EVERTON have been sold to 777 Partners, the struggling Premier League club said on Friday, with the U.S. private equity firm taking over from Farhad M...
have been sold to 777 Partners, the struggling Premier League club said on Friday, with the U.S. private equity firm taking over from Farhad Moshiri in a deal reports said was worth more than 550 million pounds .
The firm 777 Partners has a number of clubs in its portfolio, including Italian side Genoa and Belgian team Standard Liege, while they also have stakes in LaLiga club Sevilla and Australian A-League side Melbourne Victory. Everton manager Sean Dyche said he did not know the group at all but insisted there was no impact on him or the squad.
“I didn’t win enough games , it was nothing to do with those in charge. We need to win more games now, though we’ve been playing well.” Everton are also in the midst of an investigation into alleged breaches of Premier League financial fair play rules, but chairman Bill Kenwright said in April they were confident the Merseyside club were in compliance with all financial rules.They have also invested in building a new stadium on Bramley Moore-Dock in Liverpool's Vauxhall area, with Moshiri saying it would cost 760 million pounds.
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