This Saturday the Everton has released a statement announcing to its followers that the American company 777 Partners, which agreed to buy Farhad Moshiri’s 94% stake in September 2023, has missed the acquisition date and is now “reviewing of options.”
777 Partners had until five o’clock in the morning to complete their agreement to buy the Toffees shares, but the deadline passed without resolution, so Merseyside said they will now “evaluate all options for ownership -property in the future.” Everton said they will “continue to operate as usual” while they consider their options.
The deal, which was initially expected to close by the end of 2023, was delayed as 777 Partners reportedly struggled to meet the necessary conditions demanded by the Premier League to complete its purchase.
““The Board of Directors would like to thank everyone associated with Everton for their patience over the past few months and reiterate their commitment to providing further updates as appropriate through the club’s official communication channels.”the statement also said.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
