US investment firm 777 Partners considering Everton majority purchase – reportsBy Carl Markham, PAAmerican investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. However, reports suggest it is with a view to a full takeover of the club. Photo by Peter ByrneEverton have been seeking outside investment for some time in order to free up finances to complete the new stadium. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League.
Source: Irish Independent September 12, 2023 16:51 UTC