Farhad Moshiri Frank Lampard Alisher Usmanov Usa Sporting Farhad Moshiri Frank Lampard Alisher Usmanov Usa

Everton ‘not for sale’ insists owner but ‘close’ to investment for new stadium

Reading now: 385

Everton owner Farhad Moshiri has insisted the troubled club is not for sale but said he is close to a deal with a minority investor to help finance their new stadium at Bramley-Moore Dock.Moshiri has been searching for investment for almost a year and had described the cost of Bramley-Moore Dock as £500m before saying earlier this month it was £760m.He had been in talks for several months with the American billionaire Maciej Kaminski but it is understood no discussions have taken place since the World Cup.Moshiri claimed he has now found a partner who will provide extra funds and expertise as he said Everton, who are 19th in the Premier League and sacked manager Frank Lampard on Monday, are at their most critical time ever.He told the club’s Fan Advisory Board: “The club is not for sale but I have been talking to top investors, really quality, to bridge a gap on the stadium.

I can do it myself and the reason I want to do it is to bring top sport investors to Everton. We are close to having a deal done.

It is not selling the club at all. It is bringing more expertise in terms of sponsorship, commercial development and a lot of specialist sport investors have this pool of knowledge.“The stadium is the best-performing area of our operation at the moment: on time, on budget.

Once we get through the current underperformance fans can start dreaming with me.“The stadium was never a luxury for Everton.

Read more on independent.co.uk
The website players.bio is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News