The Premier League’s more stringent owners’ and directors’ test looks set to face its first major challenge after Farhad Moshiri has agreed to sell his entire stakeholding in Everton to the American investment firm 777 Partners.
The two parties have now signed an agreement for a full takeover, which Moshiri claims will secure the funding to complete the 52,888-capacity stadium on Liverpool’s waterfront, although the deal remains subject to approval from the Premier League, the Football Association and the Financial Conduct Authority. 777 Partners has been embroiled in numerous…
