EXCLUSIVE: Everton are close to being SOLD for around £600m to American investment fund 777 Partners, as Farhad Moshiri’s unpopular reign nears an end
Everton are close to being sold in a deal worth around £600m, bringing to an end Farhad Moshiri’s painful reign behind the controls.
A deal is expected to be concluded by the start of next week as they fight to save their new stadium build as well as their Premier League future.
Mail Sport understand American investment fund 777 Partners are the preferred bidder, although sources insist they are demanding a Premier League guarantee in order to conclude their sale. Everton want the deal done at high speed.
A second bidder, MSP Sports Capital, remained in the chase last night and appear undeterred to be clear second favourites.
Critical is the requirement of the next instalment in the building of the new £505m stadium at Bramley Dock.
Everton are close to being sold in a deal worth around £600m, bringing to an end Farhad Moshiri’s painful reign behind the controls
Other possible candidates are circling but are running out of time.
Moshiri and fellow board members have been unable to attend matches at Goodison Park because of the hospitality from fans. Moshiri owns a 94 per cent stake.
Everton’s remaining fixtures are against Wolves and Bournemouth as they fight to avoid the drop.