Farhad Moshiri says this agreement to sell all his Everton shares to 777 Partners guarantees the funding of the club's new stadium
Farhad Moshiri insists the sale of all his shares in Everton to 777 Partners guarantees the funding of the club’s new stadium and gives the Blues their best chance for success in a football financial landscape that has changed dramatically since he first became majority shareholder.
“The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced PE firms, specialist sports investors or state backed companies and funds.LIVE: Everton takeover news and reaction “However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great club forward, with all the benefits of their multi-club investment model. As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton.
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