Protests, relegation and rock bottom: Everton’s new owners have grim track record in football
Farhad Moshiri's days at Everton look set to be over as the unpopular owner agreed a takeover deal with 777 Partners.
But is the arrival of the Miami-based multi-club investors good news for Toffees fans?
Well, a look at their record since diving into the world of football club ownership won't be an easy read for the Goodison Park faithful.
Moshiri, who became the majority owner of the club in 2018, reached an agreement to sell his shares of 94.1 per cent to 777 on Friday.
Should the deal go through, Moshiri's ownership has come to an end with the building of a new stadium, hiring former rival manager Rafa Benitez and two years of Premier League relegation battles sitting fresh in the memory of Evertonians.
«I have spoken to a number of parties and considered some strong potential opportunities,» Moshiri said in a statement. «However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great Club forward, with all the benefits of their multi-club investment model.»
But will 777 really help the club head back in the right direction?
The American private investment firm's ownership or part ownership of seven other football clubs can help give Toffees fans an idea of just how their club may be run should the deal be completed.
LaLiga's Sevilla, Serie A's Genoa, Belgium side Standard Liege, French team Red Star, CR Vasco da Gama in Brazil, Bundesliga outfit Hertha Berlin and Melbourne Victory in Australia are those already in 777's portfolio, with the firm acquiring all clubs in the last 18 months.
The most notable side, 2023 Europa League winners Sevilla, are currently rock bottom of LaLiga, losing all three of their opening league games and suffering defeat in the Super Cup to
Read on talksport.com
