Everton bidders will use their own £500m to seal deal instead of seeking funding

American private equity firm 777 Partners have told the Premier League they will use their own resources to complete the proposed £500million purchase of Everton rather than seek funding.

The firm have begun disclosing details of the deal agreed with Farhad Moshiri to the Premier League, whose initial questions revolve around the source and sufficiency of their funding.

777 claim to control assets worth almost £10billion worldwide through a complex structure of more than 60 companies involved in industries including debt financing, pay-day loans and aviation, as well as football.

The commitment to be self-funding will be a relief to Everton fans as the club is already saddled with loans totalling more than £350m, although 777’s habit of being late in making payments in areas of their sports business has led to scepticism over their promises.

West Ham valued higher

Vanessa Gold’s valuation of West Ham appears to be significantly higher than that of her fellow board members David Sullivan and Daniel Kretinsky, which may explain why the joint-chair is making some of her shares available on the open market.

Sullivan and Kretinsky have declined the chance to purchase a portion of the 25 per cent stake Gold inherited from her late father, David, which has led to the appointment of American bank Rothschild to seek an alternative buyer.

Kretinsky is the club’s most recent investor, with the Czech paying around £200m for 27 per cent two years ago in a deal which valued the club at £650m, but Gold is understood to want a higher price.

Bees want more coverage

Brentford’s attention to detail extends to schmoozing TV executives at Sky Sports and TNT Sports in an attempt to get more of their matches televised.

Each TV game earns clubs a