MANCHESTER, England — American investors just can't seem to get enough of the Premier League.
Even Abu Dhabi-backed Manchester City has an American minority owner, with California-based private equity firm Silverlake holding an 18% stake. The Premier League's global broadcasting revenue, worth billions of dollars, as well as packed stadiums, makes it an attractive prospect to investors.Everton did not disclose how much 777 Partners will pay for its 94.1-percent stake in the club and any sale will need to be approved by the league. The transaction is due to be completed in the fourth quarter of this year, 777 Partners said.
Frank Lampard became the sixth manager fired under Moshiri when the former Chelsea great was let go last season and replaced by Sean Dyche.