
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:53

Larry Summers ‘Sickened’ by Harvard’s Silence Over Attack on Israel
Lawrence Summers, the former president of Harvard University, said he was “sickened” by the institution’s lack of response
2023-10-10 09:48

US House Rules panel to meet Tuesday on debt ceiling bill
By Kanishka Singh WASHINGTON (Reuters) -The U.S. House Rules Committee said it will meet on Tuesday afternoon to discuss the
2023-05-29 21:48

Nylabone Kicks Off Holiday Shopping Season with Gift Box Collections for Dogs
NEPTUNE CITY, N.J.--(BUSINESS WIRE)--Nov 14, 2023--
2023-11-15 01:22

European shares ease from 3-week high as Powell stamps out rate peak hopes
By Ankika Biswas (Reuters) -European shares fell on Friday, hurt by higher bond yields, as hawkish comments from the U.S.
2023-11-10 17:57

Pfizer's production facilities appear undamaged in N. Carolina tornado, CEO says
Pfizer CEO Albert Bourla said on Friday that hurricane damage this week had almost completely destroyed the drugmaker's
2023-07-22 02:58

Vodafone, Three announce plan for biggest UK mobile group
Mobile phone giant Vodafone has agreed to merge British operations with Three UK, owned by Hong Kong-based CK Hutchison, to create Britain's biggest operator with 27 million customers and accelerate rollout of...
2023-06-14 23:54

Futures gain with all eyes on high-stakes Nvidia results
U.S. stock index futures climbed on Wednesday, with the spotlight firmly on Nvidia quarterly results due later in
2023-08-23 18:24

11 Winners Recognised at Zayed Sustainability Prize Awards Ceremony held during COP28 UAE
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Dec 1, 2023--
2023-12-02 10:54

Core Scientific Announces May 2023 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)--Jun 5, 2023--
2023-06-05 21:25

Terran Orbital Opens New Printed Circuit Board Assembly Facility
BOCA RATON, Fla.--(BUSINESS WIRE)--Oct 13, 2023--
2023-10-13 18:46

Factbox-UAW President Fain gives details of talks with automakers
The United Auto Workers said on Friday the union will expand its strikes against Detroit automakers General Motors
2023-09-23 02:48
You Might Like...

Chinese bank shares fall on existing mortgages rate cut concerns

Meta sues US regulator to stop privacy settlement change

EU Criticizes China for Eroding Rule of Law, Autonomy in Hong Kong

DAT Truckload Volume Index: July freight volumes and rates chilled by seasonality

Xi Jinping’s ‘Old Friends’ from Iowa Invited to Dinner With Him

Hyundai, LG to spend $2 billion more on Georgia battery plant

Curb use of dollar Libor alternatives to Fed rate, says watchdog

Pharma Leader Dr. Holger Zimmermann Joins Lysando's Advisory Board in Pioneering Fight Against Antibiotic-Resistant Bacteria