777 partners has failed to provide audited financial statements.

19 October – A British government regulator has reportedly demanded audited financial statements from 777 Partners, the American investment firm that is proposing to acquire English Premier League team Everton. This has led to additional scrutiny around the deal.

According to the New York Times, Miami-based 777 Partners has not yet given the Financial Conduct Authority the necessary and requested audited statements.

The latest in a string of rumors regarding the potential new owners of Everton, a team beset by debt of hundreds of millions of pounds, is this article. Farhad Moshiri, the club’s contentious main stakeholder, agreed to sell 777 Partners his 94% ownership position for £100-150 million last month.

Moshiri waved away worries about 777 Partners’ suitability or about potential delays.

He told Sky, “I look forward to them obtaining all their regulatory approvals and proceeding to completion on the timetable we set. They are highly professional and deliver exactly when they say they will.”

Also, a person with knowledge of the situation told Reuters that the agreement is still in progress and hasn’t stopped.

An email from 777 Partners’ representative stated, “We have submitted all relevant documentation to the FCA in line with their requests, and indicative timings.”