Everton could become the latest club to be taken over by foreign business interests after the club reached an agreement with American business men, John Jay Moores and Charles Noell.
Moores, the former owner of San Diego Padres baseball team, and Noell have spent the last six weeks carrying out due diligence and holding talks with Everton’s majority shareholders, Chairman Bill Kenwright, Robert Earl and Jon Woods.
Their talks have reached such an advanced stage that a deal could be announced before the end of the month.
It is believed that some other interested parties from the Far East have surfaced, but the Americans are set to the nod.
Moores and Noell made serious on their interest in December just a month after Everton’s general meeting where chief executive Robert Elstone confirmed: ‘There has never been more people interested in investing in Everton and the Chairman is confident [investment] will be secured in the near future.’
Moores and Noell are understood to have already met manager Roberto Martinez and should the takeover progress they will also evaluate the search for a new stadium with nearby Walton Hall Park identified as one suitable alternative to Goodison Park