Everton takeover twist: Farhad Moshiri and 777 Partners are the targets of a new Premier League strategy
Everton takeover twist: Farhad Moshiri and 777 Partners are the targets of a new Premier League strategy
On Thursday, February 15, the Premier League sent further inquiries to 777 Partners
and Farhad Moshiri concerning the former’s capacity to finance the purchase of Everton.
Journalist Paul Brown said on X on Friday, February 16,
that Premier League CEO Richard Masters has stated that the approval process will
take longer if no appropriate responses are received.
According to the official Everton website (15 September 2023),
Moshiri’s entire ownership stake in the team will be acquired by the US investment group.
Everton and 777 Partners have been involved in a protracted process
that doesn’t seem to be coming to a conclusion, especially in light of the most recent development.
The uncertainty surrounding the completion date of the takeover is causing
the Goodison Park supporters more anxiety than they already have with regards to on-field issues.
Undoubtedly, these issues are connected to those off it, but for the time being,
many supporters will only be concerned that the players succeed in keeping
the Toffees out of the Premier League relegation zone.
The Merseyside team is in serious risk of an unbelievable collapse to
the Championship as they now sit in 18th place in the standings.
For everyone associated with the club,
especially in light of the upcoming takeover and
the continuing construction of the stadium at Bramley-Moore Dock,
that would be a worst-case situation.
If the group’s buyout goes through as planned,
Miami-based firm 777 Partners will play a significant role in the club’s future.
They are sure that the takeover will be finalized.
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