July 1, 2024

Farhad Moshiri: ‘777 are right people to take Everton forward’

Farhad Moshiri, the primary stakeholder of Everton, insists that 777 Partners are “the right people” to take control the club.

Although a deal has been reached in which Moshiri will sell his 94% ownership to the Miami-based investment company, it is unlikely that it will be completed soon due to the Premier League, Football Association, and Financial Conduct Authority’s review of the deal.

The management of the other seven teams in which the 777 group is involved, including Genoa, Standard Liege, Vasco da Gama, Hertha Berlin, Red Star, Sevilla, and Melbourne Victory (the latter two as minority partners), has drawn criticism.

Everton’s Fan Advisory Board published a list of questions it wants 777 to answer but Moshiri sought to allay any fears about the takeover.

“The more time that I have spent with the 777 team, the more my confidence increases that we have found the right people to take the club forward in the modern era,” he told Sky Sports.

“They are highly professional and deliver exactly when they say they will, and I look forward to them achieving all their regulatory approvals and proceeding to completion on the timetable we set.”

Fans at Hertha and Liege have been among the most critical of 777 Partners with fan protests taking place at their respective grounds in recent months.

Josh Wander, 777 co-founder, admitted it had not all been plain sailing for them.

“We’re humble enough to acknowledge that we don’t always get everything right the first time and we have learned a lot over the past few years,” he said.

“At the same time, I would challenge anyone to say we have not improved the sporting and financial performance of every club we’ve invested in, and done so in a fairly short period of time.”

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