Talks between Everton and an American investment firm have accelerated and a deal looks close: https://www.bbc.co.uk/sport/football/66784450
Miami-based 777 Partners have invested in a number of football clubs and are also involved in UK basketball. They tell how they levelled up an undervalued league here: https://www.777part.com/article/british-basketball-league Global multi-club models in football are becoming more common (think Manchester City and now Chelsea), but what it will mean for Everton remains to be seen.
They claim to be passionate sports fans who bring together deep sector knowledge and depth of vision to revolutionize how clubs are managed on a global scale. They 'help undervalued teas transform from clubs into highly profitable media and entertainment properties.' This would certainly be a change at Everton, but does raise some questions about how the club is viewed.
Farhad Moshiri is likely to walk away with less than his original investment. The club has lost more than £450m over the last five years.
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