EVERTON’S owners are closing in on a deal to sell the club to US private investment firm 777 Partners, according to reports.

Owner Farhad Moshiri has come under intense criticism from fans in recent years amid several disappointing campaigns.

Everton owner Farhad Moshiri is reportedly set to sell the club

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Everton owner Farhad Moshiri is reportedly set to sell the clubCredit: PA

That is despite spending hundreds of millions on transfers.

And now it is understood he could be set to offload the club for a “fraction” of the money he has invested.

According to Bloomberg, Moshiri and 777 Partners are “close to an agreement” following “months of talks”.

Moshiri, who previously held a stake in Arsenal, purchased a 49.9 per cent of Everton back in 2016.

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Last year, he increased those shares to 94 per cent.

But the on-field results have not improve over the last two seasons.

Everton finished 16th in the 2021/22 campaign, narrowly avoiding relegation under Frank Lampard.

It was much of the same last season as Sean Dyche kept them up by the skin of their teeth on the final day as they secured 17th place.

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And Toffees supporters have seen little sign of improvement in their opening four games of the new campaign, taking one point from a possible 12.

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