'Reaching end game' - Everton takeover update as questions asked to Josh Wander, Farhad Moshiri and Richard Masters revealed

777 Partners are confident of meeting the Premier League’s criteria for approval of their proposed takeover of Everton as the club’s Fan Advisory Board published copies of correspondence it has sent to Farhad Moshiri, Richard Masters and Josh Wander while also encouraging any other parties interested in buying the club to speak up and speak out.

However, the ECHO understands that 777 wrote back to the Everton Fan Advisory Board today, insisting that they would be willing to have regular meetings with them once the transaction closes, but are not able to do so before in accordance with the requirement of the OaDT (Owners and Directors Test) to remain silent. Sources close to the Miami-based private investment firm say they’re confident of meeting the Premier League’s criteria and they expect the matter to finally be resolved one way or the other by the end of April with the feeling that they are now 'reaching the end game'.

The letters, to majority shareholder Moshiri; Premier League chief executive, Masters, and Wander, co-founder of 777 Partners, draw attention to the uncertainty currently surrounding the future ownership of Everton, more than six months on from the date that Moshiri agreed to a sale of his entire 94.1% stake to 777 Partners and specifically, the FAB has asked the Premier League to confirm whether the rules around club takeovers allow the necessary assurances for approval. The FAB highlights ongoing coverage about legal proceedings against prospective owners 777 and concerns about its financial standing, with a request that 777 addresses supporter questions first shared with them in October 2023.

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