Farhad Moshiri could now sell minority stake in Everton after new ‘signals’ – Wyness
Former Everton chief Keith Wyness has suggested Farhad Moshiri selling a minority stake in the club is the “quickest and obvious” way to proceed if 777 Partners fail in their takeover bid.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – suggested Moshiri has “given signals” that he is no longer willing to fund the Merseysiders.
The Premier League have reportedly written to US-based investors 777 Partners to inform them they are minded to approve their takeover – but have imposed several conditions before the deal can go through.
777 agreed a deal with Moshiri in September 2023 but concerns over their sources of funding have delayed the process.
‘Moshiri could have someone lined up’ to buy minority stake in Everton, Wyness says
The British-Iranian businessman initially invested in Everton in 2016 and increased his shareholding to 94% in 2022.
Wyness told Football Insider‘s Insider Track podcast: “Moshiri could have someone lined up to come in and take a minority stake in the club if the 777 deal falls through.
“That would allow Everton access to funding which would allow them to continue operating.
“There are many options, the first of which is for Moshiri to continue putting money into the club – but he’s given signals that he doesn’t want to do that.
“But bringing in a partner would be the obvious and quickest way to go forward.
“We’ll wait and see, but I feel Everton are going to find a way through this somehow.”
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