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US investment fund 777 Partners is worth $6BILLION with six soccer clubs and even a basketball team already on its roster and is now close to making the leap to the Premier League by throwing Everton a lifeline

With Everton clinging onto its Premier League status in 17th place, American investment fund 777 Partners are close to buying the club and ending the miserable tenure of current owner Farhad Moshiri.

As Mail Sport previously reported on Wednesday night, a deal is expected to be concluded next week, and the Toffees will command a fee of around $749millionn (£600m) despite the club's tenuous standing in top-flight soccer.

And while 777 are said to be demanding a Premier League guarantee in the deal, they could well be the next owners tasked with rejuvenating a club that Moshiri will be leaving in dire shape.