Kieran Maguire: Everton ready to cash in amid £826m takeover reveal
Everton are still a high-value takeover proposition despite their financial issues – and this is in large part due to their location and history.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Forbes’ latest valuation of the Toffees.
The indsutry experts published their annual list of football’s 20 most valuable clubs last Friday (9 September), with Everton taking 16th place.
Forbes guage that an investor would have to pay £826million to wrestle control of the club from Farhad Moshiri.
That is despite the fact that they Merseysiders are severly limited by Financial Fair Play constraints after posting eye-watering losses of £372m over the last three years.
But Everton will move into a new 52,000-seater stadium on Bramley Moore Dock in time for the 2024-25 campaign.
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Magiure claims that Forbes’ valuation takes this and a number of other future revenue opportunites into account.
“Forbes’ valuation of Everton does seem high based on most modelling standards,” he told Football Insider’s Adam Williams.
“It looks like whoever has made the valuation has done it on the basis of future potential.
“Being in a city where there are only two major clubs, a city where there is an airport, a city which is attractive from a tourist perspective mean there are benefits.
“They can start to monetise these links to greater effects when they move to the new stadium. This will be easier to do given the history and heritage of the club.“