Everton is “not for sale” despite takeover talks, emphasizes Farhad Moshiri

Everton majority shareholder Farhad Moshiri has written a letter to fans insisting the club is not for sale.

A consortium led by former Manchester United and Chelsea chief executive Peter Kenyon and funded by US real estate magnate Maciek Kaminski and billionaire mining and investment magnate John Thornton was in exclusive negotiations to buy the Toffees.

But in a message on the club’s website Thursday night, Moshiri said any new investment would only be a minority stake.

He wrote: “There has been a lot of talk lately about investing in our football club – even acquisitions – but I would like to clarify that there is currently no ‘For Sale’ sign outside Everton Football Club.

“It will always be pragmatic to explore any potential investment opportunities and as I have made transparent my focus is on completing funding for our fantastic new stadium and strengthening the player squad and that could involve a minority stake. This will continue.

“But I want to assure you all that Everton Football Club is not for sale.”

Everton have posted cumulative losses of more than £370m over the last three financial years after making huge investments in the squad for little reward.

Kevin Thelwell was appointed director of football in February, but during Moshiri’s tenure, many fans have become increasingly frustrated with the club’s transfer business.

He continued: “My commitment to the club remains strong and focused and Kevin Thelwell and the chairman are currently working hard to bring in new players to improve Frank Lampard’s squad.

“There will be signings and I would ask fans to rate us at the end of the transfer window – not now – and to listen to official club channels for information.”

https://www.independent.co.uk/sport/football/everton-peter-kenyon-manchester-united-united-states-b2123561.html Everton is “not for sale” despite takeover talks, emphasizes Farhad Moshiri

Fry Electronics Team

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