777 Partners | Today news | Page 2

ALL POSTS TAGGED "777 Partners" - Page 2

News

/ 119 days ago

Everton set to go into administration with 777 takeover failure

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 […]

Business of Soccer

/ 134 days ago

Everton may have to pay financial settlement after club files claim

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 […]

Business of Soccer

/ 184 days ago

US investors circling as Everton deal with 777 Partners stalls

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 […]

Everton

/ 217 days ago

777 Partners may end Everton backing amid prolonged takeover

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 […]

Business of Soccer

/ 246 days ago

Everton takeover: 777 didn't disclose $600 million losses

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 […]

Business of Soccer

/ 260 days ago

777 Partners may receive discount if Everton get points deduction

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, […]

Business of Soccer

/ 268 days ago

Everton in peril as 777 takeover stalls plus FFP concerns

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 […]

Brasileiro League

/ 288 days ago

Everton future in limbo as other 777 club faces transfer ban

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 […]

Americans Abroad

/ 301 days ago

Everton set to be 10th Premier League club owned by Americans

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 […]

English Football

/ 305 days ago

Everton close to sale to US investment group

American investment group 777 Partners are reportedly ready to strike a deal for Premier League club Everton. The two sides stalled in intense negotiations for months now. The final agreement should finalize the next few days. Still, there are hurdles to overcome. Exact figures are not yet available. Bloomberg reports current Everton owner Farhad Moshiri […]

Everton

/ 422 days ago

Everton could be sold for $745m as early as next week

Everton finally look set to change ownership in the near future. The Daily Mail is claiming that the Merseyside club will be sold to American investors as early as next week. Farhad Mashiri is hoping to offload Everton for around $745 million. According to the British news outlet, Miami-based investment company 777 Partners are currently […]

Everton

/ 452 days ago

Miami investment firm interested in Everton buyout

An investment firm based out of Miami could be in the market for a buyout of Premier League club Everton. With the Toffees in a battle of on- and off-the-field issues, Everton is looking for wholesale changes. The Athletic now reports that 777 Partners, which holds a stake in other European clubs, could seek a […]
1