The group already owns 5 other top clubs.
Everton have been sold to 777 Partners, with the US private equity firm taking over from Farhad Moshiri in a deal reportedly worth more than £550million.
Everton narrowly avoided relegation from the top flight in each of the last two seasons and are currently 18th in the standings without a win in four games this season.
777 partners are a Miami based private investment company who already are heavily invested in soccer clubs. They own Genoa FC, Standard Liege, Red Star, CR Vasco da Gama and Melbourne Victory

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