Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13726)           
UK only International

Everton poised for £200m US takeover

By Matthew Campelli    23 Dec 2015
The club is hoping to build a new stadium to replace the ageing Goodison Park / mrmichaelangelo/Shutterstock.com

Everton Football Club (EFC) is the subject of a £200m (US$297m, €271.9m) takeover bid, with the club’s shareholders in advanced talks with the former owner of baseball’s San Diego Padres.

US entrepreneur John Jay Moores heads up a consortium of investors, including long-time associate Charles Noell, which has been in discussions over the acquisition for a number of months, according to The Times.

The Premier League club, owned by Bill Kenwright, Robert Earl and Jon Woods, has been seeking outside investment for a number of years in order to finance ambitions stadium development plans and compete in the transfer market.

Moores owned the Californian Major League Baseball franchise for 15 years between 1994 and 2009, helping the team move into an impressive 41,000-capacity stadium, Petco Park, in 2004. Last year he expressed an interest in purchasing Swansea City, although talks broke down.

If Moores’ attempt to take control is successful, Everton would be the latest top-flight club to accept international investment. Fourteen of the 20 Premier League clubs have a portion of their equity owned by foreign investors.

The deal would also increase the league’s American contingent. Arsenal (Stan Kroenke), Aston Villa (Randy Lerner), Liverpool (John W Henry), Manchester United (the Glazer family) and Sunderland (Ellis Short) are all owned by US businessmen.

Last week Crystal Palace won investment from David Blitzer and Josh Harris who own the National Hockey League’s (NHL) New Jersey Devil and the National Basketball Association (NBA) franchise Philadelphia 76ers.

Sign up for FREE ezines
Related news

Company profile

Company profile: We Work Well Inc
We Work Well is a global premier hosted buyer event company, connecting high-level executives from leading suppliers with pre-selected highly qualified buyers in the wellness and hospitality industries, through scheduled one-on-one meetings, networking activities, community, and purpose.
View full profile >
More company profiles

Featured Supplier

Sprung Gym-Flooring: leading fitness flooring provider paves the way for top performance
Introducing Sprung Gym-Flooring, where innovation meets excellence in the world of flooring and sports solutions.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

11-14 Apr 2024
Exhibition Centre , Cologne, Germany
22-24 Apr 2024
Galgorm Resort, York
10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
More diary dates