The owner of Everton, British businessman Farhad Moshiri is ready to sell the English club, Daily Mail reported.
The club has lost £265 million in the previous three years. Everton are currently valued at around £350million. Moshiri has invested more than £450million after first buying 49.9 per cent of the club. His stake now stands close to 90 per cent.
Moshiri has invested £50 million in the construction of the club's new stadium. The total cost of the construction is half a billion pounds.