BBC · Jun 10, 2024

Consortium with Saudi royal makes £400m Everton bid

Everton finished 15th in the Premier League last seasonA consortium of international investors, which involves a member of the Saudi royal family, has made a £400m offer to buy Premier League club Everton.

Farhad Moshiri agreed to sell his 94% stake to 777 Partners in September, but the investment firm could not complete the deal, opening the way for others to make a takeover bid.

Local businessmen Andy Bell and George Downing, as well as MSP Sports Capital - who have lent the Toffees around £158m - are also in the running for a period of exclusivity after lodging bids.

Full story at BBC

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