Everton owner Farhad Moshiri has confirmed an agreement with the American investment company 777 Partners, which will receive 94.1% of the club’s shares.
American Patrons of Everton Premier League Club.
After a week of negotiations between the boss Farhad Moshiri and the company 777 Partners, the Americans will acquire a controlling stake, the Daily Mail writes.
Everton announced on Friday that the deal would “strengthen the club’s financial position” and ensure the new stadium at Bramley Moor Dock is fully funded.
The investment company owns a controlling stake in other important football clubs such as Genoa, Vasco da Gama, Standard Liège, Crvena Zvezda or Hertha Berlin, as well as a minority stake in Sevilla and Melbourne Victory “.
However, none of these clubs are currently profitable, with Genoa, Sevilla and Hertha all posting losses of more than €200m.
Source: Hot News
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