Farhad Moshiri | Today news

ALL POSTS TAGGED "Farhad Moshiri"

News

/ 14 days ago

Tech billionaire Michael Dell interested in buying Everton

Michael Dell, the billionaire founder of computer company Dell Technologies, has become the latest American interested in buying Everton. Current Toffees owner Farhad Moshiri has been attempting to offload his troubled club for nearly a year. The British-Iranian businessman initially invested in the English team back in 2016. He then increased his stake in Everton […]

News

/ 21 days ago

Everton to pursue other buyers as 777 Partners' deal collapses

The ongoing saga of Everton's proposed ownership change has taken a new turn. 777 Partners previously agreed to purchase majority owner Farhad Moshiri's 94% stake in the club back in September. The deal, however, has never been officially finalized due to several snags along the way. The American investment group apparently had until the end […]

News

/ 46 days ago

Everton shareholders group calls on end of 777 Partners takeover

Public shareholders of Everton called upon the club's majority owner, Farhad Moshiri, to stop the sale of the club to 777 Partners. The group called the 'never-ending' transaction of the club disrespectful as the future of the club remains unclear. In a letter to Moshiri and the rest of the Everton ownership group, the shareholders' […]

News

/ 60 days ago

Everton begins searching for other buyers as 777 deal collapses

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 […]

Business of Soccer

/ 226 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

/ 247 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 […]

English Football

/ 284 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

/ 294 days ago

Everton transfer window hindered by financial fair play concerns

Everton's lack of summer transfer activity was reportedly due to Financial Fair Play (FFP) issues. After years of unchecked spending under Farhad Moshiri, the Merseyside club are now paying the price. According to a report by Mail Sport, the Merseyside club allegedly breached the financial rules last season. An independent commission will supposedly review the […]

Everton

/ 387 days ago

Verdict on Everton FFP violations may take 4 years to complete

Everton may not know the verdict of its alleged breach of Financial Fair Play, or FFP, rules for another four years. News initially surfaced of the charges back in March. However, while fellow Premier League clubs had hoped for a quick resolution to the issue, it seems as if everyone will have to remain patient. […]

Everton

/ 448 days ago

Everton could go out of existence if relegated

Everton's financial troubles seem to be getting worse by the day. An auditor's report produced in March stated that the Merseyside club was facing possible sanctions for breaching Financial Fair Play rules. Then on Friday news surfaced that the Toffees could even receive a Premier League points deduction. Now, auditors claim that relegation would threaten […]

Everton

/ 515 days ago

Everton for sale as Farhad Moshiri era spirals out of control

A season of change and turmoil continues for Everton as owner Farhad Moshiri puts the club up for sale. Everton, one of the most dysfunctional clubs in the Premier League, are firmly in a relegation scrap. The club just sacked Frank Lampard, failed to appoint a new manager and lost out on Arnaut Danjuma. Now, […]