Everton are unlikely to be taken over by a consortium led by Peter Kenyon as Farhad Moshiri’s high valuation led to “talks breaking down” at Goodison Park, according to Daily Star reporter Paul Brown.
The Toffees only avoided relegation to the Championship by a four-point margin last season, but that hasn’t stopped interest in the Merseyside outfit.
What’s the latest on a potential Everton takeover?
It is understood that Everton will no longer pursue takeover talks with a consortium led by Kenyon.
Although it appears the Toffees have decided to abandon negotiations, a source close to the Kaminski family – who intended to provide the majority of the funding – claimed talks were still ongoing.
It comes after The Telegraph revealed last month that Kenyon was leading a group of businessmen seeking to wrest Everton from current owner Moshiri.
Kenyon, along with American tycoons Maciek Kaminski and John Thornton, were granted an exclusive period to hold detailed talks with Moshiri.
However, the 67-year-old was reportedly only interested in selling Everton for offers in excess of £500million.
What did Paul Brown say about the situation?
Brown would be surprised to see the consortium led by Kenyon, who previously held behind-the-scenes roles at Manchester United, Chelsea and Middlesbrough, get the keys to Goodison Park.
The reporter understands that they weren’t willing to match the price Moshiri had set for Everton.
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Brown told GIVEMESPORT: “I find it hard to believe that the Kaminski group will end up owning Everton.
“There seems to have been a bit of a breakdown in the talks there. They strongly disagree with Moshiri’s assessment of the club.
Could any other suitors complete an Everton takeover?
According to Echo of Liverpoolother potential bidders have been closely following developments at Everton.
The report suggests that Moshiri, which first acquired a 49.9% stake in February 2016, is now able to engage with these suitors due to the expiration of the Kenyon-led group’s exclusivity period. .
US-based tycoons were said to have considered whether to move in the final weeks of last season and were ready to offer £350million.
While that may not match Moshiri’s asking price, the fact that he has held talks with a consortium in recent weeks shows that the Iranian-born businessman – who now controls 94.1% of the shares of the Toffees after a £100m capital injection in January – are open to reaching a deal.
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