Everton: Following a meeting with the Premier League, 777 Partners’ connections to Russian oligarchs surface

Everton: Following a meeting with the Premier League, 777 Partners’ connections to Russian oligarchs surface

777 Partners, in its pursuit of a takeover at Everton, has reportedly engaged in business dealings with a Russian oligarch accused of close ties to Vladimir Putin and the Kremlin, according to investigative football journalism outlet Josimar.

Josimar’s report, published on Wednesday, reveals that the US investment firm’s initial

venture into club ownership received funding from Oleg Boyko, who faced sanctions from Ukraine, Canada, and

Australia in 2022 due to alleged Kremlin connections.

Boyko, a Moscow-born oligarch, allegedly became an indirect investor in Seville, owned

by 777, in 2018 by providing a $10 million loan (£7.81 million).

Despite 777’s assertions of nearing Premier League approval for the takeover, Josimar

notes a lack of tangible progress following the recent meeting with the league governing body.

When contacted regarding the claims in the report, 777 declined to comment.

The emergence of these accusations adds to the existing doubts surrounding 777’s suitability for the Everton takeover. Recent reports have highlighted concerns ranging from lowered

credit ratings to allegations of missed payments, further compounded by the association with a Russian oligarch.

Such ties may raise concerns both within the Premier League and among governmental

authorities, particularly in light of responses to oligarchs amidst the Ukraine conflict.

The recent silence from 777 following its meeting with the Premier League raises additional uncertainty.

While Everton fans are eager for change from Farhad Moshiri’s ownership,

the cloud of doubt surrounding 777’s bid leaves more questions than

answers regarding its suitability for stewardship of Goodison Park.

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