Everton fans rejoice as Farhad Moshiri ‘enters talks to sell club for £400million’
Everton fans have rejoiced as Farhad Moshiri reportedly enters talks to sell the club for £400million.
According to the Financial Times, Moshiri is progressing in discussions with Polish-American businessman Maciek Kaminski, who made his money investing in real estate after emigrating to the USA from Poland in the 1960s. However, the report also claims that the deal could be made complicated by the current volatility of the UK market.
Everton made a £120million net loss in the 2020/21 financial year after reporting losses of £251million across the two prior financial years, more than any other Premier League club across the same period.
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As a result, some Toffees fans are celebrating the news that Moshiri could soon be selling, with one supporter tweeting: “Get innnnnnn.”
Another added: “That’s January transfers sorted, Champions League incoming.” A third fan was more reserved but wrote: “As long as any new owners don’t change the current coaching set up and transfer strategy then I don’t mind either way.”
However, others are more sceptical over Kaminski’s ability to complete the takeover and just how much of Moshiri’s stake he would purchase.
Moshiri has held a majority stake in the club since 2016 and currently owns a 94% share. Everton also plan to move into their new Bramley-Moore Dock Stadium in 2024, with the project estimated to be costing around £500million to complete.
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Talks between Kaminski and Moshiri are said to have progressed well in recent days as a potential deal edges closer to completion.
The takeover would have to be approved by the Premier League before it can be completed, but if successful would mean that half of the top flight’s 20 clubs have American investment.
Frank Lampard’s side are currently 13th in the Premier League after seven matches this season, having claimed their first victory of the campaign last time out against West Ham United prior to the international break.
The Toffees return to action this weekend as they travel to Southampton on Saturday afternoon, where a win could see them leapfrog Merseyside rivals Liverpool in the table.
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