777 Partners delays Everton FC takeover bid, extends loan repayment timeline to next month.
777 Partners, a Miami-based investment firm, delays Everton FC takeover bid and extends loan repayment timeline to end of next month. The firm initially aimed to close the buyout of Farhad Moshiri's 94.1% stake in the club this week, but faces deadline to repay £160m loan to MSP Sports Capital and others. Premier League demands conditions, including £60m escrow deposit and loan conversion, be met before completion.
April 10, 2024
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