Revealed: Everton have 'dodged a bullet' by rejecting £600m offer

Figures inside Everton believe they have ‘dodged a bullet’ by snubbing the £600million investment offer from 777 Partners, Football Insider has been told.

The Toffees were open to investment offers this summer as they searched for extra funding for the construction of the Bramley Moore Dock Stadium.

The Merseyside club were approached by both 777 Partners and MSP Sports Capital with investment offers, and The Athletic reported that owner Farhad Moshiri accepted both offers.

It is understood that 777 Partners were willing to pay £600million to purchase the club from Moshiri, while MSP’s offer was to provide loans that could be converted to equity and help fund the stadium construction.

Everton eventually signed an exclusivity agreement with MSP in May, ending 777’s takeover attempts.

Football Insider revealed in June that Everton have received £130million from MSP after they filed a Securities and Exchange Commission Form.

Since snubbing 777’s investment offer, a report emerged from JosimarFootball revealing that the US-based company are facing accusations of fraud, kidnapping, extortion, predatory lending and racketeering.

Sources have told Football Insider that figures inside Goodison Park believe Everton have ‘dodged a bullet’ with the 777 deal collapsing.

The US company has stakes in multiple clubs such as Sevilla, Hertha Berlin, Genoa and Red Star FC, but their ownership group has faced backlash from many of those clubs’ fan groups.

While a full takeover was preferred by most fans at Everton to remove Moshiri from power, finding suitable new owners to take the club forward is a top priority.

MSP will receive seats on the board at Goodison Park as part of their minority investment deal, while a takeover still remains a possibility at Everton in future seasons.

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