Premier League strugglers Everton are close to being sold by Farhad Moshiri to 777 Partners, BBC Sport understands.
Premier League strugglers Everton are close to being sold to 777 Partners, BBC Sport understands.talks with MSP Sports Capital collapsedThe takeover will bring to an end the tumultuous tenure of owner Farhad Moshiri, who first invested in 2016.
Everton are in disarray both on and off the pitch, narrowly escaping relegation in the last two seasons, including staying up with victory on the final day last term.for an alleged breach of the Premier League's financial fair play rules, but Everton have denied wrongdoing and said they were "prepared to robustly defend" their position.for the fifth successive year, taking their cumulative losses over the past five years to more than £430m.
Chief executive Denise Barrett-Baxendale, chief finance and strategy officer Grant Ingles and non-executive director Graeme Sharp have all since left their boardroom roles, but chairman Bill Kenwright remains in his post.
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