By Kieran Maguire

26th Jun, 2022 | 3:34pm

Kieran Maguire: Farhad Moshiri eyeing multiple 'big' purchases as Everton takeover stance emerges

Farhad Moshiri could use the proceeds from a partial sale of Everton to invest in new and more lucrative projects.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the latest takeover news from Merseyside.

A consortium of American investors led by former Man United and Chelsea tsar Peter Kenyon is currently in discussions with Moshiri about a deal to acquire the Toffees.

But The Athletic reported on Wednesday (22 June) that the British-Iranian businessman would ideally like to retain either a reduced majority or significant minority stake in the club.

Everton have been far from a profitable business venture of late and are in the red to the tune of over £370million over the last three years alone.

Maguire explains why a partial sale may be favoured by Moshiri in order to fund more remunerative projects elsewhere.

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“It could be that, from Moshiri’s point of view, it has the benefit of generating big money in the short term,” he told Football Insider’s Adam Williams.

“He is supposedly a wealthy man, so you might think he doesn’t need it. But we don’t know the nature of his circumstances.

“He would then be able to generate cash to invest in other projects in the short term. He does have a history of involvement with football clubs.

“Remember, it was Moshiri selling his stake in Arsenal to Usmanov that allowed him to have the money to buy Everton in the first place.”

Everton begin their pre-season fixture programme against Arsenal in Baltimore on 16 July.

Frank Lampard’s side then begin their 2022-23 campaign against Chelsea on 6 August.

In other news, Harry Winks backed by pundit to complete Everton move after source’s update.