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Everton acquired by U.S. private equity firm 777 Partners
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: +3 min
The firm 777 Partners has a number of clubs in its portfolio, including Italian side Genoa and Belgian team Standard Liege, while they also have stakes in LaLiga club Sevilla and Australian A-League side Melbourne Victory. By January 2022, he had increased his stake to 94.1% with a 100 million pounds capital injection. Everton's most recent figures showed a fifth straight year of losses -- 44.7 million pounds for the 2021-22 season -- with their total loss over that period amounting to over 430 million pounds . Under Premier League rules, teams can make a maximum loss of 105 million pounds over three years, although special allowances were made for the COVID-19 pandemic. Everton's statement said the investment from 777 Partners would strengthen the club's balance sheet and guarantee "full funding" of the stadium.
Persons: Jason Cairnduff, Farhad Moshiri, Moshiri, Josh Wander, Bill Kenwright, Rohith Nair, Hritika Sharma, Toby Chopra, Christian Organizations: Soccer Football, Premier League, Everton, Brighton & Hove Albion, Goodison, Partners, U.S, Genoa, Belgian, Standard Liege, Sevilla, League, Melbourne, Arsenal, Thomson Locations: Liverpool, Britain, Miami, British, Italian, Australian, Merseyside, Moore, Liverpool's Vauxhall, Bramley, Bengaluru, Hyderabad
Worker dies in Everton stadium accident
  + stars: | 2023-08-14 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Soccer Football - Premier League - Everton v Leicester City - Goodison Park, Liverpool, Britain - November 5, 2022 General view inside the stadium before the match Action Images via Reuters/Jason Cairnduff/File PhotoAug 14 (Reuters) - A man has died in an accident while working on the new Everton stadium site at Bramley-Moore Dock in Liverpool, the Premier League club announced on Monday. The Liverpool Echo said a 26-year-old man sustained head injuries in an incident involving "heavy machinery." "We are shocked and saddened by today's tragic incident and our thoughts are with the family and friends of the deceased man and our wider project team," Everton added. Everton said an investigation had been launched with the relevant authorities by the contractor to establish the full details of the incident. Reporting by Tommy Lund in Gdansk; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Jason Cairnduff, Everton, Tommy Lund, Ken Ferris Organizations: Soccer Football, Premier League, Everton, Leicester City, Liverpool Echo, Thomson Locations: Goodison, Liverpool, Britain, Bramley, Gdansk
“I’ve seen people deterred from negotiating because they think [the advertised pay range] is set in stone. What you need to know about published rangesHere are three reasons why a published salary range is hardly the whole story:1. The published range may be very wide: It’s not hard to find advertised salary ranges so wide you could drive a truck through them. The published range for an open role usually just reflects your base pay, not bonuses, equity and annual increases. That way you’ll be able to gauge whether the employer’s published range is within reason for the role you’re seeking.
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