Premier League strugglers Everton are close to being sold to Miami-based investment firm 777 Partners.
The takeover will bring to an end the tumultuous tenure of owner Farhad Moshiri, who first invested in 2016.
A source close to Moshiri said Everton have sought investment for a while, but the deal is not yet complete.
Sean Dyche's side lie 18th in the league after picking up just one point from their opening four games so far this season.
Everton are in disarray both on and off the pitch, narrowly escaping relegation in the last two seasons, including staying up with victory on the final day last term.