Reported 4 months ago
Everton's uncertain future as American investment firm 777 Partners' proposed takeover collapses. The Miami-based firm failed to complete the deal to acquire Everton from majority shareholder Farhad Moshiri, causing the club to reassess ownership options. The collapse follows 777 Partners' financial and legal issues, including an airline going into administration and lawsuits. Everton, faced with financial losses despite player sales, continues operating amid the failed acquisition.
Source: YAHOO