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Tuesday, December 6, 2022

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Everton takeover ‘closer than people think’

The day is approaching for American investors to take control of Everton, Sources have told Football Insider.

The future ownership of the Merseyside club has been the subject of intense speculation since the departure of Farhad Moshiri SEO He hopes to get investments in July.

A source close to the Everton board said soccer insider There are new developments behind the scenes.

“A deal to buy Everton would be closer than people think” with a “very strong” unnamed US consortium to buy the club.

This is particularly important given Moshiri has yet to secure funding for the Toffees’ move to Bramley-Moore Dock Stadium in 2024.

The 67-year-old is expected to part-fund the construction project, but was unable to commit the full £500million needed to complete his new 52,888-bed home.

Moshiri agreed to hand over part of the club – he currently owns 94.1% – in exchange for cash to facilitate the historic transfer.

A full takeover would see the billionaire sell his entire stake in the club after a rollercoaster reign.

Everton recorded record league losses of more than £370million in the 2018-19, 2019-20 and 2020-21 league seasons.

The party line remains that the clubs are tied to the Premier League and various add-ons believe they are within the £105m losses allowed by the Financial Fair Play system over three years.

In other news, Everton could spend ‘hundreds of millions’ after sources update Lampard.

Sources: Newcastle United snub Cristiano Ronaldo after late-night £16m development

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