Pinsent Masons advises Everton Football Club on acquisition by 777 Partners
15 Sep 2023 | 01:44 pm |
Multinational law firm Pinsent Masons has advised Premier League football club, Everton, on the acquisition of a majority stake in the club by US-based investment firm, 777 Partners LLC.
The transaction to acquire a majority shareholding from Blue Heaven Holdings was agreed this week, with the final sale expected to be completed by the end of 2023, subject to Premier League, Football Association and Financial Conduct Authority approval.
The Pinsent Masons team acting on the transaction was led by Partners, Vanessa Heap and James Kaye, and supported by a multidisciplinary team of lawyers made up from the firm’s corporate, financing, commercial, financial regulation and tax teams.
Everton FC turned to its relationship partner at Pinsent Masons Julian Diaz-Rainey who put together a team to advise on the deal including partners Vanessa Heap, Tom Leman and James Kaye.
Commenting on the deal Vanessa Heap, said: "Everton Football Club means so much to so many people. We are delighted to have assisted the excellent team at Everton in securing a transaction with an established multi-club football investment platform.”
Director of Legal Services at Everton FC, Katie Charles, commented: “The Pinsent Masons team has been fantastic supporting us on this complex transaction. They have been responsive, commercial and dedicated and we have really valued their support.”
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