Home Sports Farhad Moshiri Says Everton Not for Sale but Close to Securing Stadium Investment

Farhad Moshiri Says Everton Not for Sale but Close to Securing Stadium Investment

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Farhad Moshiri Says Everton Not for Sale but Close to Securing Stadium Investment

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Last Updated: January 25, 2023, 09:08 IST

Everton chairman Bill Kenwright and owner Farhad Moshiri (Reuters)

Everton chairman Bill Kenwright and proprietor Farhad Moshiri (Reuters)

Everton proprietor Farhad Moshiri stated is wanting for assist financing the development of Everton’s new stadium at Bramley-Moore Dock

Everton proprietor Farhad Moshiri has stated the Premier League membership will not be for sale, but he’s shut to securing funding to assist with constructing a brand new stadium.

Moshiri informed the membership’s Fan Advisory Board (FAB) that he’s wanting for assist financing the development of Everton’s new stadium at Bramley-Moore Dock in a video posted on the membership web site on Tuesday but recorded prior to their defeat to West Ham United on Saturday.

The Guardian newspaper on Tuesday reported that Moshiri had put the Merseyside membership, who’re languishing within the Premier League relegation zone and sacked supervisor Frank Lampard on Monday, up for sale.

When requested to touch upon the Guardian report by Reuters, an Everton spokesperson stated the video posted on the membership web site made Moshiri’s views clear.

“The membership will not be for sale but I’ve been speaking to high buyers, actually high quality, to bridge a niche (in funding) on the stadium,” Moshiri informed the membership’s FAB.

“I can do it myself and the reason I want to do it is to bring top sport investors to Everton. We are close to having a deal done. It is not selling the club at all. It is bringing more expertise in terms of sponsorship, commercial development and a lot of specialist sport investors have this pool of knowledge.

“The stadium is the best-performing area of our operation at the moment: on time, on budget. Once we get through the current underperformance fans can start dreaming with me. The stadium was never a luxury for Everton. For us, it was a necessity.”

Everton have performed each season since 1954-55 within the high flight, but have gained solely three of their 20 leagues video games this time period and sit second backside of the standings.

Moshiri sought to reassure followers that the workforce can nonetheless flip issues round.

“The ambition for Everton is all the time to be a part of the elite,” he added. “We were part of the elite. Our goal is never to be in the bottom three. Our ambition is to play European football.

“We haven’t succeeded today but we have laid the foundation to do it. We’ll get there but we can only get there together.”

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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)

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