The owner of the English Premier League club, Farhad Moshiri, is able to entertain offers from other parties as the share purchase agreement with 777 ends.
Everton’s agreement with 777 Partners for the American investment company to buy the majority of shares in the club has come to an end, the club announced on Saturday.
It means any proposed sale of the club to 777 Partners has not gone through in the period they were given to negotiate.
Now the share purchase agreement between Everton and 777 has ended, the club’s majority shareholder, Farhad Moshiri, can listen to offers from other parties.
“Everton Football Club would like to provide the following update to all stakeholders, and particularly its supporters,” the club said in a statement on Saturday morning.
“The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the Club expired today.
“The Club’s Board of Directors recognises the considerable level of financial support 777 Partners has provided the Club over recent months and would like to take this opportunity to thank them for this.
