The proposed purchase of Farhad Moshiri s 94.1% stake in Everton FC by 777 Partners is well underway , the Liverpool Echo have been told, but the regulatory approval process might not be concluded until December.
I see administration now as a foregone conclusion. I therefore would like to see it happen while we are still a Premier League club. Even if we don’t go into administration, we’re likely facing relegation anyway.
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Everton Football Club announced today that 777 Partners have signed an agreement with Farhad Moshiri to acquire his full stake in club, which accounts for 94.1% of the club’s shares.