English soccer club Everton to be bought by American investment firm 777 Partners

“We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values,” Josh Wander, founder and managing partner of 777 Partners, said in a statement Friday.

Boston Celtics co-owner Steve Pagliuca, New York Jets co-owner Woody Johnson and a consortium that included now Washington Commanders co-owner Josh Harris were all trying to buy the London club, which was eventually sold for £2.5-billion . Everton fans will hope a change of ownership will bring about a change of fortune after years of upheaval and disappointment.

Everton avoided relegation on the final day of the season, keeping the team from falling out of the top division for the first time since 1951.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

English soccer club Everton to be bought by American investment firm 777 PartnersMANCHESTER, England (AP) — American investors just can't seem to get enough of the Premier League. Everton is the latest storied English soccer team to come under U.S. ownership after Miami-based private investment firm 777 Partners reached a deal to buy out majority shareholder Farhad Moshiri. “We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values,” Josh Wander, fou
Source: YahooFinanceCA - 🏆 47. / 63 Read more »