Everton have three dream transfers for 777 Partners to pull off as full takeover nears Everton owner Farhad Moshiri is reportedly in ‘advanced talks’ with American-based company 777 Partners for a full takeover.
verton fans may soon get their wish of a new owner coming into the club with 777 Partners in ‘advanced talks’ to complete a full takeover with an announcement potentially being made this week. The Miami-based firm have been in negotiations with Farhad Moshiri’s representatives for nearly a year.
There were discussions about both a minority and majority interest, but the Telegraph now claims that 777 Partners is planning a full takeover. Moshiri had hoped to inject funds into the club with a large investment this summer when he attempted to sell a 25% stake in the team.
MSP Sports Capital was on the verge of a contract until they backed out at the last minute due to financial worries. That has now allowed 777 to re-enter the fray, and it appears that they have been given a free hand in completing their takeover of Moshiri.
Everton fans will be hopeful that the new owners are in place in time for the January transfer window, as talks appear to be moving rapidly. 777 already has a great reputation in world football, with Vasco da Gama and Genoa both improving under the American management.
They’re also not short on cash, with an estimated £4.8 billion ($6 billion) in assets under management. Everton fans have been pleading for better investment in the playing team for several years now, following some disastrous transfers.
The Toffees were interested in a number of top targets this summer and raised a lot of money by selling Moise Kean, Alex Iwobi, Demarai Gray, Thomas Cannon, and Ellis Simms, as well as a few high earners. Now that Everton appear to be on track to have a new ownership group in place in time for the January transfer window, all eyes will be on who they might sign.