Goal.com · Feb 9, 2016
RUMORS: American consortium closing in on Everton takeover
The Toffees could be set for a cash injection following negotiations with a group led by John Jay Moores - the former owner of the San Diego Padres baseball team.
Everton is edging closer to a 200 million pound ($288M) takeover as talks with an American consortium continue to progress, according to the BBC.
The group is led by John Jay Moores, the former owner of the San Diego Padres baseball team, and has been in negotiations with Toffees chairman Bill Kenwright for several months.
Moores, who had previously been interested in taking over Swansea City, is said to have spent the last six weeks looking through Everton's accounts with his fellow investors.