American Investment Firm 777 Partners to Purchase English Soccer Club Everton

Business, Soccer Seattle

American investment firm 777 Partners has recently announced that it is set to purchase English soccer club Everton. This marks the first time an American firm has purchased a Premier League club, and it is sure to have a major impact on the sport.

The deal, which is reportedly worth over £200 million, will see 777 Partners become the majority shareholder in the club. The firm is led by American billionaire John Jay Moores, who is also the owner of Major League Baseball team San Diego Padres. Moores has stated that he is committed to helping Everton become one of the top clubs in England and Europe.

The purchase of Everton by 777 Partners is likely to have a significant impact on the Premier League. It could lead to increased investment in the club, which could help it to compete with the likes of Manchester United and Liverpool. It could also lead to increased exposure for the league in the United States, as Moores is well-known in American sports circles.

The purchase of Everton by 777 Partners is also likely to have an impact on the club itself. Moores has stated that he will invest in the team and help it to become a major force in English and European soccer. He has also stated that he will look to bring in top players and coaches to help the team reach its goals.

It remains to be seen how this purchase will affect Everton and the Premier League. However, it is clear that this is a major move that could have a significant impact on the sport. It will be interesting to see how this purchase affects the club and the league in the coming years.

American Investment Firm 777 Partners to Purchase English Soccer Club Everton