Everton ‘put up for sale’ by Farhad Moshiri with £500m valuation set amidst fierce fan criticism

Everton co-owner Farhad Moshiri at a match Credit: Alamy
Everton co-owner Farhad Moshiri at a match Credit: Alamy

Farhad Moshiri is willing to sell Premier League club Everton for ‘more than £500million’, according to a report.

There is an awful lot going on at Goodison Park right now…

Following Saturday’s 2-0 loss at relegation rivals West Ham United, manager Frank Lampard was relieved of his duties.

Former Leeds United head coach Marcelo Bielsa is reportedly the Toffees’ top target, though the Argentine is believed to have doubts about taking the role.

Everton were expected to announce the signing of Arnaut Danjuma on Tuesday before Tottenham hijacked the deal at the 11th hour.

And to make matters worse, two of the club’s key players, Amadou Onana and Anthony Gordon, reportedly did not turn up for training at Finch Farm on Tuesday.

With the club in a state of disarray and staring down the barrel of relegation from the Premier League, under-fire co-owner Moshiri now wants out.

This will be music to the ears of the Everton fan base, though they will probably feel like the damage has already been done.

According to The Guardian, Moshiri is looking to receive bids in the region of £500m.

The report states that the British-Iranian billionaire is ‘open to minority or majority sale’ with a ‘number of potential buyers expressing an interest’.

After hoping to receive investment in recent months, Moshiri has finally decided to put the Premier League outfit on the market.

Moshiri is keen to recoup the money he has invested in the club’s new stadium, which is currently being built.

Everton have spent a colossal amount of money in the Moshiri era, with barely any of the big-money deals proving to be a success.

The new stadium on Bramley-Moore Dock is under construction at a cost of at least £550m and the 67-year-old has funded the construction costs while seeking the additional investment required to complete the project.

The atmosphere at Everton is extremely toxic, to say the least.

Fans have held banners, sang songs, blocked players from leaving the Goodison Park car park, stopped players in the street, and much more, to vent their frustrations.

Ahead of the Toffees’ relegation six-pointer against Southampton earlier this month, the club’s board of directors were told not to attend because of a ‘real and credible threat to their safety and security’.

It was then reported that Everton chief executive Denise Barrett-Baxendale was ‘put in a headlock’ as she left the Goodison Park directors’ box.

READ MORE: Frank Lampard needs to add more than ‘being Frank Lampard’ to his CV

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