Everton Shareholders Association slam Farhad Moshiri after 777 Partners confirmation

The Everton Shareholders Association have accused Farhad Moshiri of treating them and supporters with 'disdain'.

In a statement released online, the EFCSA spoke of their disappointment in the timing of the announcement that majority shareholder Moshiri has agreed to sell his stake in Everton to 777 Partners.

Moshiri resurrected discussions with the Miami-based company last month after the collapse of a proposed equity deal with MSP Sports Capital. The agreement covers the 68-year-old’s 94 percent shareholding in the Goodison Park club.

And reacting to the development, the EFCSA believes not only is the timing of the announcement 'poor', but they have also called on 777, or any proposed future owners of the club, to walk their talk in regards to engagement with shareholders and supporters.

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"We note the intention of largest shareholder Farhad Moshiri to sell his shares to 777 Partners," the EFCSA statement read.

"Receiving only a few minutes warning of this proposed change of ownership is disappointing and yet again, the poor timing of club announcements before important games is baffling.

"The owner and the club continue to treat shareholders and fans with disdain and we encourage the current and (proposed future) owners to walk their engagement talk immediately - that fans are the most important asset at any football club."

Commentating on the takeover, Josh Wander, founder and managing partner of 777 Partners, 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