February 25, 2024

777 Partners co-founders Josh Wander and Steven Pasko are likely to join the Everton board, once their takeover is “ratified”, according to BBC Sport.

The website reported on Thursday (9 November) that the American investment firm’s co-founders are set to join the Toffees board if and when their agreement to acquire Farhad Moshiri’s 94.1 per cent stake in the club is approved.

Everton

Currently, the takeover is being examined by the Financial Conduct Authority, the Premier League and the FA, with all the relevant authorities needing to give the deal the green light to allow Wander and Pasko’s company to acquire the majority ownership of Everton.

Both co-founders have been in attendance at games at Goodison Park throughout the campaign, with Wander a regular even being pictured during the Toffees’ 1-1 draw with Brighton last Saturday (4 November).

On the board

It is only natural that the two co-founders of the Toffees’ potential new owners would both sit on the board at Goodison Park as is often the case at crowds up and down the country. Those who are fronting up the money for the club often want a say in where it is invested.

However, it feels as though this takeover deal could still have a way to go yet, with a number of question marks remaining over whether or not 777 Partners have the means and ability to sustainably run Everton should they acquire the majority share.

Should it be completed, Everton supporters will just have to hope that Wander and Pasko run the football club in a better manner than Farhad Moshiri has done in recent years, with several supporters frustrated by tax apparent regression under the Toffees’ owner.

Everton need an investment of money to ensure that they move away from the precarious position they have found themselves in, both off and on the playing field, but it remains to be seen whether or not 777 offers the platform from which the Toffees can build a brighter future.

There is a feeling that nobody can be worse than Moshiri, but a quick glance at some of 777’s other clubs suggests that supporters at Goodison Park should be careful what they wish for.

In other Everton news, a twist has emerged in 777 Partners’ takeover bid with the company needing to sell assets to fund the club

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