Everton announce huge takeover decision ahead of Arsenal clash
Everton have announced that 777 Partners has signed an agreement with owner Farhad Moshiri to acquire his full stake in the club. Moshiri, who had been the Toffees' majority shareholder since 2018, owned 94.1% of the club's shares.
But they will now be owned by 777 Football Group, which is already comprised of the likes of Serie A side Genoa, Spanish outfit Sevilla da Gama in Brazil and 2. Bundesliga club Hertha BSC in Germany. They also own Belgian giants Standard de Liege, French outfit Red Star FC, Vasco de Gama of Brazil and Melbourne Victory FC in Australia.
Speaking to Everton's official website, founder and Managing Partner of 777 Partners Josh Wander said: “We are truly humbled by the opportunity to become part of the Everton family as custodians of the Club, and consider it a privilege to be able to build on its proud heritage and values. Our primary objective is to work with fans and stakeholders to develop the sporting and commercial infrastructure for the men’s and women’s teams that will deliver results for future generations of Everton supporters.
«As part of this, we are committed to partnering with the local community over the long-term, working on important projects such as the development of Bramley-Moore Dock as a world class stadium venue, allowing thousands more Evertonians to attend our home matches and contribute to the economic and cultural regeneration of Merseyside.” It is a huge announcement indeed for Everton, who host Mikel Arteta's Arsenal to Goodison Park on Sunday afternoon.
READ NEXT: Arsenal news and transfers LIVE — Martin Odegaard talks, Ben White contract, Saka injury
The Toffees boast a solid record against the Gunners in recent seasons, with the north Londoners failing to secure all
Read on football.london
