17:58  ,  January 18, 2022

Everton owner ready to sell club

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.

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