Farhad Moshiri is considering backing out of the deal to sell Everton to American firm 777 partners.
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Moshiri unlikely to sell Everton to 777 partnersRaised doubts over American firms' financial conditionDeal struck between the parties in SeptemberWHAT HAPPENED?
According to , Moshiri is considering terminating the deal to sign the Toffees to the Miami-based private investment company as he raised doubts over the firm's financial capability. The Everton owner recently held face-to-face meetings with the company's representatives in London over the possible takeover of the Merseyside club.
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Back in September 2023, a deal to buy Moshiri's majority stake of 94.1% was struck with 777 Partners. However, the transaction is yet to be completed as they failed to get the nod from the Premier League who laid down several conditions as part of its owners’ and directors’ test.
DID YOU KNOW?
While the news will certainly displease Evertonians, Moshiri remains confident of getting a new prospective buyer soon as he earlier claimed that several parties remain interested in buying the historic Premier League club.
GettyWHAT NEXT FOR EVERTON?
Sean Dyche's side will be next seen in action on Saturday as they host relegated Sheffield United in a Premier League clash at Goodison Park.