Everton Owner, Farhad Moshiri Puts Club Up For Sale

Everton has been put up for sale by its 67-year-old British-Iranian owner, Farhad Moshiri.
In recent months, Moshiri has sought outside investment but he has finally put Everton on the market, and would consider a minority or majority sale.

He is looking for an offer worth more than €500m for the club.

It is believed that the 67-year-old is looking to recoup the money he invested in the building of the club’s new stadium, currently being put together in the city of Liverpool’s dock area.

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A number of potential buyers had expressed interest, with several buyers been linked with a takeover at the start of the season.

The Merseyside outfit are down in 19th in the table after collecting only 15 points from their first 20 games this season, with Frank Lampard overseeing the club’s worst start to a Premier League season.

While Lampard has been sacked, fans have called for the board to resign after a lack of investment and years of botched recruitment strategies in the transfer market.

The threat of relegation is real to the club, and has also pushed the club into crisis mode as they are yet to appoint a new manager.

The likes of Ralph Hasenhutti and Marcelo Bielsa have been shortlisted as Lampard’s replacement so far.

American financial firm Deloitte have been tasked with overseeing the sale of the club with offers set to be made for the Premier League strugglers, who were taken over by Moshiri in 2016 in a £200m deal for a 49.9 per cent stake.