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American Ownership

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sports2 years ago

Everton FC Sold to American Investment Firm 777 Partners

Everton Football Club has been sold to American investment firm 777 Partners, marking the end of Farhad Moshiri's ownership. This makes Everton the 10th current Premier League team to have full or partial American ownership. The sale includes Moshiri's 94.1% stake in the club, and the transaction is expected to be completed in the fourth quarter of 2023, pending regulatory approval. The new ownership group, 777 Football Group, owns several other clubs globally, and Everton is expected to benefit from their experience and potential player trading opportunities. With funding secured for their new stadium, Everton can now look forward to a fresh start and a more stable future.