In the ever-changing world of soccer, Ewarton opened a new chapter on Friday (15). The long-established club, whose owner Mosholie sold his 94.1% stake in the club to 777Partners, a private investment giant from the United States, for a whopping price of no less than 550 million pounds (about HK$5.35 billion).
This weighty news was confirmed in official channels as soon as it was announced. Ewarton and Mosholie released simultaneous statements on the internet officially announcing the change of ownership and that 777Partners would be taking over the helm of the soccer empire. The deal is expected to be finalized by the end of the year, but before that, it will have to go through the Premier League, the FA and the Financial Conduct Authority.
It's worth noting that Ewarton's financial chain was at one point intertwined with Russia. With international sanctions against Russia, Moshuly had to look around for a new investor. After a lot of twists and turns, he finally found 777 Partners, a company that has a penchant for soccer investment, with investments in Serie A, La Liga, Barcelona, German Bundesliga, and the Australian League, which will undoubtedly set off a wave of soccer investment once again when it joins EWT.
