Premier League share 777 Partners takeover update as Everton wait goes onRichard Masters hinted that the Premier League had not received satisfactory answers to some questionsJosh Wander, co-founder of 777 PartnersThe proposed takeover of Everton by American firm 777 Partners could be resolved within weeks after Premier League CEO Richard Masters addressed the issue directly. The Miami-based firm agreed to acquire Farhad Moshiri’s 94.1% shareholding in the Toffees back in September with the takeover bid referred to three bodies for regulatory approval; the Premier League, the Football Association and the Financial Conduct Authority. FCA approval has been received but the green light has not yet been given on from the other two bodies. A decision had been expected to be arrived at prior to Christmas, but that now looks like being February at the earliest. When asked when it would be completed, Masters said: “As soon as we have completed the process.

Source: Metro January 16, 2024 19:19 UTC