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Everton say they are evaluating “all options for the future ownership of the club” after a takeover bid by 777 Partners failed.
Club owner Farhad Moshiri was bound by an exclusivity period with the troubled US investment group until May 31 and could not enter into alternative discussions. But the purchase agreement of 777 Partners with Blue Heaven Holdings Limited for the sale and purchase of the majority stake in the club has already expired.
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A statement from the club read: “Everton Football Club would like to provide the following update to all stakeholders and in particular to its supporters. The agreement between 777 Partners and Blue Heaven Holdings Limited for the purchase and sale of the majority stake in the club expired today.
“The club’s board of directors recognize the significant level of financial support that 777 Partners has provided to the club over recent months and would like to take this opportunity to thank them for this. The club will continue to operate as normal while it works with Blue Heaven Holdings to evaluate all options for the club’s future ownership.
“The board of directors would like to thank everyone associated with Everton for their patience over recent months and reiterate their commitment to providing further updates when appropriate through the club’s official communication channels.”
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