Everton's owner has signed an agreement with an American private investment company to acquire his controlling stake in the club. Farhad Moshiri has agreed to sell his shares to 777 Partners. Everton have said that the closing of the transaction 'is expected to occur in the fourth quarter of 2023.
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00:00 I'm Emily Bonner, time now for your latest news updates. Everton's owners signed an agreement
00:05 with an American private investment company to acquire his controlling stake in the club.
00:10 Farhad Mashiri has agreed to sell his shares to 777 Partners. Everton have said the closing
00:15 of the transaction is expected to occur in the fourth quarter of 2023.
00:21 Liverpool's former mayor, who scrapped bus lanes throughout the city almost a decade
00:24 ago, has come out against their reintroduction. Joe Anderson said evidence gathered by Liverpool
00:29 Council back in 2013 identified that dedicated lanes for public transport were not benefiting
00:35 the city as planned.
00:38 A long-standing family-run business is asking for support as they say they're facing unprecedented
00:42 levels of shoplifting. Matas International Foods say they hope to raise awareness of
00:46 the impact shoplifting have on local businesses.
00:50 That is all your local headlines for now.
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