Kieran Maguire: New Everton takeover bidders could now emerge as statement issued
Farhad Moshiri may have knocked back the Peter Kenyon consortium’s bid to buy Everton in order to flush out new interested parties.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the latest developments behind the scenes at Goodison Park.
A collective of American investors led by former Man United and Chelsea executive Peter Kenyon signed an exclusivity agreement last month amid negotiations to purchase the Toffees.
But the terms have now lapsed and current owner Moshiri has publicly said that the talks are dead in the water.
As relayed by The Athletic on Tuesday (5 July) the consortium have released a statement saying that they remain interested.
Maguire suggested that there is still life in the deal and that other potential investors could now come to the fore.
“When it comes to these sorts of deals, experience tells us to never say never,” he told Football Insider’s Adam Williams.
“When you’ve got one party wanting to buy, it becomes an issue of price.
“It could be that Moshiri has rebuffed the initial offer because he considers that they undervalue the club or the timings of the cash flow don’t suit his particular needs.
“Or, he could be trying to flush out other potential groups with whom he feels a greater kinship. There are a lot of reasons.
“The Kenyon group has clearly done some background work. The fact we’ve got as far as heads of terms indicates that there is a degree of seriousness in their offer.
“They are not just tyre-kickers as we see wasting a lot of resources elsewhere in football.”
In other news, Newcastle United submit £35million bid for Everton sensation Anthony Gordon.