Football news and latest headlines: Everton takeover labelled a 'farce' by club's shareholders' association

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Football news and latest headlines: Everton takeover labelled a 'farce' by club's shareholders' association
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Everton’s protracted takeover saga has been branded a “farce” by the club’s shareholders’ association as Farhad Moshiri was urged not to sell up to 777 Partners.A deal was agreed for Moshiri to sell his 94 per cent stake to the Miami-based investment firm in September but the Premier League is yet to give its approval to the prospective new owners.

A statement on X read: “We are the oldest shareholders’ association in the world and are dismayed by the lack of respect being shown to our football club by the largest shareholder Farhad Moshiri, and the Premier League during what seems a never-ending change of ownership process.“We have observed with concern and frustration as it became increasingly clear that a fit-for-purpose process cannot possibly take this long as the Premier League continues to demonstrate their inability to regulate.

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