Farhad Moshiri has reportedly put Everton FC up for sale at a price of over £500m.

With Everton FC of the English Premier League languishing just above the relegation places, it was reported today, Tuesday 24 January, that owner Farhad Moshiri has put the club up for sale.

After a terrible run of results, the Goodison Park side are 19th in the table and now without a manager. Frank Lampard was fired yesterdayMonday the 23rd, after a 2-0 defeat against West Ham last weekend.

Toffee fans have been staging protests against the club’s owners for some time, and it appears Moshiri has finally thrown in the towel and put the club on the market after seven years in charge.

The British-Iranian businessman is open to offers of more than 500 million pounds, according to the guardian.com. Moshiri was originally thought to have been looking for an outside investor, but the news outlet believes he is now open to all offers as part of an exit strategy.

A ‘number of potential buyers’ are already said to be interested in buying the legendary Merseyside-based club. Apparently, Moshiri will agree to a majority or minority sale. Any sales will reportedly be handled by Deloitte.

With Everton’s new football stadium under construction at Bramley-Moore Dock, Moshiri will be eager to recoup the money he has invested in that project.

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By yjawq

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