Everton takeover twist: Premier League in new approach to 777 Partners and Farhad Moshiri
777 Partners and Farhad Moshiri received new questions from the Premier League on Thursday (15 February) regarding the former’s ability to fund its purchase of Everton.
That is according to journalist Paul Brown, who reported on X on Friday (16 February) that Premier League chief executive Richard Masters has explained that the approval process will take longer without satisfactory answers.
As per the official Everton website (15 September 2023), the US investment firm has agreed to acquire Moshiri’s full stake in the club.
Everton waiting game goes on
It has been a long process regarding Everton and 777 Partners, and there is seemingly no end in sight, especially given this latest twist.
The Goodison Park faithful are still in the dark about if and when the takeover will be completed, which is simply adding to their current stress regarding matters on the pitch.
Such matters are undoubtedly linked to those off it, but right now all many fans will be caring about is that the players manage to push the Toffees away from the Premier League relegation zone.
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The Merseyside outfit are sitting in 18th place in the table, and are in real danger of an unthinkable drop to the Championship.
That would be a nightmare scenario for everyone involved with the club, particularly amid the impending takeover and indeed the ongoing stadium build at Bramley-Moore Dock.
Everton
Everton are currently building a new stadium at Bramley-Moore Dock
Miami-based firm 777 Partners are set for a massive role in the club’s future should their takeover go ahead as planned, with the group confident that it will be completed.
All manager Sean Dyche can do is focus on matters on the pitch, with a home clash against fellow strugglers Crystal Palace up next.
In other Everton news, an update has emerged on a Goodison-linked Chelsea ace, with a summer move on the cards.
