Revealed: Big Sheffield United takeover update after £171m twist
777 Partners remain interested in a potential takeover of Sheffield United, sources have told Football Insider.
The US-based investment firm remains eager to purchase a majority stake in a Premier League side after missing out on a deal with Everton.
The American firm tabled a £600million offer to buy the Toffees from Farhad Moshiri this summer, but Everton instead signed an exclusivity deal with MSP Holdings.
But 777 Partners are keen to continue expanding their football portfolio and have raised £171million to continue their investment plans.
Sheffield United have been put up for sale by owner Prince Abdullah, who is keen to cash in on his stake in the Yorkshire club.
Bloomberg reported earlier this month that United’s Saudi Arabian owner has informed potential bidders that the club is valued at £170million.
Several US and Saudi Arabian groups have been linked to the club’s takeover, although talks around a majority sale have gone quiet this summer.
However, sources have told Football Insider that 777 Partners remain desperate to invest in a Premier League side and have kept Sheffield United on their shortlist.
West Ham are another club that have caught the eye of 777 Partners, although Daniel Kretinsky’s growing involvement with the Hammers has made a deal more difficult.
The American owners came under fire recently after a report revealed that they face accusations of fraud, kidnapping and extortion.
Sources told Football Insider that figures inside Everton considered it a ‘dodged bullet’ that 777 Partners failed in their takeover attempt of the Toffees.
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