Everton ‘not for sale’ despite takeover talks, insists 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 property tycoon Maciek Kaminski and billionaire mining and investment tycoon John Thornton were in exclusive negotiations to buy the Toffees.

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

He wrote: “There has been a lot of talk about investments in our football club recently – even takeovers – but I want to make it clear that there is no ‘for sale’ sign currently hanging on the wall. exterior of Everton Football Club.

“It will always be pragmatic to explore all potential investment opportunities and, as I have been transparent about this, I am focused on completing the financing of our fantastic new stadium as well as strengthening the team. of players, and this could include a minority investment. It will continue.

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

Everton have suffered cumulative losses of over £370million over the last three financial years following huge investments in the playing squad for little reward.

Kevin Thelwell was appointed director of football in February, but many supporters are increasingly unhappy with the club’s transfer activities during Moshiri’s tenure.

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 new signings and I would ask the fans to judge us at the end of the transfer window – not now – and listen to the official club channels for information.”

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