Desperate Moshiri holds urgent talks with cash-strapped 777 Partners over Everton sale

May 9 – Everton majority owner Farhad Moshiri has held emergency meetings with prospective buyer 777 Partners to determine whether their agreed £500 million+ takeover will go-ahead, according to media reports.

Moshiri, who is desperate to exit his Everton ownership, agreed to sell his 94% stake to 777 Partners eight months ago in a deal that was expected to close by Christmas.

Doubts existed over whether 777 Partners could finance the deal alongside a host of other financial commitments in its football portfolio.