EXCLUSIVE: US tycoons circle for £350m Everton as Farhad Moshiri looks for outside investment to help stave off the club’s financial woes… but forget about any sale should they go down
- Everton’s financial woes have deepened after Usmanov was sanctioned
- Toffees have lost eight of their 12 games under Lampard after losing at Burnley
- Everton are now just one point above the drop zone and face Man United next
Everton are attracting interest from American buyers willing to pay £350million for the club despite their financial problems and battle to avoid relegation.
Sportsmail has learned that three US-based bidders have contacted owner Farhad Moshiri seeking to open negotiations since Everton’s financial plight worsened when major backer Alisher Usmanov was sanctioned last month.
Moshiri has not formally put Everton on the market, but is looking for outside investment to help fund the club’s new stadium at Bramley-Moore Dock, leading a number of potential investors to attempt to persuade him to sell.
Under-fire manager Frank Lampard insists he has no problem with facing the sack at Everton
Lampard is now facing the sack after just 67 days in charge by owner Farhad Moshiri (above)
The £3billion battle for Chelsea has shown the huge appetite for Premier League clubs with American investors. Given Everton’s financial issues, US billionaires believe the club could be bought for a fraction of that price.
Moshiri paid around £200m for a 49.9 per cent stake in Everton six years ago. He has since raised that to 94 per cent by increasing his investment to over £500m.
There would be little prospect of him getting his money back if he sanctioned a quick sale.
Sources close to the Iranian businessman insist he remains committed to the club and that he has enough money to keep them going despite the loss of Usmanov’s funding.
With several potential buyers circling, the 66-year-old’s options include selling off his entire shareholding, offloading the majority and staying as a minority owner or seeking to retain a significant influence by entering into a partnership with another owner.
Everton have lost eight of their 12 games under him after the midweek defeat at Burnley
Moshiri has received a range of inquiries valuing Everton at between £300m and £400m over the last few weeks. Club sources are adamant it is worth more than the £305m Saudi Arabia’s Public Investment Fund paid for Newcastle United last October, assuming they stay up.
Relegation would scupper any prospect of a sale, given the club have posted combined losses of £373m over the last three years and would be hamstrung by liabilities in the Championship.
As Sportsmail revealed last month, many of the high-earning squad do not have relegation clauses in their contracts and losing Premier League TV income next season would lead to a fire-sale.
Everton and Moshiri declined to comment.