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The Latest Breaking News from 777

What now for Everton? Future still unclear after more takeover drama

U-turn does not mean instant turmoil, but sale is complex and existing loans mean the club is haemorrhaging cash

The Guardian - UK

After Friedkin’s decision, are Everton now the unbuyable football club?

The news that the Friedkin Group has ditched plans to buy Everton leaves major uncertainty over whether any investor can be persuaded to take the plunge on the debt-laden Merseyside club

The Independent UK

Everton given £200m boost by Friedkin Group as takeover edges closer

The Friedkins will put working capital into the club, which includes work on the new stadium at Bramley-Moore Dock

The Independent UK

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Everton given boost as four groups pursue takeover after collapse of 777 Partners deal

777 Partners’ takeover of the Toffees collapsed at the end of May, leaving owner Farhad Moshiri able to pursue new options

The Independent UK

777 Partners’ proposed takeover of Everton falls through

Toffees owner Farhad Moshiri was tied into a period of exclusivity with the troubled US investment group until May 31.

The Independent UK

Everton can talk to new buyers with 777 Partners set to miss latest deadline

Everton’s prospective owner, 777 Partners, is expected to miss its latest deadline to buy the club, enabling Farhad Moshiri to commence talks with any other parties interested in his majority shareholding

The Guardian - UK

How London Lions' history-making breakthrough moment was ruined by prospective Everton owners 777

The first British basketball team - male or female - to win a European trophy has been ripped apart as a result of funding cuts

Evening Standard

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Oaktree Capital acquires ownership of Inter Milan, making it latest European club with American owners

Inter Milan is now the seventh Serie A club under American ownership, joining AC Milan, Atalanta, Fiorentina, Roma, Genoa and Parma

Latin Times

Premier League reiterates ‘very clear’ stance on 777 Partners Everton takeover

Richard Masters has said the Premier League has been clear with 777 Partners over the conditions it must meet to complete a takeover of Everton

The Guardian - UK

Everton staring at administration threat with 777 takeover increasingly unlikely

Increasing doubts of takeover deal being completed paint bleak picture and could leave Everton unable to meet their financial obligations

The Guardian - UK

Sean Dyche warns Everton may have to sell best talent without takeover

Sean Dyche has warned Everton could be forced to sell their best talent this summer unless the club is finally taken over by 777 Partners or someone else

The Guardian - UK

Troubles Mount For 777 Partners In European Soccer Ventures

Miami-based investment group 777 Partners faces challenges in business and soccer ventures, including legal issues and financial struggles.

Top News

Everton shareholders demand end to ‘farce’ of 777 takeover

Everton shareholders have urged the club’s owner, Farhad Moshiri, and the Premier League to end a proposed takeover by 777 Partners

The Guardian - UK

Everton call in insolvency advisers amid fresh doubt over 777 takeover

Everton have called in a firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover by 777 Partners

The Guardian - UK

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The Guardian - UK

Everton on the brink: questions over club’s finances are more urgent than ever

Time taken for Farhad Moshiri to attract new investors may have made a viable solution harder to find

The Guardian - UK

Everton takeover in added time after 777 gets extension to repay £160m loan

The proposed takeover of Everton has moved into added time after the bidder 777 Partners was granted a last-minute extension to repay a £160m loan

The Guardian - UK

Everton takeover thrown into fresh doubt as 777 asks for more time

Everton’s takeover by 777 Partners has been thrown into doubt after the investment company reportedly asked for more time to complete the deal

Evening Standard

Controversial Everton bidder 777 Partners sees owning football club as way to snap up sportstech bargains

The controversial investment firm sees owning football clubs as a way to identify underpriced buyout targets in the sports tech sector, the Standard can reveal

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The Guardian - UK

Premier League set to rule on 777 Partners’ Everton takeover next week

A decision from the Premier League board on whether to accept 777 Partners’ prospective takeover of Everton is set to be made next week

The Guardian - AU

Bonza owners being chased in court for US$30m after leased planes repossessed in Canada

777 Partners, which launched Australian budget carrier in early 2023, had leased four planes for Flair Airlines in Canada, UK court documents show

The Independent UK

US investment firm 777 outlines Everton takeover stance amid threat of points deduction

The American investment firm has agreed a deal with majority shareholder Farhad Moshiri, despite the prospect of a points penalty if guilty of breaking Financial Fair Play rules

The Guardian - UK

Everton’s prospective new owners have Fifa sanction over unpaid transfer fees

Fresh concerns have been raised over 777 Partners, Everton’s prospective new owners, after another of their clubs failed to meet payments on transfers

The Guardian - UK

Everton’s financial future could be in doubt unless takeover approved

Everton’s financial future could be in jeopardy unless the proposed takeover by the controversial US-investment firm 777 Partners is approved

The Guardian - UK

Farhad Moshiri plots exit after ruinous reign but Everton’s future still unsure

777 Partners is in line to replace the current owner but the Americans have a reputation of not improving their other clubs

Evening Standard

Everton takeover: Farhad Moshiri agrees to sell controlling stake in club to American investment firm

Closing of the transaction is expected to occur in the fourth quarter of 2023

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