Everton fans group demands answers on whether club is for sale
The 27 Campaign has written an open letter to majority shareholder Farhad Moshiri
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A fan-based Everton pressure group has demanded answers from owner Farhad Moshiri on whether he plans to sell the club.
In the summer Moshiri insisted he remained committed to the Toffees after talks broke down with a United States-based consortium, spearheaded by former Manchester United and Chelsea chief executive Peter Kenyon and including real estate tycoon Maciek ‘MG’ Kaminski.
Kaminski tried to resurrect negotiations but Moshiri has not engaged and with the club continuing to struggle on the pitch the 27 Campaign, formed 12 months ago to highlight the number of years since Everton’s last last trophy win, has issued an open letter asking for clarity.
“Since the summer, messaging from the club has been confused. Is the club for sale? Are you seeking new investors to fund our working capital requirements?” said the letter.
“Other Premier League clubs (Liverpool and Manchester United) seeking new investment or owners have appointed investment banks to handle their requirements.
“They have been clear with their communications. What is your intention, what are you doing and when will you communicate it clearly?”
After last season’s narrow escape from relegation in the penultimate match of the season, Everton find themselves just a point above the bottom three.
The club has also made combined losses of over £371million over the last three years and the 27 Campaign have questioned the role chairman Bill Kenwright and chief executive Denise Barrett-Baxendale have played in that.
“As a result of huge losses and the squandering of resources, our competitive position declines on an annual basis in all respects. How can you justify their performance?” continued the letter.
“We ask you to directly answer the questions put to you. Tell us what changes are to be made to change the direction the club is heading.”
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments