Everton is the most illustrious English football team to be acquired by American investors when 777 Partners, a private investment firm based in Miami, agreed to buy out majority stakeholder Farhad Moshiri.
Under American ownership, Manchester United, Liverpool, Arsenal, and Chelsea all enjoy varying levels of success. The 20-team division’s Aston Villa, Crystal Palace, Fulham, Burnley, and Bournemouth are all included on the list. The price that 777 Partners will pay Everton for its 94.1 percent ownership of the team is unknown, and any transaction will require league approval. According to 777 Partners, the deal is anticipated to close in the fourth quarter of this year.
In 1888, Everton joined the English Football League as a founding member, and in 1992, it joined the Premier League. Although it has won a European Cup Winners’ Cup, five FA Cups, and nine league titles, it hasn’t won a significant trophy since the FA Cup in 1995.