777 Partners’ proposed takeover of Everton falls through

Everton are assessing “all options for the club’s future ownership” after 777 Partners’ proposed takeover fell through.

Toffees owner Farhad Moshiri was tied into a period of exclusivity with the troubled US investment group until May 31st and could not enter into alternative discussions.

But the 777 Partners’ purchase agreement with Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the club has now expired.

A club statement read: “Everton Football Club would like to provide the following update to all stakeholders, and particularly its supporters.

Club Statement: Update on agreement with 777 Partners.