Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

Miami-based 777 Partners near completion of full takeover of Premier League side Everton; negotiations ongoing with majority shareholder Farhad Moshiri after previous talks with MSP Sports Capital collapsed; 777 Partners also involved with Sevilla, Hertha Berlin, and Standard Liege

Miami-based investment firm 777 Partners is on the verge of finalizing a deal to acquire Everton football club. Talks between the multi-club investors and Farhad Moshiri, the majority shareholder of Everton, have progressed following the termination of the exclusivity agreement between Moshiri and New York group MSP Sports Capital.

The 777 group currently has several football clubs in their portfolio, such as Sevilla, Hertha Berlin, and Standard Liege. Demonstrators at the last game of the Belgian side expressed their criticism toward the group's engagement.

Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

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Everton majority shareholder Farshad Moshiri (left) has owned the club since 2016

Once all the Premier League requirements are fulfilled, 777's action would result in a complete acquisition, which may potentially take several months to finalize. Despite stating in February to Everton's fans' advisory board that the club was "not for sale," Moshiri, the British-Iranian businessman, seems to have had a change of heart and is now open to selling the club.

Despite an investment of over £750m since 2016, there has been discontent among certain Everton supporters regarding his ownership. Demonstrations were organized prior to several matches at Goodison Park last season, with calls for Moshiri and the board to step down.

Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

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Sunday 17th September 4:00pm

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Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

Game Changer: Miami-based 777 Partners Nearing Full Takeover of Premier League Giants Everton

Everton has failed to secure a victory in the ongoing Premier League season, managing to accumulate only one point from their first four matches, which leaves them in the 18th position on the table. Following the international break, Sean Dyche's team is set to play against Arsenal at home on Sunday, with the match being broadcasted live on We.