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submitted 1 week ago* (last edited 1 week ago) by kameecoding@lemmy.world to c/football@lemmy.world
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[-] keyez@lemmy.world 1 points 1 week ago

Much better option than 777 and Moshiri. Roma fans seem to not have terrible things to say about their ownership so far. Watch the PLs checks take issue with this while 777 who have no money were allowed/approved.

[-] kameecoding@lemmy.world 1 points 1 week ago

Wasnt the 777 takeover blocked by PL?

[-] keyez@lemmy.world 1 points 1 week ago

777 takeover passed their checks and proper owner tests, it only fell through because they missed payments they promised to make as part of a similar exclusivity period 777 had directly with the club and Moshirir.

[-] kameecoding@lemmy.world 2 points 1 week ago

I don't think you are correct, it fell through because they couldn't provide all the info to PL in time, so while PL didn't outright block it, they didn't let it go through and then they simply ran out of time.

https://www.nytimes.com/athletic/5531808/2024/06/01/everton-takeover-777-next/

Everton’s majority shareholder Moshiri, through company Blue Heaven Holdings Limited, reached an agreement with 777 for the sale of his 94.1 per cent stake in September, and the transaction was expected to be completed by the end of 2023. However, the takeover has continued to be delayed due to 777’s inability to meet all the conditions outlined by the Premier League to complete their purchase.

emphasis mine

this post was submitted on 21 Jun 2024
6 points (100.0% liked)

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