US EditionEverton faces uncertain future after proposed sale to investment firm 777 Partners falls through
- Everton's takeover agreement with prospective owner 777 Partners has expired, as the Premier League club revealed.
- The U.S. Private equity firm, 777 Partners, did not complete the acquisition of Farhad Moshiri's majority stake by the Friday deadline, causing the deal to fall through.
34 Articles
34 Articles
Associated Press News
Everton faces uncertain future after proposed sale to investment firm 777 Partners falls through
Miami-based private investment firm 777 Partners has failed to conclude a deal for the purchase of Everton. 777 reached an agreement to buy out Everton’s majority shareholder Farhad Moshiri in September.
Everton’s proposed sale to investment firm 777 Partners falls through
LONDON (AP) — Storied Premier League club Everton faces an uncertain future after a proposed takeover by Miami-based private investment firm 777 Partners collapsed on Saturday. A deal was reached in September to buy out Everton’s majority shareholder, Farhad Moshiri, who has a 94.1% stake. But the club said in a statement that the buyout was now off because it had not been completed before the deadline. “The agreement between 777 Partners and Bl…
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