Sport

Everton: Farhad Moshiri says Toffees are not for sale

Everton is not for sale despite supporter protests against his running of the club, says owner Farhad Moshiri. Disgruntled fans have called for Moshiri and the board of directors to resign in recent weeks with the club 19th in the Premier League. The Merseysiders have won just one of their last 14 matches and sacked manager Frank Lampard on Monday. Moshiri says he "feels the pain" of the fans and will do "whatever it takes" to win back their support. A consortium led by former Manchester United and Chelsea chief executive Peter Kenyon held talks over a deal to buy Everton last summer. The club opted not to continue those talks after a period of exclusivity ended in July, with Moshiri saying it was not for sale in an open letter to fans. 

However, the Guardian reported on Tuesday that Moshiri has now made Everton available for £500m and would also consider selling a minority or majority stake, with a number of parties expressing interest. In an interview with the Everton Fan Advisory Board, recorded before Saturday's defeat at West Ham United and the dismissal of Lampard, Moshiri said he is only seeking to bring in extra finance in order to help fund the new stadium at Bramley-Moore Dock on Liverpool's waterfront. "The club is not for sale, but I've been talking to top investors of real quality to bridge a gap on the stadium," he said. "I can do it myself. But I want to bring top sports investors into Everton.

 We are close to having a deal done. "It is not selling the club at all, it is just bringing more expertise in terms of global sponsorship, and commercial development. "A lot of specialist sports investors have this pool of knowledge and it is to secure that for Everton."

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