777 Partners has agreed a deal to buy English football club Everton for an undisclosed sum, ending the reign of British-Iranian businessman Farhad Moshiri after a series of blows on and off the pitch.
The Miami-based investment fund on Friday said it had struck a conditional agreement to acquire Moshiri’s 94.1 per cent stake in the lossmaking club. The deal makes 777 the latest American investor to buy into the English Premier League.
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