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Public shareholders of Everton called upon the club’s majority owner, Farhad Moshiri, to stop the sale of the club to 777 Partners. The group called the ‘never-ending’ transaction of the club disrespectful as the future of the club remains unclear. In a letter to Moshiri and the rest of the Everton ownership group, the shareholders’ group said 777 Partners are not a capable steward of the club based on their inability to earn approval for this ownership change.
“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,” the Everton Shareholders’ Association said.
“In the absence of the Premier League making a timely decision we insist that the Everton board, and Farhad Moshiri in particular, stop this damaging process now and recognize that 777 Partners are not at this time fit-and-proper prospective owners of Everton Football Club. “
The message from supporters also targeted the Premier League. Everton has been the subject of controversy within the English top flight. Some of that comes in response to the points deductions Everton has picked up this season. Yet, in this most recent message, the group said the Premier League is not fit to regulate ownership change.
“We have observed with concern and frustration as it became increasingly clear that a fit-for-purpose process cannot possibly take this long as the Premier League continues to demonstrate their inability to regulate,” it said.
Everton shareholders lament the process that goes back to September with 777 Partners
The frustration among Everton supporters is evident. While this message is an attack on the Premier League, it slams 777 Partners and Farhad Moshiri. Moshiri, once called the worst owner in the league by Everton supporters, has not changed his mind. It…
Source link : https://worldsoccertalk.com/news/everton-shareholders-group-calls-on-end-of-777-partners-takeover/
Author : Kyle Fansler
Publish date : 2024-05-07 19:59:02
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