Sep 15, 2023
Soccer’s reverse British Invasion continues.
The Florida-based 777 Partners have completed their anticipated deal to acquire the Premier League’s Everton, extending a growing American presence in arguably the sport’s top league.
The pact will see 777 Partners acquire a controlling 94.1% stake in the club from Farhad Moshiri, who oversaw a highly difficult period for the club that included near-relegation, five straight years of financial losses, and ongoing delays and rising costs for a new stadium.
Source: Front Office Sports