777 Partners have moved a step closer to their proposed Everton takeover.
The Miami-based investors struck an exclusivity deal with Farhad Moshiri in September for the entirety of the majority shareholder’s 94.1% shareholding.
Their planned instalment as Goodison Park’s new overlords is undergoing a series of regulatory checks before they can be cleared to ascend to power.
Already, co-founders Josh Wander and Steven Pasko have been approved to become take up directorship roles at the Blues by the Football Association.
But 777 cleared another significant hurdle on Friday with the Financial Conduct Authority now green-lighting their prospective takeover of the club.
The regulatory body was looking into the multi-club operators’ credentials and key for any companies looking to carry out financial business in the UK.
However 777 still need to gain full approval from the FA and the Premier League, who will require the group to pass their owners and directors test.
Wander and Pasko have regularly visited Goodison since it was confirmed they had agreed a deal to bring an end to Moshiri’s seven-year premiership.