Founded in 2024, it has acquired several soccer teams such as Genoa C.F.C. in Italy, Standard Lige in Belgium, Red Star F.C. in France, CR Vasco da Gama in Brazil, and Hertha BSC in Germany. It has minority shareholdings in Sevilla FC in Spain and Melbourne Victory FC in Australia.

According to a September article by Reuters, Everton have been sold to 777 Partners, the struggling Premier League club said on Friday, with the U.S. private equity firm taking over from Farhad Moshiri in a deal reports said was worth more than 550 million pounds ($685 million).