)
777 Partners have agreed on the sale of Everton Football Club from owner Farhad Moshiri according to reports.
Both parties have been in talks for several months and have now reached an agreement for a full takeover.
)
14:31 - 05.07.2023
Manchester United: Sheikh Jassim reportedly set to complete takeover
The Manchester United takeover saga is set to be over in the next few days according to a bold new claim emanating from Qatar.
The takeover is expected to be completed by the end of the year which could be the biggest buy to date.
Now that a comprehensive takeover deal has been reached between the two parties, Moshiri asserts that it will provide the financing necessary to finish the 52,888-seat stadium.
)
Statement from Everton owners
Everton Football Club has released a statement on X regarding the new takeover of the club by 777 Partners.
Mr Moshiri, a shareholder at Everton said, as reported by The Guardian, “The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago.
“The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced PE firms, specialist sports investors or state-backed companies and funds.
)
18:14 - 30.07.2023
American rapper Jay-Z plots to buy Premier League club in £2bn takeover
Superstar rapper Jay-Z is reportedly looking into the possibility of purchasing a Premier League club.
)
13:45 - 29.06.2023
Saudi Millions! N'Golo Kante buys Belgian football club just days after joining Al-Ittihad
Former Chelsea midfielder N'Golo Kante has completed the takeover of Belgian third-division side Royal Excelsior Virton.
“I have been open about the need to bring in new investment and complete the financing for our iconic new stadium at Bramley-Moore Dock, on the banks of the Mersey, which I have predominantly financed to date.
“I have spoken to a number of parties and considered some strong potential opportunities. However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great Club forward, with all the benefits of their multi-club investment model.
"As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton.
“Today is an important next step in the successful development of Everton and I look forward to closely following as our Club goes from strength to strength.
“Of course, none of this could have been achieved without the hard work of everyone at the Club. From our team at the training ground, our commercial and support teams through to matchday employees, I extend my sincerest gratitude.
“And to our fans, the last few years have been challenging but you have supported the Club through it all and consistently been our twelfth man. You are the best fans and deserve success.”
777 Partners statement
The founder of 777 Partners, Josh Wander has also expressed his pleasure regarding the recent takeover of Everton football club.
Josh Wander, the company's founder and managing partner, said, “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.
)
06:00 - 14.06.2023
Sheikh Jassim: 15 interesting facts about Manchester United's potential new Qatari owner
Son of one of the richest Arabs on the planet, no Wikipedia page, and Manchester United's answer to Manchester City's recent success, here are 15 interesting facts you need to know about the Red Devils' potential new owner
“Our primary objective is to work with fans and stakeholders to develop the sporting and commercial infrastructure for the men’s and women’s teams that will deliver results for future generations of Everton supporters.
“As part of this, we are committed to partnering with the local community over the long-term, working on important projects such as the development of Bramley-Moore Dock as a world-class stadium venue, allowing thousands more Evertonians to attend our home matches and contribute to the economic and cultural regeneration of Merseyside.”
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)