month... but prospective owners' takeover bid remains blocked despite £200m investment
10 months, 3 weeks ago
Everton 'are granted an extension to the deadline for a £158m loan to be repaid'... as prospective owners 777 Partners 'look to raise funds' to acquire 94.1 per cent stake in the Toffees
11 months ago
Everton's takeover is 'thrown into doubt as prospective owners 777 Partners request an extension' to complete the deal... as American firm 'look to raise funds' to acquire 94.1 per cent stake in the T
11 months, 1 week ago
New Everton takeover concern as 777 Partners scrambles to fund purchase
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Everton losses double to £89m as financial issues deepen ahead of second profit and sustainability charge
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Everton's prospective owners 777Partners are told by the Premier League they must show evidence of access to more than £400m before their takeover can be approved - with top-flight 'minded to approve'
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1 year ago
Everton buyers 777 Partners implement major staff cost-cutting measures and make redundancies in their London and Miami offices... as Toffees' takeover stalls amid Premier League scrutiny
1 year, 1 month ago
Everton facing further punishment for breaking Premier League financial rules. Forest also in breach
1 year, 2 months ago
DOJ launches probe into shadowy Miami-based sports investing giant 777 Partners amid accusations of money laundering and how it plans to afford $635million bid for UK soccer team Everton
1 year, 3 months ago
Everton fueled by resentment after Premier League ten-points deduction ahead of Man United clash at home
1 year, 3 months ago
Everton's plight has stirred their fans into action but with 777's takeover no foregone conclusion, the long-term future is worrying
1 year, 4 months ago
Everton’s 10-point deduction explained: Why is the sanction so steep, and what happens next?
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Everton vow to fight to ‘unjust’ Premier League points deduction
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Everton set to learn Premier League fate as FFP hearing nears conclusion
1 year, 5 months ago
Further concerns are raised over Everton's prospective new owners 777 Partners after they are accused of missing another payment to the British Basketball League - before the American firm resolve the
1 year, 5 months ago
Fresh doubts emerge over suitability of Everton's future owners 777 Partners as one of their Brazilian clubs defaults on transfer payments to a number of clubs
1 year, 5 months ago
Everton agree takeover deal with American investment firm 777 Partners
1 year, 6 months ago
Who are Miami-based 777? As Everton owner Farhad Moshiri confirms deal with the controversial American investment firm that will take a 94.1% controlling stake in the club
1 year, 6 months ago
English soccer club Everton to be bought by American investment firm 777 Partners
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Everton sale to American firm agreed
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Farhad Moshiri reaches agreement with 777 Partners to sell majority stake in Everton
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Fresh concerns over Everton's prospective new owners 777 Partners following late payment of £900,000 to British Basketball League this summer
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1 year, 6 months ago
Government reveals fears over Everton agreeing a deal with US firm 777 partners as the Premier League side's hunt for investment faces yet another setback
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