Everton takeover: Miami-based 777 Partners is on the verge of completing a full takeover of the Premier League club.
Miami-based 777 Partners is close to reaching an agreement to buy Everton; multi-club investors have been in talks with Everton majority shareholder Farhad Moshiri since talks with MSP Sports Capital fell through last month; 777 is engaged with Sevilla, Hertha Berlin, and Standard Liege.
777 Partners, located in Miami, is nearing an agreement to buy Everton.
Since the revelation that MSP Sports Capital, a New York-based entity, had dissolved its exclusive arrangement with Moshiri, the multi-club investors have been in talks with him.
The organization 777 already owns a number of football clubs, including Sevilla, Hertha Berlin, and Standard Liege, with fans of the Belgian club protesting their involvement in their previous 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.