The Guardian’s northwest correspondent, Andy Hunter, assesses Farhad Moshiri’s “nearly ruinous” ownership of Everton following the news that the British Iranian businessman has agreed to sell his 94% stake in the club to 777 Partners.
“The last six years have invited criticism the club’s erratic owner has created a mausoleum instead [of the museum he insisted Everton couldnt become]. And yet, despite the decay, the debts and the descent of the nine‑time champions of England, there is more trepidation than jubilation among the fanbase at confirmation of Moshiri’s planned exit.
“777 Partners, Everton’s prospective new owner, must allay not only the concerns of the Premier League and the Financial Conduct Authority (FCA) in its attempt to secure the club’s future.”