Everton in £200million U.S takeover talks

Rhodri CannonRhodri Cannon· Updated
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Everton in £200million U.S takeover talks

Everton could be taken over by an American consortium in the next six weeks, according to the Times.

The group is believed to have already signed a Head of Terms agreement, which could be worth up to £200million.

Bill Kenwright has given John J Moores and Charles Noell, the assumed leaders of the consortium, access to the finances at Goodison Park.

Moores and Noell were previously linked to a potential takeover at Swansea City, but talks fell through earlier this year.

The potential investors will the have until the end of January to see if they want to push through with a deal, and if an agreement is reached Everton would be the second Premier League club to have American investors inject their money into them in a matter of months, after Crystal Palace announced they agreed to sell a 36% stake to money men from across the pond.

Kenwright has talked to many groups regarding the sale of Everton over the years, and is believed to have been in dialogue with three consortiums since October, with Moores and Noell the frontrunners.

It remains to be seen what Evertonians think of this, but many will hope it isn’t another false dawn.

Head Editor of Read Everton, writer for The Read Network and more. The Strokes are boss.

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