After months of searching for external investment, Farhad Moshiri has finally decided to officially put Everton football club up for sale.
Will Unwin of the Guardian has reported that: “Everton have been put up for sale by Farhad Moshiri, who is looking for offers of more than £500m for the Premier League club.
“In recent months Moshiri has sought outside investment, but he has finally put Everton on the market and would consider a minority or majority sale. A number of potential buyers have expressed interest.”
Farhad Moshiri Sets £500 Million Asking Price for Everton
Everton have been put up for sale by Farhad Moshiri, who is looking for offers of more than £500m for the Premier League club.
Story: @Will_Unwin https://t.co/AxY23W4oQT
— Guardian sport (@guardian_sport) January 25, 2023
A Club in Crisis
Regardless of what lens you look through, Everton are a club in crisis.
From a footballing perspective, the team currently occupy nineteenth position in the Premier League and their ex-manager Frank Lampard has recently been sacked.
Then there is the business aspect of the club – arguably, this is in a worse state than the football department. After all, it has been the ever-increasing list of bad decisions made by those that run Everton that has led to the dire run of form displayed by the Toffees in recent years.
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Finally, there is the atmosphere that surrounds the entire organisation. Everton fans are notorious for their unwavering support of their team; however, even that aspect has begun to fade. A Physical attack on a member of the club’s hierarchy has been accompanied by multiple protests throughout the season.
For the first time in many years, there is toxicity brewing at Goodison Park.
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A Much-Needed Sale
For that reason, a change of ownership appears to be the best solution for all parties involved.
However, as was the case with Newcastle United, sales of clubs the size of Everton can be a very drawn-out process, and the players must remain focused on the very real relegation fight they currently find themselves in.