Everton owner Farhad Moshiri is reportedly in’advanced talks’ with American-based company 777 Partners for a full purchase.
Everton fans may soon get their wish for a new owner, with 777 Partners in ‘advanced talks’ to complete a full acquisition, with an announcement possible this week. For nearly a year, the Miami-based firm has been in talks with Farhad Moshiri’s agents.
There were discussions about both a minority and majority interest, but the Telegraph now claims that 777 Partners is planning a full takeover. Moshiri had hoped to inject funds into the club with a large investment this summer when he attempted to sell a 25% stake in the team.
MSP Sports Capital was on the verge of a contract until they backed out at the last minute due to financial worries. That has now allowed 777 to re-enter the fray, and it appears that they have been given a free hand in completing their takeover of Moshiri.
Everton fans will be hopeful that the new owners are in place in time for the January transfer window, as talks appear to be moving rapidly. 777 already has a great reputation in world football, with Vasco da Gama and Genoa both improving under the American management.
They’re also not short on cash, with an estimated £4.8 billion ($6 billion) in assets under management. Everton fans have been pleading for better investment in the playing team for several years now, following some disastrous
transfers.
The Toffees were interested in a number of top targets this summer and raised a lot of money by selling Moise Kean, Alex Iwobi, Demarai Gray, Thomas Cannon, and Ellis Simms, as well as a few high earners. Now that Everton appear to be on track to have a new ownership group in place in time for the January transfer window, all eyes will be on who they might sign.
Sean Dyche’s club needs goals, and while Beto was brought in to help, Tammy Abraham was the top target this summer before his injury. The England international is expected to return before the conclusion of the season, perhaps making him available in January as Roma were initially open to offers.
Wilfried Gnonto was also highly linked with a move to Goodison Park after submitting a transfer request in an attempt to force a move to Merseyside. A deal never materialised, but Gnonto will see the January transfer window as an opportunity to depart, and Everton’s newfound wealth would almost certainly be able to secure a move.
Dyche will seek more defensive reinforcements, and Harry Maguire may decide to leave Manchester United in January. When all of Erik ten Hag’s defenders are fit, the England international is way down the list, and Maguire will want to play to stay match fit for the 2024 European Championship.
All three players will not be cheap, but Everton fans will undoubtedly be hoping for better things if the takeover is successful.
