Everton takeover moves closer after talks with American consortium
Former San Diego Padres owner John Jay Moores and entrepreneur Charles Noell look into buying the Toffees
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.Everton are reportedly closing in on a £200m takeover by an American consortium after talks with chairman Bill Kenwright accelerated.
Former San Diego Padres owner John Jay Moores and entrepreneur Charles Noell, who have shown a previous interest in Premier League rivals Swansea City, have spent six weeks analysing the Toffees’ accounts.
BBC Sport report that Everton are moving closer to the completion of a deal which is likely to give them more financial clout in the transfer market. Kenwright has led negotiations but talks have also been on-going with major shareholders Robert Earl and Jon Woods.
Kenwright purchased Everton for £20m in 1999 and has remained at the top since, appointing David Moyes who would later deliver Champions League football, although the Merseyside club failed to reach the group stage.
Unrest among supporters disgruntled by an impotency in the transfer market has forced Everton chiefs to look into the possibility of selling up more seriously after years of claiming they were happy to receive a takeover bid.
Moores, who bought baseball team San Diego Padres for $80m (£53.7m) in 1994, is believed to be worth about £500m.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments