Everton owner Farhad Moshiri discloses club are talking to investors

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    Everton owner Farhad Moshiri has rejected that the club is for sale but has confessed to being in touch with ‘top investors’ to facilitate the building of their new stadium. 

    The Toffees’ proposed new stadium on the site of the Bradley-Moore Dock has a magnanimous expectant cost of €500m, but their current status as a Premier League club is yet far from being guaranteed.

    Moshiri reveals that the club is talking to investors

    Saturday’s shattering loss of 2-0 to West Ham United marked Everton’s ninth loss in their past 12 outings and was ultimately a game that cost manager Frank Lampard’s job. He takes his leave while the club is in 19th place, just above Southampton, with regard to goal difference. 

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    Reports suggested that Moshiri is closely looking for investment and would even consider selling completely for € 750m. Meanwhile, he has also said to one Everton Fan Advisory Board that he’s not willing to depart entirely.

    What did he say?

    “The club is not for sale, but I’ve been talking to top investors of real quality to bridge a gap on the stadium. I can do it myself. But I want to bring top sports investors into Everton. We’re close to having a deal done.”

    Moshiri further added, 

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    “It’s not selling the club at all; it is just bringing more expertise in terms of global sponsorship and commercial development. A lot of specialist sports investors have this pool of knowledge, and it is to secure that for Everton.” 

    Moshiri even expanded that the current season is the most terrible time ever in history. He said, 

    “This is the most critical time in our history. It is almost an existential point. I have faith in this board. In the past, I have removed directors and appointed directors. I’m not shy to make changes. We make changes when there’s a need. We will be ruthless. We need to be calm, and we need to go beyond our current position on the pitch.” 

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    He also added that he has an ear to everything the fans are saying, and those will be addressed. He’s committed to the club and that he has a list of every point.

    Read More: Roma’s Nicolo Zaniolo will prefer a move to Milan over Tottenham, which is a big blow to Antonio Conte’s plans

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