By Kieran Maguire

6th Aug, 2022 | 3:22pm

Kieran Maguire: Farhad Moshiri could now sanction Everton sale as new takeover details emerge

Farhad Moshiri could sanction the sale of up to 20 per cent of his stake in Everton.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about how a partial sale would affect the British-Iranian billionaire’s control of the Toffees.

Moshiri ended takeover talks with a consortium of American investors earlier this summer, but it has been widely reported that many groups remain interested in a possible buyout.

The 67-year-old penned an open letter to fans in July stating that he would welcome minority investment to help ease the club’s financial plight.

Everton CEO Denise Barrett-Baxendale followed up on this claim in a statement last Thursday (28 July), stressing that the owner will exercise “pragmatism” if investment opportunities present themselves.

Moshiri could cede as much as a fifth of his stake in the Merseysiders without losing real control, forecasts Maguire.

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“Ideally, he would like to sell no more than 20 per cent,” he told Football Insider’s Adam Williams.

“Under company law, that gives you greater strength. If it stays above that margin, it would be fine. If someone went and bought, say, 49 per cent, that is usually done with a view to taking over fully in future.

“The interesting thing is, what is in it for the other partner? Given the club’s losses and the fact that the club is ambitious and wants to challenge the ‘Big Six’, it will come at a very high investment cost.

“If you are a minority investor, you are having to write out cheques without really having a big say in how the club’s day-to-day is run.”

In other news, Everton tipped to complete striker signing after source’s Dominic Calvert-Lewin update.