American private equity firm 777 Partners have told the Premier League they will use their own resources to complete the proposed £500million purchase of Everton rather than seek funding.
The firm have begun disclosing details of the deal agreed with Farhad Moshiri to the Premier League, whose initial questions revolve around the source and sufficiency of their funding.
777 claim to control assets worth almost £10billion worldwide through a complex structure of more than 60 companies involved in industries including debt financing, pay-day loans and aviation, as well as football.