With Everton clinging onto its Premier League status in 17th place, American investment fund 777 Partners are close to buying the club and ending the miserable tenure of current owner Farhad Moshiri.
As Mail Sport previously reported on Wednesday night, a deal is expected to be concluded next week, and the Toffees will command a fee of around $749millionn (£600m) despite the club’s tenuous standing in top-flight soccer.
And while 777 are said to be demanding a Premier League guarantee in the deal, they could well be the next owners tasked with rejuvenating a club that Moshiri will be leaving in dire shape.
Who are they?
Based in Miami, Florida, 777 was founded in 2015 and is led by managing partners Steven Pasko and Josh Wander.
The company’s website describes its mission as ‘build[ing] a self-sufficient company that is not dependent on banks and third party investors in order to overcome the inherent compromises they saw in the prevailing model.
And while 777 has built a formidable fleet of sports franchises (more on that later), it’s also involved in other sectors.
The company lists aviation as being in its portfolio, while insurance and fintech are part of that group as well.
What are they worth?
According a Liverpool Echo report from April, 777 has more than $6billion in assets under management.
Of course, that number would skyrocket if they added Everton to their portfolio.
What clubs do they already own?
If Everton is bought by 777, the club will join an already-impressive roster of teams in the company’s stable.
The investment fund owns Bundesliga side Hertha Berlin, Italian club Genoa, Brazilian side Vasco da Gama, Belgian outfit Standard Liege, and French third-tier side Red Star.
Additionally, the company owns a piece of Sevilla and purchased British basketball club the London Lions in 2021, before taking a 45 percent stake in the British Basketball League a year later.
It also agreed to a five-year deal to take control of the Melbourne Victory in January.
