Wednesday 23 December 2015

Everton lined up for American takeover



Everton could join a growing list of Premier League club owned by American owner as the club is currently subject to a £200million takeover bid. There has been advanced talk with former owner of San Diego Padres baseball team. The increase in tv money has made the Premier League one of the biggest and most lucrative investment in world sports.
An American group of investors is understood to have been in discussion with the Premier League club over a takeover. Fans have grown increasingly frustrated due to the lack of investment by the club and there is genuine optimism that this deal will sail through. Club chairman Bill Kenwright is said to be willing to share his stakes at the club to the US investors as the club are in need of investments to carry out their stadium plans as well as continue their annual expenditure on improving the squad. The chairman had always insisted he will only sell the club to a buyer who has the best interest of the club at heart.
The consortium which is led by John Moores and Charles Noell had previously shown an interest in purchasing Swansea but had to shift their focus to Everton after that deal could not be completed. The club fans are desperate for this deal to be completed so that they can really kick on to the next level with an upgrade of Goodison Park becoming an absolute necessity. The two top clubs could come under American ownership in the coming months if the deal sails through as Liverpool is currently owned by Tom Werner.
Coincidentally, Tom Werner was former owner of San Diego Padres baseball team which he sold to John Moores.

Goodison Park

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