777 Partners Acquires Everton Football Club From Farhad Moshiri For $685 Million
ACQUISITION IMAGE: Farhad Moshiri & Josh Wander DATE: 09/15/2023 BUYER: 777 Partners SELLER: Everton SALE PRICE: $685,000,000 NOTE: Everton Football Club has been acquired by U.S. private equity firm 777 Partners…
By TradedVC Editorial1 min read
ACQUISITION
IMAGE: Farhad Moshiri & Josh Wander
DATE: 09/15/2023
BUYER: 777 Partners
SELLER: Everton
SALE PRICE: $685,000,000
NOTE: Everton Football Club has been acquired by U.S. private equity firm 777 Partners, marking a significant shift in ownership from Farhad Moshiri. The deal, valued at over £550 million ($685 million), includes the purchase of Moshiri's 94.1% stake in the club and is set to be finalized by the end of the year. 777 Partners, based in Miami, boasts a portfolio of sports clubs, including Genoa and Standard Liege, as well as interests in Sevilla and Melbourne Victory. Despite substantial investments in player transfers during Moshiri's tenure, Everton has struggled in recent seasons, languishing near the bottom of the Premier League table. The move has left the club's current manager, Sean Dyche, uncertain about the future, reminiscent of his experience with Burnley when it underwent a similar takeover in 2020.
777 Partners HQ: #Miami #Florida
Everton HQ: #Liverpool #England
#VentureCapital #FarhadMoshiri #JoshWander #777Partners #Everton #TradedVC
ABOUT THE DEAL
- Raise
- $685M
- Round
- Not stated
- Company
- Everton Football Club From Farhad Moshiri
- Desk
- Deals
- Filed
- Sep 20, 2023
- Investors
- Everton
- 777 Partners