777 Partners’ proposed takeover of Everton falls through

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777 Partners’ proposed takeover of Everton falls through
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Toffees owner Farhad Moshiri was tied into a period of exclusivity with the troubled US investment group until May 31.

Everton are assessing “all options for the club’s future ownership” after 777 Partners’ proposed takeover fell through.

A club statement read: “Everton Football Club would like to provide the following update to all stakeholders, and particularly its supporters.“The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the club expired today. “The board of directors would like to thank everyone connected to Everton for their patience over recent months and reiterate its commitment to providing further updates when it is appropriate to do so through the club’s official communication channels.”

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