Farhad Moshiri in Everton deal talks with US businessman Kaminski | Everton
Farhad Moshiri is in advanced talks with Maciek Kaminski over a deal with Everton which would see the American businessman fund the new stadium and take a stake in the club.
Kaminski, an American property tycoon, was part of the consortium led by former Manchester United and Chelsea chief executive Peter Kenyon who held talks with Moshiri in June. The structure of the deal is complex and market conditions have complicated matters, but a source familiar with the negotiations said there was a good chance a deal would be struck. The percentage of Everton to be bought by Kaminski remains under discussion.
The talks, first reported by the Financial Times, raise the prospect that 12 Premier League clubs have minority or majority American shareholders. A group led by Bill Foley, the owner of the ice hockey Vegas Golden Knights, is trying to buy Bournemouth and there are large scale US investments in Chelsea, Manchester United, Manchester City, Arsenal, Aston Villa, West Ham, Crystal Palace, Fulham, Leeds and Liverpool.
When Moshiri issued a statement in July saying there was ‘no sign’ for sale ‘currently hanging outside Everton football club’, the British-Iranian billionaire admitted he was open to potential investment opportunities that would help fund the club’s new stadium at Bramley Moore dock and possibly sell a minority stake.
Work on the stadium is well underway on Liverpool’s waterfront, with the early stages of development being funded by owner Everton to the tune of over £100million. However, the club, who have agreed a price with builders Laing O’Rourke believed to be around £550million, have yet to reveal how the rest of the development will be paid for.
Moshiri has invested heavily in Everton since selling his stake in Arsenal to become the largest shareholder in 2016. He increased his stake to 94%, but despite spending around £600m on new players, the owner presided over a chaotic and turbulent period in Everton’s history. which saw the team narrowly avoid relegation from the Premier League last season.
Everton have posted record losses of £372.6million over the past three financial years. They also suspended all business deals with companies linked to oligarch Alisher Usmanov, a former business partner of Moshiri, after Russia invaded Ukraine and imposed sanctions on Vladimir Putin’s allies. Usmanov’s USM Holdings had a £30m deal with Everton for a first refusal on a naming rights deal for the new stadium.
Moshiri has rarely been seen at Everton matches this year with fans staging protests against his management of the club at the end of last season and again this summer.
Everton’s return of Dominic Calvert-Lewin could be on hold for another week as Frank Lampard ponders whether to give the striker more practice ahead of his first appearance of the season. Calvert-Lewin returned to training after a knee injury ahead of Everton’s recent win over West Ham but was not risked for this game and given the international break to get fit. The 25-year-old is available for tomorrow’s trip to Southampton but Lampard admits Calvert-Lewin’s involvement is not guaranteed.
The Everton manager said: “It’s about making sure Dominic is in the best condition.
“We’ve looked at his plan and some of his training to make sure he’s in the best shape possible.”