English soccer club Everton to be bought by American investment firm 777 Partners
abcnews.go.comPremier League team Everton will be bought by American private investment firm 777 Partners
MANCHESTER, England — American investors just can't seem to get enough of the Premier League.
Everton is the latest storied English soccer team to come under U.S. ownership after Miami-based private investment firm 777 Partners reached a deal to buy out majority shareholder Farhad Moshiri.
“We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values,” Josh Wander, founder and managing partner of 777 Partners, said in a statement Friday.
Manchester United, Liverpool, Arsenal and Chelsea are all under American ownership, with varied degrees of success. Others on the list from the 20-team division are Aston Villa, Crystal Palace, Fulham, Burnley and Bournemouth.
Even Abu Dhabi-backed Manchester City has an American minority owner, with California-based private equity firm Silverlake holding an 18% stake.
American interest in the Premier League was highlighted by the sale of Chelsea last year when Todd Boelhy and Clearlake Capital fought off a number of U.S.-based competitors to buy the two-time Champions League winner.
Boston Celtics co-owner Steve Pagliuca, New York Jets co-owner Woody Johnson and a consortium that included now Washington Commanders co-owner Josh Harris were all trying to buy the London club, which was eventually sold for 2.5 billion pounds ($3 billion).
However, there has not been the same level of interest in Man United after its owners, the Glazer family, put the club on the market last November. The only public bids for United have come from Qatari banker Sheikh Jassim bin Hamad Al
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