Everton owner Farhad Moshiri has said the Premier League club is not for sale, but he is close to securing investment to help with building a new stadium.
The Guardian newspaper on Tuesday reported that Moshiri had put the Merseyside club, who are languishing in the Premier League relegation zone and sacked manager Frank Lampard on Monday, up for sale. "The club is not for sale but I have been talking to top investors, really quality, to bridge a gap on the stadium," Moshiri told the club's FAB.
"The stadium is the best-performing area of our operation at the moment: on time, on budget. Once we get through the current underperformance fans can start dreaming with me. The stadium was never a luxury for Everton. For us, it was a necessity."