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US investment firm 777 Partners considering Everton majority purchase – reports
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:28
Why was Jacob Russell arrested? 'Teen Mom' star Rachel Beaver's ex faces domestic assault charges
Why was Jacob Russell arrested? 'Teen Mom' star Rachel Beaver's ex faces domestic assault charges
Jacob Russell had an altercation with his father and later escaped to the woods near his house before being arrested
2023-07-27 10:13
Sudan conflict: Warring factions agree seven-day ceasefire, US says
Sudan conflict: Warring factions agree seven-day ceasefire, US says
US State Department urges military leaders to uphold agreement after past failed peace attempts.
2023-05-21 12:25
Baltimore police commissioner departing after 4 years; led department through court-ordered reforms
Baltimore police commissioner departing after 4 years; led department through court-ordered reforms
Baltimore’s police commissioner is stepping down after four years in the role
2023-06-08 21:54
US looking for more chances to reduce finance flow to Hamas, Yellen says
US looking for more chances to reduce finance flow to Hamas, Yellen says
U.S. Treasury Secretary Janet Yellen on Thursday said the Biden administration is looking for more opportunities to reduce
2023-10-27 07:58
Diamondbacks erase early deficit again and beat Brewers 5-2 to sweep NL Wild Card Series
Diamondbacks erase early deficit again and beat Brewers 5-2 to sweep NL Wild Card Series
Zac Gallen settled down after a shaky start and Arizona’s bullpen stepped up at the very end, helping the Diamondbacks sweep their NL Wild Card Series against the Milwaukee Brewers with a 5-2 victory in Game 2
2023-10-05 10:29
Palestinians say Israeli troops kill man at West Bank checkpoint; Israel says he attacked a soldier
Palestinians say Israeli troops kill man at West Bank checkpoint; Israel says he attacked a soldier
Palestinian health officials say Israeli forces have shot and killed a Palestinian man at a checkpoint in the occupied West Bank
2023-06-09 18:49
Court orders Theranos founder Elizabeth Holmes to go to prison
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m in restitution to the victims of the scandal.
2023-05-17 17:25
Israeli-Gaza conflict: Escalation deepens humanitarian crisis
Israeli-Gaza conflict: Escalation deepens humanitarian crisis
A BBC reporter in Gaza says the conflict has deepened the plight of Gazans, and many fear worse to come.
2023-10-08 21:45
Apple hikes price of Apple TV+, Apple News+
Apple hikes price of Apple TV+, Apple News+
Apple Inc is raising the subscription prices of Apple TV+ and Apple News+, according to its website. The
2023-10-25 22:25
WNBA first-time All Star Aliyah Boston front-runner for rookie of the year honors
WNBA first-time All Star Aliyah Boston front-runner for rookie of the year honors
Aliyah Boston just wanted to fit in as a WNBA rookie
2023-07-18 21:38
Power broker Jimmy Dunne with 9/11 history helped get PGA and Saudis to the table
Power broker Jimmy Dunne with 9/11 history helped get PGA and Saudis to the table
The first big surprise in golf's new world
2023-06-08 18:00