Liverpool, UK – September 15, 2023
In a significant development for English football, American investment company 777 Partners has officially completed the takeover of Everton FC. The news marks a new era for the historic club, with the blue side of Liverpool set to join the portfolio of the ambitious American firm.
777 Partners, known for their diverse holdings in the world of sports, already owns several prominent clubs worldwide, including Genoa, Vasco da Gama, Standard Liege, Red Star FC, Hertha BSC, and even holds minority stakes in Melbourne Victory FC. This latest acquisition further solidifies their presence in the global footballing landscape.
The closing of this landmark transaction is slated to take place in the fourth quarter of 2023, pending necessary regulatory approvals. These approvals will come from various governing bodies, including the Premier League, the Football Association (FA), and the Financial Conduct Authority (FCA).
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The deal, reportedly valued at £500 million, sees Everton FC change hands from previous owner Farhad Moshiri. While the acquisition is poised to bring fresh capital and potential opportunities to the club, it also raises questions about the source of funding behind 777 Partners. Everton’s new owners will undoubtedly face scrutiny and scrutiny regarding the origins of their financial backing, as is customary with high-profile football club takeovers.
This announcement has sparked excitement and curiosity among Everton’s fanbase, as they eagerly await the impact of American ownership on their beloved club. With 777 Partners’ track record in the sports industry and their diverse sporting portfolio, Everton supporters are hopeful for a brighter future on the horizon. The club now enters a new chapter, filled with potential and opportunities, under the guidance of their new American owners.
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