Journalist drops stark off-field claim on 777 Partners & Everton

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Paul Brown has suggested that 777 Partners could be looking to buy Everton for the wrong reasons.

Speaking to GIVEMESPORT, the journalist admitted he had heard worrying things from people who had claimed the firm were just looking to ‘add value to their portfolio’.

Everton fans have long been looking for Farhad Moshiri to sell up after a disastrous seven year stint on Merseyside, and it looked like they were finally set to get their wish when the news emerged that 777 Partners had agreed a deal to buy his 94.1% stake in the club.

The American investment company have been in discussions with Moshiri since MSP Sports Capital ended its period of exclusivity earlier this year.

The regulatory process is now underway, despite concerns over 777 Partners’ lack of funds. However, co-founder Josh Wander has reassured supporters that any claims regarding their capability to take the club forward are misleading, though he admitted there is no ‘magic wand’ to fix their problems.

The firm are confident they will complete the takeover without any issues, however Brown has claimed there could be some worries around their intentions once they purchase Everton.

“They’re right in that there is no magic wand to fix Everton,” he told GIVEMESPORT.

“I think it’s going to be a long, slow process just to get the finances back on track, whoever takes the club on.

“Unfortunately, I’m yet to speak to anyone in football who believes that this group has the capability or the funding to achieve any kind of stability or success with Everton.

“In fact, I’ve even spoken to people who suggest that this may be less about owning a successful Premier League team and more about adding value to the portfolio and helping to attract new investment into the wider business.”

A disaster waiting to happen?

777 Partners already have a number of football clubs on their books including Sevilla, Hertha Berlin, Genoa and Standard Liege.

While this could suggest they know what they are doing when it comes to football, the fans of the Belgian giants would disagree.

Standard Liege supporters have already been protesting against the American firm after they bought the club in 2022, holding up banners that read ‘multiple properties or multiple mediocrities’ and ‘no money, no ambition’.

777 Partners lack of backing for Standard Liege should be a huge worry to Everton, who are already massively struggling with their own financial problems.

Fans should know replacing Farhad Moshiri with another incapable set of owners isn’t going to fix anything and they may regret wishing he would leave.