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Everton owner in talks to sell – report

Everton owner Farhad Moshiri is in advanced talks to sell the English Premier League club to a US businessman, it has been reported.

The Financial Times says that talks between Moshiri and Maciek Kaminski, a Minnesota-based investor, over a PS400m (A$680m) deal have progressed in recent days.

Any deal would need Premier League approval and the paper reports that talks have been complicated by recent financial market instability in the UK.

Kaminski was previously involved in a failed bid for the club with former Chelsea and Manchester United chief executive Peter Kenyon.

Polish-born Kaminski emigrated to the US in the late 1960s and built his wealth by acquiring office properties in Minneapolis, the FT said.

Moshiri first invested in Everton in 2016 and took a majority stake two years later.

Everton are looking for investment for a new stadium and have spent heavily on players under…

Read more at thewest.com.au

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