The owner of Everton gave up and put the club up for sale

Problems are piling up for Everton, the English Premier League: bad business, bad form, possible relegation from the Premier League, fan protests, no head coach, new players do not want to join them, and old players want to leave as soon as possible. Because of all of the above, the majority owner of the club, Farhad Moshiri, decided that he had had enough and put the club up for sale.

British-Iranian businessman Farhad Moshiri became involved in the ownership of Everton in February 2016, when he bought a 49.9 percent share of the club, and by the end of last year, he had already put as much as 94 percent of the club under his thumb. But the 67-year-old, who, according to British media, is worth a little less than two billion euros, has had enough of dealing with the English Premier League after almost six years.

Farhad MoshiriPHOTO: AP

Moshiri is said to have been actively looking for new investors in the English Premier League for the past few months, but could not find them, so he finally decided to sell the club or his majority stake. At the same time, the businessman would especially like to return the money he allocated for the construction of the new stadium, which began construction in August 2021 at Bramley-Moore port. The English Guardian reports that therefore Moshiri expects at least 500 million pounds (approximately 570 million euros) for his share of the club, and the sale process has been taken over by the renowned British company Deloitte.

Everton fans have been heavily criticizing Moshiri and board members for mismanaging the club in recent months, and have long called for them to sell the club and step down.

The British-Iranian billionaire’s sale of the club was leaked just a day after Everton, who are bottom of the Premier League with just 15 points from 20 games and are in danger of relegation, sacked their head coach Frank Lampard. He was initially expected to replace the former Derby County and Chelsea manager Marcelo Bielsa, who, before signing the contract, expressed doubts about the goals of the club’s management and did not decide to move to Liverpool. The Dutch winger also did not want to complete the contract with Everton, despite having already passed medical examinations and media obligations Arnaut Danjuma, who changed his mind at the last minute and decided to go to London, where he will sign for Tottenham. According to the English media, neither of them took part in Tuesday’s training sessions Anthony Gordon and Amadou Onanawho want to replace the club’s midfield as soon as possible.

Anthony Gordon is one of the footballers who wants to leave the clubPHOTO: AP

During the Moshiri era, Everton spent around £700m (approx. €792m) on more than 50 signings, while the club earned around £400m (approx. €453m) from player sales during this period. The construction of the new stadium is expected to weaken the club’s coffers by at least 550 million pounds (about 623 million euros), and Everton’s last three financial reports show a combined loss of 372 million pounds (about 421 million euros), which is also a result of the suspension of business cooperation with the Russian an oligarch Ališer Usmanov.

The article is in Slovenian

Tags: owner Everton gave put club sale

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