Everton received new loan from 777 Partners

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2023-09-19 00:12:01  • 1 min

Everton have received a fresh loan from 777 Partners.

Everton owner Farhad Moshiri has announced he's agreed to sell his majority shareholding to 777.

BBC Sport says a loan from 777 has now been received which will help Everton with working capital and also funds for their new stadium project on Bramley-Moore Dock.

While a sale agreement is in place, there remains much work to do to complete the takeover.

However, the new loan arrangement suggests negotiations are running on track.

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