Kieran Maguire: Farhad Moshiri ready to accept two takeover bids amid Everton latest
Farhad Moshiri could sell shares in Everton to two parties but keep a 51 per cent stake and retain strategic control of the club.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the latest news from behind the scenes at Goodison Park.
American billionaire Maciek Kaminski has returned to the negotiating table after he was unable to reach an agreement with Moshiri earlier this year.
And The Times reported last Wednesday (5 October) that a new bidder has emerged in the form of LAMF Ventures Corp, a special acquisitions firm co-owned by Jeffrey Soros, nephew of one of the world’s richest men, George Soros.
Everton are teetering on the edge of Financial Fair Play sanctions and questions remain about funding for the construction of their soon-to-be new home at Bramley-Moore Dock.
Maguire suggests that Moshiri could accept bids from both LAMF and Kaminski to help boost the club’s coffers, but this would not mean he loses control of the Toffees.
“The more people you have interested in any product or service, the easier it is to negotiate concessions in terms of price and timings of cash flows,” he told Football Insider’s Adam Williams.
“So, I’m sure Everton will be delighted if there are more people involved in wanting a stake in the club.
“It seems that Farhad Moshiri still wants control but that doesn’t mean he isn’t willing to give up a minority stake in the club.
“It could be two minority stakes. Provided he keeps more than 51 per cent of the club, he is able to dictate the strategy of the club in terms of talent recruitment and retention.“
In other news, Everton lining up £150m Bramley-Moore deal.