Everton agree sale to American investment fund

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Premier League Everton are set to have new owners after Farhad Moshiri agreed to sell his 94% stake in the club to 777 Partners.

Premier League Everton are set to have new owners after Farhad Moshiri agreed to sell his 94% stake in the club to American investment fund 777 Partners.

The sale is expected to be completed by the end of 2023, subject to Premier League, Football Association and Financial Conduct Authority approval.Moshiri said in a statement: "The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago.

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