Michael Dell, the billionaire founder of computer company Dell Technologies, has become the latest American interested in buying Everton. Current Toffees owner Farhad Moshiri has been attempting to offload his troubled club for nearly a year. The British-Iranian businessman initially invested in the English team back in 2016. He then increased his stake in Everton to 94% just two years ago.
Moshiri thought he had a deal with 777 Partners in place last fall. The two sides even agreed on a fee, but the American investment group’s financial standing ultimately hindered the completion of the sale. After the proposed deal dragged on for months, Moshiri gave 777 Partners a deadline of May 31st to finally complete the deal. This deadline has obviously now expired.
As the deadline approached, fellow American John Textor openly admitted that he was interested in buying Everton. The billionaire, however, already co-owns Premier League side Crystal Palace and would need to sell his stake in the team to pursue the Toffees. This apparently is not an issue for Textor. The outspoken investor has now put his 45% stake in Palace up for sale.
Dell would work with local investors in potential Everton deal
Along with Textor, there are now apparently five other groups looking to buy Everton. At least some of these interested parties are also American as well. Michael Dell, the 10th-richest person in the world, is reportedly backing Andy Bell and George Downing in the potential deal. The two are local Merseyside businessmen that are committing about $63 million to the Toffees.
Sean Dyche will hope the continued uncertainty regarding the takeover will not impact his summer plans for Everton
Dell would work with the tandem in securing the rest of the necessary funds to complete an agreement with Moshiri. The Telegraph is claiming that the group is…
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Author : Chris Moore
Publish date : 2024-06-08 14:53:07
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