Everton are on the verge of being SOLD to American investment fund 777 Partners for around £600m as Farhad Moshiri’s unpopular reign comes to an end and the club struggle to salvage their new stadium build and Premier League status
Everton are on the verge of a sale worth around £600million, ending Farhad Moshiri’s painful reign behind the coaches.
A deal is expected to be finalized early next week as they fight to salvage the construction of their new stadium and their future in the Premier League.
Mail Sport understands American investment fund 777 Partners to be the preferred bidder, although sources insist they require a Premier League guarantee to complete their sale. Everton want the deal to be completed as soon as possible.
A second bidder, MSP Sports Capital, stayed in the running last night and appears undeterred as the clear second favourite.
Of crucial importance is the need for the next tranche of construction of the new £505m stadium at Bramley Dock.
Everton are on the verge of a sale worth around £600million, ending Farhad Moshiri’s painful reign behind the coaches
Other possible candidates are circling, but they’re running out of time.
Due to the hospitality of the fans, Moshiri and his board members were unable to attend the games at Goodison Park. Moshiri owns a 94 percent stake.
Everton’s remaining games are against Wolves and Bournemouth, who are struggling to avoid exit.
