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Tuesday, July 16, 2024

Everton Talks Reportedly Heat Up on $447M Sale

  • Everton owner Farhad Moshiri is reportedly in advanced talks to sell the team to Maciek Kaminski for roughly $447 million.
  • A sale to Kaminski would result in half the Premier League teams being owned by Americans.
Everton FC

Another Premier League team could find itself under American ownership.

Minnesota-based investor Maciek Kaminski is in advanced talks to purchase Everton, per the Financial Times. The talks gained steam over the past week, but a deal is not yet certain.

  • The deal is believed to be for around $446.8 million.
  • Kaminski heads Talon Real Estate, which owns a large number of properties in the Midwest and Great Plains.
  • Kaminski was initially bidding with former Chelsea and Manchester United CEO Peter Kenyon, investment banker Michael Klein, and John Thornton, executive chair of U.S. mining company Barrick Gold. Kaminski has since split with that group.

The sale of the club, currently owned by Farhad Moshiri, is complicated by the tumbling British Pound, which has fallen around 20% compared to the U.S. dollar in the last 12 months.

American Money

With Todd Boehly’s purchase of Chelsea, nine of 20 Premier League clubs are owned primarily by Americans. 

One of those, Manchester United, could return to British ownership, should the Glazer family find someone to meet their reported $4.3 billion price tag. Britain’s richest man, Sir Jim Ratcliffe, and Michael Knighton have expressed interest in buying the club.

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