Premier League Club, Everton may undergo series of changes after Farhad Moshiri agreed to sell his 94% stake in the club to American investment fund 777 Partners.
Moshiri has been the highest stakeholder in Everton since 2016.
In a statement, Farhad Moshiri said style of club ownership has changed as the private sector are increasing stakes in leagues across the world particularly the English Premier League.
On the club’s X handle, Moshiri said he considered some strong potential opportunities inherent in the deal for Everton and expressed optimism that the new owners would take the Club to greater heights.
