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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

Who are 777 Partners? USA firm linked with Everton takeover that could happen 'next week'

American investment fund 777 Partners have been linked with a full takeover of Everton in recent days.

The Miami-based firm have been one of a number of potential investors to have held talks with Everton owner Farhad Moshiri and his representatives in recent months. However, on Wednesday evening a report in the Daily Mail claimed that 777 could acquire the club in a full takeover as early as next week in a £600m deal, dependent on whether or not the club can retain their Premier League status this weekend. 777 Partners declined to comment when approached by the ECHO.

Moshiri has been seeking to sell some of his 94 per cent shareholding in the club in a bid to recapitalise the business, although it is a challenge that has been made more difficult by the uncertainty that remains over both what league the club will be playing in next season and what, if any, punishment is handed down for the alleged breaches of the Premier League's profit and sustainability rules. The latest reports suggest that the Everton owner may well be ready to relinquish his full stake in the club and pass the baton to new owners, just months after telling the club's Fan Advisory Board that the club wasn't for sale.

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