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09 February 2016

EVERTON CLOSER TO 200M TAKEOVER

Kenwright has conducted a search for investment for more than a decade.
But the latest moves are felt by those close to the club as representing the most positive and hopeful development since the theatre impresario indicated his willingness to sell.
Kenwright, who bought the club from Peter Johnson for £20m on 26 December 1999, said as far back as November 2007: "If the right person stands in front of me and wants to take this club forward, then I will sell."
Former Everton midfielder Peter Reid told BBC Radio 5 Live that the club needed new investment and a new ground.
"We've got a great squad of players and a good manager, but we need to get a new stadium to keep pace with the other clubs in this Premier League," he said. "You need the revenue that generates.
"If Bill Kenwright says it's OK, let's get it done."
After years of inactivity regarding a sale, it is understood there has been a growing iintent to do a deal in recent months, fuelled by growing, serious interest from a number of groups.
If the deal is completed, it would mean both Merseyside Premier League clubs would be under American stewardship.
Moores, who bought baseball team San Diego Padres from Liverpool chairman Tom Werner for $80m (£53.7m) in 1994, is believed to be worth about £500m.
Moores and Noell have a background in technology.
Moores founded BMC software and also JMI Equity, a venture capitalism arm of his empire, which Noell helped to co-found.

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