Earlier in the 2023/24 season, Everton announced that it reached a deal with 777 Partners. After all the trials and questions regarding the private investment firm's finances, the Premier League failed to approve the takeover. That left Everton in limbo after receiving $200 million in loans from 777 Partners, money that it still owes the […]

Everton's proposed ownership change inches closer to finally being completed thanks to a new development. 777 Partners previously agreed to purchase Farhad Moshiri's 94% of the Merseyside club way back in September. While deals regarding Premier League teams typically do not drag on for such a long period, this particular situation is quite different from […]

There may be a resolution on the horizon regarding Everton's protracted takeover by 777 Partners. A letter from the Premier League to 777 Partners, the potential owners of Everton, states that the league is "minded to approve" the acquisition, Bloomberg say. Last September, current owner Farhad Moshiri reached an agreement to sell the club to […]

If Everton can't get its finances under control, they might be forced into administration. Farhad Moshiri is eager to sell the club even though the Toffees have accrued about $764 million in debt. Potential purchasers may be willing to let Everton go bankrupt so long as they remain in the Premier League. That's regardless of […]

Everton received a significant boost earlier this week when their penalty for violating the Premier League's Profitability and Sustainability rules was reduced. English soccer officials previously deducted the Toffees 10 points for breaking the law. Nevertheless, the Merseyside club eventually appealed the decision, and the Premier League reduced the penalty to six points. Due to […]

The pending ownership change at Everton with 777 Partners is continuing to stall heading into 2024. The investment group previously agreed to purchase the Merseyside club from Farhad Moshiri way back in September. Nevertheless, a series of setbacks over the last few months has essentially plagued the takeover. Fellow Premier League sides declared their concerns […]

Should the purchase process continue out, 777 Partners may deprive Everton of their backing. While awaiting purchase clearance, the American corporation attempting to acquire Everton lent the club almost $125 million. It has been stated that 777 Partners have made it clear they are not ready to provide lending assistance to Everton beyond January. There […]

The potential change of ownership at Everton has taken yet another hit. Farhad Moshiri, the Merseyside club's current majority owner, previously agreed to sell the team to 777 Partners. However, there have been multiple setbacks regarding the possible new regime. Fellow Premier League sides almost immediately privately voiced their concerns regarding the financial standing of […]

The new potential owners of Everton, 777 Partners, may end up paying less for the club than they expected because of an impending points deduction. The American investors previously agreed to purchase the Merseyside team from Farhad Moshiri. The deal was worth over $600 million and includes Moshiri's 94% majority stake in the club. Nevertheless, […]

777 Partners' planned takeover of Everton is stalling. Farhad Moshiri previously agreed to sell his majority stake in the Premier League club to Miami-based 777 Partners. However, the deal may now be in doubt due to the investment group's precarious financial situation. According to a report by the New York Times, 777 has failed to […]

The proposed ownership change at Everton could very well be under threat. Farhad Moshiri recently struck a deal to sell his majority share of the Toffees to American investment firm 777 Partners. Neither the club nor the owners released exact figures of the deal. Reports suggest Moshiri sold the team for around $685 million. Despite […]

Everton ownership has officially agreed to sell the club to 777 Partners. The deal had been in the works for some time, as negotiations between the two sides continued for months. Exact finances are not yet available. However, outgoing owner Farhad Moshiri will lose money in the deal. Still, the Premier League must approve of […]