Connect with us

Everton

Everton in talks with US-based consortium led by former Chelsea executive regarding a potential sale

Everton owner Farhad Moshiri is exploring the options for the sale of the club, as he is in talks with a US-based consortium led by former Chelsea and Manchester United executive Peter Kenyon.

The English businessman, who is leading the group consisting of the United States businessmen Maciek Kaminski and John Thornton, is interested in a complete takeover of the Toffees worth £500 million.

Kenyon, who has also worked at clubs like Wolves, Atletico Madrid and Paris Saint-Germain, was also one of the interested parties in buying Newcastle United before Saudi group PIF’s takeover.

A report from the Telegraph states that negotiations regarding the takeover are still in the early stages.

Moshiri’s ownership has been heavily criticized over the past few seasons, with the Toffees hitting new lows on and off the pitch.

The Toffees recorded a loss of £110m for this year, making it a total of £372m in the last three seasons. 

The British-Iranian billionaire issued an apology to Everton fans last week following a turbulent 2021/22 season, where Frank Lampard’s side escaped relegation only by a whisker after the dramatic 3-2 comeback win over Crystal Palace.

Moshiri also ensured that he would deliver a fully-funded stadium at Bramley Moore Dock, which is currently under construction.


His message read: “Mistakes have been made and for that I want to apologise to all of you. It has not been good enough and we need to do better.

“You have given us incredible support that helped us over the line when we most needed it, and we must repay that support and show that lessons have been learnt.

“More than any other club in England, Everton is the Club of its people, its community and its fans, and always will be.

“I am committed to securing the future success of the Club by delivering a fully-funded stadium that will underpin our status as a leading club.

“Our new stadium project at Bramley-Moore Dock has reached an exciting and landmark stage as it emerges from the ground, with the four main cores now in place.”

More in Everton