Everton shareholders have urged the club’s owner, Farhad Moshiri, and the Premier League to end a proposed takeover by 777 Partners
The investment company 777, co-founded by Josh Wander and Steven Pasko, agreed a deal to buy Moshiri’s 94.1% stake in Everton eight months ago but has been unable to meet the Premier League’s criteria for allowing the takeover to proceed.
at the weekend when the company was accused of fraud in a lawsuit filed at a district court in New York. The lawsuit, the 17th in which 777 Partners and its affiliates have been named, was submitted by a pair of London-based asset management companies, Leadenhall Capital Partners LLP and Leadenhall Life Insurance Linked Investments Fund plc.
The EFCSA said in a statement: “We are the oldest shareholders’ association in the world and are dismayed by the lack of respect being shown to our football club by the largest shareholder, Farhad Moshiri, and the Premier League during what seems a never-ending change of ownership process.
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