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Talks Continue Over Potential Takeover of Everton Football Club

Everton

The Telegraph’s Matt Law has reported that United States-based KAM Sports, owned by the Kaminski family, are still in talks with Everton owner Farhad Moshiri over a potential purchase of the club.

Speaking on Twitter, Law said: “Maciek Kaminski and his family remain in talks to buy Everton. Offer has remained on the table and talks have been ongoing since the end of June when the exclusivity expired. Not thought to be any other bidders at this stage. The Kaminski’s now working on their own”

This comes after the Kaminski family were unsuccessful in their attempt to buy the club earlier this year when they were part of a consortium led by Peter Kenyon, the former chief of both Manchester United and Chelsea.

Matt Law went on to say that an agreement between the Kaminski’s and Moshiri is not “thought to be imminent at this stage”.

KAM Sports Remain in Talks to Buy Everton Football Club

Farhad Moshiri’s Troubled Tenure

When Moshiri first became a shareholder at Everton, there was a great deal of optimism surrounding the club. His initial stake was 49.9 per cent, however, that quickly rose to a whopping 68.6 per cent just two years later in 2018. He continued to increase his stake in the club, and in January 2022 his stake in the club rose to 94 per cent.

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Despite this, his time at the club has failed to live up to the expectations that the Everton fans originally had.

Moshiri was supposed to be the owner that would finally transform Everton into a consistent top-six side after years of being on the verge of doing so. But, although the club have spent over £500 million on transfers since his initial takeover in 2016, the Toffees have actually slid down the table, and are now further away from being a top six side than they have been in a very long time.

The 2021/22 campaign was perhaps the worst of them all, as the season saw Everton come nail-bitingly close to their first-ever relegation from the Premier League.

Despite his troubles, however, Farhad Moshiri continues to insist, publicly at least, that “there is no ‘for sale’ sign currently hanging outside Everton Football Club.”

Although he did admit that it was “pragmatic to explore all potential investment opportunities”.

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